Backup offers
#772589, Listing office: Coastal Real Estate Group, Inc
$414,500 List price
5607 Sunset Ave Panama City Beach, FL 32408
4 beds
2 full
1,344 sqft
$308 / sqft
Multi-Family
Property details
About 5607 Sunset Ave
Walk to the Beach. Own a Duplex. Live or Invest in Both.This is the best-valued duplex on the east end--just steps from the Gulf and the Lagoon. Whether you're looking to live in one side, rent both, or furnish for STRs, this property is a rare chance to own two income-producing units in a prime coastal location.Each side offers 2 beds, 1 bath, private entry, and parking. No HOA, no flood zone, and you're 1000 feet to beach access and the public boat ramp.Recent HVAC (Unit B) + water heater (Unit A)Spacious backyard with room to enhanceRoof last permitted in 2015Clean layout. Coastal location. Rental-ready. This is the kind of property that pays for itself--and then some.
Highlights
Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,344 sqft
Year built1982
MLS #773645
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Total Bedroom Count: 4
- Architectural Style: Duplex
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $414,500
- Price/SqFt: $308
- Annual Tax Amount: $3,118
- Tax Year: 2023
- Directions: Head east on Thomas Dr. Turn left onto Luff St. and then right onto Sunset Ave. Duplex is on the right 5607-
- Year Built: 1982
- Living Area: 1,344 SqFt
- MLS Number: 773645
- MLS Name: BCAR
- Office Name: Lifes A Beach Real Estate, 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: 7/21/2025, 1:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 02, 2015 | Home Sold | $142,500 |
| May 18, 2009 | Home Sold | $97,200 |
| Mar 29, 2005 | Home Sold | $192,500 |
| May 13, 2004 | Home Sold | $174,900 |
| Feb 26, 2001 | Home Sold | $99,900 |
| May 03, 1999 | Home Sold | $73,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $300,019 | $3,118 |
| 2022 | $182,230 | $2,137 |
| 2021 | $164,087 | $2,137 |
History based on county public records data.
Nearby schools
7
Patronis Elementary School
Public District KG-5
1.7 mi
•7400 Patronis Dr
5
Lucille Moore Elementary School
Public District PK-5
3.9 mi
•1900 Michigan Ave
1
St. Andrew School at Oakland Terrace
Public District PK-5
4.3 mi
•2010 W 12th St
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 $42,841. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
40%
<35k
52%
35k-100k
5%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
7%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Soccer
Pro Boxing
Hiking/backpacking
Where do the neighbors shop?
Forever 21
Burlington
Nordstrom Rack
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Chipotle
What do the neighbors drive?
Mazda
Dodge
Oldsmobile
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5607 Sunset Ave
The listing price of 5607 Sunset Ave property is $414,500.
The property 5607 Sunset Ave is a multi located in Panama City Beach, Florida, 32408.
Active Listing: 5607 Sunset Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5607 Sunset Ave are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Breakfast Point Academy (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10), Bay Virtual Franchise (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $3,118 (source: MLS/based on county public records data).
The last sale was on September 2, 2015 for $142,500 (source: MLS/tax record).
The property 5607 Sunset Ave is 1,344 SqFt (source: MLS/tax record).
The year of construction for 5607 Sunset Ave is 1982.
This home is located at 5607 Sunset Ave in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 1,344 square foot home was built in 1982. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 24, 2025 and is currently priced at $414,500.
Panama City Beach, FL housing market in June 2025 saw over 26 listings sold above listed price, more than 47 sold at listed price and over 144 sold below. The number of listings in Panama City Beach, FL decreased by 2.4% between May and June 2025. Listings spent 78 days on the market in June 2025, and had a median list price of $330,871 during the same period.
From Rocket Homes Real Estate and based on county public records data.