5012 Gulf Drive #1-4, Panama City, FL 32408

Panama City
Local realty services provided by:ERA Neubauer Real Estate, Inc.
5012 Gulf Drive #1-4,Panama City, FL 32408
$1,750,000
  • 10 Beds
  • 8 Baths
  • 3,500 sq. ft.
  • Multi-family
  • Active
Listed by: kerry j jackson
Office: lpt realty llc.
MLS#:783708
Source:FL_BCMLS

Price summary

  • Price:$1,750,000
  • Price per sq. ft.:$500

About this home

60 FEET FROM BEACH ACCESS | RARE QUAD-PLEX PACKAGE WITH HUGE VACATION RENTAL INCOME POTENTIAL! Located approximately 60 feet from a wide paved public beach access, this extremely rare four unit beachside complex offers a unique opportunity to own a 2 story entire ground level quadplex at the end of a quiet cul de sac with no thru traffic. The direct proximity to beach access combined with the low density setting creates strong and consistent short term rental demand in Panama City Beach. The property consists of four ground floor units totaling approximately 3,500 square feet with 10 bedrooms and 8 bathrooms across the complex and is situated on approximately 0.13 acres. Unit 1 and Unit 3 are each 3 bedroom 2 bath units of approximately 935 square feet, while Unit 2 and Unit 4 are each 2 bedroom 2 bath units of approximately 815 square feet. The property includes a shared community pool. There is no HOA and short term rentals are allowed. The entire complex is being offered...

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Home facts

  • Year built:1973
  • Listing ID #:783708
  • Added:35 day(s) ago
  • Updated:March 19, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Full bathrooms:8
  • Rooms Total:19
  • Kitchen Description:Electric Range, Electric Water Heater
  • Living area:3,500 sq. ft.

Heating and cooling

  • Cooling:CentralAir
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1973
  • Building area:3,500 sq. ft.
  • Lot area:0.13 Acres
  • 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:$1,750,000
  • Price per sq. ft.:$500

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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