8402 Elizabeth Avenue, Panama City Beach, FL 32408

$545,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 1,788 Lot Size (sq. ft.): 6,229 Status: Active
Current Price: $545,000 List Date: 2/24/2026 Last Modified: 6/12/2026

Overview

Description

Investor Property Alert! 5 Minute walk to the beach. No HOA!! Sellers offer this beautiful Panama City Beach, a fully furnished duplex just a short stroll from the sugar white sand and emerald waters of the Gulf. This turnkey investment opportunity offers the perfect blend of beach lifestyle and strong rental potential in one of Florida's most sought after vacation markets. NO HOA!! Built in 1999 and thoughtfully updated, this open floor aesthetic features two spacious units, each offering two bedrooms and two bathrooms. The interiors have been renovated in recent years post hurricane with modern kitchens, backsplash, granite countertops, stainless steel appliances, and updated bathrooms that appeal to today's vacation guests and long term renters alike. Tile flooring throughout makes maintenance easy and stands up well to sandy feet and high occupancy. Enjoy the creative and comfortable backyards with fire pits made for entertaining guests and enjoyment, peace, and solitude.

Open Houses

  • Tomorrow, 10:30 am – 12:30 pm

Listing Details MLS# 785770

Contract Info

List Price/SqFt
304.81

Location

Area
03 – Bay County – Beach
Street #
8402
Street Name
Elizabeth
Street Suffix
Avenue
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Bel Air
Community/Resort
Bel Air
Waterfront
No
Parcel ID
30291-000-000
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Directions
From the Hathaway Bridge traveling west on Hwy 98 Use the middle 2 lanes to turn slightly right to stay on US-98 W  Pass by Taco Bell (on the right in 0.2 mi) Use the left 2 lanes to turn slightly left onto FL-30 W/Front Beach Rd   Continue on Joan Ave. Take C R 392/Thomas Dr to Elizabeth Ave in Lower Grand Lagoon
Legal Description
BEL AIR LOT 25 BLK 5 ORB 3422 P 1068 MAP 58B3&B4

General Property Info

Sub-Type
Duplex Multi-Units
Design
Duplex
Apx SqFt(Htd/Cooled)
1788
SqFt Source
Prop App Site
Full Baths
4
Total Baths
4
Year Built
1999
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Driveway Spaces
4
Lot Dimensions
50×150
Acreage
0.14
Lot Size (SqFt)
6229
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
5053
Last Tax Year
2025
Brokerage Interest
No Interest
Section
6
Township
4S
Range
15W

Remarks & Misc

Remarks
Investor Property Alert! 5 Minute walk to the beach. No HOA!! Sellers offer this beautiful Panama City Beach, a fully furnished duplex just a short stroll from the sugar white sand and emerald waters of the Gulf. This turnkey investment opportunity offers the perfect blend of beach lifestyle and strong rental potential in one of Florida's most sought after vacation markets. NO HOA!! Built in 1999 and thoughtfully updated, this open floor aesthetic features two spacious units, each offering two bedrooms and two bathrooms. The interiors have been renovated in recent years post hurricane with modern kitchens, backsplash, granite countertops, stainless steel appliances, and updated bathrooms that appeal to today's vacation guests and long term renters alike. Tile flooring throughout makes maintenance easy and stands up well to sandy feet and high occupancy. Enjoy the creative and comfortable backyards with fire pits made for entertaining guests and enjoyment, peace, and solitude. The layout provides flexibility for investors. Short-term rent both units for maximum income potential OR live in one side and rent the other, or operate both as short term vacation rentals. The property is being offered furnished and ready to welcome guests, allowing you to start generating income right away. An outdoor shower adds a practical and attractive touch for beachgoers returning from a day in the sun. Location is everything in Panama City Beach, and this property delivers. Just minutes from public beach access, restaurants, shopping, and local attractions, guests can enjoy everything the area has to offer without ever needing to drive far. Walkability to the beach is a major draw that consistently supports strong occupancy and nightly rates. Whether you are looking to expand your investment portfolio or secure a beach property with built in income potential, 8402 Elizabeth Avenue is an opportunity you do not want to miss! Schedule your private showing today and step into a property that works as hard as you do while offering the relaxed lifestyle only the beach can provide.

Appliances

Dishwasher
Yes
Dryer
Yes
Oven – Electric
Yes
Washer
Yes

More Information

Interior Features

Floor – Tile
Yes

Construction/Siding

Siding – Stucco
Yes

Exterior

Fenced Privacy
Yes
Fire Pit
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Furnished
Yes

Living Room

First
Yes

Lot Features

Near Beach Access
Yes

Lot Access

City Street
Yes

Present Zoning

Resid Single Family
Yes

Rooms

Bedroom
Yes
Living Room
Yes
Primary Bathroom
Yes
Primary Bedroom
Yes

Showing

ShowingTime
Yes

Utilities

TV Cable
Yes
Electricity – Connected
Yes
Garbage
Yes
Internet – Broadband Available
Yes
Septic Tank
Yes
Solar
Yes

Sale Type

As Is
Yes

Primary Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Central Air
Yes

Heating

Central
Yes
Electric
Yes

Primary Bathroom

First
Yes

Property Features

Appliances: Dishwasher; Dryer; Oven – Electric; Washer Primary Bedroom: First Bedroom: First Cooling: Central Air Heating: Central; Electric Exterior: Fenced Privacy; Fire Pit Financing: Cash; Conventional; FHA; VA Furnished: Furnished Living Room: First Lot Features: Near Beach Access Lot Access: City Street Primary Bathroom: First Rooms: Bedroom; Living Room; Primary Bathroom; Primary Bedroom Sale Type: As Is Showing: ShowingTime Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Broadband Available; Septic Tank; Solar Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width Remarks
Master Bedroom First 12 x 12 12.00 12.00 buyer to verify
Bedroom First 12 x 12 12.00 12.00 buyer to verify
Living Room First 14 x 14 14.00 14.00 buyer to verify
Master Bathroom First 12 x 12 12.00 12.00 buyer to verify
Listing Office: Coldwell Banker Realty
Last Updated: June – 12 – 2026
Information deemed reliable but not guaranteed.