Back B/5812 Beach Drive
Off Market

B/5812 Beach Drive

Lower Grand Lagoon FL 32408

3
2
1260 sq. ft.
Townhouse
Last sold for $370,000

Overview

Blissful Beach Bungalow offers a delightful coastal farmhouse-inspired retreat just a 3-minute walk from the beach in Panama City Beach. This two-story home accommodates families and furry friends, with a spacious backyard for pets to roam. Conveniently located near attractions like St. Andrew's State Park, Rick Seltzer Park, and Treasure Island Marina, guests can easily enjoy various activities while being close to the serene beaches. Blissful Beach Bungalow is located on what is considered the East end of Panama City Beach. It is only a couple blocks from the white sandy beaches and the same distance to your closest public boat ramp. This three bedroom, two bathroom retreat comes fully furnished and is bringing in revenue day-by-day, being a short term rental on Panama City Beach. Boasting an impressive $62k in revenue in 2023 & $40,000 in 2024, this beach bungalow will keep sending cash flow to any owner. Blissful Beach Bungalow was purchased in 2018 and was gutted and remodeled throughout. A new metal roof was installed in 2018, spray foam installed inside all the walls and attic, full bathroom & kitchen gut & remodel, new windows and doors installed, new siding & paint, oversized decks added, fully irrigated back yard that is fully fenced, new HVAC system in 2019, new water heater in 2019, new light fixtures and plumbing fixtures throughout. Nothing remained untouched by the end of this remodel!

Features

3 bedrooms
2 bathrooms
1260 sq. ft. floor area
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of B/5812 Beach Drive is $387.5k.

Median value
$387.5k
Estimated value range
$200k - $1.04m
Median days on market
78
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for B/5812 Beach Drive

2025
Sold
$370,000
12 Nov 2025
2021
Sold
$257,000
03 May 2021 by Tyler Southerland, of Keller Williams Realty Emerald Coast

Happy sellers in Lower Grand Lagoon

89%
89% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 3 bedroom townhouses in Lower Grand Lagoon

In the last 12 months, 13 three-bedroom townhouses similar to B/5812 Beach Drive, have been sold.

This represents a 160% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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