Larry Levin, Realtor
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5225 Long John Drive , Panama City, FL 32408

$529,900
  • 5225 Long John Drive , Panama City, FL 32408 Main Photo

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Active
BEDS5 BATHS3 full SQUARE FEET1,950 MLS#786804
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONTreasure Island

Property Description

Discover the potential of this unique quadplex property situated on a spacious lot with a convenient circular driveway that easily accommodates six vehicles. Perfectly positioned near the beautiful Emerald Coast, marinas, and local waterfront attractions, this property offers both immediate rental income potential and exciting possibilities for future expansion. Currently configured as a four-unit property featuring one larger three-bedroom unit along with three efficiency units, this versatile layout provides flexibility for long-term rentals, short-term vacation stays, workforce housing, or a combination of income streams. With a little TLC and vision, the property may offer the opportunity to reconfigure or expand to five or even six units, creating even greater income potential. The generous lot and circular drive make access and parking easy for tenants and guests, while the location places residents just minutes from some of the area's most desirable destinations. Enjoy close proximity to St. Andrews State Park, the beach, marinas, boat launches, waterfront dining, shopping, and entertainment, making this an appealing property for both residents and vacation renters. Whether you are an investor looking to increase cash flow, expand your portfolio, or develop a coastal income property, this opportunity offers endless possibilities in a highly sought-after coastal location. Don't miss the chance to bring your vision to life and maximize the potential of this multi-unit property near the water and the heart of everything the Emerald Coast has to offer.

5225 Long John Drive | MLS# 786804

This multi-family property located at 5225 Long John Drive , Panama City, FL 32408 is currently listed for sale with an asking price of $529,900. Search Panama City real estate on www.livelovephilly.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ductless, Window Unit(s)
Fenced: Yes
Heating: Varies by Unit
Lot Size: 0.13 Acres
Roof Type: Composition, Shingle
Taxes: $4,020
Year Built: 1977

Feature Descriptions

Community Features: Short Term Rental Allowed
Days on Site: 22
Fencing: Full, Fenced, Partial
Lot Dimensions: 50x113
Parcel#: 31487-010-000
Parking: Circular Driveway
Parking Notes: Circular Driveway

Room Sizes

Dining Room: 9 X 8 Level - First
Living Room: 16 X 12 Level - First
Bedroom: 10 X 8 Level - First
Bedroom: 12 X 13 Level - First
Bedroom: 12 X 9.5 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: LPT Realty LLC

Shown By

Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark

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Estimated Payment

$ 1,668.88 per month $1,179.33 Principal & Interest $335.00 Property Tax $154.55 Homeowner's Insurance

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