5701 Hilltop Avenue, Panama City Beach, FL 32408 (MLS# 787380)


$690,000
5701 Hilltop Avenue
Panama City Beach, FL 32408
MLS# 787380
5 beds  |  3 baths  |  1998 sqft

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Property Description
Prime short-term rental opportunity in Panama City Beach! This 5-bedroom, 2.5-bath coastal-style home is ideally positioned for strong rental performance, just a short walk to beach access and minutes from a public boat ramp--an unbeatable combination for vacation guests. Designed with rentals in mind, the open-concept floor plan offers spacious living and dining areas that comfortably accommodate larger groups. The kitchen features granite countertops, custom cabinetry, and ample prep space--perfect for entertaining guests and maximizing occupancy appeal. The layout provides flexibility and privacy with a first-floor primary suite and four additional bedrooms upstairs, including two with balcony access--an added feature guests love. The fully fenced backyard creates a private outdoor space, enhancing guest experience and repeat bookings. Located in the desirable Biltmore Beach area with short-term rentals allowed, this property offers excellent income potential as a vacation rental, second home, or hybrid investment. Proximity to the Gulf, boating, dining, and attractions ensures year-round demand. Capitalize on location, layout, and rental demand--this is a high-performing beach investment opportunity you don't want to miss!

Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 7019
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Contract Info
List Price/SqFt: 345.35
Status: Active
List Date: 2026-03-25
List Price: $690,000
Current Price: $690,000
Location
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 Dr, turn North on Biltmore Dr, .2 miles take a left on Hilltop Ave, in 700 feet home is on the left.
Area: 03 - Bay County - Beach
Street #: 5701
Street Name: Hilltop
Street Suffix: Avenue
State: FL
Zip Code: 32408
County: Bay
Subdivision: Biltmore Beach 1st Add
Parcel ID: 32026-000-000
Legal Description: BILTMORE BEACH 1ST ADD LOT 8 BLK D ORB 4620 P 931
General Property Info
Acreage: 0.14
Design: Beach House
Lot Size (SqFt): 6098
Apx SqFt(Htd/Cooled): 1998
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
# of Stories in Building: 2
Lot Dimensions: 120 x 50
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 5
Full Baths: 2
Total Baths: 3
Year Built: 2018
Remarks & Misc
Remarks: Prime short-term rental opportunity in Panama City Beach! This 5-bedroom, 2.5-bath coastal-style home is ideally positioned for strong rental performance, just a short walk to beach access and minutes from a public boat ramp--an unbeatable combination for vacation guests. Designed with rentals in mind, the open-concept floor plan offers spacious living and dining areas that comfortably accommodate larger groups. The kitchen features granite countertops, custom cabinetry, and ample prep space--perfect for entertaining guests and maximizing occupancy appeal. The layout provides flexibility and privacy with a first-floor primary suite and four additional bedrooms upstairs, including two with balcony access--an added feature guests love. The fully fenced backyard creates a private outdoor space, enhancing guest experience and repeat bookings. Located in the desirable Biltmore Beach area with short-term rentals allowed, this property offers excellent income potential as a vacation rental, second home, or hybrid investment. Proximity to the Gulf, boating, dining, and attractions ensures year-round demand. Capitalize on location, layout, and rental demand--this is a high-performing beach investment opportunity you don't want to miss!
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Interior Features
Floor - Vinyl Plank: 1
Kitchen Island: 1
Pantry: 1
Construction/Siding
Foundation - Slab on Grade: 1
Roof - Metal: 1
Siding - Stucco: 1
Exterior
Balcony: 1
Columns: 1
Fenced Back Yard: 1
Porch Covered: 1
Other Structures
Shed(s): 1
Financing
Cash: 1
FHA: 1
VA: 1
Furnished
Furnished: 1
Lot Features
Near Beach Access: 1
Near Public Boat Ramp: 1
Within 1/2 Mile to Water: 1
Lot Access
City Street: 1
Parking Features
Driveway: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
MBath Shower/Tub Combo: 1
Present Zoning
Resid Single Family: 1
Rooms
Bedroom: 1
Master Bedroom: 1
Utilities
Public Water - Connected: 1
Septic Tank: 1
Sale Type
As Is: 1
Master Bedroom
First: 1
Bedroom
Second: 1
Cooling
Central Air: 1
Heating
Central: 1
Property Features
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Refrigerator; Washer; Water Heater - Electric
Master Bedroom: First
Bedroom: Second
Cooling: Central Air
Heating: Central
Exterior: Balcony; Columns; Fenced Back Yard; Porch Covered
Financing: Cash; FHA; VA
Furnished: Furnished
Lot Features: Near Beach Access; Near Public Boat Ramp; Within 1/2 Mile to Water
Lot Access: City Street
Parking Features: Driveway
Other Structures: Shed(s)
Rooms: Bedroom; Master Bedroom
Sale Type: As Is
Utilities: Public Water - Connected; Septic Tank
Present Zoning: Resid Single Family
Room Information
Room Name Level Dimensions Length Width Dimensions
Master BedroomFirst13.4 x 12.613.4012.6013.4 x 12.6
BedroomSecond11.8 x 10.211.8010.2011.8 x 10.2
BedroomSecond12.6 x 1112.6011.0012.6 x 11
BedroomSecond12.8 x 1112.8011.0012.8 x 11
BedroomSecond12.8 x 1112.8011.0012.8 x 11

Listing Office: EXP Realty LLC

Last Updated: March - 26 - 2026

Information deemed reliable but not guaranteed.