Flexible Duplex Just 2 Blocks from the Beach in Panama City Beach's South Lagoon Area - 7331 Sunset Avenue is a duplex located just two blocks from the beach and Richard Seltzer Park in one of the most popular neighborhoods to live in, thanks to its low traffic year-round, golf cart-friendly streets, proximity to public boat ramps, local restaurants, and shopping. Zoning allows for both short-term vacation rentals and long-term tenants—ideal for investors, house hackers, or those seeking a primary residence with rental potential. Each side of the duplex offers 2 bedrooms and 1 full bathroom, ceramic tile flooring throughout, a rear bedroom with exterior access to a large fenced backyard, and a paved driveway with parking for 4 vehicles per unit. Recent updates include new HVAC systems, new water heaters, new electrical panels on both sides, and a septic system serviced in August 2024. Whether you're looking to invest, live near the beach with added income, or both, this flexible property offers a solid foundation in a well-loved coastal community. All information is deemed accurate but should be verified by the buyer if important.
Sold for $405,000
$405,000
7331-7333 Sunset Ave, Panama City, FL 32408
4beds
1,552sqft
Duplex, Multi Family
Built in 1996
-- sqft lot
$400,000 Zestimate®
$261/sqft
$2,096 Estimated rent
Home value
$400,000
$360,000 - $444,000
$2,096/mo
Zestimate® history
Owner options
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$2,096/mo
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$2,659/mo
Est. payment
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$2,659/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Alice de La Penha 850-771-3150,
Coldwell Banker Realty,
Sean P Casilli 850-771-7731,
Coldwell Banker Realty
Bought with:
Justin Hutchins, 3408769
LPT Realty LLC
Source: CPAR,MLS#: 770796
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Full Bath, Kitchen, Laundry, Living Room, Porch
Bedroom
- Description: 7333
- Level: First
- Dimensions: 9.4 x 12.5
Bedroom
- Description: 7333
- Level: First
- Dimensions: 10.1 x 11.3
Bedroom
- Description: 7331
- Level: First
- Dimensions: 9.4 x 12.7
Bedroom
- Description: 7331
- Level: First
- Dimensions: 11 x 10.11
Other
- Description: 7333
- Level: First
- Dimensions: 8.1 x 4.11
Other
- Description: 7331
- Level: First
- Dimensions: 7.8 x 4.1
Kitchen
- Description: 7333
- Level: First
- Dimensions: 9.6 x 9.6
Kitchen
- Description: 7331
- Level: First
- Dimensions: 9.5 x 15.5
Laundry
- Description: 7331
- Level: First
- Dimensions: 3.1 x 5.9
Living room
- Description: 7333
- Level: First
- Dimensions: 19.2 x 11.9
Living room
- Description: 7331
- Level: First
- Dimensions: 19.1 x 11.9
Porch
- Description: 7333
- Level: First
- Dimensions: 8.1 x 6
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Water Heater
Features
- Smart Thermostat
- Windows: Double Pane Windows
Interior area
- Total structure area: 1,552
- Total interior livable area: 1,552 sqft
Property
Features
- Fencing: Fenced
Lot
- Size: 5,750 Square Feet
- Dimensions: 50 x 115
- Features: Paved
Details
- Parcel number: 30808240010
- 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, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Holiday Beach Unit 14
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $261/sqft
- Annual tax amount: $2,938
- Date on market: 3/23/2025
- Cumulative days on market: 10 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2025 | Sold | $405,000-4.7%$261/sqft |
Source:  CPAR #770796 Report a problem | ||
| 4/3/2025 | Contingent | $425,000$274/sqft |
Source: CPAR #770796 Report a problem | ||
| 3/23/2025 | Listed for sale | $425,000$274/sqft |
Source: CPAR #770796 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lower Grand Lagoon
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Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 5.6 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 3.8 mi
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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- Florida
- Bay County
- Panama City Beach
- 32408
- Lower Grand Lagoon
- 7331-7333 Sunset Ave
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