4 months on rocket

5321 Sunset Ave, Panama City Beach, FL, 32408

$1,293,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths
4,350 SqFt
$297/SqFt
Multi
Schools Nearby

Location

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5321 Sunset Ave, Panama City$1,293,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAdditional Parking, Driveway, Parking Lot
Year Built1980
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #747927
StatusActive

About 5321 Sunset Ave

MOTIVATED SELLER ! SEND OFFERS !INVESTMENT OPPURTUNITY! 6 UNITS !! Great Short-Term Rental Income ! Over $200k grossed YTD !!These two Triplexes- Both 5321 & 5323 Sunset Ave are located just a few blocks from the beach. RENTAL MACHINE !! Total 6 Units - Each unit is 2 bedroom, 1 bath and approximately 725 SF. All of them newly renovated in 2022. New LVP flooring, renovated bathrooms, new kitchens with brand new appliances and cabinets, new water heaters and AC units. New Roof on each building in 2019. New furniture and decor in modern coastal style. Sold AS IS - fully furnished and RENTAL READY ! Each apartment has a private back patio area with a small storage closet, dining area and outdoor grill. Common areas are neat and well maintained, around 10 parking spots available for guests. GREAT LOCATION - 5 min walking to the beach ! Don't miss this opportunity - Schedule your appointment ASAP !!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Living Area: 4,350 SqFt

Listing Office:

  • Office Name: Bay to 30A Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Freezer, Microwave, Refrigerator
  • Flooring Type: Vinyl
  • Interior: New Paint, Remodeled, Smart Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Exterior: Fence, Outdoor Grill

Parking Information:

  • Parking: Additional Parking, Driveway, Parking Lot

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

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: W on Thomas Drive, turn right on Hurt St, and Right on Sunset. Property on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,293,000
  • Price Per SqFt: $297/SqFt
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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

5321 Sunset Ave vs Panama City

130 DAYS ON ROCKET

+48 Days

$1,293,000

+$945.8K More

$297/SqFt

+$93 More

KEY TAKEAWAY

This property is $945.8K more than the Median Sold Price and $93/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #747927

Listing Office:

  • Office Name: Bay to 30A Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© 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: 4/27/2024, 1:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,521

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,943

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NMLS#3030

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-1279614
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.85 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1279615
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 7.34 miles

  • Public District Grades 6-8

High School

school-card-donut-1279616
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.43 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. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Bay County›Panama City›32408›5321 Sunset Ave

This home is located at 5321 Sunset Ave in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 4,350 square foot home was built in 1980. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $1,293,000.

While more than 13 listings in Panama City, FL in March 2024 were sold above asking price, there were more than 63 listings sold at asking price, and more than 120 were sold below. Between February 2024 and March 2024, Panama City, FL real estate market has seen increase in the number of listings by 3.2%. In March 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $347,126.

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

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