$279,000
Panama City Beach, FL 32408
MLS# 789639
3 beds | 2 baths | 1100 sqft
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Property Description
Modern coastal flip potential with major big-ticket items already addressed -- including architectural concept drawings. This deep 120' lot offers room for a pool and endless possibilities for redesign and expansion. Property has been 90% stripped to the studs and is ready for transformation, allowing the next owner to customize the layout and finishes from the ground up for maximum space efficiency and value. New septic installed May 2026, HVAC replaced in 2022, and roof replaced in 2018/2019 following Hurricane Michael. Previously appraised at $270,000 in December 2025, prior to interior demo and redesign phase. Seller intended to complete renovation, but personal circumstances have shifted plans, creating an excellent opportunity for an investor, flipper, or developer to step in and capitalize. NOT located in a flood zone, buyer to verify. Seller open to financing w/30% down. Sold AS-IS.
Details
Maps
Contract Info
List Price/SqFt: 253.64
Status: Active
List Date: 2026-05-08
List Price: $279,000
Current Price: $279,000
Location
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Bay
Directions: Turn north onto Biltmore Drive from Thomas Drive. Continue about 0.2 miles and turn right onto Hilltop Avenue. Continue down Hilltop Ave. 5408 Hilltop Avenue will be on the left-hand side
Area: 02 - Bay County - Central
Street #: 5408
Street Name: Hilltop
Street Suffix: Avenue
State: FL
Zip Code: 32408
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 31831-000-000
Legal Description: BILTMORE BEACH LOT 5 BLK I ORB 1288 P 1046 MAP 70B2
General Property Info
Acreage: 0.14
Design: Traditional
Lot Size (SqFt): 6098
Apx SqFt(Htd/Cooled): 1100
Below Ground SqFt: 1576
Construction Status: Construction Complete
SqFt Source: Owner Measured
Half Baths: 0
Lot Dimensions: 00x00
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 3
Full Baths: 2
Total Baths: 2
Year Built: 1969
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 489
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: Modern coastal flip potential with major big-ticket items already addressed -- including architectural concept drawings. This deep 120' lot offers room for a pool and endless possibilities for redesign and expansion. Property has been 90% stripped to the studs and is ready for transformation, allowing the next owner to customize the layout and finishes from the ground up for maximum space efficiency and value. New septic installed May 2026, HVAC replaced in 2022, and roof replaced in 2018/2019 following Hurricane Michael. Previously appraised at $270,000 in December 2025, prior to interior demo and redesign phase. Seller intended to complete renovation, but personal circumstances have shifted plans, creating an excellent opportunity for an investor, flipper, or developer to step in and capitalize. NOT located in a flood zone, buyer to verify. Seller open to financing w/30% down. Sold AS-IS.
Construction/Siding
Roof - Metal: 1
Exterior
Fenced Lot-All: 1
Furnished
Unfurnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Other - See Remarks: 1
Lot Access
Paved Road: 1
Rooms
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Utilities
Other - See Remarks: 1
Master Bedroom
First: 1
Cooling
Central Air: 1
Heating
Central: 1
Property Features
Master Bedroom: First
Cooling: Central Air
Heating: Central
Exterior: Fenced Lot-All
Furnished: Unfurnished
Kitchen: First
Living Room: First
Lot Features: Other - See Remarks
Lot Access: Paved Road
Rooms: Kitchen; Living Room; Master Bedroom
Utilities: Other - See Remarks
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 1 x 1 | 1.00 | 1.00 | 1 x 1 |
| Kitchen | First | 1 x 1 | 1.00 | 1.00 | 1 x 1 |
| Living Room | First | 1 x 1 | 1.00 | 1.00 | 1 x 1 |
Listing Office: Lowest Fee Realty LLC
Last Updated: May - 21 - 2026
Information deemed reliable but not guaranteed.