« Back to results

5518 Gulf Drive, Panama City, FL 32408

Panama City, FL 32408
  • 4 Beds
  • 4 Baths
  • 2,414 Sq Ft
  • 2019 Built
  • MLS 787812

About this home

Gulf viewѕ, dirесtlу aсroѕs from the beach AND beach aсcesѕ--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!

Property details

Property typeSingleFamilyResidence
StatusActive
Area03 - Bay County - Beach
SubdivisionGulf Lagoon Beach
CityPanama City
CountyBay
Zip32408
StyleCoastal
Taxes$12,942
Tax year2025
ViewGulf

Interior

Total rooms8
Full baths3
Half baths1
AppliancesElectricOven,ElectricRange,TanklessWaterHeater
CoolingCeilingFans
HeatingElectric
Interior featuresDoubleVanity,MainLevelPrimary,SeparateShower,WalkInClosets

Exterior & lot

Lot size0.13 acres
Lot dimensions50x118
RoofMetal
Private poolYes
PoolFenced,InGround,Private
ParkingAdditionalParking
Exterior featuresCovered Patio, Deck, Patio, Outdoor Shower

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresShort Term Rental Allowed
DirectionsFrom Thomas Dr TURN SOUTH onto Biltmore Drive. Home will be on left on corner of Gulf Drive and Biltmore Drive.

Data source: Central Panhandle Association of REALTORS®

Location

Ready to see it in person?

Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.

Request a showing

Similar homes