5225 Long John DR, Panama City, FL 32408
5225 Long John DR, Panama City, FL 32408
5225 Long John DR, Panama City, FL 32408
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$509,900
Est. payment /mo
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5 Beds
3 Baths
1,950 SqFt
Price Dropped by $20K

5225 Long John DR Panama City, FL 32408

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Amy McGowan

Amy McGowan

+1(850) 775-7885

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $261

Subdivision Treasure Island

MLS Listing ID 786804

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1977

Annual Tax Amount $4,020

Tax Year 2025

Property Sub-Type Quadruplex

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.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Varies by Unit

Cooling Ductless, Window Unit(s)

Fireplace No

Exterior

Parking Features Circular Driveway

Fence Full, Fenced, Partial

Community Features Short Term Rental Allowed

Roof Type Composition,Shingle

Private Pool No

Building

Additional Building Guest House

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 31487-010-000

Listed by LPT Realty LLC

Nearby Locations

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5225 Long John DR