Listing provided courtesy of LoKation Real Estate- MLS# 790852MLS Provider

5220 Beach DrivePanama City, FL 32408

Multi-Family · 4 Beds · 2 Full Baths · 1,232 Sq. ft. | 0.14 Acres
$589,999 Active

5220 Beach Drive Overview

Time on Site:
24 days
Visits:
0

Experience coastal living at its best with this beautifully maintained duplex just steps from Beach Access #5 and the stunning sugar-white shoreline along the Gulf. Offering a total of four bedrooms and two full baths, the property is configured as two private residences, each featuring two bedrooms and one bathroom, creating an excellent flexibility for personal use, vacation rentals, or long-term tenants. Perfect for those seeking an income-producing property or a beach getaway with added earning potential, this fully furnished duplex is move-in and rental ready from Day One. Outside, the enclosed backyard offers a private setting ideal for pets, entertaining, or unwinding after a day at the beach, while the outdoor fire pit creates a welcoming atmosphere for evening gatherings. Located in a highly sought-after beach community, this property presents an outstanding opportunity for investors and second-home buyers alike. Occupy one side while generating revenue from the other or maximize returns by leasing both units. Opportunities like this are rare in such a prime coastal location. All measurements, details, and information should be verified by buyer and/or buyer's representative.

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5220 Beach Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,232
  • Price/Sq.ft. $479
  • Lot 0.14 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: 1972

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: Barbecue,Short Term Rental Allowed

Tax Information

  • Tax Annual Amount: 2894.0
  • Tax Year: 2025

General Information

  • Parcel Number: 31750-000-000
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Special Listing Conditions: Listed As-Is

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 1232.0

General Information

  • Appliances: Electric Range,Electric Water Heater
  • Levels: One
  • Living Area Source: Appraiser
  • Rooms Total: 4
  • Stories: 1
  • Stories Total: 1
  • Units Furnished: All Units

Exterior

Lot Information

  • Lot Features: Paved
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Dimensions: 50 x 120
  • Lot Size Square Feet: 5968.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Duplex
  • Attached Garage: false
  • Construction Materials: Block
  • Mobile Dim Units: Feet
  • Roof: Shake
  • Structure Type: Duplex

General Information

  • Exterior Features: Barbecue,Outdoor Shower
  • Fencing: Fenced
  • Number Of Units Total: 2
  • Sewer: Public Sewer
  • Utilities: Electricity Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0

Room: Bedroom

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0

Room: Kitchen

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0

Room: Living Room

  • Level: First
  • Dimensions: 1 x 1
  • Length: 1.0
  • Width: 1.0

5220 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.

5220 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.

5220 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

5220 Beach Drive History

Date Event Value Agent
6/5/2026Source: Central Panhandle MLS Added to Database
June 05, 2026