4 months on rocket

5519-5521 Beach, Panama City Beach, FL, 32408

$524,999

Home List Price

$6,234*

Closing Credit

4 Bedrooms
4 Full Baths
1,605 SqFt
$327/SqFt
Multi

Location

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5519-5521 Beach, Panama City$524,999

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built2003
HeatingCentral
CoolingCentral Air
MLS #759125
StatusActive

About 5519-5521 Beach

SHORT TERM RENTAL PROJECTIONS OF $65,000. The location of this duplex is absolutely amazing! Imagine the memories you'll have at the beach in this home! Located just steps from the beach access. Zoned for short term rentals, this duplex is the perfect investment property. Both units have 2 bedroom 2 bath. Each unit is thoughtfully designed with a spacious, open concept. Say goodbye to septic tanks! This duplex has both units tapped into public sewer. Enjoy the over-sized backyard after a long day at the beach and watch incredible sunsets or play yard games under the stars. 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. This home is a sanctuary where you and your guests can create lasting memories!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 2003
  • Living Area: 1,605 SqFt

Listing Office:

  • Office Name: Coldwell Banker Carroll Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
  • Interior: Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Thomas Dr Go north on Biltmore and take a left on Beach Dr Home is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,999
  • Price Per SqFt: $327/SqFt
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5519-5521 Beach vs Panama City

122 DAYS ON ROCKET

+45 Days

$524,999

+$185.5K More

$327/SqFt

+$125 More

KEY TAKEAWAY

This property is $185.5K more than the Median Sold Price and $125/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #759125

Listing Office:

  • Office Name: Coldwell Banker Carroll Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/2/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-378048
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.16 miles

  • Public District Grades PK-5

Middle School

school-card-donut-378049
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 7.66 miles

  • Public District Grades 6-8

High School

school-card-donut-378050
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.75 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Bay County›Panama City›32408›5519-5521 Beach

This home is located at 5519-5521 Beach in Panama City Beach, FL and zip code 32408 in the Treasure Island Section One neighborhood. This 1,605 square foot home was built in 2003. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $524,999.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 77 days, the median list price was $339,477.

From Rocket Homes Real Estate and based on county public records data.

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