Attention investors! Income-producing triplex just a short walk to the beach in PCB (4 min walk to Schooners). Perfect for short-term rentals, vacation stays, or long-term tenants. Properties this close to the sand rarely hit the market--strong rental potential and multiple income streams! A - 1 bed + loft, 2 baths. B - 2 bed, 2 bath. C - 2 bed, 2 bath.
For sale
Price cut: $45K (8/3)
$750,000
5218 Beach Dr, Panama City Beach, FL 32408
5beds
2,919sqft
Triplex, Multi Family
Built in 1992
-- sqft lot
$-- Zestimate®
$257/sqft
$-- HOA
What's special
- 169 days
- 251
- 28
Zillow last checked:
Listing updated:
Listed by:
Viola Zhuravel 850-960-2455,
Fun Quest Vacation Rentals Corp
Source: CPAR,MLS#: 786715
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
Rooms
- Room types: Bedroom
Bedroom
- Dimensions: 10 x 12
Bedroom
- Dimensions: 10 x 12
Bedroom
- Dimensions: 8 x 10
Bedroom
- Dimensions: 8 x 10
Bedroom
- Dimensions: 8 x 10
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Electric Range, Electric Water Heater
Interior area
- Total structure area: 2,919
- Total interior livable area: 2,919 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
Lot
- Size: 0.27 Acres
- Dimensions: 104 x 60
Details
- Parcel number: 31748000000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Stucco, Vinyl Siding
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Biltmore Beach
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $257/sqft
- Tax assessed value: $369,864
- Annual tax amount: $4,560
- Date on market: 3/12/2026
- Cumulative days on market: 170 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,234/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $750,000-5.7%$257/sqft |
Source:  CPAR #786715 Report a problem | ||
| 4/2/2026 | Price change | $795,000-5.9%$272/sqft |
Source: CPAR #786715 Report a problem | ||
| 3/12/2026 | Listed for sale | $845,000+463.3%$289/sqft |
Source: CPAR #786715 Report a problem | ||
| 5/4/2015 | Sold | $150,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,230 +4.8% | $307,509 +10% |
| 2023 | $4,035 +32.4% | $279,554 +10% |
| 2022 | $3,048 | $254,140 |
| 2021 | -- | -- |
| 2020 | $2,595 +16.6% | $210,033 +22.9% |
| 2019 | $2,226 | $170,956 -8.1% |
| 2018 | $2,226 -9.1% | $186,080 +7.6% |
| 2017 | $2,449 +6.5% | $172,882 +1.2% |
| 2016 | $2,299 -3.8% | $170,905 -0.6% |
| 2015 | $2,388 | $171,879 -11.6% |
| 2014 | $2,388 | $194,497 -2.6% |
| 2013 | -- | $199,725 -2.2% |
| 2012 | -- | $204,249 -0.4% |
| 2011 | -- | $205,127 -4% |
| 2010 | -- | $213,744 -6.7% |
| 2009 | -- | $228,973 +2.6% |
| 2008 | -- | $223,063 -16.9% |
| 2007 | -- | $268,395 -20.4% |
| 2006 | -- | $337,087 +71.3% |
| 2005 | -- | $196,803 +54.8% |
| 2004 | -- | $127,119 |
| 2003 | -- | $127,119 +9.5% |
| 2002 | -- | $116,042 |
| 2001 | -- | $116,042 +11.2% |
| 2000 | -- | $104,335 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower Grand Lagoon
Nearby schools
Schools provided by the listing agent
- Elementary: Patronis
- 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.
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