8402 Elizabeth Avenue, Panama City Beach, FL 32408 (MLS# 785770)

List Price/SqFt: 304.81

Status: Active

List Date: 2026-02-24

List Price: $545,000

Current Price: $545,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: Bel Air

Waterfront: No

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: From the Hathaway Bridge traveling west on Hwy 98 Use the middle 2 lanes to turn slightly right to stay on US-98 W  Pass by Taco Bell (on the right in 0.2 mi) Use the left 2 lanes to turn slightly left onto FL-30 W/Front Beach Rd   Continue on Joan Ave. Take C R 392/Thomas Dr to Elizabeth Ave in Lower Grand Lagoon

Area: 03 - Bay County - Beach

Street #: 8402

Street Name: Elizabeth

Street Suffix: Avenue

State: FL

Zip Code: 32408

County: Bay

Subdivision: Bel Air

Parcel ID: 30291-000-000

Legal Description: BEL AIR LOT 25 BLK 5 ORB 3422 P 1068 MAP 58B3&B4

Acreage: 0.14

Design: Duplex

Lot Size (SqFt): 6229

Apx SqFt(Htd/Cooled): 1788

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 50x150

New Construction: No

Garage Y/N: No

Driveway Spaces: 4

Pool: No

Sub-Type: Duplex Multi-Units

Bedrooms: 4

Full Baths: 4

Total Baths: 4

Year Built: 1999

HOA Fee: No

New Buyer Fee: No

Last Taxes: 5053

Last Tax Year: 2025

Brokerage Interest: No Interest

Section: 6

Township: 4S

Range: 15W

Remarks: 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.

First: 1

Dishwasher: 1

Dryer: 1

Oven - Electric: 1

Washer: 1

Floor - Tile: 1

Siding - Stucco: 1

Fenced Privacy: 1

Fire Pit: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Furnished: 1

First: 1

Near Beach Access: 1

City Street: 1

Resid Single Family: 1

Bedroom: 1

Living Room: 1

Master Bathroom: 1

Master Bedroom: 1

ShowingTime: 1

TV Cable: 1

Electricity - Connected: 1

Garbage: 1

Internet - Broadband Available: 1

Septic Tank: 1

Solar: 1

As Is: 1

First: 1

First: 1

Central Air: 1

Central: 1

Electric: 1