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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5612 Hilltop Avenue A-c , Panama City Beach, FL 32408
$625,000
Est. Payment: $3,169.88/mo
8 Bed
6 Bath
3804 Sqft
Status: active | Days on site: 27
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

UNIQUE TRIPLEX OPPORTUNITY! This sprawling 8-bedroom, 6-bathroom PCB triplex offers a rare opportunity to own a spacious property with incredible income potential just blocks from the Gulf. Situated on a prominent corner, this unique property spans three separate parcels, giving you ownership of the entire corner--a rare feature that provides added space, flexibility, privacy, and long-term value. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or simply own a property with exceptional versatility, this offering deserves a closer look. It is the perfect opportunity for an investor with vision to bring this property's true potential to life. The main floor is anchored by Apartment A, a spacious split-level 4-bedroom, 2-bath home featuring a beautifully updated kitchen with white cabinetry, granite countertops, stainless steel appliances, and a converted two-car garage that creates an expansive bonus/flex space. Apartment B is a private 2-bedroom, 2-bath unit on the second floor with its own separate entrance. Above, Apartment C occupies the third floor and offers another private 2-bedroom, 2-bath layout with elevated views and its own entrance. This rare opportunity is highlighted by its fantastic location in the South Lagoon. It sits just a few blocks from public beach access points off Gulf Drive, offering immediate access to the emerald waters and is even closer to the local boat ramp on the lagoon. No HOA! The expansive lot offers parking freedom, perfectly accommodating an RV, boat, or multiple vehicles. It is ideally positioned within a short stroll or golf cart ride to the marina area, beloved seafood spots, dining, and shopping options along Thomas Drive, seamlessly combining a neighborhood feel with effortless accessibility to the best local attractions. Schedule your showing today. A video tour is also available

Highlights

Listed by Courtney Pantalena , 850-738-4881 and Megan Saepae , 808-692-2284 Coldwell Banker Realty , 850-650-4563. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

Year Built

1986

County

Bay

Area

27 - Bay County

Neighborhood

Biltmore Beach 1St Addn

Listing ID

1007232

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Dishwasher, Microwave, Refrigerator, Stove/Oven Electric
Air Cond:Central Air
Fireplaces:

Exterior Features

Sewer:Septic Tank
Parking Features:Covered
Principal Interest
$3,170
Taxes
$313

Home Price

$625,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$125,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,169.88

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,169.88 $312.83 $0.00 $3,482.71
Yearly $38,038.58 $3,753.99 $0.00 $41,792.57
Total $1,141,157.55 $112,619.70 $0.00 $1,253,777.25

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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