5518 Gulf Drive, Panama City, FL 32408

Panama City
Local realty services provided by:ERA Neubauer Real Estate, Inc.
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...

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Home facts

  • Year built:2019
  • Listing ID #:787812
  • Added:41 day(s) ago
  • Updated:May 14, 2026 at 02:24 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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