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5518 Gulf Drive
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PRICED AT ONLY: $1,599,000

Address: 5518 Gulf Drive, Panama City, FL 32408

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!

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More Like This
  • MLS#: 787812 ( Residential )
  • Street Address: 5518 Gulf Drive
  • Viewed: 24
  • Price: $1,599,000
  • Price sqft: $662
  • Waterfront: No
  • Year Built: 2019
  • Bldg sqft: 2414
  • Bedrooms: 4
  • Total Baths: 4
  • Full Baths: 3
  • 1/2 Baths: 1
  • Days On Market: 10

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!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: CoveredPatio, Deck, Patio, OutdoorShower
  • Fencing: Partial
  • Flooring: LuxuryVinylPlank
  • Living Area: 0.00
  • Roof: Metal
Land Information
  • Lot Features: Paved
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking
Eco-Communities
  • Pool Features: Fenced, InGround, Private
Utilities
  • Carport Spaces: 0.00
  • Cooling: CeilingFans
  • Heating: Electric
  • Utilities: ElectricityAvailable, HighSpeedInternetAvailable, SewerAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricOven, ElectricRange, TanklessWaterHeater
  • Legal Description: GULF LAGOON BEACH LOT 12 BLK 7 ORB 4566 P 1527
  • Levels: Two
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 32296-010-000
  • Style: Coastal
  • The Range: 0.00
  • View: Gulf
  • Views: 24
Nearby Subdivisions
[no Recorded Subdiv]   A W Pledger Panama City Beach   Baltimore Beach   Banyan Beach   Bay Point Unit 1   Bel Air   Biltmore Beach   Biltmore Beach 1st Add   Causeway Manor   Crescent Beach Unit 1   Cresent Bch Unit 1   Dragon's Ridge Corrctd   Emerald Pointe Resort   Finisterre   Grand Lagoon Banks   Grand Lagoon Pointe   Grand Lagoon Shores 1   Grand Lagoon Shores 2   Grand Lagoon Villa   Gulf Lagoon Beach   Gulf Pines   Gulf Pines U-3   Hampton Harbor   Holiday Beach On The Gulf   Holiday Beach Unit 1   Holiday Beach Unit 13   Holiday Beach Unit 14   Holiday Beach Unit 16   Holiday Beach Unit 3   Holiday Beach Unit 4   Holiday Beach Unit 5   Holiday Beach Unit 6   Holiday Beach Unit 8   Holiday Beach Unit 9   Lagoon Estates   Lagoon Manor   Legend Place Condos   Magnolia Bay Club   Magnolia Beach   Magnolia Beach 2nd Add   Marlin Place   Mimosa Place   No Named Subdivision   North Lagoon Oaks   Palm Bay Unit 4   Palm Bay Unit 5   Palm Bay Unit 6   Panama Dunes   Pelican Bay   Preserve On The Bay Ph I   Preserve On The Bay Ph Ii   Queensberry Ltd At Bay Point   Sanctuary Beach   Seaview Village   Silver Sands Beach   Silver Sands Unit 2   Summerplace Townhouses   The Pines   Thomas Drive Park U-3   Treasure Cove   Treasure Cove Unit 2   Treasure Island   Venture Out Travel Trail  
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