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.
Sold for $405,000 on 04/30/24
$405,000
5519 Palm Way, Panama City Beach, FL 32408
2beds
1,216sqft
Duplex, Multi Family
Built in 1983
-- sqft lot
$398,400 Zestimate®
$333/sqft
$1,786 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 12 hours ago
Listed by:
Marc A Miller 850-890-3432,
REMAX By The Sea
Bought with:
Sostheim Group
Corcoran Reverie
Source: CPAR,MLS#: 755409
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Dimensions: 17.2 x 14.9
Bedroom
- Level: First
- Dimensions: 17.1 x 14.9
Kitchen
- Level: First
- Dimensions: 8.6 x 8.8
Kitchen
- Level: First
- Dimensions: 8.8 x 8.9
Living room
- Level: First
- Dimensions: 15 x 14.9
Living room
- Level: First
- Dimensions: 15.1 x 14.1
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Electric Range, Electric Water Heater
Features
- Flooring: Luxury Vinyl Plank
Interior area
- Total structure area: 1,216
- Total interior livable area: 1,216 sqft
Property
Features
- Patio & porch: Patio
- Exterior features: Patio
- Fencing: Partial
Lot
- Size: 5,662 sqft
- Dimensions: 50 x 110
- Features: Paved
Details
- Additional structures: Shed(s)
- Parcel number: 32064000000
- On leased land: Yes
- Zoning description: Resid Multi-Family, Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Condition
- Year built: 1983
Utilities & green energy
- Utilities for property: Electricity Available, High Speed Internet Available, Water Connected
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Biltmore Beach 1st Add
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$398,400
2% more+$7,968
With Zillow Showcase(estimated)$406,368