Coastal Vibes Luxury Beach Group

Duplex

5216 Beach Drive

Panama City Beach , FL 32408

MLS#: 738940

$799,000

Status: Closed
Listing number: 738940
Listing provided by: Beach Haven Realty
Listing agent phone: None
Last update: 3 months ago
On site: 2 years ago
Browse Properties
Biltmore Beach - Residential

Property

Beds

4

Full Baths

4

1/2 Baths

None

Year Built

1983

Sq.Footage

2,160

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to Tranquility & Harmony! This house is an investors dream with 2 rentals that are true to their name. Upstairs you will find a 2 bedroom and 2 bath nicely decorated unit ready for rental and downstairs there is a wonderful 2 bedroom 2 bath unit with bunks and built for entertaining large groups and families. There is a large utility room with 2 washers and 2 dryers and storage area. While sitting on the upstairs deck you will enjoy a view of the gulf. There is plenty of room on the property for a large lagoon style pool and hot tub. Out back you will find a covered pavilion with picnic tables and grills for guest and even a turn out area for your fur baby. Oh, and did we mention location? 2 blocks from beach access #5. No HOA Close to some wonderful beach attractions and restaurants like Schooners, St. Andrews State Park, and Capt. Anderson's. If you are looking for your own personal beach home to live in this unit would be perfect for you to use the second unit as an income producing rental or for your family and friends. Both kitchens have stainless appliances and butcher block counters. Tile and vinyl flooring throughout and both units have been completely updated. There is a custom tile outdoor shower to wash off the beach at the end of the day. The possibilities are endless with this already great property. Just bring your imagination. Downstairs master/in-law suite can also be used independently with its own private entrance if desired while producing income through the other 2.units. This property is a cash flow cow with fantastic ROI. It's projected to produce at least 100k in revenue per year. Take advantage of a unique opportunity to be your own boss and having the hundreds of thousands of visitors to PCB paying your mortgage or expanding your real estate portfolio. Current SUPERHOST owner with multiple U.S and international short-term rental properties and over 2000 confirmed reservations is willing to stay on at least 60-90 days onboarding and teaching trade secrets acquired through many years and vast experience in this industry.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Ductless

  • Heating YN

    YES

  • Heating

    Ductless

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Additional Parking

  • Patio and Porch Features

    Deck, Covered, Patio

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Waterfront

  • Lot Size(acres)

    0.13

  • Property Type

    Residential

  • Property Sub Type

    Duplex

  • Architectural Style

    Duplex

Price

  • Sales Price

    $799,000

  • Tax Amount

    $2,601

  • Sq. Footage

    2, 160

  • Price/SqFt

    $369

HOA

  • Association

    No

School District

  • Elementary School

    Patronis

  • Middle School

    Surfside

  • High School

    Arnold

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Location

County

Bay

Elementary School

Patronis

Middle School

Surfside

High School

Arnold

Listing Courtesy of Patrick D Pate , Beach Haven Realty

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Agent Emily Lewallen

REALTOR®

Emily Lewallen

Call Emily today to schedule a private showing.

(404) 319-0657

Emily@coastalvibeslux.com


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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to Tranquility & Harmony! This house is an investors dream with 2 rentals that are true to their name. Upstairs you will find a 2 bedroom and 2 bath nicely decorated unit ready for rental and downstairs there is a wonderful 2 bedroom 2 bath unit with bunks and built for entertaining large groups and families. There is a large utility room with 2 washers and 2 dryers and storage area. While sitting on the upstairs deck you will enjoy a view of the gulf. There is plenty of room on the property for a large lagoon style pool and hot tub. Out back you will find a covered pavilion with picnic tables and grills for guest and even a turn out area for your fur baby. Oh, and did we mention location? 2 blocks from beach access #5. No HOA Close to some wonderful beach attractions and restaurants like Schooners, St. Andrews State Park, and Capt. Anderson's. If you are looking for your own personal beach home to live in this unit would be perfect for you to use the second unit as an income producing rental or for your family and friends. Both kitchens have stainless appliances and butcher block counters. Tile and vinyl flooring throughout and both units have been completely updated. There is a custom tile outdoor shower to wash off the beach at the end of the day. The possibilities are endless with this already great property. Just bring your imagination. Downstairs master/in-law suite can also be used independently with its own private entrance if desired while producing income through the other 2.units. This property is a cash flow cow with fantastic ROI. It's projected to produce at least 100k in revenue per year. Take advantage of a unique opportunity to be your own boss and having the hundreds of thousands of visitors to PCB paying your mortgage or expanding your real estate portfolio. Current SUPERHOST owner with multiple U.S and international short-term rental properties and over 2000 confirmed reservations is willing to stay on at least 60-90 days onboarding and teaching trade secrets acquired through many years and vast experience in this industry.

5216 Beach Drive

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