5416 Gulf Drive, Panama City Beach, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.
5416 Gulf Drive,Panama City Beach, FL 32408
$1,155,500
- 4 Beds
- 4 Baths
- 2,453 sq. ft.
- Single family
- Pending
Listed by: shelly m callaway
Office: century 21 ryan realty inc
MLS#:789061
Source:FL_BCMLS
Price summary
- Price:$1,155,500
- Price per sq. ft.:$471.06
About this home
'CURRENTLY UNDER CONTRACT WITH A SELLER KICK-OUT CLAUSE - SELLER WILL CONTINUE TO CONSIDER BACKUP OFFERS.'
Luxury Gulf-View STR Investment Retreat with a Private Pool & 20 steps to Beach access.
CAN SLEEP up to 16 ppl -- Maximizing FULL RENTAL POTENTIAL and ADR per night. *Currently sleeps 12 comfortably.
Opportunities this close to the Gulf with this level of walkability, capacity, and rental appeal are limited.
Prime Location. High STR Demand. Direct Gulf access with Private Pool. Investment-Grade Coastal Living.
This is as close as you get to having the BEST of the BEST compared to any other.
This exceptional 4BR/3.5BA Gulf-View coastal retreat offers a rare blend of refined beach living and high-performing investment potential--just 20 steps from the sugar-white sands and emerald waters of the Gulf.
Welcome to a luxury property designed for those who expect more: Privacy, Proximity, and more return on lifestyle and short-term rental investment income potential.
What truly sets this property apart is its rare proximity to the sandy Beaches--guests can step out the door and be on the beach in seconds. Combined with panoramic Gulf views, outdoor dining spaces, and a highly desirable layout, this home consistently checks the boxes that will drive higher nightly rates, strong occupancy, and repeat bookings.
- Perfect vacation rental appeal with accommodations for up to 12 guests comfortably.
- 20 Steps away from beach access (#8) with direct Gulf Views
- Private pool with LED lighting at night (seasonally heated)
- Walkable to beachfront dining including Schooner's beachfront Restaurant.
- Minutes to St. Andrews State Park, Shell Island excursions, incredible dining, entertainment & all that Panama City Beach and 30a has to offer.
- Strong appeal for short-term rental investors, second-home buyers, or luxury vacation ownership
- Parking for up to 4 vehicles
Designed for comfort, scale, and seamless indoor-outdoor living, this three-level home offers multiple entertaining zones, private retreats, and elevated Gulf-facing outdoor spaces.
FIRST FLOOR: Entertain & Unwind
A spacious open-concept layout anchors the home, featuring a large living area, dining space, and a fully equipped kitchen designed for hosting and comfort
Ground-floor bedroom suite with private pool access. Full bath with dual access (guest + ensuite). Expansive laundry room with owner lockout storage. Direct access to private fenced pool, grilling, and lounge area.
SECOND FLOOR: Elevated Comfort
Primary Suite with king bed, Gulf-facing balcony, dual walk-in closets, a large ensuite bath with a spa-inspired jacuzzi bath featuring soaking tub, and separate walk-in tiled shower.
Additional guest bedroom with bunk configuration (ideal for maximizing occupancy and rental revenue), full ensuite bath with abundant storage throughout.
THIRD FLOOR: Premium Experience Level
A standout feature for both lifestyle buyers and rental performance:
Oversized 3 bunk suite + sleeper sofa. A mini wet bar and a mini fridge for convenience and entertaining.
Expansive Gulf-View Terrace designed for sunset dining and elevated outdoor living.
This upper-level balcony delivers the ''million-dollar view'' experience--panoramic Gulf vistas, coastal breezes, and unforgettable sunset exposures that will drive both guest satisfaction and repeat bookings.
Morning coffee with ocean air. Afternoons by the pool or on the sandy Beach. Evenings defined by Gulf-Front sunsets painted in vivid coastal hues.
This is more than a home--it's a fully immersive coastal asset designed to generate both memories and measurable returns....
Contact an agent
Home facts
- Year built:2006
- Subdivision & Development:Gulf Lagoon Beach
- Listing ID #:789061
- Added:153 day(s) ago
- Updated:September 29, 2026 at 07:43 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:10
- Kitchen Description:Electric Oven, Electric Range, Ice Maker
- Living area:2,453 sq. ft.
Heating and cooling
- Cooling:CentralAir, MultiUnits
- Central air:Yes
Structure and exterior
- Year built:2006
- Building area:2,453 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Coastal
- Exterior Features:Balcony, Deck, Porch
- Levels:3 Story
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,155,500
- Price per sq. ft.:$471.06
- Tax amount:$9,291 (2025)
Features and amenities
- Amenities:ElectricOven, ElectricRange, FireAlarm, IceMaker, SecuritySystem, SmokeDetectors
- Pool features:Fenced, InGround, Private
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