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Sold for $625,000
  • $625,000

    5928 Beach Dr, Panama City Beach, FL 32408

    5beds
    1,963sqft
    Single Family Residence
    Built in 1997
    6,098 Square Feet Lot
    $614,500 Zestimate®
    $318/sqft
    $4,500 Estimated rent

    Home value

    $614,500

    $553,000 - $682,000

    $4,500/mo

    Zestimate® history
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    What's special

    Single-story homeEnclosed porchesTwo king en-suitesDouble bunk bedroomTwo queen bedroomsAmple parking for guestsBbq grill
    Proven Income-Generating Gem: Investor's Dream in Panama City Beach! Turnkey High-Earning Vacation Rental - Prime Opportunity! This 5-bedroom, 3-bathroom, single-story home is a proven cash-flow powerhouse! Fully turnkey, it conveys all updated furnishings, décor (refreshed in 2023), and smart home features, including digital thermostats and exterior cameras. Whether you're a seasoned investor or a first-time buyer, this property is set up for seamless management and maximum occupancy, comfortably accommodating up to 12 guests. Exceptional Features Designed for High Demand • Guest-Friendly Layout: Single-story home with zero stairs, tile flooring throughout, vaulted ceilings, and stainless steel appliances. • Entertainment Spaces: Two enclosed porches, multiple dining areas, and a private backyard with a fire pit, BBQ grill, and plenty of room for outdoor fun. • Enhanced Amenities: Pet-friendly backyard, outdoor shower, a spacious laundry/utility room with a second refrigerator, and ample parking for guests. • Group-Friendly Design: Two King en-suites (one with patio access), two Queen bedrooms, and a double bunk bedroom ensure privacy and comfort for families or group bookings. Prime Location for Year-Round Bookings Known as ''Pelican Paradise'' on Airbnb, this rental boasts 65 reviews with a 4.64-star average rating. Located just blocks from a public boat ramp, it's perfect for water enthusiasts bringing boats or jet skis. Public beach access is nearby, with Rick Seltzer Beach Park and St. Andrews State Park just a mile away. Local dining, entertainment, and golf are within a two-mile radius, making this property an in-demand destination for vacationers. This is your chance to own a high-performing, low-maintenance investment property in the heart of Panama City Beach's vacation rental market. Don't wait—contact your real estate agent today to schedule a showing or request more details! Note: Buyer to verify all measurements and any information deemed important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy L Killian 850-381-5249,

    Beachy Beach Real Estate

    Bought with:

    Abbott Martin Group

    EXP Realty LLC

    Source: CPAR,MLS#: 756259MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Dining Room, Kitchen, Laundry, Living Room
    Bedroom
    • Level: First
    • Dimensions: 16 x 17
    Bedroom
    • Level: First
    • Dimensions: 10 x 11
    Bedroom
    • Level: First
    • Dimensions: 11 x 12
    Bedroom
    • Level: First
    • Dimensions: 12 x 13
    Bedroom
    • Level: First
    • Dimensions: 12 x 15
    Dining room
    • Level: First
    • Dimensions: 12 x 8
    Kitchen
    • Level: First
    • Dimensions: 12 x 20
    Laundry
    • Level: First
    • Dimensions: 8 x 8
    Living room
    • Level: First
    • Dimensions: 12 x 19
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater
    Features
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,963
    • Total interior livable area: 1,963 sqft

    Property

    Parking
    • Parking features: Open, Paved
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio, Porch, Screened
    • Exterior features: Patio, Outdoor Shower, Porch
    • Fencing: Fenced,Privacy
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 50 x 120
    • Features: Paved
    Details
    • Parcel number: 32122000000
    • Zoning description: Resid Multi-Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Utilities for property: High Speed Internet Available, Water Connected

    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: $318/sqft
    • Tax assessed value: $392,090
    • Annual tax amount: $4,826
    • Date on market: 1/31/2025
    • Cumulative days on market: 348 days

    Price history

    DateEventPrice
    5/30/2025Sold$625,000-10.7%$318/sqft
    Source: CPAR #756259 Report a problem
    11/4/2022Sold$700,000+101.4%$357/sqft
    Source: eXp Realty #188655288 Report a problem
    2/10/2021Sold$347,500+120.2%$177/sqft
    Source: Public Record Report a problem
    1/21/2014Sold$157,800+139.5%$80/sqft
    Source: Public Record Report a problem
    10/4/2013Sold$65,900-70.3%$34/sqft
    Source: Public Record Report a problem
    6/18/2013Sold$222,000+270%$113/sqft
    Source: Agent Provided Report a problem
    10/23/2012Sold$60,000+92.9%$31/sqft
    Source: Public Record Report a problem
    5/4/2012Sold$31,100-86%$16/sqft
    Source: Public Record Report a problem
    10/11/2004Sold$222,000$113/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,858 +0.7%$392,090 +2.4%
    2023$4,826 +29.2%$382,792 +19.8%
    2022$3,735 $319,452
    2021-- --
    2020$2,297 +4.1%$185,528 +5.5%
    2019$2,207 $175,904 +5.2%
    2018$2,207 +3.5%$167,210 +1.5%
    2017$2,133 +0.8%$164,692 +0.9%
    2016$2,116 +10.7%$163,270 +17.7%
    2015$1,911 $138,732 +97.8%
    2014$1,911 $70,146 -1.8%
    2013-- $71,447 -2.2%
    2012-- $73,040 -3.2%
    2011-- $75,417 -3.9%
    2010-- $78,444 -6.4%
    2009-- $83,797 -0.1%
    2008-- $83,878 -16.1%
    2007-- $99,965 -19.5%
    2006-- $124,153 -35.7%
    2005-- $193,120 +130.2%
    2004-- $83,882
    2003-- $83,882 +5.1%
    2002-- $79,836
    2001-- $79,836 +23.5%
    2000-- $64,619
    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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    $614,500
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    With Zillow Showcase(estimated)
    $626,790