5701 Hilltop Avenue, Panama City Beach, FL 32408 (MLS# 998906)

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.

Supplements: 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!

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 330.33 List Date: 2026-03-25 Current Price: $660,000 List Price: $660,000

Location, Tax and Legal

Sub Area: 2723 - Beach - South of Grand Lagoon Elementary School: Patronis Middle School: Surfside High School: Arnold Legal Description: Lot 8, Block D, First Addition to Biltmore Beach, according to the map or plat thereof as recorded in Plat Book 8, Page 39, Public Records of Bay County, Florida

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: County PA Records Immediate Occupancy: Yes Garage: No Carport: No Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 1998 Bedrooms: 5 Full Baths: 2 Half Baths: 1 Total Bathrooms: 3 # Stories: 2 Year Built: 2018 Acreage: 0.14

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: 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.

Construction Status

Construction Complete: 1

Lot/Parcel Access

City Road: 1

Lot Features

Within 1/2 Mile to Water: 1

Construction/Siding

Roof Metal: 1 Stucco: 1 Trim Vinyl: 1

Utilities

Public Water: 1 Septic Tank: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Columns: 1 Fenced Back Yard: 1 Porch: 1

Interior

Floor Vinyl: 1 Furnished - All: 1 Kitchen Island: 1 Pantry: 1 Washer/Dryer Hookup: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBed First Floor: 1 MBed Walk-in Closet: 1

Master Bedroom

First: 1

Bedroom

Second: 1

Rooms

Balcony: 1 Bedroom: 1 Master Bedroom: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 27 - Bay County Street #: 5701 Street Name: Hilltop Street Suffix: Avenue State: FL Zip Code: 32408 County: Bay Project Name/Subdivision: BILTMORE BEACH 1ST ADDN Parcel ID: 32026-000-000

Property Features

Construction Status: Construction Complete Lot Features: Within 1/2 Mile to Water Zoning: Resid Single Family Exterior: Balcony; Columns; Fenced Back Yard; Porch Interior: Floor Vinyl; Furnished - All; Kitchen Island; Pantry; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Smoke Detector; Stove/Oven Electric; Washer Utilities: Public Water; Septic Tank Energy: AC - Central Elect; Water Heater - Elect Master Bedroom: First Bedroom: Second Rooms: Balcony; Bedroom; Master Bedroom Financing: Conventional; FHA; VA

Room Information

Master Bedroom Level: First Dimensions: 13.4 x 12.6 Length: 13.40 Width: 12.60 Dimensions: 13.4 x 12.6 Bedroom Level: Second Dimensions: 11.8 x 10.2 Length: 11.80 Width: 10.20 Dimensions: 11.8 x 10.2 Bedroom Level: Second Dimensions: 12.6 x 11 Length: 12.60 Width: 11.00 Dimensions: 12.6 x 11 Bedroom Level: Second Dimensions: 12.8 x 11 Length: 12.80 Width: 11.00 Dimensions: 12.8 x 11 Bedroom Level: Second Dimensions: 12.8 x 11 Length: 12.80 Width: 11.00 Dimensions: 12.8 x 11 Balcony Level: Second Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: Second Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0