5012 Gulf Drive #1, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:Better Homes and Gardens Real Estate Historic
5012 Gulf Drive #1,Panama City Beach, FL 32408
$499,900
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 935 sq. ft.
  • Condominium
  • Active
Listed by: kerry j jackson
Office: lpt realty llc.
MLS#:783286
Source:FL_BCMLS

Price summary

  • Price:$499,900
  • Price per sq. ft.:$534.65

About this home

NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own a ground-floor 3 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to a few restaurants including Schooners. Simply walk out your front door and you're less than 60 feet from the beach, making this unit extremely attractive for short-term rentals and personal use alike. The unit features updated LVP flooring with upgraded rubber backing, a functional layout, and durable finishes designed for low-maintenance ownership. The building has seen major improvements including all-brick construction with dual layers of elastomeric stucco and paint, a 2024 standing-seam metal roof, updated windows and doors, and water heaters replaced in 2021. Owners enjoy a shared pool, no HOA, short-term rentals allowed, and two assigned parking spaces per unit. The owner...

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Home facts

  • Year built:1973
  • Listing ID #:783286
  • Added:98 day(s) ago
  • Updated:April 15, 2026 at 02:48 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:7
  • Kitchen Description:Electric Range, Electric Water Heater
  • Living area:935 sq. ft.

Heating and cooling

  • Cooling:CentralAir
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1973
  • Building area:935 sq. ft.
  • Architectural Style:Low Rise
  • Construction Materials:Stucco
  • Exterior Features:Balcony, Patio, Porch
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Patronis

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$534.65
  • Tax amount:$738 (2024)

Features and amenities

  • Laundry features:Washer Dryer Stacked
  • Amenities:ElectricRange, ElectricWaterHeater, WasherDryerStacked
  • Pool features:Community

Parking

  • Parking description:Additional Parking, Paved
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Better Homes and Gardens Real Estate Historic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Historic, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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