5518 Gulf Drive, Panama City, FL 32408

$1,599,000
  • 5518 Gulf Drive, Panama City, FL 32408 Main Photo

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Featured Listing Active
BEDS4 BATHS3 full 1 partial SQUARE FEET2,414 MLS#787812
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONGulf Lagoon Beach

Property Description

Gulf views, directly across from the beach AND beach access--5518 Gulf Drive offers the ideal blend of location, space, and flexibility, making it ideal as second home rental investment, with the benefit of no HOA. Situated on a large corner lot on the east end of Panama City Beach, this home is designed with both comfort and functionality in mind. Newer construction and featuring a spacious living and kitchen area that opens to a private pool and a large patio with both covered and uncovered spaces--perfectly blending indoor and outdoor living for easy gathering and entertaining. The thoughtful layout includes two primary suites, along with two additional bedrooms with en suite baths, and 2 sets of full bunks - enhancing it's versatility to host large groups without sacrificing privacy. The private pool makes this a true vacation-style setting, while the front porch and expansive second-floor deck offer additional outdoor living spaces to enjoy Gulf views and coastal breezes. The corner lot provides ample parking--a rare and valuable feature this close to the beach. With short-term rentals allowed, a highly functional floor plan, and a location just moments from the sand, this property presents an exceptional opportunity to own your piece of paradise at the beach!

5518 Gulf Drive | MLS# 787812

This single family home located at 5518 Gulf Drive, Panama City, FL 32408 is currently listed for sale by The Premier Property Group, with an asking price of $1,599,000. This property was built in 2019 and has 4 bedrooms and 3 full and 1 partial baths with 2414 sq. ft. Gulf Drive is located in the Gulf Lagoon Beach subdivision. Search Gulf Lagoon Beach real estate on themoatsgroup.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s)
Fenced: Yes
Heating: Electric
Home Style: Coastal
Lot Size: 0.13 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $12,942
Year Built: 2019

Amenities

Covered Patio
Deck
Patio
Outdoor Shower

Feature Descriptions

Appliances: Electric Oven, Electric Range, Tankless Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 35
Exterior: HardiPlank Type
Fencing: Partial
Flooring: Luxury Vinyl Plank
Lot: Paved
Lot Dimensions: 50x118
Parcel#: 32296-010-000
Parking: Additional Parking
Parking Notes: Additional Parking
Patio/Porch: Balcony, Deck, Covered, Patio
Pool: Fenced, In Ground, Private
Special View Info: Gulf
Swimming Pool: Yes
Utilities: Electricity Available, High Speed Internet Available, Sewer Available

Room Sizes

Bedroom: 12 X 10 Level - Second
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Primary Bedroom: 17 X 14 Level - Second
Primary Bedroom: 17 X 14 Level - First
Kitchen: 12 X 12 Level - First
Living Room: 20 X 18 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: The Premier Property Group

agent picture

Shown By

Agent Name: The Moats Group
Agent Phone: (601) 270-6435

Estimate Your Payment

Estimated Payment

$ 5,103.56 per month $3,558.68 Principal & Interest $1,078.50 Property Tax $466.38 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

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