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Sold for $450,000
    • $450,000

    5703 Beach Dr, Panama City, FL 32408

    4beds
    1,551sqft
    Duplex, Multi Family
    Built in 2002
    -- sqft lot
    $445,800 Zestimate®
    $290/sqft
    $1,752 Estimated rent

    Home value

    $445,800

    $401,000 - $495,000

    $1,752/mo

    Zestimate® history
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    What's special

    Privacy fenceSpacious open conceptCovered patio
    SHORT TERM RENTAL RECORDS OF $60,000 A YEAR!. Both HVAC systems have been replaced in July 2025!! The location of this duplex is absolutely amazing! Imagine the memories you'll have at the beach in this home! Located less than 1/2 mile from the beach and a short walk to the nearest beach access.. Zoned for short term rentals, this duplex is the perfect investment property. One side of the duplex offers two bedrooms and two baths while the other side offers two bedrooms and one a half baths. Each unit is thoughtfully designed with a spacious, open concept and is turn-key. The covered patio and privacy fence in the back yard offers great privacy for each unit. Rent each unit separately to maximize the rental potential with this duplex! Or live in one side and enjoy the beach life while you rent the other side for additional income. The units already have rentals on the books for 2024 and reservations being made daily. This home is a sanctuary where you and your guests can create lasting memories!

    Zillow last checked:

    Listing updated:

    Listed by:

    Clint Furney 850-258-7207,

    Anchor Realty Florida

    Bought with:

    Andrew E Harthan, SL3526997

    Think Real Estate

    Source: CPAR,MLS#: 757545MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Full Bath, Half Bath, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 14 x 12
    Primary bedroom
    • Level: First
    • Dimensions: 14 x 12
    Other
    • Level: First
    • Dimensions: 10 x 6
    Other
    • Level: First
    • Dimensions: 10 x 6
    Half bath
    • Level: First
    • Dimensions: 10 x 6
    Living room
    • Level: First
    • Dimensions: 20 x 12
    Living room
    • Level: First
    • Dimensions: 20 x 12
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater, Ice Maker
    Interior area
    • Total structure area: 1,551
    • Total interior livable area: 1,551 sqft

    Property

    Parking
    • Parking features: Paved
    Features
    • Patio & porch: Deck
    • Exterior features: Barbecue, Covered Patio
    • Fencing: Fenced
    Lot
    • Size: 5,500 Square Feet
    • Dimensions: 50 x 110
    • Features: Paved
    Details
    • Parcel number: 31867010000
    • Zoning description: Resid Multi-Family
    • 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: Shake
    Condition
    • New construction: No
    • Year built: 2002

    Community & HOA

    Community
    • Features: Barbecue, Short Term Rental Allowed
    • Subdivision: Biltmore Beach
    HOA
    • Has HOA: No
    • Amenities included: Other, See Remarks
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $290/sqft
    • Annual tax amount: $5,406
    • Date on market: 7/7/2025
    • Cumulative days on market: 490 days

    Price history

    DateEventPrice
    10/10/2025Sold$450,000$290/sqft
    Source: CPAR #757545 Report a problem
    9/25/2025Pending sale$450,000$290/sqft
    Source: CPAR #757545 Report a problem
    7/31/2025Price change$450,000-1.1%$290/sqft
    Source: CPAR #757545 Report a problem
    7/28/2025Price change$455,000-3.2%$293/sqft
    Source: CPAR #757545 Report a problem
    7/19/2025Price change$470,000-1.1%$303/sqft
    Source: CPAR #757545 Report a problem
    7/10/2025Price change$475,000-1%$306/sqft
    Source: CPAR #757545 Report a problem
    7/7/2025Listed for sale$479,900$309/sqft
    Source: CPAR #757545 Report a problem
    7/3/2025Contingent$479,900$309/sqft
    Source: CPAR #757545 Report a problem
    6/22/2025Price change$479,900-2%$309/sqft
    Source: CPAR #757545 Report a problem
    6/19/2025Price change$489,900-2%$316/sqft
    Source: CPAR #757545 Report a problem
    5/12/2025Price change$499,999-4.8%$322/sqft
    Source: CPAR #757545 Report a problem
    5/7/2025Price change$525,000-2.6%$338/sqft
    Source: CPAR #757545 Report a problem
    5/1/2025Price change$539,000-1.1%$348/sqft
    Source: CPAR #757545 Report a problem
    4/15/2025Price change$545,000-0.9%$351/sqft
    Source: CPAR #757545 Report a problem
    4/4/2025Price change$550,000-2.7%$355/sqft
    Source: CPAR #757545 Report a problem
    2/26/2025Price change$565,000-1.7%$364/sqft
    Source: CPAR #757545 Report a problem
    2/10/2025Price change$575,000-1.7%$371/sqft
    Source: CPAR #757545 Report a problem
    1/21/2025Price change$585,000-1.7%$377/sqft
    Source: CPAR #757545 Report a problem
    12/10/2024Price change$595,000-4.8%$384/sqft
    Source: CPAR #757545 Report a problem
    7/22/2024Price change$625,000-3.8%$403/sqft
    Source: CPAR #757545 Report a problem
    7/3/2024Price change$650,000-2.3%$419/sqft
    Source: CPAR #757545 Report a problem
    5/23/2024Listed for sale$665,000$429/sqft
    Source: CPAR #757545 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lower Grand Lagoon

    Nearby homes

    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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    $454,716

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