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5817 Sunset Avenue

Panama City, FL 32408
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Bed 4

Bed

Bath 3

Bath

Acres0.14

Acre(Lot)

This newer construction offers flexible living options with a main home and an independent suite ideal for multi-generational living or income generation. Welcome to the ultimate coastal setup and a massive financial opportunity--with absolutely NO HOA fees! Perfectly situated in a highly desirable pocket of Lower Grand Lagoon, this newer construction property puts you in the ultimate sweet spot: perfectly nestled between the open waters of the Grand Lagoon and the world-famous white sand beaches of the Gulf. Sitting safely in unincorporated Bay County also keeps your property taxes lower and your property rights greater than inside city limits, offering highly favorable, flexible rental rules and zoning. You have the ultimate freedom to park your toys and run your property your way. You are centrally located to the area's best dining and entertainment, you are also just a short drive to the award-winning St. Andrews State Park--a pristine paradise where you can completely escape into nature and enjoy true solitude. On top of the unbeatable location, you are just 3 blocks from the premier boat ramp in the area, letting you get from your driveway to the water in minutes. Offering a generous 2,002 square feet of modern interior living space, this property is masterfully designed as two separate, independent dwellings. This creates the perfect layout to live comfortably in the larger, spacious upper main home while generating immediate passive income from the independent lower suite. The lower dwelling is a proven cash-flow producer with a verified annual rental history and an upward-trending trajectory. Furniture is negotiable, making this the perfect turnkey setup to immediately jumpstart your rental stream or move right in with many brand-new items already in place. The property also boasts a massive, fully finished 700-square-foot oversized double garage engineered to double as an incredible recreation area or game room. Outside, the heavy-duty, extra-wide 49' length x 25' width driveway is custom-built to effortlessly park a large boat trailer, center console, or full-sized RV with room to spare, complete with a professional dedicated 50-amp electric hookup to power your rig or marine craft. Your private outdoor resort experience comes alive with over 800 square feet of expansive wrap-around decks and porches, offering a lovely peek-a-boo view of the shimmering Gulf waters and the ultimate setup for open-air dining, entertaining, or catching the sea breeze. These massive porch spaces overlook a fully privacy-fenced backyard. Designed with the plumbing and septic strategically placed in the front yard, the back is completely open and perfectly cleared for an inground swimming pool or a large lawn area for kids and pets to play. The yard already features a matching exterior storage building that is perfectly positioned to be easily converted into your own custom tiki bar, pool house, or surf shack. Complete with a built-in sprinkler system, outdoor shower, and a durable metal roof, this newer home is completely turnkey and ready for its next chapter.

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Detail Ic Property Details

Property Type : Residential

Price : $799,999

AD Id : 83807303

MLS Id : 791207

Beds : 4

Lot Size : 0.14 Acre

Year Built : 2020

Garage : 2

County : Bay

Subdivision: Jupiter Farms

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 13

    Roofing Information

    Metal
  • Interior Features

    DoubleVanity, UpperLevelPrimary, WalkInClosets
    Roof: Metal
    Appliances: ElectricOven, ElectricWaterHeater
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans

  • Building Information

    Year Built: 2020
    Building Area Total: 1988
    Construction Materials: HardiplankType, WoodFrame
    Patio And Porch Features: Balcony
    Private Pool: No
    View: Other
  • Exterior Features

    Exterior Features: OutdoorShower

  • Lot Information

    Lot Dimensions: 50x120 Main Square Feet: 0.14 Lot Size Acres: 0.14 Lot Size Square Feet: 6,098 Lot Description: SprinklerSystem

    Property Information

    Subdivision: Biltmore Beach 1st Add Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Zoning Description: County Property SubType: Single Family Residence Property Age: 6

  • Listing Price Information

    Listing Price: $799999
    Original Price: $899000

  • Tax Information

    Parcel Number: 31971-000-000 Tax Year: 2025 Annual Tax: $6446 Tax Legal Desc: BILTMORE BEACH 1ST ADD LOT 6 BLK A ORB 4377 P 395

  • School Information

    Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold
  • Utility Information

    CableConnected, ElectricityAvailable, UndergroundUtilities
  • Location Information

    Direction: South on Thomas Drive, pass Rick Seltzer Park, left on Dolphin, just before Regency Towers, then right on Sunset, house on your right Security Features: SmokeDetectors
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ByOwner last updated this listing 07/27/2026 @ 14:46

MLS: 791207 LISTED BY: Chris Overman, Dalton Wade Inc 888-668-8283 SOURCE: CPAR

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