On Market

5709 Beach Dr

Panama City, FL 32408, USA

List price

$520,000

4

beds

2

baths

1,620

sq ft

1999-01-01

built

Multi-Family

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Story

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET AN INSTANT LOAN QUOTE AND PRE APPROVAL

 

🌊 TURNKEY BEACHSIDE DUPLEX | RENTAL-READY INVESTMENT OPPORTUNITY 🌊

💰 Monthly Rent: ~$5,600
🏖️ Steps from the Sand | No HOA
🏡 4 Beds | 2 Baths | 1,620 Sq Ft
🏘️ Duplex | 2 Units | Built 1999
✨ Fully Furnished & Rental Ready

Beachside Duplex with Immediate Rental Potential

This fully renovated, turnkey duplex offers an exceptional opportunity for an investor looking for strong rental income with minimal additional capital expenditures. Located just steps from the beach, the property is fully furnished down to the silverware and ready for immediate occupancy or rental.

💰 Rental Performance
• Recent August rents: $3,000 + $2,600
• Current monthly rental projection: ~$5,600
• Annual property taxes: $5,177
• Annual insurance: $4,186
• HOA: $0
• Vacant and ready for rental

🔨 Property Highlights
• Two-unit configuration
• Fully renovated in 2022
• Fully furnished
• LVP flooring
• Metal roof
• Central air + ceiling fans
• Forced-air heating
• Fridge, range, dishwasher, washer, dryer & microwave included
• Driveway parking
• Quiet neighborhood
• Seller reports no major capital expenditures needed

🏖️ Location & Lifestyle
Enjoy the appeal of a beachside rental property just steps from the sand, with no HOA fees and seller-reported no flood insurance requirement.

⭐ Investor Play
This is a rental-ready duplex with established rental income, recent renovations, furnishings included, and no HOA. The combination of beach proximity, two income-producing units, and minimal anticipated capital expenditures creates multiple potential strategies for an investor.

💵 Terms
• Cash or hard money
• $5,000 EMD
• Seller motivated and accepting offers
• Reason for sale: seller looking to retire

📞 Direct Contact
Jenna: 720-280-2474
 

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Property details

27 details the seller has shared

27 details

Property

· The bones — what the buyer sees first

Bedrooms

4

Full baths

2

Finished sq ft

1,620 sq ft

Above-grade sq ft

1,620 sq ft

Year built

1999

Lot size

5,663 acres

Units

2

Property type

Multi-Family

Occupancy

Vacant

Condition (1–5)

5

Neighborhood

Quiet

County

Bay

Financials

· What it earns and what it costs to hold

Monthly rent

$5,600 /mo

Annual property tax

$5,177 /yr

Annual insurance

$4,186 /yr

Monthly HOA fee

$0 /mo

Features

· Comfort, climate, and curb appeal

Heating

Forced air

Cooling

Central air and ceiling fans

Parking

Driveway

Appliances included

Fridge, range, dishwasher, washer, dryer, microwave

Flooring

LVP

Roof

MEtal

History & terms

· Past sales, updates, and deal mechanics

Last sold price

$541,000

Last sold date

June 6, 2022

Year renovated

2022

Reason for sale

Looking to Retire!!

Owner type

Individual

Earnest deposit

5000

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