21401 Hilltop Avenue, Panama City Beach, FL 32413
Riviera Beach · Bay County
Key Facts
Description
Great opportunity on the quiet West End of Panama City Beach - just 3 blocks from the beach and perfectly positioned for a strong short-term rental or personal getaway. This beach house offers a projected annual gross rental income of $54,000-$78,000 and has been thoughtfully expanded with an additional 700 square feet by converting the adjacent garage into a fully functional living space. The new addition includes 1 Bedroom, a Full Bathroom, a Bunk room, and a Full Living room, creating a separate guest suite that adds flexibility and increased rental potential. The main home features 2 Bedrooms and 2 Full Bathrooms, providing comfortable coastal living in a peaceful area while still being close to the beach and everything PCB has to offer. If you're looking for a turnkey investment or beach retreat with great income potential, this property is worth a look. Reach out today to schedule a showing.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Coastal
Year Built
1991
Living Area
1,835 sq ft
Lot Size
0.13 acres
Lot Dimensions
50x110
Garage Spaces
1
Days on Market
126
MLS® Listing#
786385
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Patio
Fencing
Construction
Roof
Other Structures
Utilities
Rooms
- Bedroom14 x 14First
- Bedroom12 x 12First
- Bedroom14 x 14First
Schools
- Elementary:
- West Bay
- Middle:
- Surfside
- High:
- Arnold
Financial Details
HOA
None
Annual Taxes
$4,909
Tax year 2025
Parcel Number
35530-000-000
Directions
Heading East on Front Beach Road from US98 from Lake Powell Bridge, turn Left on Riviera Drive, turn Right on Hilltop Ave, property will be on your right.
Affordability Calculator
$128,000
Estimated monthly payment
$3,406/mo
Principal $512,000 · Est. interest $714,286 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City Beach, FL
- $471,570
- Median Listing Price
- 112
- Median Days on Market
- 1,459
- Median Sq Ft
- $348
- Median Price / Sq Ft
- 31,346
- Active Listings
- This home’s price is 36% above the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.
Location
Points of Interest in Panama City Beach, FL
Showing the Panama City Beach area map.
Nearby Schools
Ohana Institute
School · 4.0 mi away
PCB Academy
School · 4.3 mi away
West Bay Elementary School
Elementary · 6.0 mi away
Surfside Middle School
Secondary · 6.7 mi away
Hutchison Beach Elementary School
Elementary · 7.8 mi away
Surfside Kids Academy
School · 8.3 mi away
Arnold Pre K
Secondary · 8.6 mi away
JR Arnold High School
Secondary · 9.0 mi away
Breakfast Point Academy
School · 9.3 mi away
Dune Lakes Elementary School
Elementary · 9.8 mi away
Primary Prep School
Elementary · 10.0 mi away
St Bernadette Early Childhood Development Center
School · 10.4 mi away
Twisted Fork Culinary Classroom
School · 11.4 mi away
Learning Tree II-Child Development Center
School · 12.0 mi away
Stacey's Fun in the Sun Preschool 2 Inc.
School · 12.0 mi away
Seaside Neighborhood School
Elementary · 12.1 mi away
Emerald Coast Middle School
Secondary · 12.1 mi away
The Preschool at Point Washington
School · 12.6 mi away
Patronis Elementary School
Elementary · 12.6 mi away
Bay Elementary School
Elementary · 12.7 mi away
Commute Calculator
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|---|---|---|---|---|
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| 283 Sunset Bay 28B, Miramar Beach, FL | $448,000 | 2 | 2 | 1,110 |
| 12480 S FERN POINT, FLORAL CITY, FL | $448,000 | 3 | 2 | 2,343 |
| 2602 E Hallandale Beach Blvd R2510, Hallandale Beach, FL | $448,000 | 2 | 2 | 1,028 |
Moving Cost Estimate
EXIT Agents in Panama City Beach
Listing Courtesy: Christies International Real Estate Emerald Coast - 8502132800