5928 Beach Dr, PANAMA CITY BEACH, FL

$665,000

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5

Beds

3

Baths

1,963

Square feet

0.14

Acres

About 5928 Beach Dr

Proven Income-Generating Gem: Investor's Dream in Panama City Beach! Turnkey High-Earning Vacation Rental - Prime Opportunity!This 5-bedroom, 3-bathroom, single-story home is a proven cash-flow powerhouse! With a 2023 gross rental income of $93,000 and 2024 on track for similar success, this property outperforms projections year after year. Fully turnkey, it conveys all updated furnishings, decor (refreshed in 2023), and smart home features, including digital thermostats and exterior cameras. Whether you're a seasoned investor or a first-time buyer, this property is set up for seamless management and maximum occupancy, comfortably accommodating up to 12 guests.Exceptional Features Designed for High Demand " Guest-Friendly Layout: Single-story home with zero stairs, tile flooring throughout, vaulted ceilings, and stainless steel appliances. " Entertainment Spaces: Two enclosed porches, multiple dining areas, and a private backyard with a fire pit, BBQ grill, and plenty of room for outdoor fun. " Enhanced Amenities: Pet-friendly backyard, outdoor shower, a spacious laundry/utility room with a second refrigerator, and ample parking for guests. " Group-Friendly Design: Two King en-suites (one with patio access), two Queen bedrooms, and a double bunk bedroom ensure privacy and comfort for families or group bookings. Prime Location for Year-Round Bookings Known as "Pelican Paradise" on Airbnb, this rental boasts 65 reviews with a 4.62-star average rating. Located just blocks from a public boat ramp, it's perfect for water enthusiasts bringing boats or jet skis. Public beach access is nearby, with Rick Seltzer Beach Park and St. Andrews State Park just a mile away. Local dining, entertainment, and golf are within a two-mile radius, making this property an in-demand destination for vacationers. This is your chance to own a high-performing, low-maintenance investment property in the heart of Panama City Beach's vacation rental market. Don't waitcontact your real estate agent today to schedule a showing or request more details! Note: Buyer to verify all measurements and any information deemed important.

Features of 5928 Beach Dr

MLS® # 951651
Price $665,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 1,963
Acres 0.14
Year Built 1997
Type Residential
Sub-Type Detached Single Family
Style Beach House
Status Active

Community Information

Address 5928 Beach Dr
Area Bay County
Subdivision BILTMORE BEACH 1ST ADDN
City PANAMA CITY BEACH
County BAY
State FL
Zip Code 32408

Amenities

Utilities Electric Available, Public Water Available, TV Cable Available, Septic Tank
Is Waterfront No
Has Pool No
Pool Community, Private

Interior

Interior Features Ceiling Vaulted, Breakfast Bar, Ceiling Raised, Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Pantry, Renovated, Window Treatment All
Appliances Dishwasher, Microwave, Refrigerator, Cooktop, Dryer, Freezer, Oven Double, Washer
Heating Heat: Central Electric
Cooling A/C: Central Electric
Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Roof Metal, Siding Vinyl, Trim Vinyl, Trim Wood
Exterior Features Fenced Back Yard, Fenced Privacy, Patio Open, Porch Screened, Fireplace
Roof Roof Metal
Foundation Siding Vinyl

School Information

Elementary PATRONIS
Middle Surfside
High ARNOLD

Additional Information

Zoning Residential Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeBeachy Beach Real Estate

Listing Map

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