Coastal Retreat on 1.5 Lots - Steps from the Gulf! Income Potential + Endless PossibilitiesWelcome to your dream beachside haven! Whether you're looking for a high-performing investment property, a serene secondary escape, or your forever home by the sea, this coastal gem checks every box. Perfectly situated just a short stroll from the sparkling Gulf, this beautiful home sits on an expansive 1.5 lots--offering space, flexibility, and charm that's hard to find.Inside, you'll find an inviting layout that feels like a true getaway. An enclosed porch has been thoughtfully transformed into a game room, perfect for entertaining guests or relaxing with family after a day in the sun. Step outside to enjoy the deck and gazebo, ideal for star gazing, wine time, or lively family gatherings.The extra half lot is a true bonus--use it to build a mother-in-law suite, park your RV or boat, or design your dream pool and outdoor oasis.Every detail has been carefully considered to create a warm, welcoming space where memories are made and guests feel at home. The home has also proven to be a strong rental performer, making it a smart investment as well as a lifestyle upgrade.Don't miss your chance to own a piece of paradise with walkable beach access, versatile living space, and income potential all in one perfect package.Schedule your private showing today and come see why everyone wants to gather here before heading out to the beach.
For sale
Price cut: $400 (7/4)
$514,000
5723 Sunset Ave, Panama City Beach, FL 32408
3beds
1,502sqft
Est.:
Single Family Residence
Built in 1995
10,454.4 Square Feet Lot
$501,200 Zestimate®
$342/sqft
$-- HOA
What's special
Versatile living spaceWarm welcoming spaceDeck and gazeboSteps from the gulf
- 52 days
- on Zillow |
- 249 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: July 04, 2025 at 04:04am
Listed by:
Renee Redfern 850-832-4003,
Think Real Estate
Source: CPAR,MLS#: 773748
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Loft, Living Room, Primary Bedroom, Bonus Room
Primary bedroom
- Level: First
- Area: 210
- Dimensions: 15 x 14
Living room
- Level: First
- Area: 400
- Dimensions: 20 x 20
Loft
- Level: Second
- Area: 132
- Dimensions: 12 x 11
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Features
- Cathedral Ceiling(s), Fireplace, Loft
- Windows: Double Pane Windows
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total interior livable area: 1,502 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Driveway, Garage, Garage Door Opener, Oversized, Paved
- Attached garage spaces: 1
- Has uncovered spaces: Yes
- Details: Driveway Spaces:3.00
Features
- Patio & porch: Covered, Porch
- Exterior features: Sprinkler/Irrigation, Storm/Security Shutters, Rain Gutters
- Pool features: None
- Fencing: Privacy
Lot
- Size: 10,454.4 Square Feet
- Dimensions: 63.59 x 75.14 x 50.31 x 120.03 x 99.96
Details
- Additional structures: Gazebo
- Parcel number: 31882000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 1995
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Tank
- Utilities for property: Septic Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Biltmore Beach
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $342/sqft
- Tax assessed value: $338,804
- Annual tax amount: $4,204
- Date on market: 5/19/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
- Loading
- Loading