5903 Gulf Drive, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:ERA Neubauer Real Estate, Inc.
5903 Gulf Drive,Panama City Beach, FL 32408
$1,799,500
  • 3 Beds
  • 2 Baths
  • 1,296 sq. ft.
  • Single family
  • Active
Listed by: jacquelyn e gore
Office: simplihom
MLS#:997069
Source:FL_ECAR

Price summary

  • Price:$1,799,500
  • Price per sq. ft.:$1,388.5

About this home

Gulf Front | Rare Deeded Land to the Water's Edge | No HOA! Welcome to The Palapa House, a Gulf-front residence positioned directly on the sugar-white sands of the Gulf of America, with deeded ownership extending to the water's edge. Fewer than 7% of Gulf-front parcels in Panama City Beach offer this level of private beachfront ownership, making opportunities like this exceptionally rare. Originally designed by the architects of Regency Towers, the home is positioned farther onto the beach than neighboring properties, ensuring unobstructed panoramic Gulf views to the east and west. Step from your back door onto your private stretch of beach or relax beneath the city-approved private Palapa, made possible by the extended property lines reaching the water's edge. The palapa's thatched roof was replaced in Fall 2025. The upstairs Gulf-front balcony is accessed from the main family room and offers sweeping sunrise & sunset views. On the lower level, a beachside deck is accessible from the

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Home facts

  • Year built:1982
  • Listing ID #:997069
  • Added:1 day(s) ago
  • Updated:March 06, 2026 at 12:41 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator/Icemaker, Stove Top, Stove/Oven Electric
  • Living area:1,296 sq. ft.

Structure and exterior

  • Year built:1982
  • Building area:1,296 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Dead End
  • Architectural Style:Beach House
  • Exterior Features:Balcony, Shower
  • Foundation Description:Foundation On Piling

Schools

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

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$1,799,500
  • Price per sq. ft.:$1,388.5
  • Tax amount:$8,599 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator w/Ice Maker, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Breakfast Bar
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