5518 Gulf DR, Panama City, FL 32408
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5518 Gulf DR, Panama City, FL 32408
5518 Gulf DR, Panama City, FL 32408
5518 Gulf DR, Panama City, FL 32408
5518 Gulf DR, Panama City, FL 32408
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$ 1,599,000
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5518 Gulf DR Panama City, FL 32408

4 Beds

4 Baths

2,414 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,414 sqft

Price per Sqft $662

Subdivision Gulf Lagoon Beach

MLS Listing ID 787812

Style Coastal

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 2019

Annual Tax Amount $12,942

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Single Family Residence

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!

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Double Vanity, Main Level Primary, Separate Shower, Walk-In Closet(s)

Heating Electric

Cooling Ceiling Fan(s)

Fireplace No

Appliance Electric Oven, Electric Range, Tankless Water Heater

Exterior

Exterior Feature Covered Patio, Deck, Patio, Outdoor Shower

Parking Features Additional Parking

Fence Partial

Pool Fenced, In Ground, Private

Community Features Short Term Rental Allowed

Utilities Available Electricity Available, High Speed Internet Available, Sewer Available

View Y/N Yes

View Gulf

Roof Type Metal

Porch Balcony, Deck, Covered, Patio

Private Pool Yes

Building

Lot Description Paved

Story 2

Entry Level Two

Architectural Style Coastal

Level or Stories Two

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Restrictions Short Term Rentals Allowed

Tax ID 32296-010-000


Listed by The Premier Property Group

Schools and Properties Nearby

Kerry Jayne Jackson

Kerry Jayne Jackson

Broker Associate | License ID: 7692

+1(850) 960-8646

Learn More About LPT Realty

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5518 Gulf DR