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Sold for $305,000
  • $305,000

    5516 Beach Dr #A, Panama City Beach, FL 32408

    3beds
    1,288sqft
    Duplex, Multi Family
    Built in 1986
    -- sqft lot
    $302,500 Zestimate®
    $237/sqft
    $1,671 Estimated rent

    Home value

    $302,500

    $278,000 - $330,000

    $1,671/mo

    Zestimate® history
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    What's special

    One-car garageNew metal roofDesirable corner lotNew flooring throughoutAll new appliances
    CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. This 3 bedroom, 2 bathroom side A of the duplex sits on a desirable corner lot just a short walk to Beach Access 9, offering the perfect blend of location and convenience. With nearly 1,300 square feet of living space and a one-car garage, the home is well-suited as a primary residence, vacation getaway, or income-producing short-term rental, which is allowed. Seller is offering a $2500 paint allowance and major updates were completed in 2022, including a new metal roof, all new appliances, new flooring throughout, and replacement of all windows and sliding glass doors, which have been tinted for added efficiency and privacy. The skylight was also replaced and features a shade for light control. A new lift station and shut-off valve provide added peace of mind. Outside, the back and side yards are finished with Bahama crushed coral for a clean, low-maintenance coastal look, and the property is fully privacy fenced all the way around. Whether you're looking for personal use or an investment opportunity near the beach, this property offers solid updates and an unbeatable location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica R Pate 850-527-7192,

    Counts Real Estate Group Inc

    Bought with:

    Jessica R Pate, 3305060

    Counts Real Estate Group Inc

    Source: CPAR,MLS#: 785972MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Breakfast Room/Nook, Bedroom, Full Bath, Garage, Kitchen, Living Room, Patio
    Bedroom
    • Description: 8x5 office nook
    • Level: Second
    • Dimensions: 10.5 x 15
    Bedroom
    • Description: 5x8 small room attached
    • Level: Second
    • Dimensions: 8 x 9
    Bedroom
    • Level: Second
    • Dimensions: 9 x 10
    Breakfast room nook
    • Level: First
    • Dimensions: 8 x 10
    Other
    • Level: First
    • Dimensions: 5 x 8
    Other
    • Level: Second
    • Dimensions: 5 x 7.5
    Garage
    • Level: First
    • Dimensions: 12.5 x 20
    Kitchen
    • Level: First
    • Dimensions: 9 x 11
    Living room
    • Level: First
    • Dimensions: 14 x 15
    Patio
    • Level: First
    • Dimensions: 9.5 x 13.5
    Patio
    • Level: Second
    • Dimensions: 10 x 13
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Oven
    Features
    • Windows: Tinted Windows
    Interior area
    • Total structure area: 1,288
    • Total interior livable area: 1,288 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Deck
    • Exterior features: Covered Patio, Outdoor Shower
    • Fencing: Full,Fenced
    Lot
    • Size: 435 Square Feet
    • Dimensions: 25 x 120
    • Features: Paved
    Details
    • Additional structures: Shed(s)
    • Parcel number: 31888100000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Security: Security Fence
    • Subdivision: Biltmore Beach
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $237/sqft
    • Tax assessed value: $231,209
    • Annual tax amount: $2,653
    • Date on market: 2/27/2026
    • Cumulative days on market: 54 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/1/2026Sold$305,000-10.3%$237/sqft
    Source: CPAR #785972 Report a problem
    4/25/2026Pending sale$339,999$264/sqft
    Source: CPAR #785972 Report a problem
    4/11/2026Price change$339,999-1.4%$264/sqft
    Source: CPAR #785972 Report a problem
    3/30/2026Price change$344,999-1.4%$268/sqft
    Source: CPAR #785972 Report a problem
    2/27/2026Listed for sale$349,999-7.9%$272/sqft
    Source: CPAR #785972 Report a problem
    11/1/2025Listing removed$379,900$295/sqft
    Source: CPAR #775353 Report a problem
    10/21/2025Price change$379,900-5%$295/sqft
    Source: CPAR #775353 Report a problem
    8/19/2025Price change$399,900-2.9%$310/sqft
    Source: CPAR #775353 Report a problem
    8/4/2025Price change$412,000-1.2%$320/sqft
    Source: CPAR #775353 Report a problem
    7/21/2025Price change$417,000-1.9%$324/sqft
    Source: CPAR #775353 Report a problem
    6/24/2025Listed for sale$425,000+0%$330/sqft
    Source: CPAR #775353 Report a problem
    6/17/2025Listing removed$424,900$330/sqft
    Source: CPAR #766204 Report a problem
    5/19/2025Price change$424,900-3.4%$330/sqft
    Source: CPAR #766204 Report a problem
    4/23/2025Price change$439,900-1.1%$342/sqft
    Source: CPAR #766204 Report a problem
    4/5/2025Price change$444,900-0.9%$345/sqft
    Source: CPAR #766204 Report a problem
    3/1/2025Price change$448,900-0.2%$349/sqft
    Source: CPAR #766204 Report a problem
    12/14/2024Listed for sale$449,900+269.4%$349/sqft
    Source: CPAR #766204 Report a problem
    9/26/2014Sold$121,800-2.5%$95/sqft
    Source: CPAR #620072 Report a problem
    8/14/2014Price change$124,900-2%$97/sqft
    Source: Coldwell Banker United, Realtors #620072 Report a problem
    5/15/2014Listed for sale$127,500+82.1%$99/sqft
    Source: Coldwell Banker United, Realtors #620072 Report a problem
    6/16/2010Sold$70,000-72%$54/sqft
    Source: Public Record Report a problem
    4/5/2007Sold$249,900$194/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,468 +3.7%$171,963 +10%
    2023$2,381 +21.6%$156,330 +10%
    2022$1,958 $142,118
    2021-- --
    2020$1,426 +2.5%$113,944 +3.9%
    2019$1,391 $109,645 -1.8%
    2018$1,391 -3.2%$111,620 +9.6%
    2017$1,437 +8.6%$101,871 -0.3%
    2016$1,324 -4.8%$102,186 -0.1%
    2015$1,390 $102,304 +8%
    2014$1,390 $94,719 -2.3%
    2013-- $96,914 -1.6%
    2012-- $98,507 -3.1%
    2011-- $101,674 -3.4%
    2010-- $105,278 -5.2%
    2009-- $111,026 -40%
    2008-- $184,912 +44.9%
    2007-- $127,636 -15.5%
    2006-- $150,979 +53.4%
    2005-- $98,409 +37.7%
    2004-- $71,469
    2003-- $71,469 +9.7%
    2002-- $65,141
    2001-- $65,141 +11.1%
    2000-- $58,654
    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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    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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