Sold for $725,000

$725,000

5113 Beach Dr #B, Panama City Beach, FL 32407

3beds

2,508sqft

Single Family Residence

Built in 2020

4,500 Square Feet Lot

$-- Zestimate^®

$289/sqft

$3,214 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,214/mo

Zestimate^® history

Owner options

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$3,214/mo

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$4,700/mo

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$4,700/mo

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What's special

Located in the desirable Treasure Island area of Panama City Beach, this newer 3BR/3.5BA coastal home offers spacious living just one block from the Gulf. Built in 2020, the property features an open layout with 10' ceilings on the main level, 9' ceilings upstairs, and a vaulted third-floor loft leading to an oversized balcony with Gulf views. The kitchen includes soft-close cabinetry, granite counters, a large island, and stainless-steel KitchenAid appliances. Each bedroom has its own bath, including a beautifully finished master suite with a double walk-in shower. Additional highlights include LVP flooring, crown molding, spray-foam insulation, paver driveway, and low-maintenance Hardie exterior. With over 2,500 sq ft of interior space and multiple outdoor living areas, this home is ideal as a primary residence, second home, or investment property on the east end of the beach.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Rooms

Room types: Bedroom, Dining Room, Family Room, Loft, Primary Bathroom, Primary Bedroom

Primary bedroom

Level: Second
Dimensions: 15 x 13.5

Bedroom

Level: First
Dimensions: 12 x 11

Bedroom

Level: Second
Dimensions: 13 x 12

Primary bathroom

Level: Second
Dimensions: 14.5 x 9.5

Dining room

Level: First
Dimensions: 19 x 12.5

Family room

Level: First
Dimensions: 18 x 14.5

Loft

Level: Third
Dimensions: 23 x 18

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Water Heater

Features

Loft
Windows: Storm Window(s)

Interior area

Total structure area: 2,508
Total interior livable area: 2,508 sqft

Property

Features

Patio & porch: Balcony, Deck
Exterior features: Deck
Fencing: Partial
Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf

Lot

Size: 4,500 Square Feet
Dimensions: 45 x 100 x 45 x 100
Features: Sprinkler System

Details

Parcel number: 31602000000
Special conditions: Listed As-Is

Construction

Type & style

Home type: SingleFamily
Architectural style: Craftsman
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

HardiPlank Type, Vinyl Siding
Foundation: Slab
Roof: Other,Shingle

Condition

New construction: No
Year built: 2020

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Cable Connected, Electricity Available

Community & HOA

Community

Features: Short Term Rental Allowed
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Treasure Island

HOA

Has HOA: No

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $289/sqft
Tax assessed value: $550,234
Annual tax amount: $7,017
Date on market: 2/18/2026
Electric utility on property: Yes

Price history

Date	Event	Price
3/10/2026	Sold	$725,000$289/sqft
Source: CPAR #785444 Report a problem
2/18/2026	Pending sale	$725,000+49.5%$289/sqft
Source: CPAR #785444 Report a problem
11/6/2020	Sold	$485,000+385%$193/sqft
Source: CPAR #694704 Report a problem
3/1/2018	Sold	$100,000-77.8%$40/sqft
Source: Public Record Report a problem
3/6/2008	Sold	$450,000+96.5%$179/sqft
Source: Public Record Report a problem
3/15/2005	Sold	$229,000$91/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,802 +1.9%	$550,234 +5.4%
2023	$6,672 +20.6%	$522,152 +10%
2022	$5,530	$474,684
2021	--	--
2020	$1,237 +16.6%	$94,775 +10%
2019	$1,062	$86,159 +23.9%
2018	$1,062 +22%	$69,534 +10%
2017	$870 +9.2%	$63,227 +3.9%
2016	$797 +0.3%	$60,852 +1.1%
2015	$794	$60,197
2014	$794	$60,197 -36.3%
2005	--	$94,485 +152.4%
2004	--	$37,439 +1.9%
2003	--	$36,741 +2.4%
2002	--	$35,880 +1.6%
2001	--	$35,315 +1.9%
2000	--	$34,661