5518 Gulf Drive, Panama City Beach, FL 32408

$1,599,000
  • 5518 Gulf Drive, Panama City Beach, FL 32408 Main Photo
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BEDS4 BATHS3 full 1 partial SQUARE FEET2,414 MLS#999040
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# 999040

This single family home located at 5518 Gulf Drive, Panama City Beach, FL 32408 is currently listed for sale by The Premier Property Group Seacrest Office, 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 www.premierfl.com today.

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Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fans, Central Air
Fenced: Yes
Heating: Central
Home Style: Beach House
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $12,941
Year Built: 2019

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Days on Site: 19
Exterior: Balcony, BBQ Pit/Grill, Shower, Sprinkler System
Exterior: Siding CmntFbrHrdBrd
Fencing: Fenced Lot-Part
Financing Terms: Conventional, FHA, VA, Other
Flooring: Floor Tile, Floor Vinyl
Interior: Kitchen Island, Owners Closet, Pantry
Lot: Corner, Level, Within 1/2 Mile to Water
Lot Dimensions: 50x118
Parcel Number: 32296-010-000
Patio/Porch: Deck Open, Patio Covered, Patio Open, Porch
Pool Features: Pool - In-Ground, Pool Type
Property Condition: Construction Complete
Road Frontage: County Road
Road Surface: Paved
Rooms Total: 7
Sewer: Public Sewer
Special View Info: Gulf
Sub Type: Detached Single Family
Utilities: Electric, Public Water
Window: Window Treatment All

Local Schools

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

Listed By / Shown By

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Listed By

Agency Name: The Premier Property Group Seacrest Office
Agency Phone: (850) 381-6423
Agent Name: Tami Moats


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Co-Listed By

Agency Name: The Premier Property Group Seacrest Office
Agent Name: The Moats Group
Agency Phone: (601) 270-6435

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Estimated Payment

$ 5,103.47 per month $3,558.68 Principal & Interest $1,078.42 Property Tax $466.38 Homeowner's Insurance

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