5218 Beach Drive
Panama City, FL 32408
5
Bed
6
Bath
0.27Acre(Lot)
Attention investors! Income-producing triplex just a short walk to the beach in PCB (4 min walk to Schooners). Perfect for short-term rentals, vacation stays, or long-term tenants. Properties this close to the sand rarely hit the market--strong rental potential and multiple income streams! A - 1 bed + loft, 2 baths. B - 2 bed, 2 bath. C - 2 bed, 2 bath.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 6 Full Baths: 6Room Information
Rooms Total: 5 -
Interior Features
Appliances: ElectricCooktop, ElectricRange, ElectricWaterHeater -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans
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Building Information
Year Built: 1992Building Area Total: 2919Construction Materials: Stucco, VinylSidingStories: 2Patio And Porch Features: BalconyPrivate Pool: No
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Lot Information
Lot Dimensions: 104x60 Main Square Feet: 0.27 Lot Size Acres: 0.27 Lot Size Square Feet: 11,674Property Information
Subdivision: Biltmore Beach Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Triplex Levels: Two Property Age: 34
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Listing Price Information
Listing Price: $750000Original Price: $845000
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Tax Information
Parcel Number: 31748-000-000 Tax Year: 2025 Annual Tax: $4560 Tax Legal Desc: BILTMORE BEACH LOT 3 BLK D ORB 3695 P 2130 (SUBJ SEW ESMT ORB3780 P 2189)
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School Information
Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold -
Utility Information
ElectricityAvailable -
Location Information
Direction: From Highway 98 turn onto Thomas Drive heading south - turn right onto Beach Drive, property will be located on the right.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4601 Magnolia Beach Road, Panama City, FL, 32408 | $535,000 | 3 | 2 | 1,840 | 9,947 Sqft |
| 3513 Cottage Cove Lane, Panama City, FL, 32408 | $579,000 | 4 | 3 | -- | 0.07 Acre |
| 3515 Cottage Cove Lane, Panama City, FL, 32408 | $568,999 | 4 | 3 | -- | 0.07 Acre |
| 109 Dragon Circle, Panama City, FL, 32408 | $1,195,000 | 5 | 5 | -- | 0.48 Acre |
| 3730 Preserve Bay Boule.., Panama City, FL, 32408 | $8,475,000 | 5 | 10 | -- | 3 Acres |
| 124 Legend Lakes Drive, Panama City, FL, 32408 | $895,000 | 4 | 3 | -- | 0.51 Acre |
| 100 Legend Lakes Drive, Panama City, FL, 32408 | $799,900 | 3 | 2 | -- | 0.34 Acre |
| 117 Legend Lakes Drive, Panama City, FL, 32408 | $799,000 | 3 | 3 | -- | 0.34 Acre |
| 4100 Marriott Drive #208, Panama City, FL, 32408 | $419,900 | 2 | 2 | -- | -- |
| 4601 Magnolia Beach Road, Panama City, FL, 32408 | $499,999 | 3 | 2 | -- | 0.23 Acre |
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ByOwner last updated this listing 09/09/2026 @ 03:12
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