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5116 Beach Drive Panama City Beach, FL 32408
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Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,548 sqft
Price per Sqft $204
Subdivision No Recorded Subdivision
MLS Listing ID 940864
Sold Date 04/11/24
Bedrooms 4
Full Baths 4
Construction Status Construction Complete
HOA Y/N No
Year Built 1981
Property Description
Welcome to 5116 Beach Drive, a fantastic investment opportunity in the heart of Panama City Beach, FL! This charming two-story 4/4 duplex is perfect for savvy investors looking to maximize rental income or enjoy a flexible living arrangement. Investment Potential: ***Golf Cart will convey with purchase! This versatile property allows you to live in one side while renting out the other, creating an ideal income-generating scenario. Alternatively, capitalize on exceptional rental income by leasing both units. Each unit is a 2/2, and both have large sunrooms for additional sleeping arrangements. The potential is limitless, offering a smart investment strategy for those seeking to make the most of their real estate portfolio. Location:
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Multi-Family
Exterior
Pool None
Utilities Available Electric, Public Water, Septic Tank
Private Pool No
Building
Story 2.0
Construction Status Construction Complete
Schools
Elementary Schools Patronis
Others
Energy Description AC - Central Elect
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Bought with EXP Realty LLC
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