5519_5521 Beach Drive, Panama City, FL 32408
Property Photos
Would you like to sell your home before you purchase this one?
Priced at Only: $485,000
For more Information Call:
Address: 5519_5521 Beach Drive, Panama City, FL 32408
Property Location and Similar Properties
- MLS#: 767454 ( Residential )
- Street Address: 5519_5521 Beach Drive
- Viewed: 70
- Price: $485,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2003
- Bldg sqft: 0
- Bedrooms: 4
- Total Baths: 4
- Full Baths: 4
- Days On Market: 76
- Additional Information
- Geolocation: 30.1456 / -85.7572
- County: BAY
- City: Panama City
- Zipcode: 32408
- Subdivision: Baltimore Beach
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
- Provided by: CENTURY 21 Ryan Realty Inc
- DMCA Notice
-
DescriptionIf you have been looking to own and profit on Panama City Beach, this may be the perfect income producing property for you. Just one block from the beach, this reasonably priced duplex has no HOAs and offers a fantastic location where you and your guests can enjoy many amenities year after year. Currently rented to long term tenants, grossing $33,000, the short term rental potential would be much higher, leaving plenty of room to call this a solid investment. You may be ready to live beach side on a budget and enjoy living in one unit and renting out the other. You and your guest will enjoy high ceilings with lots of natural light, a split bedroom floor plan, a full laundry room, and open concept living and kitchen area along with an open patio and a sizable fenced in backyard for both units, so take a short walk to the beach, garden in your backyard or stay in and relax in either of these efficient two bedroom two bathroom units. This low maintenance property is a fantastic way to break into beach life. The roof was replaced in January 2019, the Water Heater in December 2024, and the Washer/Dryer in December 2018 in unit 5519. In unit 5521, the A/C was replaced in July 2017, the Washer/Dryer in June 2021, and the Water Heater in December 2024. Last but not least, the property is hooked up to public water and sewer.
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
For a Fast & FREE Mortgage Pre-Approval
Apply Now

Features
Building and Construction
- Covered Spaces: 0.00
- Fencing: Fenced
- Living Area: 1605.00
- Roof: Composition, Shingle
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Patronis
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Driveway
Utilities
- Carport Spaces: 0.00
- Cooling: Electric
- Heating: Electric
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2023
- Trash Expense: 0.00
Other Features
- Appliances: Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Refrigerator, Washer
- Furnished: Unfurnished
- Legal Description: BILTMORE BEACH (3.01) LOT 3A BLK K DESC AS: COM AT NLY COR LOT 3 SELY 25.55' FOR POB TH SELY 24.50' TO NLY COR LOT 3 SWLY 109.85' TO WLY COR LOT 3 NWLY 24.50' NELY 109.88' TO POB ORB 2236 P 47
- Area Major: 03 - Bay County - Beach
- Occupant Type: Occupied
- Parcel Number: 31858-000-000
- Style: Duplex
- The Range: 0.00
- Views: 70
Similar Properties
Nearby Subdivisions
[no Recorded Subdiv]
A W Pledger Panama City Beach
Baltimore Beach
Bay Point Unit 1
Beachcrest
Bel Air
Biltmore Beach
Biltmore Beach 1st Add
Crescent Beach Unit 1
Cresent Bch Unit 1
Delwood Point At The Preserve
Dragon's Ridge Corrctd
Emerald Pointe Resort
Grand Lagoon Pointe
Grand Lagoon Shores 1
Grand Lagoon Shores 2
Grand Lagoon Shores 7
Greentree Unit-1
Hidden Lagoon
Hidden Pines Phase Vi
Holiday Beach On The Gulf
Holiday Beach Unit 14
Holiday Beach Unit 15
Holiday Beach Unit 16
Holiday Beach Unit 6
Holiday Beach Unit 8
Lagoon Oaks
Landward Townhouses
Leeward Tower Townhouse
Magnolia Bay Club
Magnolia Beach 2nd Add
Marlin Place
Mimosa Place
No Named Subdivision
North Lagoon Heights Phase Ii
North Lagoon Oaks
North Lagoon Oaks 8th Add
North Lagoon Oaks 9th
Palm Bay Unit 4
Palm Bay Unit 6
Panama Dunes
Pines Subdivision
Preserve On The Bay Ph I
Preserve On The Bay Ph Ii
Sanctuary Beach
Sand Dollar Estates
Silver Sands Unit 2
Sugar Shack Condo
Thomas Drive Park U-3
Treasure Cove
Treasure Island
Venture Out Travel Trail

- Christa L. Vivolo
- Tropic Shores Realty
- Office: 352.440.3552
- Mobile: 727.641.8349
- christa.vivolo@gmail.com