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5216 Beach Drive, Panama City, FL 32408

#780294

RES

5/5

Built in 1983

$699,000

Details

Updated Triplex - Steps from the Beach! Discover this beautifully updated property featuring three independent income-producing units, each with its own private entrance. Live in one and rent out the others, or maximize your investment by leasing all three! The home includes two spacious 2-bedroom units and one cozy 1-bedroom unit, offering flexible living or rental options. The downstairs 2-bedroom unit even includes built-in bunks, perfect for accommodating larger families or vacation guests. Upstairs, enjoy both front and back deck areas where you can catch a peek-a-boo view of the Gulf and coastal breezes. Out back, a covered picnic area with tables and grills makes for the ideal space for gatherings and cookouts. A pet-friendly fenced yard adds extra convenience and appeal for tenants or guests with pets. This investor's dream is perfectly situated just 1½ blocks from the sugar-white sands of Gulf Access #5 and minutes from St. Andrews State Park, local shops, and some of Panama City Beach's best dining spots. Don't miss this rare opportunity to own a turnkey, income-producing property in one of the Gulf Coast's most desirable beach communities!
GENERAL
Real Estate Type RES
Full Bathrooms 5
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 0
Real Estate Sub Type Duplex
Stories 2
Year Built 1,983
Lot Size Units Acres
Lot Size Area 0
Lot Size Dimensions 50 x 100
Agent Key 27,029,582
Agent MLS Id B4947
Office Key 5,952,165
Source System Name Central Panhandle Association of REALTORS®
Source System Id TRESTLE
Office Phone 850-502-4862
Agent Url http://www.BikerScott.com
Elevation 0
Parcel Number 31749-000-000
Number Of Units Total 3
Tax Legal Description BILTMORE BEACH LOT 4 BLK D ORB 4732 P 1692 MAP 70B2
Special Listing Conditions ListedAsIs
Internet Address Display True
Internet Automated Valuation Display True
Agent Name Scott Roberts
Agent Email [email protected]
Agent Cell 859-640-4947
Agent Office 850-235-2551
Broker Id THEKCO
Office Name LoKation Real Estate
Listing Contract Date 10/10/2025
Square Feet 2,160
Days On Market 1
Status Active
BUILDING
Cooling CeilingFans
Ductless
Heating Ductless
Style Duplex
Exterior Features Deck
Fireplace False
Parking Total 0
Parking Features AdditionalParking
Rooms 7
Structure Type Duplex
Utilities ElectricityAvailable
TrashCollection
Patio And Porch Features Deck
Covered
Patio
Private Pool False
Spa False
Fencing Fenced
LOCATION
Subdivision Biltmore Beach
Directions From Highway 98 turn onto Thomas Drive heading south - turn right onto Beach Drive
property will be located on the right.
County Bay
Waterfront False
SCHOOLS
Elementary School Patronis
Middle School Surfside
High School Arnold

Questions