$1,599,000

5518 Gulf Drive, Panama City, FL 32408

4 beds |
4 baths |
2,414 sqft

Single-Family Home
Built in 2019
5,663sqft lot
—— car garage
$662/sqft
Listed 1 month 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:: April 2, 2026
Data Last Updated:: May 24, 2026 at 3:17AM
Listing Office:: The Premier Property Group : 850-213-5000
MLS ID:: 787812

Appliances: Electric OvenElectric RangeTankless Water Heater
Flooring: Luxury Vinyl Plank
A/C: Ceiling Fan(s)
Heating: Electric

General: Covered PatioDeckPatioOutdoor Shower
Style: Coastal
Other Structures: BalconyDeckPatioCovered
Pool: FencedIn GroundPrivate
Parking: Additional Parking

Roofing: Metal
General: HardiPlank Type2

Originating MLS: CPAR_CPAR
County: Bay

Zoning: GULF LAGOON BEACH LOT 12 BLK 7 ORB 4566 P 152732296-010-000
View: GulfView
Fencing: Partial

Utilities: Electricity AvailableHigh Speed Internet AvailableSewer Available

Source: CPAR_CPAR

This listing courtesy of The Premier Property Group

Monthly Payment

$Est. Payment

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

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