$1,029,500
8 Beds
4 Baths
3,696 sqft
709 E Beach Dr, Panama City, FL 32401
Est. Refi. Payment $6,376/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 28, 2024 for $1,000,000
Home Value
Trulia Estimate
$1.03MSince last month
Decreased$7K (-0.7%)Since last year
Increased$58K (+6%)Since last sale
Increased$25K (+2.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +4% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.03M |
| August 2026 | $1.03M |
| July 2026 | $1.03M |
| June 2026 | $1.05M |
| May 2026 | $1.03M |
| April 2026 | $1M |
| March 2026 | $1.02M |
| February 2026 | $1.01M |
| January 2026 | $994K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.88 | Multi-Family Home | $55,000 | 08/21/26 | 3 | 3 | 1,915 | |
1.49 | Multi-Family Home | $350,000 | 12/23/25 | 6 | 4 | 2,400 | |
1.16 | Multi-Family Home | $354,900 | 04/06/26 | 4 | 2 | 1,538 | |
1.91 | Multi-Family Home | $332,000 | 12/30/25 | 4 | 4 | 2,196 | |
2.02 | Multi-Family Home | $429,000 | 07/15/26 | 9 | 7 | 2,652 | |
2.23 | Multi-Family Home | $295,000 | 03/05/26 | 6 | 2 | 3,066 | |
1.82 | Multi-Family Home | $240,000 | 07/10/26 | 2 | 2 | 1,007 | |
2.96 | Multi-Family Home | $512,200 | 05/13/26 | 8 | 6 | 4,104 | |
2.93 | Multi-Family Home | $447,000 | 03/04/26 | 6 | 3 | 2,154 | |
2.35 | Multi-Family Home | $194,380 | 05/15/26 | 3 | 2 | 1,225 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $220,500 | 2 | 2 | 1,250 | Recently Sold | |
0.04 | $399,000 | 3 | 3 | 2,701 | For Sale | |
0.04 | $290,000 | 2 | 2 | 1,250 | For Sale | |
0.05 | $392,500 | 3 | 2 | 1,610 | Off Market | |
0.05 | $215,000 | 1 | 1 | 1,091 | Recently Sold | |
0.06 | $299,000 | 2 | 2 | 1,250 | Recently Sold | |
0.07 | $404,300 | 3 | 2 | 1,610 | Off Market | |
0.08 | $340,000 | 2 | 2 | 1,250 | Recently Sold | |
0.07 | $300,000 | 2 | 2 | 1,250 | Recently Sold | |
0.09 | $215,000 | 1 | 1 | 1,091 | Recently Sold |
Local Information
- Map ViewExplore the area around 709 E Beach Dr.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1943
Living Area
3,696 sqft
Price/Sqft
$279
About this House
Currently under contract - seller accepting back up offers. A truly unbelievable RARE opportunity to own a multi-family QUAD that is waterfront in the historic Cove neighborhood awaits. This quad-plex sits on the corner of Beach Drive and Cherry Streets and boasts the most incredible sunsets in Panama City, Florida!
This multi-family home is comprised of four units, all of equal size, and has 2 bedrooms, 1 bath in each as well as their own stackable washer/dryer in each unit. Each unit is metered separately for water, sewer and electricity making it an easy income-producing investment. The property offers parking in the back of the home and is large enough to add a pool which would create an even more profitable investment! Imagine the guests and tenants that would rent a historic waterfront unit this close to the fast-growing Downtown District of Panama City! With the notoriety of the historical landmark of ''Bunkers Point Building'' by the Historical Society of Bay County, this is sure to be a draw for guests and tenants alike!
The property offers little to maintenance, as well. The home had a new roof installed in November 2018 and each unit had new appliances, hot water heaters, HVAC and stackable washer/dryers in 2019.
This property located in the heart of the Cove and adjacent to Downtown Panama City offers walkability to restaurants, shopping, farmers markets, festivals and more! Watch the fireworks for July 4, take waterfront strolls along Beach Drive and sit in your front yard enamored with the shimmering water views of St. Andrews Bay!
This property is zoned MU-3 providing many possibilities for a buyer. Currently being used a long term rental, short term rentals ARE ALLOWED and gives a savvy investor the opportunity to increase rents and maximize the return on this waterfront gem! Other uses for MU-3 include but are certainly not limited to: bed and breakfasts, private school, professional offices, grocery and convenience retail store, food establishment and so much more! Please see the City of Panama City for full zoning information.
Two of the units can be accessed from the ground level and two of the units can be accessed from the second level. Each unit is single level throughout. The units each have a bedroom and living room that face the beautiful waterfront. There is a kitchen, bedroom and bathroom overlooking the lush landscaping and hundred year old oak trees in the back yard. The dining room is conveniently located in the center of the unit and makes for a great open layout!
This is an amazing opportunity for an investor looking to expand their multi-family portfolio, a professional looking to create an office in a neighborhood and have income producing units above, or an individual looking to live in one unit and rent the other three year-round.
The possibilities are ENDLESS with this waterfront multi-family QUAD!
This multi-family home is comprised of four units, all of equal size, and has 2 bedrooms, 1 bath in each as well as their own stackable washer/dryer in each unit. Each unit is metered separately for water, sewer and electricity making it an easy income-producing investment. The property offers parking in the back of the home and is large enough to add a pool which would create an even more profitable investment! Imagine the guests and tenants that would rent a historic waterfront unit this close to the fast-growing Downtown District of Panama City! With the notoriety of the historical landmark of ''Bunkers Point Building'' by the Historical Society of Bay County, this is sure to be a draw for guests and tenants alike!
The property offers little to maintenance, as well. The home had a new roof installed in November 2018 and each unit had new appliances, hot water heaters, HVAC and stackable washer/dryers in 2019.
This property located in the heart of the Cove and adjacent to Downtown Panama City offers walkability to restaurants, shopping, farmers markets, festivals and more! Watch the fireworks for July 4, take waterfront strolls along Beach Drive and sit in your front yard enamored with the shimmering water views of St. Andrews Bay!
This property is zoned MU-3 providing many possibilities for a buyer. Currently being used a long term rental, short term rentals ARE ALLOWED and gives a savvy investor the opportunity to increase rents and maximize the return on this waterfront gem! Other uses for MU-3 include but are certainly not limited to: bed and breakfasts, private school, professional offices, grocery and convenience retail store, food establishment and so much more! Please see the City of Panama City for full zoning information.
Two of the units can be accessed from the ground level and two of the units can be accessed from the second level. Each unit is single level throughout. The units each have a bedroom and living room that face the beautiful waterfront. There is a kitchen, bedroom and bathroom overlooking the lush landscaping and hundred year old oak trees in the back yard. The dining room is conveniently located in the center of the unit and makes for a great open layout!
This is an amazing opportunity for an investor looking to expand their multi-family portfolio, a professional looking to create an office in a neighborhood and have income producing units above, or an individual looking to live in one unit and rent the other three year-round.
The possibilities are ENDLESS with this waterfront multi-family QUAD!
709 E Beach Dr, Panama City, FL 32401 is a 8 bedroom, 4 bathroom, 3,696 sqft multi-family built in 1943. It last sold for the $1,000,000 asking price on Mar 28, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,029,500, with a rent estimate of $1,190/month.
Last check for updates: about 17 hours ago
Listed by Sostheim Group, (850) 814-4560
Corcoran Reverie
Bought with: Michael Christie, (850) 774-5796, Think Real Estate
Originating MLS: Central Panhandle Association of REALTORS
Source: CPAR, MLS#753256
Home Details for 709 E Beach Dr
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Interior Details Number of Rooms: 8Types of Rooms: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Pantry |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Appliances & Utilities Utilities: Electricity Available, Water ConnectedAppliances: Washer/Dryer Stacked, Electric Range, Electric Water HeaterLaundry: Washer Hookup,Dryer Hookup,Stacked |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central |
Gas & Electric Has Electric on Property |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Two |
View Has a ViewView: Bay |
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Exterior Home Features Roof: ShakePatio / Porch: Covered, PorchFencing: Partial |
Parking & Garage No Garage |
Pool Pool: Other, See Remarks |
Frontage WaterfrontWaterfront: Bayfront, Seawall, See RemarksRoad Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadOn Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 4 |
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Year Built Year Built: 1943 |
Property Type / Style Property Type: ResidentialProperty Subtype: Quadruplex, Multi Family |
Building Construction Materials: BrickAttached To Another Structure |
Property Information Parcel Number: 20311000000 |
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Price List Price: $1,000,000 |
Status Change & Dates Off Market Date: Tue Feb 27 2024 |
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MLS Status: Closed |
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Direction & Address City: Panama CityCommunity: Harmon Plat |
School Information Elementary School: Cherry StreetJr High / Middle School: JinksHigh School: Bay |
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Building Area Building Area: 3696 Square Feet |
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Community Features: Waterfront, Short Term Rental Allowed |
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Association for this Listing: Central Panhandle Association of REALTORSNo HOA |
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Lot Area: 8276.4 sqft |
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Special Conditions: Listed As-Is |
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Mobile Home Park Mobile Home Units: Feet |
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Are Units Furnished: None |
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Mls Number: 753256Living Area Range Units: Square FeetWater ViewWater View: BayAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12005-N-20311000000-R-N |
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WaterfrontShort Term Rental Allowed |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 28, 2024 Source: CPAR #753256 | Sold | $1,000,000 |
Feb 28, 2024 Source: CPAR #753256 | Contingent | $1,000,000 |
Feb 24, 2024 Source: CPAR #753256 | Listed For Sale | $1,000,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $8,883 | $487,207 |
Home facts updated by county records
Market trends in Panama City
Last updated July 2026
Avg. sale price
$292K
$3.3KMoM
Sale-to-List Price
97.2%
0.2%MoM
Price per sq ft
$182
$1MoM
Available listings
449
7MoM
Around this home
What Locals Say about Panama City
At least 485 Trulia users voted on each feature.
87 % Say car is needed
82 % Say parking is easy
81 % Say it's dog friendly
80 % Say yards are well-kept
75 % Say there's holiday spirit
67 % Say kids play outside
64 % Say it's quiet
61 % Say people would walk alone at night
52 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
46 % Say there are sidewalks
45 % Say streets are well-lit
38 % Say there's wildlife
37 % Say it's walkable to restaurants
37 % Say it's walkable to grocery stores
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Frequently asked questions about 709 E Beach Dr
- What is 709 E Beach Dr estimated to be worth?Trulia's estimated value for 709 E Beach Dr in Panama City, FL is $1,029,500.
- What is the price history for 709 E Beach Dr?709 E Beach Dr in Panama City, FL last sold for $1,000,000 in March 2024.
- Is Panama City a buyer's or seller's market?Panama City is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Panama City?The median sale price in Panama City is $292K. That is up $3.3K from the prior month.
- Does 709 E Beach Dr have air conditioning?Yes, 709 E Beach Dr in Panama City, FL has air conditioning.
- Does 709 E Beach Dr have a pool?Yes, 709 E Beach Dr in Panama City, FL has a pool.
Explore by feature - Pet Friendly
SPECIAL OFFERPET FRIENDLYFURNISHED
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
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PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLYINCOME RESTRICTED
PET FRIENDLYINCOME RESTRICTED$1,151 - $1,322/mo2-3 bd2 baTranquility at Saint Andrews | 1318 Saint Andrews Blvd,
Panama City, FL 32405
Explore by feature - Garage
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Explore by feature - Air Conditioning
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- NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
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- NEW - 3 HRS AGOPET FRIENDLYINCOME RESTRICTED
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Explore by feature - Washer/dryer
- SPECIAL OFFERPET FRIENDLY
- NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
- PET FRIENDLY
- PET FRIENDLYINCOME RESTRICTED
- NEW - 3 HRS AGOPET FRIENDLYINCOME RESTRICTED
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- APPLY INSTANTLYPET FRIENDLYFURNISHED
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Explore by feature - Outdoor Space
- SPECIAL OFFERPET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
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APPLY INSTANTLYPET FRIENDLY
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