$640,000

21401 Hilltop Avenue, Panama City Beach, FL 32413

3 beds |
3 baths |
1,835 sqft

Single-Family Home
Built in 1991
5,663sqft lot
1 car garage
$349/sqft
Listed 28 days ago

Property 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.

Listing Status:: Active
Date Added:: March 6, 2026
Data Last Updated:: April 2, 2026 at 7:18AM
Listing Office:: Christies International Real Estate Emerald Coast : 850-213-2800
MLS ID:: 786385

Appliances: Electric CooktopElectric RangeElectric Water Heater
Flooring: Luxury Vinyl Plank
A/C: Central AirCeiling Fan(s)
Heating: CentralElectric

General: Guest House
Style: Coastal
Other Structures: Guest HousePorchPatioCovered
Parking: Paved

Roofing: CompositionMetalShingle
General: Stucco

Road/Access: City Street
Originating MLS: CPAR_CPAR
County: Bay

Zoning: RIVIERA BEACH MAP-13B4- LOT 166 ORB 2025 P 210735530-000-000
Fencing: FullFenced

Utilities: Electricity Available

Source: CPAR_CPAR

This listing courtesy of Christies International Real Estate Emerald Coast

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

West Bay Elementary School

14813 School Dr, Panama City Beach, FL, 32413

Grades KG-5

5.99 miles away

Surfside Middle School

300 Nautilus St, Panama City Beach, FL, 32413

Grades 6-8

6.70 miles away

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

8.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.