Address
5701 Hilltop Avenue, Panama City Beach, FL
Price
$ 560,000
Property Attributes
  • MLS#998906
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • AreaBay County
  • NeighborhoodBILTMORE BEACH 1ST ADDN
  • Zip32408
  • StyleBeach House
  • Year Built2018
  • Price$ 560,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1998
  • Lot Size0.14 Acres
Data Source:
Emerald Coast MLS (ECAR)
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
5/21/2026 Listed $660,000
6/19/2026 14$570,000
7/20/2026 2$560,000

General Features

Utilities Public Water
Zoning Resid Single Family
Property Subtype Detached Single Family
Community Features Short Term Rental - Allowed
County Bay
Property Type Residential
Subdivision Name BILTMORE BEACH 1ST ADDN
Status Active
Buyer Financing Conventional,FHA,VA
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
MLS Area 27 - Bay County
Lot Size Units Acres
Lot Size Square Feet 6098.4
Elementary School Patronis
Middle/Junior High School Surfside
MLS Area Minor 2723 - Beach - South of Grand Lagoon
Standard Status Active
Sewer Septic Tank
Cooling Central Air
Patio/Porch Features Porch
Architectural Style Beach House
Construction Materials Stucco,Trim Vinyl
Year Built 2018
Stories Count 2
New Construction false
Total Rooms 7
Carport Y/N false
Property Condition Construction Complete
Virtual Tour https://www.zillow.com/view-imx/f3f4b1cc-f511-4b37-b777-c061d89c199f?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Interior Features

Total Baths 3
Interior Amenities Kitchen Island,Pantry,Washer/Dryer Hookup
Flooring Floor Vinyl
Air Conditioning Y/N true
Furnished Y/N Furnished - All

Exterior Features

Lot Features Within 1/2 Mile to Water
Lot Size Area 0.14
Lot Dimensions 120 x 50
Lot Size Acres 0.14
Road Frontage Type City Street
Exterior Amenities Balcony,Columns,Fenced Back Yard
Building Area Total 1998

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 $840K
$560K
Year Built
AVG 2002
2018

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