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Sale Pending at 5612 Hilltop Ave #A-C, Panama City, FL 32408 | MLS# 792506 | Listing updated on 2026-10-05
Photo 1 of Sale Pending at 5612 Hilltop Ave #A-C, Panama City, FL 32408 | MLS# 792506 | Listing updated on 2026-10-05
Photo 2 of Sale Pending at 5612 Hilltop Ave #A-C, Panama City, FL 32408 | MLS# 792506 | Listing updated on 2026-10-05
Photo 3 of Sale Pending at 5612 Hilltop Ave #A-C, Panama City, FL 32408 | MLS# 792506 | Listing updated on 2026-10-05
Photo 4 of Sale Pending at 5612 Hilltop Ave #A-C, Panama City, FL 32408 | MLS# 792506 | Listing updated on 2026-10-05
71+
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Street View

$550,000

Monthly Est:$2,738

  • Beds Icon8 Beds
  • Beds Icon
    6 Baths
  • Beds Icon3,804sqft

5612 Hilltop Ave #A-C, Panama City, FL 32408

$2,738/moEst:

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  • Triplex

  • Built in 1986

  • $-- HOA

  • 0.15 acre lot

  • $145/sq.ft

Description

UNIQUE TRIPLEX OPPORTUNITY! This sprawling 8-bedroom, 6-bathroom PCB triplex offers a rare opportunity to own a spacious property with incredible income potential just blocks from the Gulf. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or simply own a home with exceptional flexibility, this unique offering deserves a closer look. It is the perfect opportunity for an investor with vision to bring this property's true potential to life. The main floor is anchored by Apartment A, a spacious split-level 4-bedr, 2-bath home featuring a beautifully updated kitchen with white cabinets, granite countertops, stainless steel appliances, plus a converted two-car garage that creates an expansive bonus/flex space. Apartment B is a 2-bedroom, 2-bath unit on the second floor with its own separate entrance. Above, Apartment C occupies the third floor and offers another private 2-bedroom, 2-bath layout with elevated views and its own entrance.

This rare opportunity is highlighted by its fantastic location in the South Lagoon. It sits just a few blocks from public beach access points off Gulf Drive, offering immediate access to the emerald waters and is even closer to the local boat ramp on the lagoon. No HOA! The expansive lot offers parking freedom, perfectly accommodating an RV, boat, or multiple vehicles. It is ideally positioned within a short stroll or golf cart ride to the marina area, beloved seafood spots, dining, and shopping options along Thomas Drive, seamlessly combining a neighborhood feel with effortless accessibility to the best local attractions. Schedule your showing today. A video tour is also available

  • Houzeo last checked: 13 minutes ago
  • Listing updated: October 5, 2026 at 3:27 pm
  • Listing Provided by: Courtney Pantalena (850) 738-4881 DRE #3504789 | Coldwell Banker Realty (850) 650-4563
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 792506 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    1986

  • HOA Fees

    -

  • Finished Area

    3,804 sqft

  • Lot Size

    0.15 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    792506

  • MLS Status

    Pending

  • Days on Market

    116

  • Cumulative Days on Market

    84

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 6

  • Bedroom

    Level: Second

    Area: 1.00 Square Feet

    Dimensions: 1 x 1

  • Bedroom

    Level: Second

    Area: 1.00 Square Feet

    Dimensions: 1 x 1

  • Bedroom

    Level: Second

    Area: 1.00 Square Feet

    Dimensions: 1 x 1

  • PrimaryBedroom

    Level: Second

    Area: 1.00 Square Feet

    Dimensions: 1 x 1

  • Bedroom

    Level: First

    Area: 1.00 Square Feet

    Dimensions: 1 x 1

  • BonusRoom

    Level: First

    Area: 1.00 Square Feet

    Dimensions: 1 x 1

  • Kitchen

    Level: First

    Area: 1.00 Square Feet

    Dimensions: 1 x 1

  • LivingRoom

    Level: First

    Area: 1.00 Square Feet

    Dimensions: 1 x 1

Interior

  • Cooling

    Central Air

  • Interior Features

    Upper Level Primary

  • Appliances

    Electric Oven

  • Heating

    Central

Construction

  • Year Built

    Year Built: 1986

  • Home type

    Triplex

  • Construction Materials

    Stucco

Other Features

  • Community Features

    Short Term Rental Allowed

  • Subdivision Name

    Biltmore Beach 1st Add

Price History

DateEventPrice

10/02/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792506

Pending

$550,000

$145/sqft

09/14/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792506

Price Decreased

$550,000 -8.32%

$145/sqft

09/09/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792506

Price Decreased

$599,900 -4.02%

$158/sqft

07/29/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792506

Price Decreased

$625,000 -7.27%

$164/sqft

07/27/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #792506

Price Decreased

$674,000 -3.58%

$177/sqft

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Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Nov 05, 2026, 12:15AM. 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. ©2026 Bay Central Panhandle Association of REALTORS®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC

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