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$889,000

For Sale

4 months ago

21916 Belgrade Ave, Panama City Beach, FL

House

MLS® 988846

4 Bed

4 Bath

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes 
Days Active 115
Lot Size 
Approx. Age 1960
MLS® Number 988846

Property Address: 21916 Belgrade Ave, Panama City Beach, FL, 32413-1258

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number988846
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1960
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:First Floor11 × 11 ft
Master Bedroom:First Floor10 × 12 ft
Other:First Floor11 × 7 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 3, 2025List Date
$889,000List Price
  • Commute

Commute

Starting Address
Destination Address
21916 Belgrade Ave, Panama City Beach, FL

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