Duplex with Two 2BR/2BA
6328 Beach Drive Panama City, FL 32408
6328 Beach Drive, Panama City, FL, 32408
$529,000
Pending
For Sale
$529,000
Pending
MULTI_FAMILY - Other - Panama City, FL
Property Size2,176 SF
Days on Market103
Property Features for 6328 Beach Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3
- Fencing
- Fenced
- Appliances
- ElectricOven
- Standard status
- Pending
- APN
- 30718-000-000
- Size
- 2,176 SF
Taxes and HOA fees
- Tax Description
- HOLIDAY BEACH UNIT # 4 LOT 1 BLK N ORB 1111 P 1029 ORB 2426 P 262 ORB 2812 P 2090
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1989
- Building materials
- Stucco
- Architectural style
- Other
- Additional Structures
- Shed(s)
Listing Agency
Epique Realty Inc
(888) 893-3537
100 S Ashley Dr Ste. 600, Houston, FL
Listed by
Tammie B Julian · License #3462422
(607) 351-0969
Added: Apr 7 Checked: Jul 18 at 1:06 pm
MLS# 788047
Listing URL
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.
Investment Insights
Based on property information with market context.
Welcome to 6326/6328 Beach Drive, a duplex designed for flexible income use. The property features two spacious units, each with 2 bedrooms and 2 bathrooms, along with an open layout. Bedroom-level laundry supports everyday convenience, and each unit includes a private back porch and an outdoor shower. A fenced backyard adds outdoor space for tenants and guests. A large second-floor deck spans the front of the home, providing a place to relax and entertain.
The duplex is located near the coast in Panama City, with the beach described as two blocks away. The area is noted as golf cart-friendly with no HOA. The home has a stucco exterior and has been updated with a new HVAC system installed in 2023. The property is stated to not be located in a flood zone, with flood insurance not required. Zoning is provided for short-term rentals.
This configuration can fit short-term rental operations, long-term tenants, or an owner-occupant arrangement where one unit can be lived in while the other supports rental income. With nearby dining and shopping, plus convenient access to larger destinations including Pier Park and nearby military bases, the property is positioned to serve a range of tenant and guest needs.
The duplex is located near the coast in Panama City, with the beach described as two blocks away. The area is noted as golf cart-friendly with no HOA. The home has a stucco exterior and has been updated with a new HVAC system installed in 2023. The property is stated to not be located in a flood zone, with flood insurance not required. Zoning is provided for short-term rentals.
This configuration can fit short-term rental operations, long-term tenants, or an owner-occupant arrangement where one unit can be lived in while the other supports rental income. With nearby dining and shopping, plus convenient access to larger destinations including Pier Park and nearby military bases, the property is positioned to serve a range of tenant and guest needs.
Key Highlights
- Two‑unit duplex (6326/6328 Beach Drive), each unit offers 2 bedrooms and 2 bathrooms
- Income potential with short‑term rental zoning reported for the duplex
- Updated HVAC with a new system installed in 2023
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 | $44.4k | $20.40 |
| − Vacancy | −$6.8k | −$3.12 |
| EGI | $37.6k | $17.28 |
| − OpEx | −$11.3k | −$5.18 |
| NOI | $26.3k | $12.10 |
2,176 SF · lease $20.40/SF/yr · vacancy 15.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$376.0K
$329.0K – $438.7K
NOI $26,322 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$344.3K
$301.2K – $401.7K
NOI $24,099 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$547.2K
$478.8K – $638.4K
NOI $38,306 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit duplex with private porches, outdoor showers, and a second-floor deck—well suited for rental use.
Where is this duplex located?
The property is located at 6328 Beach Drive Panama City, FL.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Two‑unit duplex (6326/6328 Beach Drive), each unit offers 2 bedrooms and 2 bathrooms; Income potential with short‑term rental zoning reported for the duplex; Updated HVAC with a new system installed in 2023
