5225 Long John Drive, Panama City, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.
5225 Long John Drive,Panama City, FL 32408
$509,900
- 5 Beds
- 3 Baths
- 1,950 sq. ft.
- Multi-family
- Active
Listed by: danielle l parsons
Office: lpt realty llc.
MLS#:786804
Source:FL_BCMLS
Price summary
- Price:$509,900
- Price per sq. ft.:$261.49
About this home
Discover the potential of this unique quadplex property situated on a spacious lot with a convenient circular driveway that easily accommodates six vehicles. Perfectly positioned near the beautiful Emerald Coast, marinas, and local waterfront attractions, this property offers both immediate rental income potential and exciting possibilities for future expansion.
Currently configured as a four-unit property featuring one larger three-bedroom unit along with three efficiency units, this versatile layout provides flexibility for long-term rentals, short-term vacation stays, workforce housing, or a combination of income streams. With a little TLC and vision, the property may offer the opportunity to reconfigure or expand to five or even six units, creating even greater income potential.
The generous lot and circular drive make access and parking easy for tenants and guests, while the location places residents just minutes from some of the area's most desirable destinations. Enjoy close proximity to St. Andrews State Park, the beach, marinas, boat launches, waterfront dining, shopping, and entertainment, making this an appealing property for both residents and vacation renters.
Whether you are an investor looking to increase cash flow, expand your portfolio, or develop a coastal income property, this opportunity offers endless possibilities in a highly sought-after coastal location.
Don't miss the chance to bring your vision to life and maximize the potential of this multi-unit property near the water and the heart of everything the Emerald Coast has to offer....
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Home facts
- Year built:1977
- Listing ID #:786804
- Added:52 day(s) ago
- Updated:May 05, 2026 at 02:25 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:5
- Living area:1,950 sq. ft.
Heating and cooling
- Cooling:Ductless, WindowUnits
Structure and exterior
- Roof:Composition, Shingle
- Year built:1977
- Building area:1,950 sq. ft.
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Finances and disclosures
- Price:$509,900
- Price per sq. ft.:$261.49
- Tax amount:$4,020 (2025)
Parking
- Parking description:Circular Driveway
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