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5518 Gulf Drive, Panama City Beach, FL 32408

Panama City Beach, FL 32408
  • 4 Beds
  • 4 Baths
  • 2,414 Sq Ft
  • 2019 Built
  • MLS 999040

About this home

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!

Property details

Property typeDetached Single Family
StatusActive
Area27 - Bay County
SubdivisionGULF LAGOON BEACH
CityPanama City Beach
CountyBay
Zip32408
StyleBeach House
Taxes$12,942
Tax year2025
ViewGulf

Interior

Total rooms7
Full baths3
Half baths1
AppliancesDishwasher, Disposal, Dryer, Microwave, Washer
CoolingCentral Air, Ceiling Fan(s)
HeatingCentral
FlooringTile, Vinyl
Interior featuresKitchen Island, Owner's Closet, Pantry
FurnishedFurnished

Exterior & lot

Lot dimensions50x118
RoofMetal
PoolIn Ground
Road frontageCounty Road
Exterior featuresOutdoor Grill, Balcony, Outdoor Shower, Sprinkler System

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

DirectionsFrom Thomas Dr TURN SOUTH onto Biltmore Drive. Home will be on left on corner of Gulf Drive and Biltmore Drive.

Data source: Emerald Coast Association of REALTORS®

Location

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