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

Panama City Beach, FL 32408
  • 8 Beds
  • 6 Baths
  • 3,804 Sq Ft
  • 1986 Built
  • MLS 1007232

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. Situated on a prominent corner, this unique property spans three separate parcels, giving you ownership of the entire corner--a rare feature that provides added space, flexibility, privacy, and long-term value. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or simply own a property with exceptional versatility, this 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-bedroom, 2-bath home featuring a beautifully updated kitchen with white cabinetry, granite countertops, stainless steel appliances, and a converted two-car garage that creates an expansive bonus/flex space. Apartment B is a private 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

Property details

Property typeTownhouse
StatusActive
Area27 - Bay County
SubdivisionBILTMORE BEACH 1ST ADDN
CityPanama City Beach
CountyBay
Zip32408
StyleTriplex
Taxes$3,754
Tax year2025

Interior

Total rooms19
Full baths6
Half baths0
AppliancesDishwasher, Microwave, Refrigerator
CoolingCentral Air
HeatingCentral

Exterior & lot

ParkingCovered

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresShort Term Rental - Allowed
DirectionsFrom Thomas Drive, turn north onto Luff Street. Continue to Hilltop Avenue and turn left. Follow Hilltop Avenue to 5612 Hilltop Ave, located in the Biltmore Beach community of Lower Grand Lagoon. Prop

Data source: Emerald Coast Association of REALTORS®

Location

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