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5519 Palm Way

Panama City Beach, FL 32408
  • $400,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 755409
UPDATED: 82 min ago
$400,000
  • 2
    BEDS
  • 0.13
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,216
    SQFT
  • $329
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1983
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Discover the perfect investment opportunity with this charming duplex, boasting a desirable location that's just a leisurely stroll from the soft sandy shores. With one bedroom and one bathroom on each side, this property can be used in many ways: long term tenants, short term rentals, house hacking, or use one as a 2nd home while the other unit helps pay for the expenses. Unit A is was updated in 2018 and is currently rented month-to-month for $1400. The unit features LVP flooring, stainless steel appliances, and comes with the washer and dryer. Unit B just finished a remodel and features LVP flooring, new cabinets, quartz countertops, new appliances and custom trim throughout. Whether you're looking to grow your rental portfolio or secure a flexible coastal property that caters to multiple rental strategies, this duplex holds the key to an enviable lifestyle investment.

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© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes & Gardens Real Estate Emerald Coast. Data last updated: 2024-05-24T23:04:06.76.
www.bealocaldestin.com/homes/149314941
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5519 Palm Way Panama City Beach, FL 32408

  • Price: $400,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 82 min ago
  • MLS #: 755409
2
Beds
2
Baths
0
½ Baths
0.13
Acres
1,216
SQFT
$329
$/SQFT
1983
Built
Neighborhood:
Biltmore Beach 1St Add
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
Discover the perfect investment opportunity with this charming duplex, boasting a desirable location that's just a leisurely stroll from the soft sandy shores. With one bedroom and one bathroom on each side, this property can be used in many ways: long term tenants, short term rentals, house hacking, or use one as a 2nd home while the other unit helps pay for the expenses. Unit A is was updated in 2018 and is currently rented month-to-month for $1400. The unit features LVP flooring, stainless steel appliances, and comes with the washer and dryer. Unit B just finished a remodel and features LVP flooring, new cabinets, quartz countertops, new appliances and custom trim throughout. Whether you're looking to grow your rental portfolio or secure a flexible coastal property that caters to multiple rental strategies, this duplex holds the key to an enviable lifestyle investment.
Exterior Features

Architectural Style Contemporary Attached Garage YN Yes Exterior Description Cement Siding Exterior Features Deck Porch RVHookup RVParking Foundation Details Slab Garage Type Attached Lot Features Level Parking Features Driveway RVAccess Parking Parking Total 2 Road Surface Type Paved Roof Composition View YN No

Interior Features

Appliances Disposal Free Standing Gas Range Free Standing Refrigerator Range Hood Basement Crawl Space Bathrooms Full Lower Level 0 Bathrooms Full Main Level 2 Bathrooms Full Upper Level 0 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 0 Bathrooms Partial Upper Level 0 Cooling Central Air Cooling YN Yes Dining Room Features Sliding Doors Dining Room Level Main Heating Forced Air Heating YN Yes Interior Features Vinyl Floor Wallto Wall Carpet Kitchen Features Disposal Eat Bar Pantry Kitchen Features Cont Free Standing Range Free Standing Refrigerator Kitchen11 Level Main Living Room Features Ceiling Fan Living Room Features Cont Vinyl Floor Living Room Level Main Lower Level Area Total 0 Main Level Area Total 1563 Primary Bedroom Features Bathroom Primary Bedroom Features Cont Bathtub With Shower Double Sinks Walkin Closet Primary Bedroom Level Main Second Bedroom Level Main Third Bedroom Level Main Upper Level Area Total 0 Window Features Vinyl Frames

Property Features

Association YN No Bank Owned YN No Farm YN No Fuel Description Gas Green Certification YN No Home Warranty YN No Hot Water Description Gas IDXAddress Display YN Yes Listing Terms Cash Conventional New Construction YN No Property Attached YN No Property Condition Approximately Property Sub Type Single Family Residence RVDescription RVHookup RVParking Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 2507.91 Tax Year 2023 Water Source Public Water

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Re/Max By The Sea: (850) 424-3674. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes & Gardens Real Estate Emerald Coast. Data last updated: 2024-05-24T23:04:06.76.
 
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