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Sold for $565,000
  • $565,000

    5228 Beach Dr, Panama City Beach, FL 32408

    4beds
    2,560sqft
    SingleFamily
    Built in 1983
    5,662 Square Feet Lot
    $671,100 Zestimate®
    $221/sqft
    $2,429 Estimated rent

    Home value

    $671,100

    $591,000 - $772,000

    $2,429/mo

    Zestimate® history
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    $3,652/mo

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    What's special

    New hvacShared laundry roomNew hot water heaters
    Income-Producing Quadplex - Steps from the Beach! Incredible opportunity to own a fully renovated multi-family property just steps from the Gulf of Mexico! This 4-unit quadplex is located in prime spot in Panama City Beach and offers both long-term tenants or short-term vacation rentals. Units have been updated and well-maintained, offering turnkey readiness for investors or owner-occupants looking to house hack. Property Highlights: - 4 individual 1BR/1BA units - shared laundry room in back of building - 3 units have new HVAC - All units have new hot water heaters -Just a short walk to the beach -Income-producing with strong rental history potential -Ideal for Airbnb, long-term rental, or seasonal use -Parking available for all units -Close to shops, restaurants, and local attractions Additional Info: - Serious Inquiries Only - Currently occupied by short term guest; showings will be scheduled around existing bookings. - All existing bookings through July will be honored. Contact: Melanie Irwin 850-319-3513 Miranda Logue 850-358-5728

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 2,560 sqft

    Property

    Features
    • Exterior features: Stucco, Wood
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 31750010000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Roof: Shake / Shingle
    Condition
    • Year built: 1983

    Community & HOA

    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $221/sqft
    • Tax assessed value: $487,667
    • Annual tax amount: $6,033

    Price history

    DateEventPrice
    8/26/2025Listing removed--
    Source: Owner Report a problem
    6/26/2025Listed for sale$1,200,000+112.4%$469/sqft
    Source: Owner Report a problem
    11/3/2023Sold$565,000$221/sqft
    Source: Public Record Report a problem
    9/20/2023Pending sale$565,000$221/sqft
    Source: CPAR #746693 Report a problem
    9/16/2023Listed for sale$565,000$221/sqft
    Source: CPAR #746693 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,033 +84.6%$487,667 +126.5%
    2023$3,267 +28.4%$215,303 +10%
    2022$2,544 $195,730
    2021-- --
    2020$2,008 +12.2%$161,760 +22.3%
    2019$1,790 $132,304 -6.4%
    2018$1,790 -7.2%$141,352 +1%
    2017$1,929 +0.3%$139,951 +0.2%
    2016$1,924 -4.5%$139,716 -0.6%
    2015$2,014 $140,511 -0.8%
    2014$2,014 $141,697 -2.5%
    2013-- $145,333 -2.1%
    2012-- $148,518 -12.6%
    2011-- $169,970 -3.8%
    2010-- $176,616 -6.9%
    2009-- $189,665 +8.7%
    2008-- $174,559 -15.5%
    2007-- $206,615 -18.8%
    2006-- $254,420 +94.8%
    2005-- $130,638 +52.6%
    2004-- $85,600
    2003-- $85,600 +5.2%
    2002-- $81,382
    2001-- $81,382 +0.4%
    2000-- $81,078
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $671,100
    2% more
    +$13,422
    With Zillow Showcase(estimated)
    $684,522