Listing provided courtesy of Coldwell Banker Realty- MLS# 785770MLS Provider

8402 Elizabeth AvenuePanama City Beach, FL 32408

Multi-Family · 4 Beds · 4 Full Baths · 1,788 Sq. ft. | 0.14 Acres
$545,000 Active

8402 Elizabeth Avenue Overview

Time on Site:
104 days
Visits:
0

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.

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8402 Elizabeth Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,788
  • Price/Sq.ft. $305
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Breakfast Point
  • Middle Or Junior School: Breakfast Point
  • High School: Arnold

Building Information

  • New Construction: false
  • Year Built: 1999

Location/Region

  • County Or Parish: Bay
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
  • Postal City: Panama City Beach
  • Subdivision Name: Bel Air

Community/Development

  • Community Features: Short Term Rental Allowed

Tax Information

  • Tax Annual Amount: 5053.0
  • Tax Year: 2025

General Information

  • Parcel Number: 30291-000-000
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Special Listing Conditions: Listed As-Is

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 1788.0

General Information

  • Appliances: Electric Oven
  • Interior Features: Main Level Primary
  • Living Area Source: Appraiser
  • Rooms Total: 4
  • Units Furnished: All Units

Exterior

Lot Information

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Dimensions: 50x150
  • Lot Size Square Feet: 6229.0
  • Lot Size Units: Acres
  • Road Responsibility: Public Maintained Road

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Duplex
  • Construction Materials: Stucco
  • Structure Type: Duplex

General Information

  • Exterior Features: Fire Pit
  • Fencing: Privacy
  • Road Frontage Type: City Street
  • Utilities: Cable Connected,High Speed Internet Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 12
  • Length: 12.0
  • Width: 12.0
  • Description: buyer to verify

Room: Living Room

  • Level: First
  • Dimensions: 14 x 14
  • Length: 14.0
  • Width: 14.0
  • Description: buyer to verify

Room: Primary Bathroom

  • Level: First
  • Dimensions: 12 x 12
  • Length: 12.0
  • Width: 12.0
  • Description: buyer to verify

Room: Primary Bedroom

  • Level: First
  • Dimensions: 12 x 12
  • Length: 12.0
  • Width: 12.0
  • Description: buyer to verify

8402 Elizabeth Avenue Neighborhood

Community

32408 (Panama City) Demographics

43
Median Age
751
Population Density (per sq. mile)
48%
College Educated
$57,202
Estimated Median Income
5,833
Estimated Total Home Owners
2,869
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8402 Elizabeth Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8402 Elizabeth Avenue Market Data

Based on the last 30 days in this zip code

$616,879
Average List Price
$391
Average Price per Square Foot
97
Properties Sold
89
Average Days on Market
1,054
Properties for Sale
Calculations provided by Reliance Network

8402 Elizabeth Avenue History

Date Event Value Agent
5/28/2026Source: Central Panhandle MLS Price Reduction
$545,000 -0.9%
4/27/2026Source: Central Panhandle MLS Price Reduction
$549,900 -1.8%
4/7/2026Source: Central Panhandle MLS Price Reduction
$559,900 -2.7%
3/17/2026Source: Central Panhandle MLS Added to Database
March 17, 2026