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$550,000

5612 Hilltop Ave

Panama City Beach, FL
Pending
8
Bedrooms
6
Bathrooms
3,804
Square Feet
1986
Year Built
87
Days On Market

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

Listing Information

Listing Updated
1 days ago
Listed By
Courtney Pantalena · Coldwell Banker Realty
MLS#
1007232
Source
Emerald Coast Association of REALTORS
Status
Pending

Facts & Features

Location

Community Information

Address
5612 Hilltop Ave #A C, Panama City Beach, FL 32408
City
Panama City Beach
County
Bay
Neighborhood
BILTMORE BEACH 1ST ADDN
Zip Code
32408

Architecture

Bedrooms
8
Bathrooms
6
Stories
3
Year Built
1986
Style
Triplex
Building Area
3,804 sq. ft.
Garage Spaces
0
Parking Features
Covered

Features & Amenities

Appliances
Dishwasher, Microwave, Refrigerator, Electric Oven
Cooling
Central Air, Electric
Heating
Electric, Central

Property Features

Water
Public
Sewer
Septic Tank
Utilities
Electricity Available

Square Footage

Total
3,804 sq. ft.

Tax & Financial Information

List Price
$550,000
Annual Taxes
$3,753

Schools

100/100
Bay Virtual Franchise
7th & Above · Grades KG–12 · 5 mi
City
Panama City
Students
80
Student body
86% White · 9% Hispanic / Latino · 5% Black
Free/reduced lunch
11%
Phone
(850) 767-4460
87/100
Oakland Terrace School For The Visual And Performing Arts
Grades M–M · 4.1 mi
City
Panama City
Students
328
Student–teacher
13.6
Parent reviews
5.0★ avg · 1 review
Student body
36% White · 32% Black · 23% Hispanic / Latino
Free/reduced lunch
78%
Phone
(850) 767-4565
62/100
Breakfast Point Academy
Elementary · Grades PK–08 · 4.9 mi
City
Panama City Beach
Students
1,131
Parent reviews
3.3★ avg · 3 reviews
Student body
76% White · 10% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
44%
Phone
(850) 767-1190
55/100
Bay Virtual Instruction Program
7th & Above · Grades KG–12 · 5 mi
City
Panama City
Students
54
Student body
91% White · 4% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
41%
Phone
(850) 747-4460
54/100
A. Gary Walsingham Academy
Elementary · Grades PK–03 · 3.4 mi
City
Panama City Beach
Students
230
Student body
65% White · 14% Hispanic / Latino · 10% Black
Free/reduced lunch
17%
Phone
(850) 767-5475
53/100
Rising Leaders Academy
7th & Above · Grades KG–12 · 4.3 mi
City
Panama City
Students
102
Student body
79% White · 9% Black · 5% Asian
Free/reduced lunch
27%
Phone
(850) 215-0844
53/100
Central High School
High · Grades 09–12 · 5 mi
City
Panama City
Students
151
Student body
66% White · 23% Black · 6% Two or More Races
Free/reduced lunch
37%
Phone
(850) 215-0770
50/100
Patronis Elementary School
Elementary · Grades KG–05 · 1.6 mi
City
Panama City Beach
Students
852
Student body
86% White · 5% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
43%
Phone
(850) 767-5075

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/09/2026Listed for sale$550,000

Listed by Courtney Pantalena · Coldwell Banker Realty


IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

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