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Off market
  • $947,900

    16908 Innocente Ave, Panama City Beach, FL 32413

    6beds
    3,500sqft
    MultiFamily
    Built in 1967
    -- sqft lot
    $947,900 Zestimate®
    $271/sqft
    $2,332 Estimated rent

    Home value

    $947,900

    $901,000 - $995,000

    $2,332/mo

    Zestimate® history
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    $6,118/mo

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    What's special

    High Income Producing Property with a Gross Annual Income of $183,000. 6 Years P & L Statements. A Multi Unit House, located in the highly desirable Tourist District of Panama City Beach. If you are looking for an amazing investment opportunity, this highly profitable real estate is a rare find. Consistently outperforming each year, regardless of economic factors! This home is highly ranked on the Vacation Rental Sites of Expedia, VRBO, Trip Advisor, ReserveFlorida & SunnyStay. Achieving the Highest Ranking in reviews by guests, this property has earned the Premier Partner status, awarded the Diamond Emblem on VRBO! Proudly hosting hundreds of vacations for families & guests for over a decade. The Big Beach House and the Executive Cottage: Combined: 3500 Sq. Ft, 6 Bedrooms, 5 Bathrooms, Private Swimming Pool, Outdoor Spa, Game Rm, Jetted Tubs, Garage and all on one level. The Big Beach House: 5 Bedrooms + 4 Bathrooms, Game Room, Huge 16'x32' x 8' Deep Private Swimming Pool in a fenced backyard with a NEW Outdoor Spa / Jacuzzi / Hot Tub. Master Suite with an Oversized Jetted Bath Tub, 3000 Sq Ft Home, Our Largest and most Popular Home. This home books months in advance! Accommodates up to 26 guests. Large Private game room. Walking distance to the Beach, Pier Park and the Frank Brown Sports Complex. Plenty of parking in the large driveway and the two car garage. The Executive Cottage is a great place for 2-5 guests. Exclusive, Private and with all the amenities guests desire, including an oversized jetted Jacuzzi Bath Tub, quaint fenced area with BBQ and a Swing. Parking right in front, just steps to the front door. Options of opening the back gate to the pool, if guests rent both units. Location, Location, Location! This property location has it all. The Beach, Walking Distance, 2 blocks. Pier Park, Walking Distance 15-20 min., less than a mile Frank Brown Sports Complex, 15-20 min, less than a mile Grocery Stores, Restaurants & More, just 2 blocks away. Northwest Florida International Airport, ECP, 15 minutes, 12 miles This property is built to last. At the core of this home, the primary structure is a concrete block construction, the swimming pool is concrete, topped with gunite then coated with a smooth epoxy finish. The properties sales figures are just as solid as the Confirmed Future Reservations. An effortless investment next to the Gulf Coast at Panama City Beach, Florida. Panama City Beach is rated the World’s Most Beautiful Beaches, Ranked as one of the Most Popular Beaches in the United States and most recently the Best Place to Buy a Vacation Rental Property! Invest Soon! Zillow predicts the home values in this zip code, will increase 9.5% in the next year. Where will you be? We hope to see you at the beach.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,500 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Park
    Lot
    • Size: 9,600 Square Feet
    Details
    • Parcel number: 33446000000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Concrete Block
    • Roof: Asphalt
    Condition
    • Year built: 1967

    Community & HOA

    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $579,307
    • Annual tax amount: $7,089

    Price history

    DateEventPrice
    6/5/2026Listing removed$1,025,000$293/sqft
    Source: eXp Realty #784720 Report a problem
    2/19/2026Price change$1,025,000-2.4%$293/sqft
    Source: CPAR #784720 Report a problem
    2/5/2026Listed for sale$1,050,000+20.3%$300/sqft
    Source: CPAR #784720 Report a problem
    5/19/2021Sold$872,500+2.6%$249/sqft
    Source: CPAR #708487 Report a problem
    2/27/2021Listed for sale$850,000+13.5%$243/sqft
    Source: Owner Report a problem
    2/13/2021Listing removed--
    Source: Owner Report a problem
    8/4/2020Listing removed$3,795$1/sqft
    Source: Owner Report a problem
    7/28/2020Listed for rent$3,795-5%$1/sqft
    Source: Owner Report a problem
    7/26/2020Listing removed$749,000$214/sqft
    Source: Engel & Volkers 30A Beaches #697074 Report a problem
    6/24/2020Price change$749,000-5.8%$214/sqft
    Source: Engel & Volkers 30A #697074 Report a problem
    5/31/2020Price change$795,000-3.6%$227/sqft
    Source: Engel & Volkers 30A #697074 Report a problem
    5/4/2020Listed for sale$825,000+3.8%$236/sqft
    Source: Engel & Volkers 30A #697074 Report a problem
    12/13/2019Listing removed$795,000$227/sqft
    Source: The Premier Property Group - Seacrest Beach office #687982 Report a problem
    10/29/2019Price change$795,000-3.6%$227/sqft
    Source: The Premier Property Group - Seacrest Beach office #687982 Report a problem
    9/3/2019Price change$825,000+18.2%$236/sqft
    Source: The Premier Property Group - Seacrest Beach office #687982 Report a problem
    9/3/2019Listing removed$3,995$1/sqft
    Source: Owner Report a problem
    8/24/2019Price change$3,995-16.7%$1/sqft
    Source: Owner Report a problem
    8/5/2019Price change$4,798-3.9%$1/sqft
    Source: Owner Report a problem
    7/24/2019Listed for rent$4,995$1/sqft
    Source: Owner Report a problem
    9/21/2018Listed for sale$698,000$199/sqft
    Source: ResortQuest Real Estate Seacrest Beach #807788 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,089 +1.9%$579,307 +3.3%
    2023$6,956 +18.1%$560,788 +10%
    2022$5,891 $509,807
    2021-- --
    2020$2,486 +17.8%$171,403 +10%
    2019$2,111 $155,821 +10%
    2018$2,111 +7.1%$141,655 +10%
    2017$1,970 +23.9%$128,777 +0.4%
    2016$1,590 -0.8%$128,307 +0.3%
    2015$1,602 $127,915 -0.7%
    2014$1,602 $128,855 -0.8%
    2013-- $129,914 -27.6%
    2012-- $179,388 -1.3%
    2011-- $181,692 -5%
    2010-- $191,344 -6%
    2009-- $203,535 -11.9%
    2008-- $230,934 -5.2%
    2007-- $243,643 -16.4%
    2006-- $291,353 +65.3%
    2005-- $176,211 +50.9%
    2004-- $116,751 -13.1%
    2003-- $134,292 +20%
    2002-- $111,889 +3.7%
    2001-- $107,942 +0.6%
    2000-- $107,248
    Find assessor info on the county website

    Neighborhood: 32413

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hutchison Beach
    • Middle: Surfside
    • High: Arnold

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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