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$495,000

8402 Elizabeth Ave

Panama City Beach, FL
Active
4
Bedrooms
4
Bathrooms
1,788
Square Feet
0.14
Lot Size (acres)
1999
Year Built
222
Days On Market

Investor Property Alert! 5 Minute walk to the beach. No HOA!! Sellers offer this beautiful Panama City Beach, a fully furnished duplex just a short stroll from the sugar white sand and emerald waters of the Gulf. This turnkey investment opportunity offers the perfect blend of beach lifestyle and strong rental potential in one of Florida's most sought after vacation markets. NO HOA!! Built in 1999 and thoughtfully updated, this open floor aesthetic features two spacious units, each offering two bedrooms and two bathrooms. The interiors have been renovated in recent years post hurricane with modern kitchens, backsplash, granite countertops, stainless steel appliances, and updated bathrooms that appeal to today's vacation guests and long term renters alike. Tile flooring throughout makes maintenance easy and stands up well to sandy feet and high occupancy. Enjoy the creative and comfortable backyards with fire pits made for entertaining guests and enjoyment, peace, and solitude. The layout provides flexibility for investors. Short-term rent both units for maximum income potential OR live in one side and rent the other, or operate both as short term vacation rentals. The property is being offered furnished and ready to welcome guests, allowing you to start generating income right away. An outdoor shower adds a practical and attractive touch for beachgoers returning from a day in the sun. Location is everything in Panama City Beach, and this property delivers. Just minutes from public beach access, restaurants, shopping, and local attractions, guests can enjoy everything the area has to offer without ever needing to drive far. Walkability to the beach is a major draw that consistently supports strong occupancy and nightly rates. Whether you are looking to expand your investment portfolio or secure a beach property with built in income potential, 8402 Elizabeth Avenue is an opportunity you do not want to miss! Schedule your private showing today and step into a property that works as hard as you do while offering the relaxed lifestyle only the beach can provide.

Listing Information

Listing Updated
15 days ago
Listed By
Catriese M Johnson, 8506877487 · Coldwell Banker Realty, 8502346696
MLS#
785770
Source
Central Panhandle Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
8402 Elizabeth Ave, Panama City Beach, FL 32408
City
Panama City Beach
County
Bay
Neighborhood
Bel Air
Zip Code
32408

Architecture

Bedrooms
4
Bathrooms
4
Year Built
1999
Style
Duplex
Construction Materials
Stucco
Building Area
1,788 sq. ft.
Garage Spaces
0

Features & Amenities

Appliances
Electric Oven
Exterior Features
Fire Pit
Cooling
Central Air
Heating
Electric, Central

Property Features

Lot Size
0.14 Acres
Utilities
Cable Connected
Zoning
Resid Single Family

Square Footage

Total
1,788 sq. ft.

Tax & Financial Information

List Price
$495,000
Annual Taxes
$5,053

Schools

74/100
J.R. Arnold High School
High · Grades 09–12 · 3.2 mi
City
Panama City Beach
Students
1,755
Parent reviews
5.0★ avg · 4 reviews
Student body
80% White · 7% Hispanic / Latino · 5% Black
Free/reduced lunch
34%
Phone
(850) 767-3700
63/100
Breakfast Point Academy
Elementary · Grades PK–08 · 2.9 mi
City
Panama City Beach
Students
1,044
Parent reviews
3.3★ avg · 6 reviews
Student body
67% White · 14% Hispanic / Latino · 8% Black
Free/reduced lunch
44%
Phone
(850) 767-1190
52/100
Hutchison Beach Elementary School
Elementary · Grades KG–05 · 3.9 mi
City
Panama City Beach
Students
580
Student body
68% White · 14% Hispanic / Latino · 7% Black
Free/reduced lunch
42%
Phone
(850) 767-5195
51/100
Patronis Elementary School
Elementary · Grades KG–05 · 1.3 mi
City
Panama City Beach
Students
650
Student body
74% White · 11% Hispanic / Latino · 9% Two or More Races
Free/reduced lunch
33%
Phone
(850) 767-5075
48/100
Lucille Moore Elementary School
Elementary · Grades PK–05 · 4.8 mi
City
Panama City
Students
545
Parent reviews
1.0★ avg · 2 reviews
Student body
36% White · 27% Hispanic / Latino · 26% Black
Free/reduced lunch
73%
Phone
(850) 767-1428
43/100
A. Gary Walsingham Academy
Elementary · Grades PK–05 · 2.2 mi
City
Panama City Beach
Students
470
Student–teacher
16.7
Student body
56% White · 17% Black · 15% Hispanic / Latino
Free/reduced lunch
40%
Phone
(850) 767-5475

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
02/24/2026Listed for sale$495,000

Listed by Catriese M Johnson · Coldwell Banker Realty · 8502346696

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Central Panhandle Association of REALTORS. All rights reserved.

Last Updated: September 18, 2026 at 5:27 PM | Source: Central Panhandle Association of REALTORS | MLS#: 785770

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