Skip main navigation
For sale
  • Price cut: $1K (8/13)
    $773,999

    5817 Sunset Ave, Panama City Beach, FL 32408

    4beds
    1,988sqft
    : 
    $4,864/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    6,098 Square Feet Lot
    $-- Zestimate®
    $389/sqft
    $-- HOA

    What's special

    Durable metal roofMatching exterior storage buildingOutdoor showerTwo separate independent dwellingsBuilt-in sprinkler system
    SELLER CONCESSIONS OFFERED: Seller will contribute up to 3% towards the buyer's rate buydown or closing costs with an acceptable offer. Lower your monthly mortgage payment significantly on this turnkey coastal Property! This newer construction offers flexible living options with a main home and an independent suite ideal for multi-generational living or income generation. Welcome to the ultimate coastal setup and a massive financial opportunity--with absolutely NO HOA fees! Perfectly situated in a highly desirable pocket of Lower Grand Lagoon, this newer construction property puts you in the ultimate sweet spot: perfectly nestled between the open waters of the Grand Lagoon and the world-famous white sand beaches of the Gulf. Sitting safely in unincorporated Bay County also keeps your property taxes lower and your property rights greater than inside city limits, offering highly favorable, flexible rental rules and zoning. You have the ultimate freedom to park your toys and run your property your way. You are centrally located to the area's best dining and entertainment, you are also just a short drive to the award-winning St. Andrews State Park--a pristine paradise where you can completely escape into nature and enjoy true solitude. On top of the unbeatable location, you are just 3 blocks from the premier boat ramp in the area, letting you get from your driveway to the water in minutes. Offering a generous 2,002 square feet of modern interior living space, this property is masterfully designed as two separate, independent dwellings. This creates the perfect layout to live comfortably in the larger, spacious upper main home while generating immediate passive income from the independent lower suite. The lower dwelling is a proven cash-flow producer with a verified annual rental history and an upward-trending trajectory. Furniture is negotiable, making this the perfect turnkey setup to immediately jumpstart your rental stream or move right in with many brand-new items already in place. The property also boasts a massive, fully finished 700-square-foot oversized double garage engineered to double as an incredible recreation area or game room. Outside, the heavy-duty, extra-wide 49' length x 25' width driveway is custom-built to effortlessly park a large boat trailer, center console, or full-sized RV with room to spare, complete with a professional dedicated 50-amp electric hookup to power your rig or marine craft. Your private outdoor resort experience comes alive with over 800 square feet of expansive wrap-around decks and porches, offering a lovely peek-a-boo view of the shimmering Gulf waters and the ultimate setup for open-air dining, entertaining, or catching the sea breeze. These massive porch spaces overlook a fully privacy-fenced backyard. Designed with the plumbing and septic strategically placed in the front yard, the back is completely open and perfectly cleared for an inground swimming pool or a large lawn area for kids and pets to play. The yard already features a matching exterior storage building that is perfectly positioned to be easily converted into your own custom tiki bar, pool house, or surf shack. Complete with a built-in sprinkler system, outdoor shower, and a durable metal roof, this newer home is completely turnkey and ready for its next chapter.
    68 days
    |
    539
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris C Overman 850-628-3000,

    Dalton Wade Inc

    Source: CPAR,MLS#: 791207MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Full Bath, Garage, Kitchen, Laundry, Living Room, Primary Bedroom
      Primary bedroom
      • Level: Second
      • Dimensions: 13.7 x 12.3
      Bedroom
      • Level: Second
      • Dimensions: 9.9 x 10
      Bedroom
      • Level: Second
      • Dimensions: 10 x 9.5
      Bedroom
      • Level: First
      • Dimensions: 10 x 12.8
      Other
      • Level: Second
      • Dimensions: 6.3 x 8.5
      Other
      • Level: First
      • Dimensions: 5 x 4.9
      Garage
      • Level: First
      • Dimensions: 28 x 24
      Kitchen
      • Level: Second
      • Dimensions: 17.5 x 15
      Kitchen
      • Level: First
      • Dimensions: 12.5 x 10.7
      Laundry
      • Level: Second
      • Dimensions: 3.7 x 5.7
      Laundry
      • Level: First
      • Dimensions: 6 x 6.7
      Living room
      • Level: Second
      • Dimensions: 17.5 x 12.5
      Living room
      • Level: First
      • Dimensions: 12.4 x 16.7
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Oven, Electric Water Heater
      Features
      • Double Vanity, Upper Level Primary, Walk-In Closet(s)
      • Windows: Double Pane Windows
      Interior area
      • Total structure area: 1,988
      • Total interior livable area: 1,988 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Patio & porch: Balcony
      • Exterior features: Outdoor Shower
      • Fencing: Partial,Privacy
      • Has view: Yes
      • View description: Other
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 50 x 120
      • Features: Sprinkler System
      Details
      • Parcel number: 31971000000
      • On leased land: Yes
      • Zoning description: County
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Wood Frame
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Utilities for property: Cable Connected, Electricity Available, Underground Utilities

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Security: Smoke Detector(s)
      • Subdivision: Biltmore Beach 1st Add
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $389/sqft
      • Tax assessed value: $499,142
      • Annual tax amount: $6,446
      • Date on market: 6/11/2026
      • Cumulative days on market: 69 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Price change$773,999-0.1%$389/sqft
        Source: CPAR #791207 Report a problem
        7/30/2026Price change$774,999-3.1%$390/sqft
        Source: CPAR #791207 Report a problem
        7/15/2026Price change$799,999-5.9%$402/sqft
        Source: CPAR #791207 Report a problem
        6/29/2026Price change$849,900-5.5%$428/sqft
        Source: CPAR #791207 Report a problem
        6/12/2026Listed for sale$899,000+66.5%$452/sqft
        Source: CPAR #791207 Report a problem
        9/25/2025Listing removed$2,700$1/sqft
        Source: Zillow Rentals Report a problem
        8/24/2025Price change$2,700-10%$1/sqft
        Source: Zillow Rentals Report a problem
        6/18/2025Listed for rent$3,000$2/sqft
        Source: Zillow Rentals Report a problem
        3/15/2021Sold$540,000+0.2%$272/sqft
        Source: ECAOR #863462 Report a problem
        2/3/2021Contingent$539,000$271/sqft
        Source: CPAR #707141 Report a problem
        1/29/2021Listed for sale$539,000+464.4%$271/sqft
        Source: CPAR #707141 Report a problem
        3/13/2019Sold$95,500-4.4%$48/sqft
        Source: Public Record Report a problem
        9/14/2018Price change$99,900-13.1%$50/sqft
        Source: CENTURY 21 Ryan Realty #675407 Report a problem
        8/17/2018Listed for sale$115,000-0.9%$58/sqft
        Source: Century 21 Ryan Realty Inc #675407 Report a problem
        2/14/2018Sold$116,000$58/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,174 +2.9%$499,142 +7.8%
        2023$6,002 +22.2%$463,151 +10%
        2022$4,910 $421,046
        2021-- --
        2020$734 +15%$57,026 +10%
        2019$639 $51,842 -9.3%
        2018$639 -27%$57,134 +10%
        2017$875 +33.6%$51,940 +2.9%
        2016$655 +0.8%$50,470 +2.6%
        2015$649 $49,196 +0.4%
        2014$649 $49,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        47 / 100
        Car-Dependent
        51 / 100
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes