active Listed As-Is

5612 Hilltop Avenue A-C, Panama City, FL 32408

$550,000

Reduced $149,000 from the original list price of $699,000

8Beds
6Baths
3,804Sq Ft
0.15Acres
1986Year Built
—/moHOA
On site 67 days — 65 days cumulative across relistings
See the full community guide Lower Grand Lagoon Beachfront →

Details

Unfurnished · Short-term rental allowed

Nearby Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Property Details

stucco construction · Currently occupied

About This Home

UNIQUE TRIPLEX OPPORTUNITY! This sprawling 8-bedroom, 6-bathroom PCB triplex offers a rare opportunity to own a spacious property with incredible income potential just blocks from the Gulf. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or simply own a home with exceptional flexibility, this unique offering deserves a closer look. It is the perfect opportunity for an investor with vision to bring this property's true potential to life. The main floor is anchored by Apartment A, a spacious split-level 4-bedr, 2-bath home featuring a beautifully updated kitchen with white cabinets, granite countertops, stainless steel appliances, plus a converted two-car garage that creates an expansive bonus/flex space. Apartment B is a 2-bedroom, 2-bath unit on the second floor with its own separate entrance. Above, Apartment C occupies the third floor and offers another private 2-bedroom, 2-bath layout with elevated views and its own entrance. This rare opportunity is highlighted by its fantastic location in the South Lagoon. It sits just a few blocks from public beach access points off Gulf Drive, offering immediate access to the emerald waters and is even closer to the local boat ramp on the lagoon. No HOA! The expansive lot offers parking freedom, perfectly accommodating an RV, boat, or multiple vehicles. It is ideally positioned within a short stroll or golf cart ride to the marina area, beloved seafood spots, dining, and shopping options along Thomas Drive, seamlessly combining a neighborhood feel with effortless accessibility to the best local attractions. Schedule your showing today. A video tour is also available

Interior, Amenities & More

Interior Features: Upper Level Primary

Appliances: Electric Oven

Heating: Central

Cooling: Central Air

Square Footage Source: Appraiser

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Ask About This Home

Required

Call (850) 866-1149

Listed by Courtney Pantalena, Coldwell Banker Realty · courtneyp850@gmail.com

Equal Housing Opportunity
Equal Housing
Opportunity
Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.