3/3 beaсhfront сοndο in Ꮮong Βeach Towers III in Pаnama Citу Beach. Gulf views + rental-ready with lockout potential. Built 1998. This 3 bedroom, 3 bathroom beachfront condo in Long Beach Towers III offers direct Gulf frontage, strong vacation rental potential, and immediate occupancy in Panama City Beach. The unit is positioned for buyers seeking both personal use and income, with short term rentals allowed and an existing layout that supports flexible rental strategies including lockout capability. Inside, the 1,769 square foot layout features floor to ceiling windows spanning approximately 46 feet, bringing Gulf views into every room. All three bedrooms have balcony access, including a third bedroom with its own private balcony. The unit is fully tiled throughout and includes a kitchen with granite countertops, tiled backsplash, soft close cabinetry, and a full appliance package. Bathrooms have been updated with double vanities, glass and tile showers, and updated lighting, mirrors, and hardware. A full size washer and dryer are included for convenience. Key systems have been addressed with the air conditioner replaced in 2020 and the water heater, washer, dryer, and microwave replaced in 2023. The unit is sold furnished and is move in or rental ready. The potential lockout configuration allows the property to function as a full 3 bedroom or split into separate 2 bedroom and 1 bedroom rentals, offering flexibility for income optimization and owner use. The oversized beachfront balcony provides direct views of the Gulf and access from multiple rooms, creating a consistent indoor outdoor living experience. Long Beach Resort amenities include multiple pools, hot tubs, beach access, fitness center, gated entry, and on site security. Located in central Panama City Beach, the property is within close proximity to shopping, dining, entertainment, and grocery options, with additional attractions, marinas, and state park access a short distance away. The community allows short term rentals and includes utilities and services such as water, sewer, internet, cable, and maintenance within the HOA structure.
Data source: Central Panhandle Association of REALTORS®
Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.
Request a showingThe beach in Panama City Beach is public. The closest public access to this home is Beach Access #35, about 0.2 mi away.
Closest public beach access:
Parking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsParking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsParking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsParking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsThis is general information to help you plan, not legal advice about any specific property. The beach in Panama City Beach is public, but individual access points vary - some have coded gates for nearby residents and guests, and parking differs from one access to the next. Confirm parking and entry before heading out.
$799,900
2 bd · 2 ba · 1,425 sf
5115 Gulf Drive UNIT 409, Panama City Beach, FL 32408
No photo
Counts Real Estate Group
Courtesy of Counts Real Estate Group Inc · Cindy Morehouse · 850-249-3615
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Counts Real Estate Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Listing data provided by: Central Panhandle Association of Realtors (CPAR). Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Central Panhandle Association of REALTORS®
Listing data last updated 2026-08-23 19:30:24.