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

Panama City Beach
Local realty services provided by:ERA Neubauer Real Estate, Inc.
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:70 day(s) ago
  • Updated:March 19, 2026 at 02:37 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
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