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For sale
  • Price cut: $4.9K (5/28)
    $545,000

    8402 Elizabeth Ave, Panama City Beach, FL 32408

    4beds
    1,788sqft
    : 
    $3,465/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1999
    -- sqft lot
    $518,700 Zestimate®
    $305/sqft
    $-- HOA

    What's special

    Granite countertopsFully furnished duplexOpen floor aestheticModern kitchensTwo spacious unitsTile flooring throughoutUpdated bathrooms
    Investor Property Alert! 5 Minute walk to the beach. No HOA!! Sellers offer this beautiful Panama City Beach, a fully furnished duplex just a short stroll from the sugar white sand and emerald waters of the Gulf. This turnkey investment opportunity offers the perfect blend of beach lifestyle and strong rental potential in one of Florida's most sought after vacation markets. NO HOA!! Built in 1999 and thoughtfully updated, this open floor aesthetic features two spacious units, each offering two bedrooms and two bathrooms. The interiors have been renovated in recent years post hurricane with modern kitchens, backsplash, granite countertops, stainless steel appliances, and updated bathrooms that appeal to today's vacation guests and long term renters alike. Tile flooring throughout makes maintenance easy and stands up well to sandy feet and high occupancy. Enjoy the creative and comfortable backyards with fire pits made for entertaining guests and enjoyment, peace, and solitude. The layout provides flexibility for investors. Short-term rent both units for maximum income potential OR live in one side and rent the other, or operate both as short term vacation rentals. The property is being offered furnished and ready to welcome guests, allowing you to start generating income right away. An outdoor shower adds a practical and attractive touch for beachgoers returning from a day in the sun. Location is everything in Panama City Beach, and this property delivers. Just minutes from public beach access, restaurants, shopping, and local attractions, guests can enjoy everything the area has to offer without ever needing to drive far. Walkability to the beach is a major draw that consistently supports strong occupancy and nightly rates. Whether you are looking to expand your investment portfolio or secure a beach property with built in income potential, 8402 Elizabeth Avenue is an opportunity you do not want to miss! Schedule your private showing today and step into a property that works as hard as you do while offering the relaxed lifestyle only the beach can provide.
    170 days
    |
    223
    |
    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Catriese M Johnson 850-687-7487,

    Coldwell Banker Realty

    Source: CPAR,MLS#: 785770MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Bedroom, Living Room, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Description: buyer to verify
      • Level: First
      • Dimensions: 12 x 12
      Bedroom
      • Description: buyer to verify
      • Level: First
      • Dimensions: 12 x 12
      Primary bathroom
      • Description: buyer to verify
      • Level: First
      • Dimensions: 12 x 12
      Living room
      • Description: buyer to verify
      • Level: First
      • Dimensions: 14 x 14
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven
      Features
      • Main Level Primary
      Interior area
      • Total structure area: 1,788
      • Total interior livable area: 1,788 sqft

      Property

      Features
      • Exterior features: Fire Pit
      • Fencing: Privacy
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 50 x 150
      Details
      • Parcel number: 30291000000
      • Zoning description: Resid Single 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
      • Stucco
      Condition
      • New construction: No
      • Year built: 1999

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Subdivision: Bel Air
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $305/sqft
      • Tax assessed value: $347,813
      • Annual tax amount: $5,053
      • Date on market: 2/24/2026
      • Cumulative days on market: 113 days

        Estimated market value

        $518,700

        $493,000 - $545,000

        $2,207/mo

        Price history

        DateEventPrice
        5/28/2026Price change$545,000-0.9%$305/sqft
        Source: CPAR #785770 Report a problem
        4/27/2026Price change$549,900-1.8%$308/sqft
        Source: CPAR #785770 Report a problem
        4/7/2026Price change$559,900-2.7%$313/sqft
        Source: CPAR #785770 Report a problem
        2/24/2026Listed for sale$575,500+18.7%$322/sqft
        Source: CPAR #785770 Report a problem
        5/1/2024Sold$485,000-1%$271/sqft
        Source: Public Record Report a problem
        3/27/2024Contingent$489,900$274/sqft
        Source: CPAR #753898 Report a problem
        3/8/2024Listed for sale$489,900+291.9%$274/sqft
        Source: CPAR #753898 Report a problem
        4/13/2017Listing removed$1,150$1/sqft
        Source: World Impact Real Estate #656791 Report a problem
        3/26/2017Listed for rent$1,150$1/sqft
        Source: World Impact Real Estate #656791 Report a problem
        7/3/2012Sold$125,000-42.9%$70/sqft
        Source: Public Record Report a problem
        4/15/2004Sold$219,000$122/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,655 +13.3%$247,628 +10%
        2023$3,226 +28.2%$225,116 +10%
        2022$2,516 $204,651
        2021-- --
        2020$2,098 +7.3%$169,133 +11.2%
        2019$1,955 $152,150 +0.8%
        2018$1,955 $150,897 +1.7%
        2017-- $148,327 +0.1%
        2016-- $148,133 -0.6%
        2015-- $148,979 -0.8%
        2014-- $150,221 -2.4%
        2013-- $153,938 -2%
        2012-- $157,156 -2.4%
        2011-- $160,995 -3.9%
        2010-- $167,556 -6.5%
        2009-- $179,144 -2.4%
        2008-- $183,478 -15.2%
        2007-- $216,268 -18.2%
        2006-- $264,459 +55.6%
        2005-- $169,962 +75.9%
        2004-- $96,646
        2003-- $96,646 +5.1%
        2002-- $91,958
        2001-- $91,958 +19.9%
        2000-- $76,718
        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

        49 / 100
        Car-Dependent
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Breakfast Point
        • Middle: Breakfast Point
        • 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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