5 months on rocket

5928 Beach Dr, Panama City Beach, FL, 32408

$695,000

Home List Price

$8,253*

Closing Credit

5 Bedrooms
3 Full Baths
1,963 SqFt
$354/SqFt
House

Location

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5928 Beach Dr, Panama City$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1997
HeatingCentral
CoolingCentral Air
MLS #951651
Lot Size0.14 Acres
StatusActive

About 5928 Beach Dr

Welcome to this well-maintained, spacious 5 bedroom single story vacation rental! 2023 Gross Rental Income of $93K! This home has zero stairs, 3 full bathrooms, ample parking, an outdoor shower, and a laundry/utility room with an extra refrigerator. With multiple dining areas, two enclosed porches, and a lovely private backyard living space, this home is perfect for entertaining and accommodating up to 12 guests! What a rare find! The primary King ensuite is truly a space of its own, leading out to the back patio via french doors. Everyone will enjoy privacy and peace at this property with a secondary King ensuite, two Queen bedrooms, and a double bunk bedroom! This beautiful home offers granite countertops, shaker cabinets, stainless steel Kitchen appliances, a digital thermostat, and exterior flood light cameras. It feels so roomy with vaulted ceilings and tile flooring throughout. This home conveys fully furnished and turnkey, with tasteful coastal furniture/decor which was updated in 2023. The backyard offers a grassy area as well as a paver patio with a firepit and BBQ grill. Plenty of space for outdoor games and relaxing around the custom painted mural welcoming you and your family to the Emerald Coast! Additionally, this home comes with great storage space within the attic access, owners closets and/or pantry/linen closets. There is also a workshop with exterior access for storing the yard tools and beach toys! Other items to mention include: interior painting updates in 2024, full septic servicing in 2024, and second screened in porch added to the front of home in 2023. Appliances include: two refrigerators, electric cooktop, double ovens, dishwasher, microwave, washer and dryer. Smart TVs, Kitchen accessories, outdoor furniture, firepit and grill also convey. Known as Pelican Paradise on Airbnb, this home has 45 reviews with a 4.62 rating average! Get to the beautiful white sandy beaches with ease, via Public Beach accesses #11 and #12. Rick Seltzer Beach Park is approx one mile away with public restrooms and parking. Enjoy a variety of Panama City Beach dining, entertainment, and adventure all within two miles. Public boat ramps, watersports options, and golfing are also found nearby. Seller will pay $800 towards a home warranty at closing! Contact your favorite Real Estate Agent today to learn more or to schedule a showing! Buyer to verify all measurements and any information deemed important.

Property Details

Property Features

Property Information:

  • Architectural Style: Beach House
  • Year Built: 1997
  • Stories: 1
  • Living Area: 1,963 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Karen K Smith

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Double Oven, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Raised Ceiling, Vaulted Ceilings, Recessed Lighting, Newly Painted, Pantry, Renovated, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced Back Yard, Fenced Privacy, Fireplace, Patio Open, Porch Screened

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading East on Thomas Drive, turn Left on Dolphin Dr, Turn Left on Beach Dr - home will be on the Right. Heading West on Thomas Drive, turn Right on Dolphin Dr, Turn Left on Beach Dr. Home will be on

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $354/SqFt

Tax Information:

  • Annual Amount: $2,297
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5928 Beach Dr vs Panama City

168 DAYS ON ROCKET

+91 Days

$695,000

+$355.5K More

$354/SqFt

+$152 More

KEY TAKEAWAY

This property is $355.5K more than the Median Sold Price and $152/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #951651

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Karen K Smith

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 11/21/2024, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 10, 2021Home Sold
$347,500
Jan 21, 2014Home Sold
$157,800
Oct 04, 2013Home Sold
$65,900
Oct 31, 2006Home Sold
$150,000
Apr 21, 2005Home Sold
$159,900
Oct 11, 2004Home Sold
$222,000
Apr 02, 1998Home Sold
$192,000
Jun 20, 1997Home Sold
$11,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,297$185,528
2018$2,132$167,210
2017$2,116$164,692

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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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.

Nearby Schools

school-card-donut-463863
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.47 miles

  • Public District Grades KG-5

school-card-donut-463864
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 3.99 miles

  • Public District Grades PK-5

school-card-donut-463865
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.42 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. The most common annual income of people living in Panama City, FL is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5928 Beach Dr

What is the listing price of this property?

The listing price of 5928 Beach Dr property is $695,000.

What type of property is this?

The property 5928 Beach Dr is a house located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5928 Beach Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,297 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 10, 2021 for $347,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5928 Beach Dr has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5928 Beach Dr is 1,963 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5928 Beach Dr is 1997.

Rocket HomesFloridaBay CountyPanama City324085928 Beach Dr

This home is located at 5928 Beach Dr in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 1,963 square foot home, which was built in 1997, sits on a 0.14 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $695,000.

Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. In October 2024 median list price was $339,477 and the average listing age was 77 days.

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

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