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8402 Elizabeth Avenue
Panama City Beach, FL 32408

$559,900 - Status: Active
Bed Icon Beds: 4
Bath Icon Baths: 4 full
Sq Feet Icon SQFT (H&C): 1,788
MLS Icon MLS# 785770

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.

Property Features

MLS#: 785770
Zip: 32408
Subdivision: Bel Air
Development: 0323 - Beach - South Of Grand Lagoon
Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Site: 52
Heating: Central, Electric
Home Style: Duplex
Lot Size: 0.14 acres
Taxes: $5,053
Year Built: 1999
SQFT (H&C): 1,788

Feature Descriptions

Appliances: Electric Oven
Community Features: Short Term Rental Allowed
Exterior: Stucco
Exterior Features: Fire Pit
Fencing: Privacy
Lot Dimensions: 50x150
Parcel#: 30291-000-000
Utilities: Cable Connected, High Speed Internet Available

Room Sizes

Primary Bathroom: 12 X 12 Level - First
Living Room: 14 X 14 Level - First
Bedroom: 12 X 12 Level - First
Primary Bedroom: 12 X 12 Level - First

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

8402 Elizabeth Avenue | MLS# 785770

This multi-family property located at 8402 Elizabeth Avenue, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $559,900. Search Panama City Beach real estate on hfox.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty

Shown By

Agent Name: Heather Fox
Agent Phone: (850) 541-5774
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:58:49 PM EST) or Emerald Coast MLS (last updated Fri 04/17/2026 12:55:58 PM EST) or Central Panhandle Association of Realtors (last updated Fri 04/17/2026 12:57:38 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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