5701 Hilltop Avenue, Panama City Beach

$560,000

5 Beds
3 Baths
1,998 Sqft
.14 Acre
0 Garage

Prime short-term rental opportunity in Panama City Beach! This 5-bedroom, 2.5-bath coastal-style home is ideally positioned for strong rental performance, just a short walk to beach access and minutes from a public boat ramp--an unbeatable combination for vacation guests.
Designed with rentals in mind, the open-concept floor plan offers spacious living and dining areas that comfortably accommodate larger groups. The kitchen features granite countertops, custom cabinetry, and ample prep space--perfect for entertaining guests and maximizing occupancy appeal. The layout provides flexibility and privacy with a first-floor primary suite and four additional bedrooms upstairs, including two with balcony access--an added feature guests love. The fully fenced backyard creates a private outdoor space, enhancing guest experience and repeat bookings.
Located in the desirable Biltmore Beach area with short-term rentals allowed, this property offers excellent income potential as a vacation rental, second home, or hybrid investment. Proximity to the Gulf, boating, dining, and attractions ensures year-round demand.
Capitalize on location, layout, and rental demand--this is a high-performing beach investment opportunity you don't want to miss!

Essential Information
MLS® #998906
Price$560,000
Bedrooms5
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage1,998
Acres0.14
Year Built2018
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address5701 Hilltop Avenue
Area27 - Bay County
SubdivisionBILTMORE BEACH 1ST ADDN
CityPanama City Beach
CountyBay
StateFL
Zip Code32408
Amenities
UtilitiesPublic Water, Septic Tank
Interior
CoolingCentral Air
# of Stories2
Interior Features

Kitchen Island, Pantry, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
Exterior FeaturesBalcony, Columns, Private Yard
Lot DescriptionWithin 1/2 Mile to Water
RoofMetal
ConstructionStucco, Trim Vinyl
School Information
ElementaryPatronis
MiddleSurfside
HighArnold
Additional Information
ZoningResid Single Family
Listing Details
OfficeEXP Realty LLC
Property History
Price Reduced from $570,000 to $560,000
Price Reduced from $660,000 to $570,000
Price Reduced from $690,000 to $660,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 14th, 2026 at 8:07pm CDT.