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$485,000 USD
5519_5521 Beach Drive
Panama City, Florida 32408
USA
Panama City, Florida 32408
USA
149.105 m2 ::
1,605 sqft
4 bedrooms
4 full baths
Residential For Sale, Duplex
Sale price per sqm: 3,252.65
Tax: 1,401 USD
Remarks:
If you have been looking to own and profit on Panama City Beach, this may be the perfect income-producing property for you. Just one block from the beach, this reasonably priced duplex has no HOAs and offers a fantastic location where you and your guests can enjoy many amenities year after year. Currently rented to long-term tenants, grossing $33,000, the short-term rental potential would be much higher, leaving plenty of room to call this a solid investment. You may be ready to live beach side on a budget and enjoy living in one unit and renting out the other. You and your guest will enjoy high ceilings with lots of natural light, a split bedroom floor plan, a full laundry room, and open concept living and kitchen area along with an open patio and a sizable fenced-in backyard for both units, so take a short walk to the beach, garden in your backyard or stay in and relax in either of these efficient two bedroom two bathroom units. This low-maintenance property is a fantastic way to break into beach life. The roof was replaced in January 2019, the Water Heater in December 2024, and the Washer/Dryer in December 2018 in unit 5519. In unit 5521, the A/C was replaced in July 2017, the Washer/Dryer in June 2021, and the Water Heater in December 2024. Last but not least, the property is hooked up to public water and sewer.
Features:
- Kitchen
- Living Room
- Year Built: 2003
- Exterior Description: Vinyl Siding
- Appliances: Refrigerator, Dishwasher, Oven / Range, Washer, Dryer
- Roofing: Composition/shingle
Location:
5519_5521 Beach Drive, Panama City, Florida 32408, USA
Listed By CENTURY 21 Ryan Realty
The Residential For Sale, Duplex located at 5519_5521 Beach Drive, Panama City, Florida 32408, USA is currently for sale. 5519_5521 Beach Drive, Panama City, Florida 32408, USA is listed for $485,000 USD. This property has 4 bedrooms, 4 full baths and 1,605 sqft. If the property located at 5519_5521 Beach Drive, Panama City, Florida 32408, USA isn't what you're looking for, search Florida Real Estate to see other Homes For Sale in Panama City.