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5703 Beach Drive #A-B Panama City Beach, FL 32408
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Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,551 sqft
Price per Sqft $377
Subdivision Biltmore Beach
MLS Listing ID 900561
Sold Date 08/16/22
Bedrooms 4
Full Baths 3
Half Baths 1
Construction Status Construction Complete
HOA Y/N No
Year Built 2002
Annual Tax Amount $2,483
Tax Year 2021
Lot Size 5,662 Sqft
Acres 0.13
Property Description
DUPLEX ONE BLOCK FROM THE BEACH! Imagine the memories you'll have at the beach in this home! Located just steps from the beach access, this duplex is the perfect investment property with proven rental history of over $105,000 in 2021. One side of the duplex offers two bedrooms and two baths while the other side offers two bedrooms and one a half baths. Each unit is thoughtfully designed with a spacious, open concept and is turn-key. The covered patio and privacy fence in the back yard offers great privacy for each unit. Rent each unit separately to maximize the rental potential with this duplex! Or live in one side and enjoy the beach life while you rent the other side for additional income. The units already have rentals on the books for 2022 and reservations being made daily.
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Multi-Family
Rooms
Kitchen First
Interior
Interior Features Ceiling Vaulted, Floor Tile, Furnished - All
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smooth Stovetop Rnge, Washer
Exterior
Exterior Feature Fenced Back Yard, Fenced Privacy, Patio Covered
Pool None
Utilities Available Electric, Public Sewer, Public Water
Private Pool No
Building
Lot Description Within 1/2 Mile to Water
Story 1.0
Structure Type Roof Composite Shngl,Siding Vinyl
Construction Status Construction Complete
Schools
Elementary Schools Patronis
Others
Energy Description AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional
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Bought with Non Member Office (NABOR)