5928 Beach Drive Active Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32408
Key Details
Property Type Single Family Home
Sub Type Beach House
Listing Status Active
Purchase Type For Sale
Square Footage 1,963 sqft
Price per Sqft $343
Subdivision Biltmore Beach 1St Addn
MLS Listing ID 951651
Bedrooms 5
Full Baths 3
Construction Status Construction Complete
HOA Y/N No
Year Built 1997
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Income-Generating Gem: Investor's Dream in Panama City Beach! Turnkey High-Earning Vacation Rental - Prime Opportunity!This 5-bedroom, 3-bathroom, single-story home is a proven cash-flow powerhouse! With a 2023 gross rental income of $93,000 and 2024 on track for similar success, this property outperforms projections year after year. Fully turnkey, it conveys all updated furnishings, decor (refreshed in 2023), and smart home features, including digital thermostats and exterior cameras. Whether you're a seasoned investor or a first-time buyer, this property is set up for seamless management and maximum occupancy, comfortably accommodating up to 12 guests.
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Multi-Family
Rooms
Kitchen First
Interior
Interior Features Breakfast Bar,Ceiling Raised,Ceiling Vaulted,Floor Tile,Furnished - All,Lighting Recessed,Newly Painted,Pantry,Renovated,Window Treatment All
Appliance Cooktop,Dishwasher,Dryer,Freezer,Microwave,Oven Double,Refrigerator,Washer
Exterior
Exterior Feature Fenced Back Yard,Fenced Privacy,Fireplace,Patio Open,Porch Screened
Pool None
Utilities Available Electric,Public Water,Septic Tank,TV Cable
Private Pool No
Building
Story 1.0
Structure Type Roof Metal,Siding Vinyl,Trim Vinyl,Trim Wood
Construction Status Construction Complete
Schools
Elementary Schools Patronis
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional,FHA,Other,VA