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Sold for $579,900
  • $579,900

    5406 Hilltop Ave, Panama City Beach, FL 32408

    3beds
    2,012sqft
    Single Family Residence
    Built in 1982
    6,098 Square Feet Lot
    $599,900 Zestimate®
    $288/sqft
    $2,999 Estimated rent

    Home value

    $599,900

    $558,000 - $648,000

    $2,999/mo

    Zestimate® history
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    What's special

    Dolphin boat launchRenovated spacious beach homeCovered rear porchLarge family retreatPanama city beachSouth lagoonGrand lagoon
    - CURRENTLY UNDER CONTRACT SELLER ACCEPTING BACK UP OFFERS - 360 Tour Available! Recently renovated spacious beach home just a few blocks away from the beach and Dolphin Boat launch into Grand Lagoon! This 3-bedroom, 3-bathroom home has great potential as a vacation rental or a large family retreat. Exterior features a covered rear porch, and charming side porches off the dining/living room area, perfect for expanding entertaining space or enjoying a peaceful retreat. The backyard features mature trees for shade, a newer dimensional shingle roof (2021), and a privacy fenced yard. Located in a HOA-free, flood insurance-free, and golf cart-friendly neighborhood in South Lagoon, this property is a rare find! Owners have used this home exclusively as a short term vacation property, averaging $80,000 per year in gross bookings, while also being able to come visit and stay for free in Panama City Beach for a couple weeks out of the year. This home is being offered for sale fully furnished with all decor, utensils, linens, etc included. This could be an amazing opportunity for you to have a turn-key rental property and owners will transfer over any existing stays currently on the books to new Buyer if requested! Don't miss out on this amazing opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kerry J Jackson 850-960-8646,

    LPT Realty LLC

    Bought with:

    Vera O Henson, 3529010

    Beach Haven Realty

    Source: CPAR,MLS#: 754410MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Primary Bedroom
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Multi Units
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Breakfast Bar, Split Bedrooms
    • Flooring: Hardwood, Luxury Vinyl Plank
    Interior area
    • Total structure area: 2,012
    • Total interior livable area: 2,012 sqft

    Property

    Parking
    • Parking features: Driveway, Oversized
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Covered, Patio
    • Exterior features: Balcony, Patio
    • Fencing: Fenced
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 50 x 120
    • Features: Level, Paved
    Details
    • Parcel number: 31830000000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    Condition
    • Year built: 1982

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Cable Connected, Electricity Available, Septic Available, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Biltmore Beach
    HOA
    • Has HOA: No
    • Amenities included: Other, See Remarks, Beach Access, Boat Ramp
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $288/sqft
    • Tax assessed value: $403,605
    • Annual tax amount: $4,809
    • Date on market: 3/18/2024
    • Cumulative days on market: 2 days
    • Listing terms: Cash,FHA,VA Loan
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/3/2024Sold$579,900$288/sqft
    Source: CPAR #754410 Report a problem
    3/22/2024Pending sale$579,900$288/sqft
    Source: ECAOR #945054 Report a problem
    3/22/2024Contingent$579,900$288/sqft
    Source: CPAR #754410 Report a problem
    3/18/2024Listed for sale$579,900+46.8%$288/sqft
    Source: CPAR #754410 Report a problem
    5/10/2021Sold$395,000$196/sqft
    Source: CPAR #709423 Report a problem
    3/25/2021Contingent$395,000$196/sqft
    Source: CPAR #709423 Report a problem
    3/23/2021Listed for sale$395,000+11.3%$196/sqft
    Source: CPAR #709423 Report a problem
    12/2/2020Sold$355,000+18.3%$176/sqft
    Source: Public Record Report a problem
    9/21/2020Listed for sale$300,000$149/sqft
    Source: Coldwell Banker Carroll Realty #702177 Report a problem
    6/30/2020Sold$300,000-10.2%$149/sqft
    Source: Public Record Report a problem
    6/9/2020Listed for sale$334,000$166/sqft
    Source: Coldwell Banker Realty #698228 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,997 +3.9%$403,130 +10%
    2023$4,809 +23.5%$366,482 +10%
    2022$3,894 $333,165
    2021-- --
    2020$2,421 +7.6%$182,115 +5.4%
    2019$2,249 $172,708 +10%
    2018$2,249 +6.7%$157,007 +10%
    2017$2,107 +14.6%$142,734 +0.1%
    2016$1,839 -4.3%$142,533 +0%
    2015$1,921 $142,528 -0.4%
    2014$1,921 $143,030 -0.9%
    2013-- $144,292 -1.7%
    2012-- $146,742 -10.5%
    2011-- $163,965 -5.5%
    2010-- $173,425 -20.4%
    2009-- $217,930 +126%
    2008-- $96,423 +3%
    2007-- $93,615 +2.5%
    2006-- $91,332 +3%
    2005-- $88,672 +3%
    2004-- $86,089 +82.2%
    2003-- $47,261 +2.4%
    2002-- $46,153 +9.6%
    2001-- $42,116 -7.2%
    2000-- $45,397
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    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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    $599,900
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    $611,898