Property Details

Listing # 951651 Details

$675,000
5928 Beach Drive
Panama City Beach, FL 32408

Property Inquiry

Contact Karen Smith about this property!

*Required

1,963 Sq Ft.
Built 1997
5 Bed
3 Bath

Property Details

Income-Generating Gem: Investor's Dream in Panama City Beach! Turnkey High-Earning Vacation Rental - Prime Opportunity!This 5-bedroom, 3-bathroom, single-story home is a proven cash-flow powerhouse! With a 2023 gross rental income of $93,000 and 2024 on track for similar success, this property outperforms projections year after year. Fully turnkey, it conveys all updated furnishings, decor (refreshed in 2023), and smart home features, including digital thermostats and exterior cameras. Whether you're a seasoned investor or a first-time buyer, this property is set up for seamless management and maximum occupancy, comfortably accommodating up to 12 guests. Exceptional Features Designed for High Demand
" Guest-Friendly Layout: Single-story home with zero stairs, tile flooring throughout, vaulted ceilings, and stainless steel appliances.
" Entertainment Spaces: Two enclosed porches, multiple dining areas, and a private backyard with a fire pit, BBQ grill, and plenty of room for outdoor fun.
" Enhanced Amenities: Pet-friendly backyard, outdoor shower, a spacious laundry/utility room with a second refrigerator, and ample parking for guests.
" Group-Friendly Design: Two King en-suites (one with patio access), two Queen bedrooms, and a double bunk bedroom ensure privacy and comfort for families or group bookings.

Prime Location for Year-Round Bookings

Known as "Pelican Paradise" on Airbnb, this rental boasts 65 reviews with a 4.62-star average rating. Located just blocks from a public boat ramp, it's perfect for water enthusiasts bringing boats or jet skis. Public beach access is nearby, with Rick Seltzer Beach Park and St. Andrews State Park just a mile away. Local dining, entertainment, and golf are within a two-mile radius, making this property an in-demand destination for vacationers.

Added Value for Buyers: The motivated seller is offering $800 toward a home warranty at closing, providing peace of mind for the next owner.

This is your chance to own a high-performing, low-maintenance investment property in the heart of Panama City Beach's vacation rental market. Don't waitcontact your real estate agent today to schedule a showing or request more details!

Note: Buyer to verify all measurements and any information deemed important.

COUNTY Bay
SUBDIVISION BILTMORE BEACH 1ST ADDN
PARCEL ID 32122-000-000
TYPE Detached Single Family
STYLE Beach House
ACREAGE 0
LOT ACCESS N/A
LOT SIZE 50x120
HOA INCLUDE N/A
HOA FEE N/A
UTILITIES Electric,Public Water,Septic Tank,TV Cable
PROJECT FACILITIES N/A
ZONING Resid Multi-Family
PARKING FEATURES N/A
APPLIANCES Cooktop,Dishwasher,Dryer,Freezer,Microwave,Oven Double,Refrigerator,Washer
ENERGY AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
INTERIOR Breakfast Bar,Ceiling Raised,Ceiling Vaulted,Floor Tile,Furnished - All,Lighting Recessed,Newly Painted,Pantry,Renovated,Window Treatment All
EXTERIOR Fenced Back Yard,Fenced Privacy,Fireplace,Patio Open,Porch Screened
ROOM DIMENSIONS Bedroom : 16 x 17
Bedroom : 10 x 11
Bedroom : 11 x 12
Bedroom : 12 x 13
Bedroom : 12 x 15
Kitchen : 12 x 20
Living Room : 12 x 19
Dining Area : 12 x 8
Laundry : 8 x 8

Schools

Elementry, Patronis
Middle, Surfside
High, Arnold

Location & Map

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