5105 Beach Drive #A & B

Panama City, FL 32408
$589,000
2150 sqft | 4 beds | 4 baths | 0.12 acres | #764546

Description

Welcome to this beautifully designed and well-maintained duplex located just a walk away from the most beautiful sugar-sand beaches in the world, a prime choice for families and tourists alike.This multi-family home sits on a large corner lot. Each unit welcomes you with an arched front entrance that leads inside into a bright living room with a half vaulted ceiling, a skylight, a ceiling fan and 2 large windows, all of which enhances the natural light. Nice kitchen comes with lots of cabinets and a pantry. Each unit has 2 bedrooms with the ceiling fans and large closets, 2 full bathrooms with shower tubs and impressive skylights. Larger bedroom has a sliding door leading to the back porch. There is a separate laundry room with a sink and plenty of storage space. Nice relaxing screened porch with a fan and a big fenced backyard is great for outdoor activities. An outdoor shower on each side is a thoughtful addition, useful after a trip to the beach.Parking is a breeze with the concrete driveways accommodating 2 vehicles per unit, with additional large space on the side of the lot for other vehicles. This duplex is located in the desirable Lower Grand Lagoon area and presents great investment opportunities with high rental demand.Live in one unit and rent the other, or capitalize on its potential for both short-term and long-term rentals.Only a 4-minute walk(0.2 miles) to the beach or to Schooner's restaurant and 2-minute drive (0.7 miles) to St. Andrews Park. It's also only 2-3 minutes drive to Yachts, Cruises, Deep Sea Fishing Tours, boat rentals.Brand new 2024 roof with 3 skylights in each unit.Unit A: Long term lease 1,600/mo. expires 06/30/2025. It has 2011 HVAC, 2024 water heater, Carpet floors, Vinyl plank floor in a kitchen and vinyl in the bathrooms.Unit B: 2021 HVAC and 2018 water heater, newly painted interior, vinyl plank floors.This is your chance to own a great income generating property in the city's hottest spot, just steps away from the stunning beach. Schedule your showing today!
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  • Interior Details
    • Interior Features
      • Interior:High Ceilings, Pantry, Skylights, Vaulted Ceilings
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Property
      • Stories:1
      • Lot description:Corner Lot
      • Exterior materials:Outdoor Shower, Porch
    • Measurements
      • Acres:0.12
      • Square Feet:2150
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Style:Duplex
    • Condition
      • Year built:1991
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Septic Tank
      • Utility features:Electricity Connected, Septic Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:Treasure Island
    • Location
      • Elementary School:Patronis
      • Middle School:Surfside
      • High School:Arnold
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):19
      • Taxes annual:$3, 804
  • Other
    • Source
      • MLS #:764546

Location

Roy FurstReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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