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Listing provided courtesy of Fun Quest Vacation Rentals Corp- MLS# 786715MLS Provider

5218 Beach DrivePanama City, FL 32408

Multi-Family · 5 Beds · 6 Full Baths · 2,919 Sq. ft. | 0.27 Acres
$795,000 Active

5218 Beach Drive Overview

Time on Site:
104 days
Visits:
0

Attention investors! Income-producing triplex just a short walk to the beach in PCB (4 min walk to Schooners). Perfect for short-term rentals, vacation stays, or long-term tenants. Properties this close to the sand rarely hit the market--strong rental potential and multiple income streams! A - 1 bed + loft, 2 baths. B - 2 bed, 2 bath. C - 2 bed, 2 bath.

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5218 Beach Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,919
  • Price/Sq.ft. $272
  • Lot 0.27 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Patronis
  • Middle Or Junior School: Surfside
  • High School: Arnold

Building Information

  • New Construction: false
  • Year Built: 1992

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
  • Subdivision Name: Biltmore Beach

Community/Development

  • Community Features: Short Term Rental Allowed

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: 4560.0
  • Tax Year: 2025

General Information

  • Parcel Number: 31748-000-000
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Special Listing Conditions: Listed As-Is

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Total: 6
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 2919.0

General Information

  • Appliances: Electric Cooktop,Electric Range,Electric Water Heater
  • Levels: Two
  • Living Area Source: Appraiser
  • Rooms Total: 5
  • Stories: 2
  • Stories Total: 2
  • Units Furnished: All Units

Exterior

Lot Information

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Dimensions: 104x60
  • Lot Size Square Feet: 11674.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Construction Materials: Stucco,Vinyl Siding
  • Mobile Dim Units: Feet
  • Patio And Porch Features: Balcony

General Information

  • Utilities: Electricity Available

Room Information

Room: Bedroom

  • Dimensions: 8 x 10
  • Length: 8.0
  • Width: 10.0

Room: Bedroom

  • Dimensions: 8 x 10
  • Length: 8.0
  • Width: 10.0

Room: Bedroom

  • Dimensions: 8 x 10
  • Length: 8.0
  • Width: 10.0

Room: Bedroom

  • Dimensions: 10 x 12
  • Length: 10.0
  • Width: 12.0

Room: Bedroom

  • Dimensions: 10 x 12
  • Length: 10.0
  • Width: 12.0

5218 Beach Drive 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.

5218 Beach Drive Monthly Cost

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$ %
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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.

5218 Beach Drive 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

5218 Beach Drive History

Date Event Value Agent
4/2/2026Source: Central Panhandle MLS Price Reduction
$795,000 -5.9%
3/17/2026Source: Central Panhandle MLS Added to Database
March 17, 2026