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For sale
  • Price cut: $3K (6/23)
    $229,000

    5500 Beach Dr APT 6, Panama City Beach, FL 32408

    2beds
    696sqft
    : 
    $1,600/mo
    Get pre-qualified
    Single Family Residence
    Built in 1981
    -- sqft lot
    $222,300 Zestimate®
    $329/sqft
    $130/mo HOA

    What's special

    Freshly updatedCommunity poolOutside storage areaQuiet beachside community
    If hearing the waves crash into the shore is what you want to hear when you open your windows.. THIS is the place you want to buy! This 2 bedroom 1 bath condo is freshly updated and ready for a new owner. Windows, HVAC and roof replaced 2019, water heater replaced 2023. HOA covers community pool, basic cable, garbage water/sewer and lawn service in this quiet beachside community. Location is ~900ft to the nearest beach entrance and complex is 1 block north of Thomas Drive. Close to Navy Base and many nearby restaurants and shopping centers. Washer and Dryer is included. Unit comes with an outside storage area and a small back yard that can be fenced with HOA permission. Call today and be living here in Summer 2026!!
    163 days
    |
    541
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Felix 850-348-1673,

    Full Sail Realty of NWFL

    Source: CPAR,MLS#: 786606MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bedroom
      Bedroom
      • Level: First
      • Dimensions: 11 x 9
      Bedroom
      • Level: First
      • Dimensions: 9 x 8.5
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Cooktop
      Interior area
      • Total structure area: 696
      • Total interior livable area: 696 sqft

      Property

      Features
      • Pool features: Community
      Details
      • Parcel number: 31733006000
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Block
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Features: Community Pool
      • Subdivision: Biltmore Beach
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Cable TV, Insurance, Pool(s), Sewer, Trash, Water
      • HOA fee: $130 monthly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $329/sqft
      • Tax assessed value: $192,122
      • Annual tax amount: $1,984
      • Date on market: 5/4/2026
      • Cumulative days on market: 116 days
      • Electric utility on property: Yes

        Estimated market value

        $222,300

        $211,000 - $233,000

        $1,505/mo

        Price history

        DateEventPrice
        6/23/2026Price change$229,000-1.3%$329/sqft
        Source: CPAR #786606 Report a problem
        5/26/2026Price change$232,000-0.4%$333/sqft
        Source: CPAR #786606 Report a problem
        5/13/2026Price change$233,000-0.4%$335/sqft
        Source: CPAR #786606 Report a problem
        5/4/2026Price change$234,000-0.4%$336/sqft
        Source: CPAR #786606 Report a problem
        5/1/2026Pending sale$235,000$338/sqft
        Source: CPAR #786606 Report a problem
        4/14/2026Price change$235,000-1.3%$338/sqft
        Source: CPAR #786606 Report a problem
        3/24/2026Price change$238,000-0.4%$342/sqft
        Source: CPAR #786606 Report a problem
        3/10/2026Listed for sale$239,000+4%$343/sqft
        Source: CPAR #786606 Report a problem
        3/12/2025Listing removed$1,300$2/sqft
        Source: CPAR #765418 Report a problem
        2/12/2025Price change$1,300-13.3%$2/sqft
        Source: Zillow Rentals Report a problem
        1/15/2025Price change$1,500-6.3%$2/sqft
        Source: Zillow Rentals Report a problem
        11/23/2024Listed for rent$1,600-11.1%$2/sqft
        Source: Zillow Rentals Report a problem
        12/18/2023Sold$229,900$330/sqft
        Source: CPAR #748986 Report a problem
        12/1/2023Contingent$229,900$330/sqft
        Source: CPAR #748986 Report a problem
        11/24/2023Listing removed--
        Source: CPAR #748987 Report a problem
        11/13/2023Price change$1,800-2.7%$3/sqft
        Source: CPAR #748987 Report a problem
        11/13/2023Price change$229,900-2.1%$330/sqft
        Source: CPAR #748986 Report a problem
        11/8/2023Listed for rent$1,850+5.7%$3/sqft
        Source: CPAR #748987 Report a problem
        11/25/2022Listing removed--
        Source: CPAR #732258 Report a problem
        11/6/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        11/6/2022Price change$234,9000%$338/sqft
        Source: CPAR #732258 Report a problem
        11/1/2022Price change$1,750$3/sqft
        Source: Zillow Rental Network_1 #730578 Report a problem
        11/1/2022Price change$234,9900%$338/sqft
        Source: CPAR #732258 Report a problem
        10/28/2022Listed for sale$235,000+28.4%$338/sqft
        Source: CPAR #732258 Report a problem
        11/22/2021Sold$183,000$263/sqft
        Source: CPAR #717782 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,919 -13.6%$192,122 +17.8%
        2023$2,223 +26.6%$163,140 +10%
        2022$1,755 $148,309
        2021-- --
        2020$897 +76.5%$70,470 +85.3%
        2019$508 $38,025 -42.6%
        2018$508 $66,227 +10%
        2017-- $60,206 +8.5%
        2016-- $55,506 +10%
        2015-- $50,460 +5.7%
        2014-- $47,756 +2.4%
        2013-- $46,622 -2.2%
        2012-- $47,691 -5.3%
        2011-- $50,362 -4.9%
        2010-- $52,930 -12.6%
        2009-- $60,531 +9.5%
        2008-- $55,294 -19.9%
        2007-- $69,056 +1.2%
        2006-- $68,262 +35.4%
        2005-- $50,416 +28%
        2004-- $39,401
        2003-- $39,401 +8.1%
        2002-- $36,454
        2001-- $36,454 +3.3%
        2000-- $35,298
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        51 / 100
        Somewhat Walkable
        47 / 100
        Somewhat Bikeable

        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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