5701 Hilltop Ave, Panama City Beach, FL, 32408
About This Home
Prime short-term rental opportunity in Panama City Beach! This 5-bedroom, 2.5-bath coastal-style home is ideally positioned for strong rental performance, just a short walk to beach access and minutes from a public boat ramp--an unbeatable combination for vacation guests. Designed with rentals in mind, the open-concept floor plan offers spacious living and dining areas that comfortably accommodate larger groups. The kitchen features granite countertops, custom cabinetry, and ample prep space--perfect for entertaining guests and maximizing occupancy appeal. The layout provides flexibility and privacy with a first-floor primary suite and four additional bedrooms upstairs, including two with balcony access--an added feature guests love. The fully fenced backyard creates a private outdoor space, enhancing guest experience and repeat bookings. Located in the desirable Biltmore Beach area with short-term rentals allowed, this property offers excellent income potential as a vacation rental, second home, or hybrid investment. Proximity to the Gulf, boating, dining, and attractions ensures year-round demand. Capitalize on location, layout, and rental demand--this is a high-performing beach investment opportunity you don't want to miss!
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2018
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Electric Water Heater
Bedroom
- Level: Second
- Dimensions: 11.8 x 10.2
Bedroom
- Level: Second
- Dimensions: 12.6 x 11
Bedroom
- Level: Second
- Dimensions: 12.8 x 11
Bedroom
- Level: Second
- Dimensions: 12.8 x 11
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Luxury Vinyl Plank
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,998
- Total interior livable area: 1,998 sqft
Master Bedroom
- Level: First
- Dimensions: 13.4 x 12.6
Property
Details
- Parcel number: 32026000000
- Zoning description: Resid Single Family
- Special condition: Listed As-Is
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony,Covered,Porch
- Fencing: Fenced
Lot
- Lot size: 6,098 sqft
- Lot size dimensions: 120 x 50
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Cold Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,831 | $33,972 |
| Home Insurance * | $770 | $9,240 |
| Property Taxes | $568 | $6,816 |
| Electricity | $201 | $2,412 |
| Total | $4,370 | $52,440 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Price change | $660,000 |
| 2026-03-25 | Listed for sale | $690,000 |
| 2022-10-11 | Sold | $715,000 |
| 2022-09-05 | Pending sale | $720,000 |
| 2022-08-10 | Price change | $720,000 |
| 2022-07-28 | Price change | $734,000 |
| 2022-07-14 | Listed for sale | $750,000 |
| 2018-11-22 | Sold | $285,000 |
| 2018-10-04 | Pending sale | $285,000 |
| 2018-10-03 | Price change | $285,000 |
| 2018-08-26 | Price change | $279,855 |
| 2018-08-02 | Price change | $279,000 |
| 2018-07-18 | Price change | $289,000 |
| 2018-06-21 | Price change | $298,855 |
| 2018-05-29 | Price change | $309,000 |
| 2018-05-21 | Price change | $314,000 |
| 2018-03-26 | Listed for sale | $319,000 |
| 2017-06-01 | Sold | $102,500 |
| 2017-02-01 | Sold | $57,000 |
| 2009-10-09 | Sold | $40,000 |
| 2005-02-22 | Sold | $135,000 |
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