#764465, Listing office: MMK Topsell Properties LLC
$248,900 List price
1320 E 5th St Unit 103 Panama City, FL 32401
2 beds
2 full
844 sqft
$295 / sqft
Condo
Property details
About 1320 E 5th St Unit 103
Charming Turnkey Rental Investment with Boat Slip in Beautiful Panama City, Florida!Welcome to your next investment! This delightful turnkey rental Condo is the perfect opportunity for anyone looking to step into the thriving Panama City rental market without the hassle.What You'll Love About This Property:- Fantastic Location: Situated right on Watson Bayou just a mile away from Downtown Panama City with amazing dining spots, and fun local attractions, this unit is perfectly positioned to attract both vacationers and long-term tenants. Perfect for avid fishermen, keep your boat at the deeded boat slip and just a 10 minute ride to the Saint Andrews Pass!- Move-In Ready: Fully furnished with stylish decor and comfortable furnishings, this charming unit is ready to welcome guests right away. Simply move in or list it for rentals immediately!- Spacious Comfort: With 844 sq ft of inviting living space, this unit features 2 cozy bedrooms and 2 bathrooms, plus an open-concept layout that's perfect for relaxing or entertaining.- Modern Amenities: Enjoy a well-equipped kitchen with sleek stainless steel appliances, generous countertops, and ample storage options. Plus, you'll find convenient in-unit laundry facilities and air conditioning for year-round comfort. HOA covers Internet, boat slip (with Electric & water), trash, & pest control! Only pay your electric!- Bonus Feature - Deeded Boat Slip: This property even includes a deeded boat slip! Perfect for those who love spending time on the water, it offers easy GULF access to boating and fishing right from your doorstep.- Rental History: With AirbNb rental history and a high demand for properties in this area, you can feel confident in your investment's potential for cash flow and appreciation.- Low Maintenance: Well-maintained and managed, this property is not only charming but also easy to care for, making it an ideal rental investment.Don't miss this friendly and fabulous turnkey rental opportunity in lovely Panama City! Contact us today to schedule your showing and start your journey to owning this amazing property!Any Assessment paid in full at closing!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size844 sqft
Year built1985
ParkingElectric Gate, Paved, Parking Lot
MLS #775714
WaterfrontBay, Dock, Boat Slip, Bayou, Dock Access, Seawall, Waterfront
ViewBayou
Summary
- Full Bathrooms: 2
- Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator
- Total Bedroom Count: 2
- Parking: Electric Gate, Paved, Parking Lot
- Waterfront: Bay, Dock, Boat Slip, Bayou, Dock Access, Seawall, Waterfront
- View: Bayou
- Exterior: Balcony
- Architectural Style: Low Rise
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $248,900
- Price/SqFt: $294
- HOA Amount: $1643 Quarterly
- Lot: Waterfront
- Directions: From MLK boulevard take a left on Business 98 and the condominium is on the right.
- Year Built: 1985
- Living Area: 844 SqFt
- MLS Number: 775714
- MLS Name: BCAR
- Office Name: Foundation Real Estate Agency LLC
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Merriam Cherry Street Elementary School
Public District PK-5
0.7 mi
•1125 Cherry St
1
Cedar Grove Elementary School
Public District PK-5
1.7 mi
•2826 E 15th St
4
Palm Bay Elementary School
Public Charter KG-5
2.2 mi
•1104 Balboa Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,379. Typical income of Panama City, FL residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
40%
<35k
55%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
17%
Single, with Kids
21%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing- UFC
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
White Castle
Golden Corral
Burger King
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Rock
Adult Standards
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1320 E 5th St Unit 103
The listing price of 1320 E 5th St Unit 103 property is $248,900.
The property 1320 E 5th St Unit 103 is a condo located in Panama City, Florida, 32401.
Active Listing: 1320 E 5th St Unit 103 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1320 E 5th St Unit 103 are: Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Palm Bay Elementary School (GreatSchools Rating 4/10), Jinks Middle School (GreatSchools Rating 2/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rosenwald High School (GreatSchools Rating 1/10), Bay High School (GreatSchools Rating 5/10), Rutherford High School (GreatSchools Rating 3/10).
The property at 1320 E 5th St Unit 103 has 2 bedrooms and 2 bathrooms.
The property 1320 E 5th St Unit 103 is 844 SqFt (source: MLS/tax record).
The year of construction for 1320 E 5th St Unit 103 is 1985.
This home is located at 1320 E 5th St Unit 103 in Panama City, FL and zip code 32401. This 844 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $248,900.
While more than 26 listings in Panama City, FL in June 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 144 were sold below. In June 2025 in Panama City, FL there were 2.4% less homes for sale than in May. While the average time on the market in June 2025 was 78 days, the median list price was $330,871.
From Rocket Homes Real Estate and based on county public records data.