6319 Hilltop Avenue, Panama City, FL 32408
- Added:
- Apr 2, 2026
- Days on Market:
- 87
- Last Refresh:
- Jun 27 at 8:06 pm
Property Features for 6319 Hilltop Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Resid Single Family
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Dining Room, Bedroom 2, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 1, Bathroom 2, Bathroom 4, Den, Bedroom 4, Bathroom 3, Bedroom 6, Bathroom 6, Bedroom 5
- Patio and Porch features
- Deck
- Exterior features
- Balcony, Boat Launch, Fenced Back Yard
- Fencing
- Back Yard, Privacy
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
- Standard status
- Pending
- APN
- 30753-211-000
- Size
- 2,720 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Holiday Beach Unit #8 Lot 37 Blk 5 Orb 4628 P 1740
- Tax Annual Amount
- 5453
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1981
- Floors in Building
- 2
- Building materials
- Siding CmntFbrHrdBrd
- Architectural style
- Other
Listing agent Elizabeth Gant License #3574865 (901) 494-3228
Listing office RE/MAX Coastal Properties 725 Harbor Blvd, Destin, FL (850) 837-9900
Listing date Apr 2, 2026
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully renovated duplex with $107,000 generated in the past 12 months
- Each side offers 3 bedrooms and 2.5 bathrooms with an open‑concept layout
- Both primary suites include private balconies overlooking a fenced, privacy‑fenced backyard
- Durable LVP flooring throughout and central HVAC with central air
- Kitchen appliances include dishwasher, microwave, electric stove/oven, washer, and dryer
- Includes deck/patio space, plus boat launch nearby (0.3 miles to a public boat ramp) and septic tank sewer
Overview
The duplex is listed under Resid Single Family zoning and is positioned minutes from the beach, with the ability to walk or use a golf cart to area white-sand and turquoise-water beaches, as well as coffee shops, restaurants, and local retail. A public boat ramp is approximately 0.3 miles away, adding easy access for time on both the Gulf and the bay.
For buyers seeking a duplex with updated finishes, this configuration offers two well-proportioned units in a renovated condition. The property is also described as having generated $107,000 in the past 12 months, providing a documented recent history of rental income based on the information provided.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.5k | $20.40 |
| − Vacancy | −$8.5k | −$3.12 |
| EGI | $47.0k | $17.28 |
| − OpEx | −$14.1k | −$5.18 |
| NOI | $32.9k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.763252
- Latitude
- 30.153726
