133 Gwyn Drive, Panama City Beach, FL 32408
MULTI_FAMILY - Panama City Beach, FL
- Added:
- Jul 7, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 7 at 4:06 pm
Property Features for 133 Gwyn Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bathroom 7, Bedroom 1, Bathroom 6, Bedroom 8, Bathroom 5, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 8, Bathroom 4, Bedroom 3
- Interior features
- MainLevelPrimary, UpperLevelPrimary
- Appliances
- ElectricCooktop
- Standard status
- Active
- APN
- 30165-260-010
- Size
- 3,732 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 4 4S 15W -15.10A- 69B COM 1033.69' N OF NE COR OF GREENTREE UNIT ONE TH W 188.94 FOR POB TH CONT W 80' S 119.11 E 80' N 119.15' TO POB AKA LOT 3 SUBJ TO ESMT ORB 4462 P 989
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1998
- Floors in Building
- 2
- Building materials
- VinylSiding
Listing agent Tareva Ligas License #SL3519034 (956) 274-1388
Listing office Keller Williams Success Realty 7923 Panama City Beach Pkwy, Panama City Beach, FL (850) 249-0313
Listing date Jul 7, 2026
Copyright © 2026 Central Panhandle 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
- Quadplex built in 1998 with vinyl siding and central heating and central air
- Assumable 2.875% FHA mortgage available (subject to lender approval and buyer qualification)
- Zoned X flood zone and Commercial Mixed Use; applicable for short‑term rental use
- Roof replaced in 2019
- 4‑point inspection reports available for each unit, documenting HVAC and plumbing
- Public sewer; located about 7 minutes from Beach Access 2
Overview
The property is located at 133 Gwyn Drive in Panama City Beach, Florida, within Bay County. It is described as being zoned X flood zone and Commercial Mixed Use. The listing notes convenient access to Beach Access 2, approximately 7 minutes away, with surrounding amenities including restaurants, shopping, and grocery stores.
For buyers seeking a small multifamily asset, this quadplex presents a consolidated ownership structure and documented condition information through the available inspection reports. The offering is also described as including an assumable FHA mortgage at 2.875%, subject to lender approval and buyer qualification. With the stated zoning allowing for applicability to short-term rental use, the property may fit investors or operators looking for flexibility between long-term tenants and vacation-style occupancy, depending on local compliance requirements.
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 | $60.5k | $16.20 |
| − Vacancy | −$3.7k | −$1.00 |
| EGI | $56.7k | $15.20 |
| − OpEx | −$17.0k | −$4.56 |
| NOI | $39.7k | $10.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Longitude
- -85.75372
- Latitude
- 30.167189
