5518 Gulf Drive, Panama City Beach, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
5518 Gulf Drive,Panama City Beach, FL 32408
$1,399,000
- 4 Beds
- 4 Baths
- 2,414 sq. ft.
- Single family
- Active
Listed by: tami moats, alexandra k maddox
Office: the premier property group seacrest office
MLS#:999040
Source:FL_ECAR
Price summary
- Price:$1,399,000
- Price per sq. ft.:$579.54
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!...
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Home facts
- Year built:2019
- Subdivision & Development:GULF LAGOON BEACH
- Listing ID #:999040
- Added:141 day(s) ago
- Updated:August 15, 2026 at 03:00 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:7
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator/Icemaker, Stove/Oven Electric
- Living area:2,414 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:2019
- Building area:2,414 sq. ft.
- Lot Features:Corner, Level
- Architectural Style:Beach House
- Exterior Features:BBQ Pit/Grill, Balcony, Shower, Sprinkler System
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,399,000
- Price per sq. ft.:$579.54
- Tax amount:$12,942 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator w/Ice Maker, Stove/Oven Electric, Washer
- Laundry features:Dryer, Washer
- Amenities:Kitchen Island, Pantry
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