5518 Gulf Drive, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
5518 Gulf Drive,Panama City, FL 32408
$1,599,000
- 4 Beds
- 4 Baths
- 2,414 sq. ft.
- Single family
- Active
Listed by: alexandra maddox
Office: the premier property group
MLS#:787812
Source:FL_BCMLS
Price summary
- Price:$1,599,000
- Price per sq. ft.:$662.39
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
- Listing ID #:787812
- Added:55 day(s) ago
- Updated:May 28, 2026 at 02:21 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:8
- Kitchen Description:Electric Oven, Electric Range, Tankless Water Heater
- Living area:2,414 sq. ft.
Heating and cooling
- Cooling:CeilingFans
- Heating:Electric
Structure and exterior
- Roof:Metal
- Year built:2019
- Building area:2,414 sq. ft.
- Lot area:0.13 Acres
- Architectural Style:Coastal
- Exterior Features:Balcony, Deck, Outdoor Shower, Patio
- Levels:2 Story
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$662.39
- Tax amount:$12,942 (2025)
Features and amenities
- Amenities:ElectricOven, ElectricRange, TanklessWaterHeater
- Pool features:Fenced, InGround, Private
Parking
- Parking description:Additional Parking
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