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5012 Gulf Drive , #1

Panama City Beach, FL 32408
  • $1,900,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 766283
UPDATED: 23 min ago
$1,900,000
  • 8
    BEDS
  • N/A
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,500
    SQFT
  • $543
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1973
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

**Investment Opportunity: Beachside Quadplex**SELLER WILL SELL 2 0R 3 UNITS EACH UNIT HAS ITS OWN PARCEL IDDiscover a prime investment opportunity with this turnkey quadplex, perfectly situated across a quiet street from the beach and directly at the public access. This multifamily complex is not just a property; it's a lucrative rental machine with a proven track record of success, boasting 5-star reviews on Airbnb.- **Four Units, Each with 2 Bedrooms and 2 Full Baths:** Ideal for attracting vacationers and long-term renters alike.- **Amenities:** Enjoy a refreshing pool and the convenience of no HOA fees, maximizing your investment returns.- **Recent Upgrades:** All-brick construction with two layers of elastomeric stucco and paint, plus a brand-new 2024 standing seam metal roof. Water heaters replaced in 2021 and modernized windows and doors ensure low maintenance.- **Modern Interiors:** Updated LVP flooring with thicker rubber backing for durability and comfort.- **Proven Rental Success:** This property consistently generates strong rental income, supported by its stellar 5-star Airbnb reviews from satisfied guests.- **Ample Parking:** A spacious lot with 10 designated spots (2 per unit), plus additional space for vendors or overflow.This property requires minimal upkeep with no grass or lawn service, making it an attractive option for hassle-free ownership. Financials are available upon request. Don't miss this chance to own a profitable condo complex while avoiding rising HOA fees and assessments. Invest in your future today! Seller is willing to sell only two units inquire if Intrested.

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2025-02-13T11:04:18.933.
www.revrealtyflorida.com/homes/158848567
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5012 Gulf Drive , #1 Panama City Beach, FL 32408

  • Price: $1,900,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 23 min ago
  • MLS #: 766283
8
Beds
8
Baths
0
½ Baths
N/A
Acres
3,500
SQFT
$543
$/SQFT
1973
Built
Neighborhood:
[No Recorded Subdiv]
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
**Investment Opportunity: Beachside Quadplex**SELLER WILL SELL 2 0R 3 UNITS EACH UNIT HAS ITS OWN PARCEL IDDiscover a prime investment opportunity with this turnkey quadplex, perfectly situated across a quiet street from the beach and directly at the public access. This multifamily complex is not just a property; it's a lucrative rental machine with a proven track record of success, boasting 5-star reviews on Airbnb.- **Four Units, Each with 2 Bedrooms and 2 Full Baths:** Ideal for attracting vacationers and long-term renters alike.- **Amenities:** Enjoy a refreshing pool and the convenience of no HOA fees, maximizing your investment returns.- **Recent Upgrades:** All-brick construction with two layers of elastomeric stucco and paint, plus a brand-new 2024 standing seam metal roof. Water heaters replaced in 2021 and modernized windows and doors ensure low maintenance.- **Modern Interiors:** Updated LVP flooring with thicker rubber backing for durability and comfort.- **Proven Rental Success:** This property consistently generates strong rental income, supported by its stellar 5-star Airbnb reviews from satisfied guests.- **Ample Parking:** A spacious lot with 10 designated spots (2 per unit), plus additional space for vendors or overflow.This property requires minimal upkeep with no grass or lawn service, making it an attractive option for hassle-free ownership. Financials are available upon request. Don't miss this chance to own a profitable condo complex while avoiding rising HOA fees and assessments. Invest in your future today! Seller is willing to sell only two units inquire if Intrested.
Exterior Features

Construction Materials Stucco Exterior Features Balcony Fencing Fenced Foundation Details Slab Garage YN No Patio And Porch Features Balcony Covered Patio Porch Pool Features In Ground Roof Metal View Gulf View YN Yes

Interior Features

Appliances Washer / Dryer Stacked Dishwasher Electric Range Microwave Refrigerator Cooling Central Air Cooling YN Yes Furnished Furnished Heating Central Heating YN Yes Laundry Features Stacked Parking Features Additional Parking Paved Rooms Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (First Level) Bedroom (First Level) Bedroom (First Level) Bedroom (First Level)

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Conventional Other Lot Size Dimensions 112 X80 Number Of Units In Community 4 Occupant Type Tenant Property Sub Type Quadruplex Special Listing Conditions Listed As- Is Tax Annual Amount 750 Tax Year 2023 Utilities High Speed Internet Available Waterfront YN No

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Dalton Wade Inc: (888) 668-8283. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rev Realty. Data last updated: 2025-02-13T11:04:18.933.
 
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