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$512,000

5723 Sunset Ave Panama City Beach, FL 32408

3 beds
2 full
1,502 sqft
0.2 acres
$341 / sqft
House

Property details

About 5723 Sunset Ave

Coastal Retreat on 1.5 Lots - Steps from the Gulf! Income Potential + Endless PossibilitiesWelcome to your dream beachside haven! Whether you're looking for a high-performing investment property, a serene secondary escape, or your forever home by the sea, this coastal gem checks every box. Perfectly situated just a short stroll from the sparkling Gulf, this beautiful home sits on an expansive 1.5 lots--offering space, flexibility, and charm that's hard to find.Inside, you'll find an inviting layout that feels like a true getaway. An enclosed porch has been thoughtfully transformed into a game room, perfect for entertaining guests or relaxing with family after a day in the sun. Step outside to enjoy the deck and gazebo, ideal for star gazing, wine time, or lively family gatherings.The extra half lot is a true bonus--use it to build a mother-in-law suite, park your RV or boat, or design your dream pool and outdoor oasis.Every detail has been carefully considered to create a warm, welcoming space where memories are made and guests feel at home. The home has also proven to be a strong rental performer, making it a smart investment as well as a lifestyle upgrade.Don't miss your chance to own a piece of paradise with walkable beach access, versatile living space, and income potential all in one perfect package.Schedule your private showing today and come see why everyone wants to gather here before heading out to the beach.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,502 sqft
Lot size0.24 Acres
Year built1995
ParkingAttached, Driveway, Garage, Garage Door Opener, Oversized, Paved
MLS #773748
Attached garage1 space

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior: Cathedral Ceiling(s), Fireplace, Loft
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener, Oversized, Paved
  • Exterior: Sprinkler/Irrigation, Storm/Security Shutters, Rain Gutters
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $512,000
  • Price/SqFt: $340
  • Annual Tax Amount: $4,235
  • Tax Year: 2023
  • Directions: West on Thomas Dr to Luff St, right on Luff, left on Sunset, house is on left.
  • Year Built: 1995
  • Living Area: 1,502 SqFt
  • Lot Size: 0.24 Acres
  • MLS Number: 773748
  • MLS Name: BCAR
  • Office Name: Think Real Estate

IDX 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: 7/30/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 14, 2022
Home Sold
$415,000

Tax history

YearAssessmentProperty Tax
2023$335,609$4,235
2022$119,775$926
2021$116,286$926
2020$114,680$915
2018$110,158$883
2017$107,892$865

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

1.6 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,841. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Most families are 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?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • ChipotleChipotle

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5723 Sunset Ave

The listing price of 5723 Sunset Ave property is $512,000.

The property 5723 Sunset Ave is a house located in Panama City Beach, Florida, 32408.

Active Listing: 5723 Sunset Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5723 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), J.R. Arnold High School (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $4,235 (source: MLS/based on county public records data).

The last sale was on September 14, 2022 for $415,000 (source: MLS/tax record).

The property at 5723 Sunset Ave has 3 bedrooms and 2 bathrooms.

The property 5723 Sunset Ave is 1,502 SqFt (source: MLS/tax record).

The year of construction for 5723 Sunset Ave is 1995.

This home is located at 5723 Sunset Ave in Panama City Beach, FL and zip code 32408 in the Biltmore Beach neighborhood. This 1,502 square foot home, which was built in 1995, sits on a 0.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $512,000.

While more than 26 listings in Panama City Beach, 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. Between May and June 2025, Panama City Beach, FL real estate market has seen decrease in the number of listings by 2.4%. In June 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $330,871.

From Rocket Homes Real Estate and based on county public records data.

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