3 months on rocket

5520 Sunset Ave Unit A & B, Panama City Beach, FL, 32408

$1,600,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths, 2 Partial
4,100 SqFt
$390/SqFt
Multi
Schools Nearby

Location

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5520 Sunset Ave Unit A & B, Panama City$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built2023
MLS #752276
StatusActive

About 5520 Sunset Ave Unit A & B

Desirable East End Duplex with Inground Gunite SALT Pools just approximately 725 feet to a dedicated beach access number 9. The possibilities are endless. Live in one side t the other, Rent both sides with awesome short term rental projections. Can you say CASH FLOW! Each side has its own unique custom upgrades. This duplex build is the builders crown Jewel. LOTS AND LOTS OF SHIP LAP, WAINSCOTTING, and TONGUE AND GROOVE PINE CEILINGS. FANTASTIC RENTAL PROJECTS $202,392-$237-152. Both Kitchens come fully equipped with all appliances. Luxury Vinyl plank flooring through out. Quartz counters and upgraded custom cabinetry. Unique fixtures and mirrors throughout. lots of upgrades throughout. 2 Master suites, 1 upstairs and 1 down stairs. The unique floor plan gives plenty of privacy and space between all the upstairs bedrooms. Nice big owners storage closet out by the pool. Enjoy BBQ's under the cover lanai by the pool. Outdoor shower to rinse the sand of your feet before you step in the front door. 2x6 exterior construction, Metal Roof and Impact Windows give you added peace of mind for coastal living. Check out this fine home from Elite Coastal Construction today. They are offering a 2/10 Builder Warranty at no charge to the buyer. More and More discerning buyers are locating to the East end of PCB. Less traffic and less congestion on the beaches. but lots of great Restaurants and amenities. You are only approx 25 minutes to Pier Park. *All measurements are approx measure if important. MODEL HOME LOCATED AT 601 EVERGREEN A&B AVAILABLE FOR SHOWING. MLS 744415

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 2023
  • Living Area: 4,100 SqFt

Listing Office:

  • Office Name: Panhandle Real Estate

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 8

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: West on Thomas Dr. Right on Biltmore Dr. Left of Sunset

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $390/SqFt
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Housing Market Comparison

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

Med. Sold Price

$348.8K

Med. Price/SqFt

$204

Avg. Days On Market

58

# of Sold Homes

236

5520 Sunset Ave Unit A & B vs Panama City

92 DAYS ON ROCKET

+34 Days

$1,600,000

+$1.2M More

$390/SqFt

+$185 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $185/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: #752276

Listing Office:

  • Office Name: Panhandle Real Estate

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: 6/2/2024, 12:55:35 AM 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

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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-6900943
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.68 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6900944
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 7.18 miles

  • Public District Grades 6-8

High School

school-card-donut-6900945
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.25 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. Residents of Panama City, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Florida›Bay County›Panama City›32408›5520 Sunset Ave Unit A & B

This home is located at 5520 Sunset Ave Unit A & B in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 4,100 square foot home was built in 2023. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $1,600,000.

Panama City, FL housing market in May 2024 saw over 26 listings sold above listed price, more than 72 sold at listed price and over 138 sold below. The inventory of homes for sale in Panama City, FL between April 2024 and May 2024 increased by 6.3%. In May 2024 median list price was $348,800 and the average listing age was 58 days.

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

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