BEDS4
BATHS4 full
SQUARE FEET1,716
MLS#785519
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBid-A-Wee Beach
Property Description
PRICED TO SELL! Own a true piece of American history just steps from the sugar-white sands in the highly sought-after Bid-A-Wee Beach community of Panama City Beach. Originally constructed during the Cold War era as barracks housing for military personnel, this remarkable property blends historic character with modern-day investment potential--offering a story as special as the location itself. Situated on a rare double lot with two separate addresses, this is widely considered one of the premier parcels in Bid-A-Wee. The expansive homesite offers exceptional flexibility, including the potential to build two stunning three-story homes, create a multi-generational beach compound, or maximize returns with future development. Short-term rentals are allowed, and there is no HOA, making this an increasingly rare and valuable opportunity. The existing duplex features 4 bedrooms and 4 fully renovated bathrooms, with more than $70,000 in recent improvements. Each side lives like its own private residence--perfect for renting both for maximum income, occupying one side while renting the other, or holding as an investment while planning future construction. With projected rental potential reaching up to $100,000 annually, the income possibilities are substantial. Owners and guests enjoy exclusive private access to five gated Bid-A-Wee Beach entrances, just a short walk away, offering a quieter, more private beach experience reserved only for property owners and their guests. Whether you envision building signature beach homes, creating a legacy property, or securing a high-performing investment with immediate income, this is a once-in-a-generation opportunity to own one of Bid-A-Wee's most iconic and versatile properties.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Window Unit(s)
Fenced: Yes
Home Style: Duplex
Lot Size: 0.21 Acres
Roof Type: Metal
Taxes: $7,824
Year Built: 1963
Feature Descriptions
Appliances: Electric Cooktop, Electric Range
Community Features: Beach, Short Term Rental Allowed
Days on Site: 95
Exterior: Block
Fencing: Fenced
Lot Dimensions: 60x150
Parcel#: 34749-020-000
Parking: Additional Parking
Parking Notes: Additional Parking
Patio/Porch: Covered, Patio
Sewer: Public Sewer
Room Sizes
Bedroom: 10 X 10
Bedroom: 11 X 12
Bedroom: 10 X 12
Bedroom: 10 X 12
Local Schools
High School: Arnold
Middle School: Surfside
Elementary School: Hutchison Beach
Listed By / Shown By
Listed By
Agency Name: Keller Williams Success Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 2,250.44 per month $1,413.23 Principal & Interest $652.00 Property Tax $185.21 Homeowner's InsuranceChange Payment Information
13809 Bay Avenue | MLS# 785519
This multi-family property located at 13809 Bay Avenue, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $635,000. Search Panama City Beach real estate on www.realtymark.net today.