See Home Value
$700,000
● House - Off Market

5928 Beach Drive

Panama City Beach, FL 32408
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,963 Ft²
$807,305
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

ALREADY THE LOWEST-PRICED 5 BR THAT IS WALKABLE TO THE BEACH, SELLER IS ALSO OFFERING 2% IN CREDIT AT CLOSING!

This FANTASTIC property made its owners $118,000 IN RENTAL INCOME last year! Turnkey and ready to rent, this 5/3 has been UNDUPLEXED and is now ONE property with a HUGE KITCHEN, stainless steel appliances, ''wood look'' CERAMIC TILE floors, tasteful BEACH DECOR, comfy beds, all the kitchen necessities, SCREENED IN BACK PORCH (which everyone loves!), and a lovely backyard with paved and grassy areas for entertaining. Includes NEW washer, dryer, and dishwasher, a smart thermostat, 2 exterior flood light cameras, and smart lock. RECENTLY COMPLETELY PAINTED INSIDE. Roof is only 7 years old.
Unit Size
1,963 Ft²
Days on Market
55 days
Land Size
0.14 acres
Price per sqft
$390
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1997

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Last updated: 3 days ago ( #731217)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Sold
Apr 9, 2025 In contract -
In contract
Apr 3, 2025 Price Decreased $630,000
↓ $5K (0.8%)
Price Decreased
Mar 14, 2025 Price Decreased $635,000
↓ $3K (0.4%)
Price Decreased
Feb 28, 2025 Price Decreased $637,500
↓ $23K (3.4%)
Price Decreased
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,924
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,986
  • Gross Building Area: 1,986
  • Building Area: 1,986
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,986
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BILTMORE BEACH
  • Land Acres: 0000000136
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: BILTMORE BEACH 1ST ADD LOT 23 BLK K ORB 4642 P 1683

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002606

Zoning

  • Zoning: BC17

Geography

  • Parcel: 32122-000-000
  • Block: K
  • Lot: 23
  • Meridian: SEC 16 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1493
  • Longitude: -85.7611

    Address

  • Full Address: 5928 Beach Dr
  • Address - House Number: 5928
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C011
  • 4-Digit Zip Code: 6503
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 2,018
  • Tax Year: 2023
  • Tax Amount: $482,589
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 633,758
  • High Value: 787,468
  • Low Value: 480,048

    Market Valuation

  • Market Total Value: $382,792
  • Market Land Value: $156,800
  • Market Improvement Value: $225,992

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,792
  • Assessed Land Value: $156,800
  • Assessed Improvements Value: $225,992

    Sales

  • Current Sale Contract Date: Nov 04, 2022
  • Current Sale Recording Date: Nov 08, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 81230
  • Previous Sale Recording Date: Feb 10, 2021
  • Previous Sale Contract Date: Feb 09, 2021
  • Previous Sale Amount: $347,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Biltmore Beach


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Frequently Asked Questions

When was property at 5928 Beach Drive built and last sold?
The property at 5928 Beach Drive was built in 1997 and last sold on Nov 4, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 5928 Beach Drive is $727,159.
What are some comparable homes to 5928 Beach Drive?
There are currently no comparable homes to 5928 Beach Drive.