5817 Sunset AVE Panama City, FL 32408
4 Beds
3 Baths
1,988 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,988 sqft
Price per Sqft $452
Subdivision Biltmore Beach 1St Add
MLS Listing ID 791207
Style Coastal
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 2020
Annual Tax Amount $6,446
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Single Family Residence
Property Description
Welcome to the ultimate coastal setup and a massive financial opportunity--with absolutely NO HOA fees! Perfectly situated in a highly desirable pocket of Lower Grand Lagoon, this newer construction property puts you in the ultimate sweet spot: perfectly nestled between the open waters of the Grand Lagoon and the world-famous white sand beaches of the Gulf. Sitting safely in unincorporated Bay County also keeps your property taxes lower and your property rights greater than inside city limits, offering highly favorable, flexible rental rules and zoning. You have the ultimate freedom to park your toys and run your property your way.
You are centrally located to the area's best dining and entertainment, you are also just a short drive to the award-winning St. Andrews State Park--a pristine paradise where you can completely escape into nature and enjoy true solitude. On top of the unbeatable location, you are just 3 blocks from the premier boat ramp in the area, letting you get from your driveway to the water in minutes.
Offering a generous 2,002 square feet of modern interior living space, this property is masterfully designed as two separate, independent dwellings. This creates the perfect layout to live comfortably in the larger, spacious upper main home while generating immediate passive income from the independent lower suite. The lower dwelling is a proven cash-flow producer with a verified annual rental history and an upward-trending trajectory. Furniture is negotiable, making this the perfect turnkey setup to immediately jumpstart your rental stream or move right in with many brand-new items already in place.
The property also boasts a massive, fully finished 700-square-foot oversized double garage engineered to double as an incredible recreation area or game room. Outside, the heavy-duty, extra-wide 49' length x 25' width driveway is custom-built to effortlessly park a large boat trailer, center console, or full-sized RV with room to spare, complete with a professional dedicated 50-amp electric hookup to power your rig or marine craft.
Your private outdoor resort experience comes alive with over 800 square feet of expansive wrap-around decks and porches, offering a lovely peek-a-boo view of the shimmering Gulf waters and the ultimate setup for open-air dining, entertaining, or catching the sea breeze. These massive porch spaces overlook a fully privacy-fenced backyard. Designed with the plumbing and septic strategically placed in the front yard, the back is completely open and perfectly cleared for an inground swimming pool or a large lawn area for kids and pets to play. The yard already features a matching exterior storage building that is perfectly positioned to be easily converted into your own custom tiki bar, pool house, or surf shack. Complete with a built-in sprinkler system, outdoor shower, and a durable metal roof, this newer home is completely turnkey and ready for its next chapter.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Double Vanity, Upper Level Primary, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Appliance Electric Oven, Electric Water Heater
Exterior
Exterior Feature Outdoor Shower
Parking Features Garage, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Fence Partial, Privacy
Community Features Short Term Rental Allowed
Utilities Available Cable Connected, Electricity Available, Underground Utilities
View Other
Roof Type Metal
Porch Balcony
Private Pool No
Building
Lot Description Sprinkler System
Foundation Slab
Architectural Style Coastal
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Senior Community No
Restrictions Short Term Rentals Allowed
Tax ID 31971-000-000
Security Features Smoke Detector(s)
Special Listing Condition Listed As-Is
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