Great opportunity on the quiet West End of Panama City Beach - just 3 blocks from the beach and perfectly positioned for a strong short-term rental or personal getaway.
This beach house offers a projected annual gross rental income of $54,000-$78,000 and has been thoughtfully expanded with an additional 700 square feet by converting the adjacent garage into a fully functional living space. The new addition includes 1 Bedroom, a Full Bathroom, a Bunk room, and a Full Living room, creating a separate guest suite that adds flexibility and increased rental potential.
The main home features 2 Bedrooms and 2 Full Bathrooms, providing comfortable coastal living in a peaceful area while still being close to the beach and everything PCB has to offer.
If you're looking for a turnkey investment or beach retreat with great income potential, this property is worth a look. Reach out today to schedule a showing.
Pending
$640,000
21401 Hilltop Ave, Panama City Beach, FL 32413
3beds
1,835sqft
Single Family Residence
Built in 1991
5,662 Square Feet Lot
$607,400 Zestimate®
$349/sqft
$-- HOA
What's special
- 176 days
- 349
- 20
Zillow last checked:
Listing updated:
Listed by:
The Warren Group 850-235-6178,
Christies International Real Estate Emerald Coast
Source: CPAR,MLS#: 786385
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom, Bonus Room
Bedroom
- Level: First
- Dimensions: 14 x 14
Bedroom
- Level: First
- Dimensions: 14 x 14
Bedroom
- Level: First
- Dimensions: 12 x 12
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Electric Range, Electric Water Heater
Features
- Main Level Primary, Shower Only
Interior area
- Total structure area: 1,835
- Total interior livable area: 1,835 sqft
Property
Parking
- Total spaces: 1
- Parking features: Paved
- Garage spaces: 1
Features
- Patio & porch: Covered, Patio, Porch
- Fencing: Full,Fenced
Lot
- Size: 5,662 Square Feet
- Dimensions: 50 x 110
Details
- Additional structures: Guest House
- Parcel number: 35530000000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Composition,Metal,Shingle
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Riviera Beach
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $349/sqft
- Tax assessed value: $305,621
- Annual tax amount: $4,909
- Date on market: 3/6/2026
- Cumulative days on market: 176 days
- Electric utility on property: Yes
Estimated market value
$607,400
$577,000 - $638,000
$3,386/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Pending sale | $640,000$349/sqft |
Source: | ||
| 3/6/2026 | Listed for sale | $640,000+37.6%$349/sqft |
Source: | ||
| 7/25/2024 | Sold | $465,000-6.8%$253/sqft |
Source: | ||
| 6/25/2024 | Pending sale | $499,000$272/sqft |
Source: | ||
| 6/25/2024 | Contingent | $499,000$272/sqft |
Source: | ||
| 6/8/2024 | Price change | $499,000-5.8%$272/sqft |
Source: | ||
| 5/7/2024 | Price change | $530,000-3.5%$289/sqft |
Source: | ||
| 4/8/2024 | Price change | $549,000-2%$299/sqft |
Source: | ||
| 3/28/2024 | Price change | $560,000-2.6%$305/sqft |
Source: | ||
| 3/21/2024 | Price change | $575,000-1.7%$313/sqft |
Source: | ||
| 2/23/2024 | Listed for sale | $585,000$319/sqft |
Source: | ||
| 2/22/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/22/2024 | Price change | $585,000-2.5%$319/sqft |
Source: Owner Report a problem | ||
| 12/9/2023 | Listed for sale | $599,900-4.6%$327/sqft |
Source: Owner Report a problem | ||
| 12/1/2023 | Listing removed | -- |
Source: | ||
| 10/9/2023 | Price change | $629,000-1.6%$343/sqft |
Source: | ||
| 9/11/2023 | Price change | $639,000-1.5%$348/sqft |
Source: | ||
| 8/21/2023 | Price change | $649,000+4.7%$354/sqft |
Source: | ||
| 8/8/2023 | Listed for sale | $620,000+570.3%$338/sqft |
Source: Owner Report a problem | ||
| 5/1/2001 | Sold | $92,500$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,999 +14.2% | $191,469 +12.8% |
| 2023 | $2,627 +22% | $169,671 +10% |
| 2022 | $2,153 | $154,246 |
| 2021 | -- | -- |
| 2020 | $1,685 +13.9% | $127,476 +10% |
| 2019 | $1,479 | $115,887 +10% |
| 2018 | $1,479 +8.8% | $105,352 +4.6% |
| 2017 | $1,359 +3.8% | $100,740 -0.2% |
| 2016 | $1,310 -3.4% | $100,893 +1.2% |
| 2015 | $1,356 | $99,717 +0.6% |
| 2014 | $1,356 | $99,088 -0.8% |
| 2013 | -- | $99,878 -9.2% |
| 2012 | -- | $110,004 -3.7% |
| 2011 | -- | $114,237 -3.4% |
| 2010 | -- | $118,199 -5% |
| 2009 | -- | $124,471 -21.2% |
| 2008 | -- | $157,858 -11.6% |
| 2007 | -- | $178,563 -14.3% |
| 2006 | -- | $208,362 +90% |
| 2005 | -- | $109,676 +23.5% |
| 2004 | -- | $88,836 +20.1% |
| 2003 | -- | $73,966 +8% |
| 2002 | -- | $68,492 |
| 2001 | -- | $68,492 +0.4% |
| 2000 | -- | $68,230 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32413
Nearby schools
Schools provided by the listing agent
- Elementary: West Bay
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






