Beach Homes Realty
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21916 belgrade avenue

Panama City Beach, FL 32413

4 BEDS 4 BATHS
Residential - Single Family
Image 1
Bedrooms 4
Total Baths 4
Status Off Market
MLS # 988846
County Bay
More Info
Category Residential - Single Family
Status Off Market
MLS # 988846
County Bay
Situated on the highly desirable West End of Panama City Beach, just one block from the stunning Gulf of Mexico, this multi-family property offers incredible potential for seasoned investors or those looking to enter the booming vacation rental market. With convenient access to multiple public beach access points within a few blocks, this property combines location, flexibility, and growth potential like no other. The property at 21916 Belgrade Ave features two main buildings plus a bonus structure, presenting multiple income streams. Building one is a spacious, fully upgraded two-bedroom, two-bath condo with an additional bunk nook — ideal for maximizing rental capacity. The modern kitchen with granite counters and stainless steel appliances appeals to guests seeking comfort and style, while the primary suite with en-suite bath and elegant furniture package provides a premium rental experience. The second bedroom, filled with natural light, comfortably hosts two queen beds, making it a favorite among vacationers. Building two offers a duplex layout with mirrored one-bedroom, one-bath units, each with a small kitchen  perfect for short-term rentals or long-term tenants. Both sides are unfurnished, offering flexibility for customization and maximization of rental income. The back bonus building addition as well. Located in Panama City Beach's fastest-growing area, this property benefits from low density, quiet beaches, and Old Florida charm combined with rising popularity. The West End's proximity to top beaches, local restaurants, grocery options, and entertainment venues make it a prime spot for vacation rentals, providing excellent appreciation potential!
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Exterior Features

  • Style Beach House
  • Construction Single Family
  • Exterior Balcony, Hot Tub, Separate Bldg Rent
  • Garage No
  • Lot Dimensions 50x125

Interior Features

  • Year Built 1960

Neighborhood & Schools

  • Subdivision KISKA BEACH
  • Elementary School West Bay
  • Middle School Surfside
  • High School Arnold

Financial Information

  • Parcel ID 35998-040-000
  • Zoning Resid Multi-Family

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.