5520 Sunset Avenue A, Panama City, FL 32408 (MLS# 761021)

5520 Sunset Avenue A, Panama City, FL 32408

$785,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,050 Status: Sold

Current Price: $785,000 List Date: 8/07/2024 Last Modified: 1/17/2025

Overview

Description

This is a unique opportunity to own side A or B of this fantastic Duplex with individual salt pool and a short walk to the Gulf of Mexico. Outstanding rental projections. This property is being offered as a ''Land Condo'' that give you access to all the amenities and property ownership but under a Condo Association preview.. This legal holding allows ownership of each side individually. This Desirable East End Duplex with Inground Gunite SALT Pools just approximately 725 feet to a dedicated beach access number 9. . Can you say CASH FLOW! Each side has its own unique custom upgrades. This duplex build is the builders crown Jewel. LOTS AND LOTS OF SHIP LAP, WAINSCOTTING, and TONGUE AND GROOVE PINE CEILINGS. FANTASTIC RENTAL PROJECTS $202,392-$237,152. Kitchens come fully equipped with all appliances. Luxury Vinyl plank flooring through out. Quartz counters and upgraded custom cabinetry. Unique fixtures and mirrors throughout. lots of upgrades throughout. 2 Master suites, 1 upstairs … (Read more)

Listing Details MLS# 761021

Contract Info

List Price/SqFt: 387.8

Location

Area: 03 – Bay County – Beach
Street #: 5520
Street Name: Sunset
Street Suffix: Avenue
Unit #: A
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Biltmore Beach
Community/Resort: None
Waterfront: No
Parcel ID: 31909-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Thomas Dr to Biltmore. Turn Right on Biltmore and left on Sunset
Legal Description: * New Legal will be created prior to close for each individual unit.

General Property Info

Sub-Type: Duplex Multi-Units
Design: Duplex
Apx SqFt(Htd/Cooled): 2050
SqFt Source: Builders Plans
Full Baths: 3
Half Baths: Yes
Total Baths: 4
Year Built: 2024
Construction Status: Construction Complete
New Construction: Yes
Garage Y/N: No
Lot Dimensions: 25×60
Pool: Yes

Status Change Info

Under Contract Date: 2024-09-25
Sold Date: 2024-12-02
Sold Price/SqFt: 382.93

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 1500
HOA Frequency: Annually
HOA Annual Amount: 1500
New Buyer Fee: Yes
New Buyer Fee Amt: 250
Last Taxes: 1634
Last Tax Year: 2023
Brokerage Interest: No Interest
Condo Doc: Yes

Remarks & Misc

Remarks: This is a unique opportunity to own side A or B of this fantastic Duplex with individual salt pool and a short walk to the Gulf of Mexico. Outstanding rental projections. This property is being offered as a ''Land Condo'' that give you access to all the amenities and property ownership but under a Condo Association preview.. This legal holding allows ownership of each side individually. This Desirable East End Duplex with Inground Gunite SALT Pools just approximately 725 feet to a dedicated beach access number 9. . Can you say CASH FLOW! Each side has its own unique custom upgrades. This duplex build is the builders crown Jewel. LOTS AND LOTS OF SHIP LAP, WAINSCOTTING, and TONGUE AND GROOVE PINE CEILINGS. FANTASTIC RENTAL PROJECTS $202,392-$237,152. Kitchens come fully equipped with all appliances. Luxury Vinyl plank flooring through out. Quartz counters and upgraded custom cabinetry. Unique fixtures and mirrors throughout. lots of upgrades throughout. 2 Master suites, 1 upstairs and 1 down stairs. The unique floor plan gives plenty of privacy and space between all the upstairs bedrooms. Nice big owners storage closet out by the pool. Enjoy BBQ's under the cover lanai by the pool. Outdoor shower to rinse the sand of your feet before you step in the front door. 2×6 exterior construction, Metal Roof and Impact Windows give you added peace of mind for coastal living. Check out this fine home from Elite Coastal Construction today. They are offering a 2/10 Builder Warranty at no charge to the buyer. More and More discerning buyers are locating to the East end of PCB. Less traffic and less congestion on the beaches. but lots of great Restaurants and amenities. You are only approx 25 minutes to Pier Park. *All measurements are approx measure if important.

More Information

Pool Features

Gunite Concrete: Yes
Inground: Yes
Saltwater: Yes

Interior Features

Ceiling – Raised: Yes
Floor – Vinyl: Yes
Floor – Vinyl Plank: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes

Construction/Siding

Roof – Metal: Yes

Exterior

Balcony: Yes
Deck Covered: Yes
Fenced Back Yard: Yes
Fenced Lot-All: Yes
Shower: Yes

Association Fees Include

Accounting: Yes
Legal: Yes
Other – See Remarks: Yes

Furnished

Unfurnished: Yes

Living Room

First: Yes

Parking Features

Driveway: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBed Walk-in Closet: Yes

Present Zoning

Other – See Remarks: Yes

Rooms

Bedroom: Yes
Living Room: Yes
Master Bedroom: Yes

Utilities

Public Sewer – Connected: Yes
Public Water – Connected: Yes

Master Bedroom

First: Yes
Second: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Heat Pump: Yes

Property Features

Master Bedroom: First; Second Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Heat Pump Exterior: Balcony; Deck Covered; Fenced Back Yard; Fenced Lot-All; Shower Association Fees Include: Accounting; Legal; Other – See Remarks Furnished: Unfurnished Living Room: First Pool Features: Gunite Concrete; Inground; Saltwater Parking Features: Driveway Rooms: Bedroom; Living Room; Master Bedroom Utilities: Public Sewer – Connected; Public Water – Connected Present Zoning: Other – See Remarks

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Master Bedroom	First	16 x 14	16.00	14.00	All measurement should be verified if important.
Master Bedroom	Second	15 x 14	15.00	14.00
Bedroom	Second	14 x 12	14.00	12.00
Bedroom	Second	11 x 11	11.00	11.00
Living Room	First	15 x 10	15.00	10.00

Listing Office: Panhandle Real Estate

Last Updated: January – 17 – 2025

Information deemed reliable but not guaranteed.