Address
5701 Hilltop Avenue, Panama City Beach, FL
Price
$ 560,000
Property Attributes
  • MLS#787380
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • Area03 - Bay County - Beach
  • NeighborhoodBiltmore Beach 1st Add
  • Zip32408
  • Style
  • Year Built2018
  • Taxes$ 7019
  • Price$ 560,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1998
  • Lot Size0.14 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Prime short-term rental opportunity in Panama City Beach! This 5-bedroom, 2.5-bath coastal-style home is ideally positioned for strong rental performance, just a short walk to beach access and minutes from a public boat ramp--an unbeatable combination for vacation guests. Designed with rentals in mind, the open-concept floor plan offers spacious living and dining areas that comfortably accommodate larger groups. The kitchen features granite countertops, custom cabinetry, and ample prep space--perfect for entertaining guests and maximizing occupancy appeal. The layout provides flexibility and privacy with a first-floor primary suite and four additional bedrooms upstairs, including two with balcony access--an added feature guests love. The fully fenced backyard creates a private outdoor space, enhancing guest experience and repeat bookings. Located in the desirable Biltmore Beach area with short-term rentals allowed, this property offers excellent income potential as a vacation rental, second home, or hybrid investment. Proximity to the Gulf, boating, dining, and attractions ensures year-round demand. Capitalize on location, layout, and rental demand--this is a high-performing beach investment opportunity you don't want to miss!

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
3/25/2026 Listed $690,000
4/29/2026 4$660,000
6/19/2026 14$570,000
7/20/2026 2$560,000

General Features

Property Subtype Single Family Residence
Tax Year 2025
Community Features Short Term Rental Allowed
County Bay
Property Type Residential
HOA false
Subdivision Name Biltmore Beach 1st Add
Special Listing Conditions Listed As-Is
Status Active
Directions From Thomas Dr, turn North on Biltmore Dr, .2 miles take a left on Hilltop Ave, in 700 feet home is on the left.
High School Arnold
City Panama City Beach
Zoning Description Resid Single Family
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 6098
Elementary School Patronis
Tax Annual Amount 7019
Middle/Junior High School Surfside
MLS Area Minor 0323 - Beach - South of Grand Lagoon
Standard Status Active
Property Sub Type Additional Single Family Residence
Other Structures Shed(s)
Occupancy Type Tenant
Year Built 2018
Heating Central
Cooling Central Air
Appliances Electric Oven,Electric Water Heater
Patio/Porch Features Balcony,Covered,Porch
Construction Materials Stucco
Attached Garage false
Garage Y/N false
Total Rooms 5
Full Baths 2
Virtual Tour https://www.zillow.com/view-imx/f3f4b1cc-f511-4b37-b777-c061d89c199f?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Architectural Style Coastal
Stories Count 2
Levels Two
New Construction false
Roof Metal

Interior Features

Total Baths 3
Interior Amenities Double Vanity,Main Level Primary,Tub Shower,Walk-In Closet(s)
Furnished Units All Units
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 5
LivingAreaSource Appraiser
Half Baths 1
Total Stories 2

Exterior Features

Lot Size Area 0.14
Lot Dimensions 120 x 50
Lot Size Acres 0.14
Road Frontage Type City Street
Building Area Total 1998
Waterfront Y/N false
Road Responsibility Public Maintained Road
Fencing Fenced
Foundation Details Slab

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32408

Price
AVG $930K
$560K
Taxes
AVG $6,529
$7,019
Year Built
AVG 2002
2018

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