5228 Beach Dr, Panama City, FL 32408

5228 Beach Dr, Panama City, FL 32408

4 beds 4 baths 2,560 Sqft

Overview Neighborhood Amenities Price details

$1,200,000 $469/sf Earn $24,000

5 days on Market

$1,200,000

Credit Back up to $24,000*
$468.75/sf

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Description:

Active - Multi Family for sale

Income-Producing Quadplex - Steps from the Beach! Incredible opportunity to own a fully renovated multi-family property just steps from the Gulf of Mexico! This 4-unit quadplex is located in prime spot in Panama City Beach and offers both long-term tenants or short-term vacation rentals. Units have been updated and well-maintained, offering turnkey readiness for investors or owner-occupants looking to house hack. Property Highlights: - 4 individual 1BR/1BA units - shared laundry room in back of building - 3 units have new HVAC - All units have new hot water heaters -Just a short walk to the beach -Income-producing with strong rental history potential -Ideal for Airbnb, long-term rental, or seasonal use -Parking available for all units -Close to shops, restaurants, and local attractions Additional Info: - Serious Inquiries Only - Currently occupied by short term guest; showings will be scheduled around existing bookings. - All existing bookings through July will be honored.

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Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Status: Active

Listed Date: 06/26/2025

Days On Market: 5

Tax:

Parcel Number: 31424-515-000

Score:

-panama city-for-sale-5228 beach dr, panama city, fl 32408-17052130

Mortgage All cash

Monthly expenses $9,677

Property Tax $2,000

HOA Fee $0

Homeowners Insurance $320

Due at Close $1,158,000

List price $1,200,000

Closing costs $18,000

beycome Pre-paid title settlement fee: $199Learn more

beycome Credit Est. $24K

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Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
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Customer reviews

Barbara Bezerra, Miami, FL

The service that was provided by you and you're broker has been outstanding!
Thank you

Marc & Staci K., Loxahatchee, Fl

Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.

Rufus H, Ocala, Fl

My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200

Ndakhte N. Oakland Park, FL

Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...

June M. Jacksonville, Fl

You and I did great. It is now rented. I only spend $40 with your company and saved $1,650.00 by not using a realtor. You were great and hope u feel better. Please remove all ads. Thanks from the bottom of my heart. June 2016