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5220 Beach Drive
Panama City, FL 32408

$589,999 - Status: Active

Beds: 4

Baths: 2 full

SQFT (H&C): 1,232

MLS# 790852

Experience coastal living at its best with this beautifully maintained duplex just steps from Beach Access #5 and the stunning sugar-white shoreline along the Gulf. Offering a total of four bedrooms and two full baths, the property is configured as two private residences, each featuring two bedrooms and one bathroom, creating an excellent flexibility for personal use, vacation rentals, or long-term tenants. Perfect for those seeking an income-producing property or a beach getaway with added earning potential, this fully furnished duplex is move-in and rental ready from Day One. Outside, the enclosed backyard offers a private setting ideal for pets, entertaining, or unwinding after a day at the beach, while the outdoor fire pit creates a welcoming atmosphere for evening gatherings. Located in a highly sought-after beach community, this property presents an outstanding opportunity for investors and second-home buyers alike. Occupy one side while generating revenue from the other or maximize returns by leasing both units. Opportunities like this are rare in such a prime coastal location. All measurements, details, and information should be verified by buyer and/or buyer's representative.

Property Features

MLS#: 790852

Zip: 32408

Subdivision: Biltmore Beach

Development: 0323 - Beach - South Of Grand Lagoon

Property Type: Multi Unit - Multiple

Number of Units: 2

Cooling: Central Air

Days on Site: 46

Fenced: Yes

Heating: Central, Electric

Home Style: Duplex

Lot Size: 0.14 acres

Roof Type: Shake

Stories: 1.0

Taxes: $2,894

Year Built: 1972

SQFT (H&C): 1,232

Feature Descriptions

Appliances: Electric Range, Electric Water Heater

Community Features: Barbecue, Short Term Rental Allowed

Exterior: Block

Exterior Features: Barbecue, Outdoor Shower

Fencing: Fenced

Lot Description: Paved

Lot Dimensions: 50 x 120

Parcel#: 31750-000-000

Sewer: Public Sewer

Units: 2

Utilities: Electricity Available

Room Sizes

Kitchen: 1 X 1 Level - First

Living Room: 1 X 1 Level - First

Bedroom: 1 X 1 Level - First

Local Schools

High School: Arnold

Middle School: Surfside

Elementary School: Patronis

5220 Beach Drive | MLS# 790852

This multi-family property located at 5220 Beach Drive , Panama City, FL 32408 is currently listed for sale with an asking price of $589,999. Search Panama City real estate on mluke.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: LoKation Real Estate

Shown By

Agent Name: Melanie Luke
Agent Phone: (850) 919-5931
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 4:05:19 AM EST) or Emerald Coast MLS (last updated Tue 07/21/2026 12:05:20 AM EST) or Central Panhandle Association of Realtors (last updated Tue 07/21/2026 1:17:17 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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5220 Beach Drive Panama City, FL 32408