5928 Beach Drive, Panama City Beach, FL 32408

$625,000
5
BD
3
BA

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Sold Price
$625,000
List Price
$630,000
Closing Date
May 30, 2025
MLS#
756259
Bedrooms
5
Bathrooms
3
Full-baths
3
Acres
0.14
Lot Size
6,000
Subdivision
Biltmore Beach 1st Add
Year Built
1997

Property Description

Proven 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! Fully turnkey, it conveys all updated furnishings, décor (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 4.64-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. 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 wait—contact your real estate agent today to schedule a showing or request more details! Note: Buyer to verify all measurements and any information deemed important.

Additional Information

Exterior Features
Patio, Outdoor Shower, Porch
Lot Dimensions
50x120
Appliances
Electric Cooktop, Electric Oven, Electric Water Heater
Elementary School
Patronis
Middle School
Surfside
High School
Arnold

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Beachy Beach Real Estate. Selling Office: EXP Realty LLC.