$1,599,000

5518 Gulf Drive, Panama City Beach, FL 32408

4 beds |
4 baths |
2,414 sqft

Single-Family Home
Built in 2019
—— sqft lot
—— car garage
$662/sqft
Listed 6 days ago

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!

Listing Status:: Active
Date Added:: March 27, 2026
Data Last Updated:: April 2, 2026 at 12:22PM
Listing Office:: The Premier Property Group Seacrest Office : 850-213-5000
Listing Agent:: Tami Moats : 850-381-6423
MLS ID:: 999040

General: Kitchen IslandOwner's ClosetPantry
Appliances: DishwasherDisposalDryerMicrowaveWasher
Flooring: TileVinyl
A/C: Central AirCeiling Fan(s)
Heating: Central

General: Outdoor GrillBalconyOutdoor ShowerSprinkler System
Style: Beach House
Pool: In Ground

Windows: Window Treatments
General: Siding CmntFbrHrdBrd2

Road/Access: County Road
Originating MLS: Emerald Coast Association of REALTORS®
County: Bay

Zoning: Resid Single Family32296-010-000
View: Gulf
Fencing: Fenced Lot-Part

Water: 0

Source: Emerald Coast Association of REALTORS®

This listing courtesy of Tami Moats , The Premier Property Group Seacrest Office

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Patronis Elementary School

7400 Patronis Dr, Panama City, FL, 32408

Grades KG-5

1.84 miles away

Rising Leaders Academy

1527 Lincoln Ave, Panama City, FL, 32405

Grades KG-12

4.54 miles away

Rising Leaders Academy

1527 Lincoln Ave, Panama City, FL, 32405

Grades KG-12

4.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.