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5408 Hilltop Avenue

Panama City Beach, FL 32408
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Bed 3

Bed

Bath 2

Bath

Acres0.14

Acre(Lot)

Modern coastal flip potential with major big-ticket items already addressed -- including architectural concept drawings. This deep 120' lot offers room for a pool and endless possibilities for redesign and expansion. Property has been 90% stripped to the studs and is ready for transformation, allowing the next owner to customize the layout and finishes from the ground up for maximum space efficiency and value. New septic installed May 2026, HVAC replaced in 2022, and roof replaced in 2018/2019 following Hurricane Michael. Previously appraised at $270,000 in December 2025, prior to interior demo and redesign phase. Seller intended to complete renovation, but personal circumstances have shifted plans, creating an excellent opportunity for an investor, flipper, or developer to step in and ca pitalize. NOT located in a flood zone, buyer to verify. Seller open to financing w/30% down. Sold AS-IS.

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Detail Ic Property Details

Property Type : Residential

Price : $279,000

AD Id : 78235567

MLS Id : 789639

Beds : 3

Lot Size : 0.14 Acre

Year Built : 1969

Garage : 2

County : Bay

Subdivision: Bay Island

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 3

    Roofing Information

    Metal
  • Interior Features

    MainLevelPrimary
    Roof: Metal
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1969
    Building Area Total: 1100
    Private Pool: No

  • Lot Information

    Lot Dimensions: 00x00 Main Square Feet: 0.14 Lot Size Acres: 0.14 Lot Size Square Feet: 6,098 Lot Description: Paved

    Property Information

    Subdivision: [No Recorded Subdiv] Source Property Type: Residential MLS Area Minor: 0318 - Beach - Central South Property SubType: Single Family Residence Property Age: 57

  • Listing Price Information

    Listing Price: $279000

  • Tax Information

    Parcel Number: 31831-000-000 Tax Year: 2025 Annual Tax: $489 Tax Legal Desc: BILTMORE BEACH LOT 5 BLK I ORB 1288 P 1046 MAP 70B2

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School: Breakfast Point Junior High School: Breakfast Point Senior High School: Bay
  • Location Information

    Direction: Turn north onto Biltmore Drive from Thomas Drive. Continue about 0.2 miles and turn right onto Hilltop Avenue. Continue down Hilltop Ave. 5408 Hilltop Avenue will be on the left-hand side
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ByOwner last updated this listing 06/19/2026 @ 19:16

MLS: 789639 LISTED BY: Stephen Hachey, Lowest Fee Realty LLC 813-213-4477 SOURCE: CPAR

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