Condo $ 419,000

5012 Gulf DR #2

Panama City, FL 32408

  • 2 Beds
  • 2 Baths
    Full Baths: 2
  • 815 SqFt
  • 1973 Year Built
OPEN HOUSE THIS SATURDAY & SUNDAY JAN 10TH & 11TH 2026 FROM 1 -4PM -Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUBLIC BEACH ACCESS! Or all ! Simply walk out your front door and you are less than 60 feet from the sand, making this unit extremely attractive for short term rentals and personal use alike. NO HOA but shared access and maintenance agreement between 4 units. Short term rentals allowed. Large private deck and pool on site. These units are truly a one of a kind opportunity!

This ground floor layout is exactly what renters want and owners appreciate, offering easy access with no stairs and immediate proximity to the beach. Located at the end of a quiet cul de sac with no thru traffic, the setting provides a rare balance of privacy and convenience that consistently drives strong rental demand.

The unit features updated LVP flooring with upgraded rubber backing, a functional and efficient layout, and durable finishes designed for low maintenance ownership. The building has seen major improvements including solid all brick construction with dual layers of elastomeric stucco and paint, a 2024 standing seam metal roof, updated windows and doors, and water heaters replaced in 2021. Two assigned parking spaces convey with the unit.

Walkable to popular beachfront dining including Schooners and positioned directly across from one of the widest public beach access points in PCB. Updated ground floor condos this close to the beach with no HOA, rental flexibility, and a community pool rarely come available. Ideal for investors looking to scale a beach rental portfolio in one location or buyers seeking a simple, low hassle beach property they can actually use and enjoy. Units #1, #3, and #4 are currently also listed for sale, offering an investor the unique opportunity to acquire the entire building. Buyer to verify all measurements and information deemed important.
Listed by LPT Realty LLC

PROPERTY DETAIL

  • Key Details

    Property Type Condo

    Sub Type Condominium

    Listing Status Active

    Purchase Type For Sale

    Square Footage 815 sqft

    Price per Sqft $514

    Subdivision Gulfside Condo.

    MLS Listing ID 783407

    Style Low Rise

    Bedrooms 2

    Full Baths 2

    HOA Y/N No

    Year Built 1973

    Annual Tax Amount $738

    Tax Year 2025

    Property Sub-Type Condominium

  • Location

    State FL

    County Bay

    Community Pool, Community Pool, Short Term Rental Allowed

    Area 03 - Bay County - Beach

  • Building

    Lot Description Paved

    Story 2

    Entry Level Two

    Sewer Public Sewer

    Architectural Style Low Rise

    Level or Stories Two

    New Construction No

  • Interior

    Heating Central, Electric

    Cooling Central Air

    Flooring Luxury Vinyl Plank

    Fireplace No

    Appliance Washer/Dryer Stacked, Electric Range, Electric Water Heater

    Laundry Stacked

  • Exterior

    Exterior Feature Patio

    Parking Features Additional Parking, Paved

    Pool Community

    Community Features Pool, Community Pool, Short Term Rental Allowed

    Utilities Available Electricity Available

    View Y/N Yes

    View Gulf

    Porch Balcony, Covered, Patio, Porch

    Private Pool No

  • Schools

    Elementary Schools Patronis

    Middle Schools Surfside

    High Schools Arnold

  • Others

    Tax ID 32256-020-000

    Special Listing Condition Listed As-Is

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CONTACT

Kerry Jayne Jackson
Kerry Jayne Jackson

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