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5412 Hilltop Avenue, Panama City Beach
$390,000
3 Beds ⋅ 2 Baths ⋅ 791257 MLS
Turnkey Panama City Beach Vacation Rental with documented annual gross rental revenue of approximately $32,000 - $35,000, sold fully furnished and ready for immediate use. Located just a few blocks from the Gulf in Lower Grand Lagoon, this updated 3-bedroom, 2-bath detached home offers no HOA, a fully fenced backyard and convenient access to the beach, restaurants, boating and local attractions. The efficient guest-friendly layout features two king bedrooms plus a bunk room with two sets of bunk beds. Recent improvements include a newly constructed second full bathroom, new septic system, luxury vinyl plank flooring, updated windows, recessed lighting, interior and exterior paint, and a dedicated laundry room with new washer and dryer. Outside, guests enjoy a private large gazebo, outdoor seating, two built-in grills, outdoor shower and an above-ground pool. Fresh landscaping in the front and back adds to the curb appeal. The home is offered furnished, making it well suited for an investor, second-home buyer or full-time resident.

5412 Hilltop Avenue, Panama City Beach

Listing courtesy of eXp Realty, LLC.

5812 Beach Drive Unit A, Panama City Beach
$370,000
3 Beds ⋅ 2 Baths ⋅ 791171 MLS
Welcome to your Panama City Beach retreat, ideally located on the sought-after East End of PCB just a 3-minute walk to the sugar-white sand beaches and only a few blocks from a public boat ramp. This fully furnished 3-bedroom, 2-bath townhome offers an excellent opportunity as a vacation home, investment property, or full-time residence. Currently operating as a successful short-term rental, it generated $42,586 in gross revenue in 2024, $37,719 in 2025, and already has approximately $22,000 in bookings on the books for 2026. Guests love the spacious, fully fenced backyard, perfect for entertaining and yard games, along with its convenient location near Schooners, Dat Cajun Place, Buster's Beer & Bait, Treasure Island Marina, Rick Seltzer Park, and St. Andrews State Park. Extensively renovated in 2020, updates include a metal roof (2018), spray foam insulation, remodeled kitchen and bathrooms, new windows and doors, updated siding and paint, oversized decks, HVAC (2019), water heater (2025), and updated lighting and plumbing fixtures throughout, making this a truly turnkey beach property with proven income potential.

5812 Beach Drive Unit A, Panama City Beach

Listing courtesy of Legacy Premier Agency.

5500 Beach Drive Unit 6, Panama City
$229,000
2 Beds ⋅ 1 Baths ⋅ 786606 MLS
If hearing the waves crash into the shore is what you want to hear when you open your windows.. THIS is the place you want to buy! This 2 bedroom 1 bath condo is freshly updated and ready for a new owner. Windows, HVAC and roof replaced 2019, water heater replaced 2023. HOA covers community pool, basic cable, garbage water/sewer and lawn service in this quiet beachside community. Location is ~900ft to the nearest beach entrance and complex is 1 block north of Thomas Drive. Close to Navy Base and many nearby restaurants and shopping centers. Washer and Dryer is included. Unit comes with an outside storage area and a small back yard that can be fenced with HOA permission. Call today and be living here in Summer 2026!!

5500 Beach Drive Unit 6, Panama City

Listing courtesy of Full Sail Realty of NWFL.