21916 Belgrade AVE Panama City Beach, FL 32413
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,008 sqft
Price per Sqft $442
Subdivision Kiska Beach
MLS Listing ID 988846
Style Beach House
Bedrooms 4
Full Baths 4
Year Built 1960
Lot Dimensions 50x125
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 2008
Property Description
The property at 21916 Belgrade Ave features two main buildings plus a bonus structure, presenting multiple income streams. Building one is a spacious, fully upgraded two-bedroom, two-bath condo with an additional bunk nook — ideal for maximizing rental capacity. The modern kitchen with granite counters and stainless steel appliances appeals to guests seeking comfort and style, while the primary suite with en-suite bath and elegant furniture package provides a premium rental experience. The second bedroom, filled with natural light, comfortably hosts two queen beds, making it a favorite among vacationers.
Building two offers a duplex layout with mirrored one-bedroom, one-bath units, each with a small kitchen perfect for short-term rentals or long-term tenants. Both sides are unfurnished, offering flexibility for customization and maximization of rental income. The back bonus building functions as a dedicated studio unit currently leased long-term, and could also serve as a laundry or management hub, adding more value and convenience.
Located in Panama City Beach's fastest-growing area, this property benefits from low density, quiet beaches, and Old Florida charm combined with rising popularity. The West End's proximity to top beaches, local restaurants, grocery options, and entertainment venues make it a prime spot for vacation rentals, providing excellent appreciation potential!
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Multi-Family
Direction Coming from Panama City Beach heading West on 98 - turn Left on Kelly. Turn Right on Belgrade. Home on right. Coming from Walton County heading East on 98 - turn right on Kelly St Turn right on Belgrade. Home on Right.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Interior
Cooling Ceiling Fans, Central Air
Exterior
Exterior Feature Balcony, Hot Tub, Separate Bldg Rent, Separate Rental Building, Hot Tub, Balcony
Utilities Available Electric, Public Water
Roof Type Metal
Road Frontage City Street
Garage No
Building
Faces Coming from Panama City Beach heading West on 98 - turn Left on Kelly. Turn Right on Belgrade. Home on right. Coming from Walton County heading East on 98 - turn right on Kelly St Turn right on Belgrade. Home on Right.
Story 1
Architectural Style Beach House
New Construction No
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
Pets Allowed No
Tax ID 35998-040-000
Miscellaneous Situated on the highly desirable West End of Panama City Beach, just one block from the stunning Gulf of Mexico, this multi-family property offers incredible potential for seasoned investors or those looking to enter the booming vacation rental market. With convenient access to multiple public beach access points within a few blocks, this property combines location, flexibility, and growth potential like no other. The property at 21916 Belgrade Ave features two main buildings plus a bonus structure, presenting multiple income streams. Building one is a spacious, fully upgraded two-bedroom, two-bath condo with an additional bunk nook — ideal for maximizing rental capacity. The modern kitchen with granite counters and stainless steel appliances appeals to guests seeking comfort and
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