Panama City Beach, FL 32408,5928 Beach Drive
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Panama City Beach, FL 32408,5928 Beach Drive
Panama City Beach, FL 32408,5928 Beach Drive
Panama City Beach, FL 32408,5928 Beach Drive
Panama City Beach, FL 32408,5928 Beach Drive
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Renee Ryan

Renee Ryan

Engel & Völkers

+1(850) 259-8960
$ 675,000
Est. payment /mo
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Price Dropped by $20K

5928 Beach Drive Panama City Beach, FL 32408

5 Beds

3 Baths

1,963 SqFt


UPDATED:

12/11/2024 01:49 AM

Key Details

Property Type Single Family Home

Sub Type Beach House

Listing Status Active

Purchase Type For Sale

Square Footage 1,963 sqft

Price per Sqft $343

Subdivision Biltmore Beach 1St Addn

MLS Listing ID 951651

Bedrooms 5

Full Baths 3

Construction Status Construction Complete

HOA Y/N No

Year Built 1997

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Income-Generating Gem: Investor's Dream in Panama City Beach! Turnkey High-Earning Vacation Rental - Prime Opportunity!This 5-bedroom, 3-bathroom, single-story home is a proven cash-flow powerhouse! With a 2023 gross rental income of $93,000 and 2024 on track for similar success, this property outperforms projections year after year. Fully turnkey, it conveys all updated furnishings, decor (refreshed in 2023), and smart home features, including digital thermostats and exterior cameras. Whether you're a seasoned investor or a first-time buyer, this property is set up for seamless management and maximum occupancy, comfortably accommodating up to 12 guests.

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Multi-Family

Rooms

Kitchen First

Interior

Interior Features Breakfast Bar, Ceiling Raised, Ceiling Vaulted, Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Pantry, Renovated, Window Treatment All

Appliance Cooktop, Dishwasher, Dryer, Freezer, Microwave, Oven Double, Refrigerator, Washer

Exterior

Exterior Feature Fenced Back Yard, Fenced Privacy, Fireplace, Patio Open, Porch Screened

Pool None

Utilities Available Electric, Public Water, Septic Tank, TV Cable

Private Pool No

Building

Story 1.0

Structure Type Roof Metal,Siding Vinyl,Trim Vinyl,Trim Wood

Construction Status Construction Complete

Schools

Elementary Schools Patronis

Others

Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect

Financing Conventional,FHA,Other,VA


Listed by Beachy Beach Real Estate
agent

Renee Ryan

Advisor

+1(850) 259-8960

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5928 Beach Drive