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5500 Gulf Drive, Panama City, FL 32408 Active 1 / 40
$1,499,000

5500 Gulf Drive, Panama City, FL 32408

Panama City, FL 32408
  • 4 Beds
  • 4 Baths
  • 2,414 Sq Ft
  • 2018 Built
  • MLS 794028

About this home

First tіme tο hіt thе markеt, 4 bedrοom(plus bunk room) RENTAL ΡOWERHΟUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold furnished. Its sister property, identical in layout, 2 doors down is listed for sale as well.

Property details

Property typeSingleFamilyResidence
StatusActive
Area03 - Bay County - Beach
SubdivisionGulf Lagoon Beach
CityPanama City
CountyBay
Zip32408
StyleCoastal
Taxes$10,562
Tax year2025
ViewGulf

Interior

Total rooms7
Full baths3
Half baths1
CoolingCentralAir,CeilingFans
HeatingCentral
Interior featuresBalcony,DoubleVanity,InteriorSteps,MainLevelPrimary,SeparateShower,WalkInClosets

Exterior & lot

Lot size0.13 acres
Lot dimensions50.0 ft x 115.0 ft
RoofMetal
Private poolYes
PoolElectricHeat,InGround,Private
Exterior featuresCovered Patio, Deck

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresShort Term Rental Allowed
DirectionsTraveling southeast on Thomas Drive take a right onto Biltmore, left onto Gulf Drive. Home is 4th on the left.

Data source: Central Panhandle Association of REALTORS®

Location

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