7328 Beach Drive, Panama City Beach, FL 32408

$390,000 Asking Price

3 beds
2 baths
1,440  sqft
Built in 1973

Amazing investment opportunity! Are you interested in a beachside flip or property to put your personal touches on? Don't miss your chance to own this unique home offering two properties for the price of one, making it perfect for homeowners who want to earn extra income. Use one level as a primary or secondary home and short term rent the other level. Downstairs has 1 bedroom/1 bathroom bath with a laundry room, and the upstairs has 2 bedrooms / 1 bathroom. Both living areas have a living room, kitchen, dining area, and separate hot water heaters. The spacious upstairs covered patio provides plenty of space for relaxation, for enjoying your morning coffee, entertaining, or evening sunsets, and take advantage of the attached carport for easy parking of two vehicles. The large back yard has 2 storage buildings (one has electricity and lights), room to park a boat, and an RV with full hookups available. Updates include: a new roof and siding 2019, septic pumped and new filters installed 9/2024, and the upstairs bathroom has been updated. Property is being sold As-Is, seller welcomes home inspections to be performed. The home is nestled on the quiet East end of Panama City Beach, walking distance to the world's most beautiful beaches, Frank Seltzer State Park, restaurants, and it's just minutes from area attractions, shopping, and public boat ramps. This charming property won't last long with its unique layout and rental potential --schedule your showing today and make it your perfect beach retreat! All information is approximate and should be verified by buyer if important.

Features & Amenities

Interior

Appliances:
Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer
A/C:
true, Ceiling Fan(s),Electric,Window Unit(s)
Heating:
false, None

Exterior

General:
Deck, Shed(s)
Style:
Coastal
Other Structures:
Shed(s)
Parking:
Carport,RV Access/Parking

Construction

General:
Vinyl Siding, 2, Pillar/Post/Pier

Location

Road/Access:
County Road
Originating MLS:
BCAR
County:
Bay

Lot

Zoning:
HOLIDAY BEACH UNIT #14 LOT 4 BLK 10 ORB 2043 P 1600, 30808-208-000
Fencing:
Partial

Utilities

Utilities:
Electricity Connected,Septic Available
Sewer:
Septic Tank

Financial

Source:
BCAR

This listing courtesy of:
Lifes A Beach Real Estate, LLC

About Panama City, FL

Housing

Number of Units
58,946
Median Home Value
$185,387
Median Rent
$878

32.64% of housing units are renter occupied.

25.59% are vacant.

Commute

Car
80.21%
Public Transportation
0.61%
Walk to Work
0.66%
Work from Home
16.96%
Other
0.90%

The median travel time to work is 22 minutes.

People

Population
107,776
Median Age
40.00
Median Household Size
2.60

Education

High School
30.71%
Associate’s Degree
12.03%
Bachelor’s Degree
14.18%
Graduate Degree
7.89%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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