Skip main navigation
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

    List your home for rent

    $1,786/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,786/mo

    Rent Zestimate®

    Refinance and save

    $2,545/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,545/mo

    Est. payment

    What's special

    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.

    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#: 755409MLS Logo

    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