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5518 Gulf Drive

Panama City, FL 32408
  • $1,599,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 787812
$1,599,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,414
    SQFT
  • $662
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2019
County:
Bay

School Information

Elementary School:
Middle School:
High School:

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!

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Success Realty. Data last updated: 2026-04-12T00:04:01.067.
www.gulfcoast-sales.com/homes/174785280
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5518 Gulf Drive Panama City, FL 32408

  • Price: $1,599,000
  • Status: Active
  • On Site: 9 Days
  • MLS #: 787812
4
Beds
3
Baths
1
½ Baths
0.13
Acres
2,414
SQFT
$662
$/SQFT
2019
Built
Neighborhood:
Gulf Lagoon Beach
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
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!
Exterior Features

Architectural Style Coastal Attached Garage YN No Construction Materials Hardi Plank Type Exterior Features Covered Patio Deck Patio Outdoor Shower Fencing Partial Garage YN No Levels Two Lot Features Paved Patio And Porch Features Balcony Deck Covered Patio Pool Features Fenced In Ground Private Pool Private YN Yes Roof Metal Stories 2 View Gulf View YN Yes

Interior Features

Appliances Electric Oven Electric Range Tankless Water Heater Cooling Ceiling Fan(s) Cooling YN Yes Flooring Luxury Vinyl Plank Heating Electric Heating YN Yes Parking Features Additional Parking Rooms (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Primary Bedroom (Second Level) Primary Bedroom (First Level) Kitchen (First Level) Living Room (First Level) Units Furnished All Units

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 50x118 New Construction YN No Occupant Type Tenant Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Tax Annual Amount 12942 Tax Year 2025 Utilities Electricity Available High Speed Internet Available Sewer Available Waterfront YN No Zoning Description Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of The Premier Property Group: 850-213-5000. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Success Realty. Data last updated: 2026-04-12T00:04:01.067.
 
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Keller Williams Success Realty
22606 Panama City Beach Parkway
Panama City Beach FL, 32413