1320 E 5th Street #103, Panama City, FL 32401
Local realty services provided by:ERA Neubauer Real Estate, Inc.



Listed by:megan osborn
Office:foundation real estate agency llc.
MLS#:775714
Source:FL_BCMLS
Price summary
- Price:$248,900
- Price per sq. ft.:$294.91
- Monthly HOA dues:$548
About this home
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSCharming Turnkey Rental Investment with Boat Slip in Beautiful Panama City, Florida!Welcome to your next investment! This delightful turnkey rental Condo is the perfect opportunity for anyone looking to step into the thriving Panama City rental market without the hassle.What You'll Love About This Property:- Fantastic Location: Situated right on Watson Bayou just a mile away from Downtown Panama City with amazing dining spots, and fun local attractions, this unit is perfectly positioned to attract both vacationers and long-term tenants. Perfect for avid fishermen, keep your boat at the deeded boat slip and just a 10 minute ride to the Saint Andrews Pass!- Move-In Ready: Fully furnished with stylish decor and comfortable furnishings, this charming unit is ready to welcome guests right away. Simply move in or list it for rentals immediately!- Spacious Comfort: With 844 sq ft of inviting living space, this unit features 2 cozy bedrooms and 2 bathrooms, plus an open-concept layout that's perfect for relaxing or entertaining.- Modern Amenities: Enjoy a well-equipped kitchen with sleek stainless steel appliances, generous countertops, and ample storage options. Plus, you'll find convenient in-unit laundry facilities and air conditioning for year-round comfort. HOA covers Internet, boat slip (with Electric & water), trash, & pest control! Only pay your electric!- Bonus Feature - Deeded Boat Slip: This property even includes a deeded boat slip! Perfect for those who love spending time on the water, it offers easy GULF access to boating and fishing right from your doorstep.- Rental History: With AirbNb rental history and a high demand for properties in this area, you can feel confident in your investment's potential for cash flow and appreciation.- Low Maintenance: Well-maintained and managed, this property is not only charming but also easy to care for, making it an ideal rental investment.Don't miss this friendly and fabulous turnkey rental opportunity in lovely Panama City! Contact us today to schedule your showing and start your journey to owning this amazing property!Any Assessment paid in full at closing!
Contact an agent
Home facts
- Year built:1985
- Listing Id #:775714
- Added:43 day(s) ago
- Updated:August 12, 2025 at 03:43 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:844 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Metal
- Year built:1985
- Building area:844 sq. ft.
Schools
- High school:Bay
- Middle school:Jinks
- Elementary school:Cherry Street
Finances and disclosures
- Price:$248,900
- Price per sq. ft.:$294.91
- Tax amount:$3,356 (2024)
New listings near 1320 E 5th Street #103
- New$399,000Active4 beds 2 baths1,936 sq. ft.
6940 Yellow Bluff Road, Panama City, FL 32404
MLS# 777634Listed by: KELLER WILLIAMS SUCCESS REALTY - New$178,000Active3 beds 2 baths1,230 sq. ft.
6507 Winona Street, Panama City, FL 32404
MLS# 777637Listed by: STARS REALTY - New$319,900Active4 beds 2 baths1,812 sq. ft.
6416 Bellavia Lane, Panama City, FL 32404
MLS# 777619Listed by: EMPIRE REAL ESTATE OF FLORIDA LLC - New$210,000Active3 beds 2 baths1,209 sq. ft.
1313 Caldwell Drive, Panama City, FL 32401
MLS# 777608Listed by: HITCHCOCK REAL ESTATE LLC - New$149,999Active3 beds 2 baths1,152 sq. ft.
7332 Copenhagen Lane, Panama City, FL 32404
MLS# 777609Listed by: THE NAUMANN GROUP REAL ESTATE, INC - New$189,000Active0.29 Acres
1444 W Park Drive, Panama City, FL 32404
MLS# 777612Listed by: EXP REALTY LLC - New$1,800Active3 beds 2 baths1,000 sq. ft.
1111 Fortune #A, Panama City, FL 32401
MLS# 777613Listed by: SUGAR SHORE PROPERTIES - New$190,000Active3 beds 2 baths1,092 sq. ft.
2411 W 11th Street, Panama City, FL 32401
MLS# 777614Listed by: CENTURY 21 COMMANDER REALTY - New$443,900Active4 beds 2 baths1,859 sq. ft.
237 Hamilton Avenue, Panama City, FL 32401
MLS# 777604Listed by: COUNTS REAL ESTATE GROUP - Open Sat, 11am to 2pmNew$380,000Active4 beds 2 baths2,166 sq. ft.
4711 Shannon Lane, Panama City, FL 32404
MLS# 777603Listed by: KELLER WILLIAMS SUCCESS REALTY