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Sold for $265,000
  • $265,000

    5408 Hilltop Ave, Panama City Beach, FL 32408

    3beds
    1,100sqft
    Single Family Residence
    Built in 1969
    6,098 Square Feet Lot
    $-- Zestimate®
    $241/sqft
    $1,858 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,858/mo

    Zestimate® history
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    What's special

    Modern coastal flip potential with major big-ticket items already addressed -- including architectural concept drawings. This deep 120' lot offers room for a pool and endless possibilities for redesign and expansion. Property has been 90% stripped to the studs and is ready for transformation, allowing the next owner to customize the layout and finishes from the ground up for maximum space efficiency and value. New septic installed May 2026, HVAC replaced in 2022, and roof replaced in 2018/2019 following Hurricane Michael. Previously appraised at $270,000 in December 2025, prior to interior demo and redesign phase. Seller intended to complete renovation, but personal circumstances have shifted plans, creating an excellent opportunity for an investor, flipper, or developer to step in and capitalize. NOT located in a flood zone, buyer to verify. Seller open to financing w/30% down. Sold AS-IS.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Hachey 813-213-4477,

    Lowest Fee Realty LLC

    Bought with:

    Justin Cater LLC

    EXP Realty LLC

    Source: CPAR,MLS#: 789639MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 1 x 1
    Kitchen
    • Level: First
    • Dimensions: 1 x 1
    Living room
    • Level: First
    • Dimensions: 1 x 1
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Main Level Primary
    Interior area
    • Total structure area: 1,100
    • Total interior livable area: 1,100 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Fencing: Full,Fenced
    Lot
    • Size: 6,098 Square Feet
    • Features: Paved
    Details
    • Parcel number: 31831000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1969

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: [No Recorded Subdiv]
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $241/sqft
    • Tax assessed value: $219,906
    • Annual tax amount: $489
    • Date on market: 5/8/2026
    • Cumulative days on market: 35 days

    Price history

    DateEventPrice
    6/24/2026Sold$265,000-5%$241/sqft
    Source: CPAR #789639 Report a problem
    6/12/2026Pending sale$279,000$254/sqft
    Source: CPAR #789639 Report a problem
    5/8/2026Listed for sale$279,000+39.5%$254/sqft
    Source: CPAR #789639 Report a problem
    2/20/2026Sold$200,000-39.7%$182/sqft
    Source: Public Record Report a problem
    10/15/2024Listing removed$331,900-5.1%$302/sqft
    Source: CPAR #763055 Report a problem
    9/24/2024Listed for sale$349,900+11.1%$318/sqft
    Source: CPAR #763055 Report a problem
    8/1/2024Listing removed--
    Source: CPAR #759383 Report a problem
    7/1/2024Listed for sale$314,900+31.3%$286/sqft
    Source: CPAR #759383 Report a problem
    4/2/2021Listing removed--
    Source: CPAR #692300 Report a problem
    3/30/2021Price change$239,900-10.4%$218/sqft
    Source: CPAR #692300 Report a problem
    12/26/2020Price change$267,700+8.1%$243/sqft
    Source: CPAR #692300 Report a problem
    6/30/2020Price change$247,700-2.8%$225/sqft
    Source: Coldwell Banker Realty #692300 Report a problem
    3/14/2020Price change$254,900-3.8%$232/sqft
    Source: Coldwell Banker Realty - Panama City Beach - Thomas Dr. #692300 Report a problem
    1/1/2020Listed for sale$264,900+111.9%$241/sqft
    Source: Coldwell Banker Residential Real Estate #692300 Report a problem
    11/2/2011Listing removed$125,000$114/sqft
    Source: Vflyer Homes #411081 Report a problem
    10/17/2010Listed for sale$125,000$114/sqft
    Source: Visual Tour #411081 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$471 +0.2%$111,764 +3%
    2023$470 -4.1%$108,509 +2.7%
    2022$490 $105,619
    2021-- --
    2020$480 +3%$101,127 +2.3%
    2019$466 $98,853 +1.9%
    2018$466 -0.3%$97,010 +2.1%
    2017$468 +0.9%$95,015 +0.3%
    2016$464 -5.8%$94,777 +0.1%
    2015$493 $94,637 -0.4%
    2014$493 $95,036 -0.5%
    2013-- $95,532 -0.7%
    2012-- $96,159 +3%
    2011-- $93,345 +1.5%
    2010-- $91,966 +2.7%
    2009-- $89,548 +0.1%
    2008-- $89,459 -45.8%
    2007-- $165,019 -22.7%
    2006-- $213,407 +84%
    2005-- $115,953 +80%
    2004-- $64,418 +10.2%
    2003-- $58,482 +24%
    2002-- $47,166 +1.6%
    2001-- $46,423 -6.6%
    2000-- $49,684
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Breakfast Point
    • Middle: Breakfast Point
    • High: Bay

    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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