For sale

Price cut: $15K (7/1)

$375,000

5621 Sunset Ave, Panama City Beach, FL 32408

2beds

960sqft

$2,384/mo

Get pre-qualified

Single Family Residence

Built in 2006

6,098 Square Feet Lot

$361,200 Zestimate^®

$391/sqft

$-- HOA

What's special

Fully furnished property

INVESTOR ALERT - now offered at a newly reduced price! This turnkey 2-bedroom beach retreat is just blocks from the Gulf and packed with potential. Looking for the freedom of owning near the beach without expensive condo HOA fees? This fully furnished property is move-in and rental-ready from day one. Whether you're searching for a high-performing short-term rental, second home, or full-time residence, this one checks all the boxes. Ideally located near Panama City Beach's favorite restaurants, shopping, entertainment, and beach access, guests and owners alike will love the convenience and coastal lifestyle. With the recent price improvement, this is an incredible opportunity to own a slice of paradise at an even better value!

141 days

656

40

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Bedroom, Dining Room, Kitchen, Living Room

Bedroom

Level: Second
Dimensions: 15 x 12

Bedroom

Level: Second
Dimensions: 12 x 12

Dining room

Level: Second
Dimensions: 12 x 12

Kitchen

Level: Second
Dimensions: 12 x 9

Living room

Level: Second
Dimensions: 23 x 12

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Electric Cooktop, Electric Oven, Electric Range

Interior area

Total structure area: 960
Total interior livable area: 960 sqft

Property

Features

Patio & porch: Balcony, Patio
Exterior features: Patio

Lot

Size: 6,098 Square Feet
Dimensions: 50 x 120

Details

Parcel number: 31897000000
Zoning description: Resid Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Pillar/Post/Pier

Condition

New construction: No
Year built: 2006

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Electricity Available

Community & HOA

Community

Features: Short Term Rental Allowed
Subdivision: Biltmore Beach

HOA

Has HOA: No

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $391/sqft
Tax assessed value: $298,877
Annual tax amount: $3,945
Date on market: 3/26/2026
Cumulative days on market: 142 days
Electric utility on property: Yes

Estimated market value

$361,200

$343,000 - $379,000

$1,430/mo

Price history

Date	Event	Price
7/1/2026	Price change	$375,000-3.8%$391/sqft
Source: CPAR #787445 Report a problem
5/22/2026	Price change	$390,000-1.3%$406/sqft
Source: CPAR #787445 Report a problem
3/26/2026	Listed for sale	$395,000-2.2%$411/sqft
Source: CPAR #787445 Report a problem
8/23/2023	Sold	$404,000-3.6%$421/sqft
Source: CPAR #743319 Report a problem
7/12/2023	Contingent	$419,000$436/sqft
Source: CPAR #743319 Report a problem
6/28/2023	Listed for sale	$419,000+210.4%$436/sqft
Source: CPAR #743319 Report a problem
1/13/2015	Sold	$135,000-3.5%$141/sqft
Source: CPAR #623339 Report a problem
8/20/2014	Listed for sale	$139,900+566.2%$146/sqft
Source: Top Producers Real Estate Center #623339 Report a problem
4/3/2002	Sold	$21,000$22/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,713 +39.4%	$298,877 +61.1%
2023	$2,664 +27.4%	$185,525 +4.6%
2022	$2,091	$177,360
2021	--	--
2020	$1,831 +6.6%	$147,210 +8.1%
2019	$1,718	$136,188 +3.3%
2018	$1,718 +1.6%	$131,860 +12.5%
2017	$1,691 +61.7%	$117,211 -0.2%
2016	$1,046 -32.1%	$117,459 +3.4%
2015	$1,539	$113,607 +7.6%
2014	$1,539	$105,565 -1.2%
2013	--	$106,881 -1.1%
2012	--	$108,106 -8.1%
2011	--	$117,649 -18.1%
2010	--	$143,679 -13%
2009	--	$165,164 -2.2%
2008	--	$168,943 -15.2%
2007	--	$199,323