Homes for sale - 5928 Beach DR, Panama City, FL 32408

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SimpliHŌM - Making Real Estate Simple

support@simplihom.com +1(855) 856-9466

$ 675,000

Est. payment | -/mo

5 Beds

3 Baths

1,963 SqFt

Save

$ 675,000

Est. payment | -/mo

Save

5 Beds

3 Baths

1,963 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,963 sqft

Price per Sqft $343

Subdivision Biltmore Beach 1St Add

MLS Listing ID 756259

Style Traditional

Bedrooms 5

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1997

Annual Tax Amount $4,826

Tax Year 2023

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.Exceptional Features Designed for High DemandGuest-Friendly Layout: Single-story home with zero stairs, tile flooring throughout, vaulted ceilings, and stainless steel appliances.Entertainment Spaces: Two enclosed porches, multiple dining areas, and a private backyard with a fire pit, BBQ grill, and plenty of room for outdoor fun.Enhanced Amenities: Pet-friendly backyard, outdoor shower, a spacious laundry/utility room with a second refrigerator, and ample parking for guests.Group-Friendly Design: Two King en-suites (one with patio access), two Queen bedrooms, and a double bunk bedroom ensure privacy and comfort for families or group bookings.Prime Location for Year-Round BookingsKnown as ''Pelican Paradise'' on Airbnb, this rental boasts 65 reviews with a 4.62-star average rating. Located just blocks from a public boat ramp, it's perfect for water enthusiasts bringing boats or jet skis. Public beach access is nearby, with Rick Seltzer Beach Park and St. Andrews State Park just a mile away. Local dining, entertainment, and golf are within a two-mile radius, making this property an in-demand destination for vacationers.Added Value for Buyers: The motivated seller is offering $800 toward a home warranty at closing, providing peace of mind for the next owner.This is your chance to own a high-performing, low-maintenance investment property in the heart of Panama City Beach's vacation rental market. Don't wait--contact your real estate agent today to schedule a showing or request more details!Note: Buyer to verify all measurements and any information deemed important.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Breakfast Bar, High Ceilings, New Paint, Pantry, Remodeled, Recessed Lighting, Vaulted Ceiling(s)

Heating Central

Cooling Central Air, Ceiling Fan(s)

Fireplaces Type Outside

Furnishings Furnished

Fireplace No

Appliance Double Oven, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Microwave, Range Hood, Washer

Exterior

Exterior Feature Outdoor Shower, Porch, Patio

Parking Features Driveway, Open, Paved

Fence Fenced, Privacy

Community Features Short Term Rental Allowed

Utilities Available Electricity Connected, Septic Available, Water Connected

Roof Type Metal

Porch Porch, Screened

Building

Foundation Slab

Sewer Septic Tank

Architectural Style Traditional

Construction Status Updated/Remodeled

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 32122-000-000

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Beachy Beach Real Estate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(855) 856-9466

support@simplihom.com

5928 Beach DR Panama City, FL 32408