29 days on rocket

5220 Beach Dr, Panama City Beach, FL, 32408

$599,000

Home List Price

$7,113*

Closing Credit

4 Bedrooms
2 Full Baths
1,232 SqFt
$486/SqFt
House
Schools Nearby

Location

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5220 Beach Dr, Panama City$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1972
CoolingCentral Air
MLS #946191
Lot Size0.14 Acres
StatusActive

About 5220 Beach Dr

Look no further! This four-bedroom, two-bathroom beach duplex is located just one block away from public beach access #5 and the worlds most beautiful white sandy beaches and emerald waters. This property is divided into two separate units, each featuring two bedrooms and one bathroom, offering versatility for living arrangements or rental opportunities. Ideal for investors or homeowners looking for rental income, this duplex comes fully furnished and turnkey rental ready, making it hassle-free to start generating income immediately. The fenced-in yard provides privacy and security for your furry friends, while the fire pit adds charm and relaxation to outdoor gatherings. Dont miss out on this incredible opportunity to own a proven rental machine in one of the most desirable beach destinations. Whether you choose to live in one unit and rent out the other or rent out both units entirely, this beach duplex offers endless possibilities for both enjoyment and profitability. Buyers agent/buyer to confirm all items of importance. Agent to Agent Remarks: Use ShowingTime for all showings/inspections Contact Patrick (850) 381-7273 or Kay (205) 382-0647 for all questions. Thank you for showing!

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 1972
  • Stories: 1
  • Living Area: 1,232 SqFt

Listing Office:

  • Office Name: Beach Haven Realty LLC
  • Office Phone: (770) 596-6599
  • Listing Agent: Patrick D Pate

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: BBQ Pit/Grill, Fenced Lot-Part

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Traveling on Hwy. 98 turn onto Thomas Dr. headed South. Turn right on Beach Dr., property will be located down on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $486/SqFt

Tax Information:

  • Annual Amount: $1,541
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

5220 Beach Dr vs Panama City

29 DAYS ON ROCKET

-53 Days

$599,000

+$251.8K More

$486/SqFt

+$282 More

KEY TAKEAWAY

This property is $251.8K more than the Median Sold Price and $282/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #946191

Listing Office:

  • Office Name: Beach Haven Realty LLC
  • Office Phone: (770) 596-6599
  • Listing Agent: Patrick D Pate

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:20:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 03, 2017Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,541$123,347
2018$1,453$109,728
2017$989$72,123

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3990436
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.92 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3990437
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 7.42 miles

  • Public District Grades 6-8

High School

school-card-donut-3990438
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.51 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. The most common annual income of people living in Panama City, FL is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5220 Beach Dr

What is the listing price of this property?

The listing price of 5220 Beach Dr property is $599,000.

What type of property is this?

The property 5220 Beach Dr is a house located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5220 Beach Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5220 Beach Dr are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,541 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 3, 2017 for $165,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5220 Beach Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5220 Beach Dr is 1,232 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5220 Beach Dr is 1972.

Rocket Homes›Florida›Bay County›Panama City›32408›5220 Beach Dr

This home is located at 5220 Beach Dr in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 1,232 square foot home, which was built in 1972, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $599,000.

In March 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 63 were sold right at the asked price. In March 2024 in Panama City, FL there were 3.2% more homes for sale than in February 2024. Listings spent 82 days on the market in March 2024, and had a median list price of $347,126 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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