5903 Gulf Drive, Panama City, FL 32408

Local realty services provided by:ERA Neubauer Real Estate, Inc.
5903 Gulf Drive,Panama City, FL 32408
$1,899,500
  • 3 Beds
  • 2 Baths
  • 1,296 sq. ft.
  • Single family
  • Active
Listed by: jacquelyn e gore
Office: simplihom
MLS#:797757
Source:FL_BCMLS

Price summary

  • Price:$1,899,500
  • Price per sq. ft.:$1,465.66

About this home

Welcome to The Palapa House, a fully furnished Gulf-front retreat on Panama City Beach's sugar-white sands, with rare deeded ownership extending to the water's edge, a distinction held by fewer than 7% of coastal parcels in the area. Engineered by the architects of Regency Towers and positioned farther forward on the dune line than neighboring homes, this residence captures sweeping, unobstructed Gulf views stretching east and west for spectacular sunrises and sunsets. Enjoy the beachfront from the upper-level balcony off the main family room or the lower-level deck adjoining the second bedroom, with direct access to the sand. A private boardwalk connects the front porch to the shore, with an outdoor rinse shower for easy beach cleanup. Two new custom beach loungers and a premium faux-thatched palapa umbrella complete the waterfront setting. Extensive improvements include a complete GAF roof system with new decking and fascia installed in July 2025, backed by a 15-year wind and...

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Home facts

  • Year built:1982
  • Subdivision & Development:Gulf Lagoon Beach
  • Listing ID #:797757
  • Added:1 day(s) ago
  • Updated:November 12, 2026 at 05:00 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Flooring:Plank, Vinyl
  • Kitchen Description:Electric Range, Electric Water Heater
  • Living area:1,296 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1982
  • Building area:1,296 sq. ft.
  • Lot area:0.08 Acres
  • Architectural Style:Coastal
  • Construction Materials:Wood Frame
  • Exterior Features:Balcony, Deck, Outdoor Shower
  • Foundation Description:Pillar/Post/Pier
  • Levels:2 Story

Schools

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

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,899,500
  • Price per sq. ft.:$1,465.66
  • Tax amount:$8,599 (2025)

Features and amenities

  • Amenities:CarbonMonoxideDetectors, ElectricRange, ElectricWaterHeater, SecurityLights, SmokeDetectors
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