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Street View
$550,000
Monthly Est:$2,738
8 Beds
- 6 Baths
6 full baths
3,804sqft
5612 Hilltop Ave #A-C, Panama City, FL 32408
$550,000
$2,738/moEst:
Get Pre-Approved
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

Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
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
| Date | Event | Price |
|---|---|---|
10/02/2026 Source: | Pending | $550,000 $145/sqft |
09/14/2026 Source: | Price Decreased | $550,000 -8.32% $145/sqft |
09/09/2026 Source: | Price Decreased | $599,900 -4.02% $158/sqft |
07/29/2026 Source: | Price Decreased | $625,000 -7.27% $164/sqft |
07/27/2026 Source: | Price Decreased | $674,000 -3.58% $177/sqft |
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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®
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