5612 Hilltop Avenue A-C, Panama City, FL 32408 (MLS# 792506)

List Price/SqFt: 183.75

Status: Active

List Date: 2026-07-08

List Price: $699,000

Current Price: $699,000

Unit #: A-C

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: From Thomas Drive, turn north onto Luff Street. Continue to Hilltop Avenue and turn left. Follow

Area: 03 - Bay County - Beach

Street #: 5612

Street Name: Hilltop

Street Suffix: Avenue

State: FL

Zip Code: 32408

County: Bay

Subdivision: Biltmore Beach 1st Add

Parcel ID: 32061-000-000

Legal Description: BILTMORE BEACH 1ST ADD LOTS 1 & 2 BLK G ORB 3211 P 1444

Acreage: 0.15

Design: N/A

Lot Size (SqFt): 6534

Apx SqFt(Htd/Cooled): 3804

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: irregular

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Triplex Multi-Units

Bedrooms: 8

Full Baths: 6

Total Baths: 6

Year Built: 1986

HOA Fee: No

New Buyer Fee: No

Last Taxes: 3754

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: 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. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or simply own a home with exceptional flexibility, this unique 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-bedr, 2-bath home featuring a beautifully updated kitchen with white cabinets, granite countertops, stainless steel appliances, plus a converted two-car garage that creates an expansive bonus/flex space. Apartment B is a 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

First: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Refrigerator: 1

Washer: 1

Siding - Stucco: 1

Cash: 1

Conventional: 1

Unfurnished: 1

First: 1

First: 1

Resid Multi-Family: 1

Bedroom: 1

Bonus Room: 1

Kitchen: 1

Living Room: 1

Primary Bedroom: 1

Electricity - Connected: 1

Public Water - Connected: 1

Septic Tank: 1

As Is: 1

Second: 1

First: 1

Second: 1

Central Air: 1

Central: 1