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5409 Gulf Drive

Panama City, FL 32408
  • $4,500,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 768512
UPDATED: 143 min ago
$4,500,000
  • 9
    BEDS
  • 0.29
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,537
    SQFT
  • $992
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2015
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2025! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Abbott Martin Group | eXp Realty. Data last updated: 2025-04-20T00:04:14.13.
www.floridagulfcoastsales.com/homes/160176988
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5409 Gulf Drive Panama City, FL 32408

  • Price: $4,500,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 143 min ago
  • MLS #: 768512
9
Beds
7
Baths
0
½ Baths
0.29
Acres
4,537
SQFT
$992
$/SQFT
2015
Built
Neighborhood:
[No Recorded Subdiv]
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2025! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!
Exterior Features

Architectural Style Coastal Construction Materials Hardi Plank Type Exterior Features Balcony Covered Patio Outdoor Shower Patio Foundation Details Pillar / Post / Pier Garage YN No Lot Features Waterfront Patio And Porch Features Balcony Covered Patio Pool Features Fenced Gunite Electric Heat In Ground Road Frontage Type City Street Roof Metal View Gulf View YN Yes

Interior Features

Accessibility Features Accessible Kitchen Appliances Accessible Full Bath Accessible Bedroom Accessible Common Area Accessible Closets Accessible Kitchen Accessible Central Living Area Appliances Convection Oven Washer / Dryer Stacked Dishwasher Electric Cooktop Electric Oven Electric Range Electric Water Heater Microwave Refrigerator Washer Cooling Central Air Cooling YN Yes Furnished Furnished Heating Central Heating YN Yes Laundry Features Stacked Parking Features Driveway Rooms Dining Room (First Level) Kitchen (First Level) Family Room (Second Level) Living Room (First Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (First Level) Bedroom (First Level) Window Features Double Pane Windows Storm Window(s)

Property Features

Association YN No Community Features Short Term Rental Allowed Electric 220 Volts Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Conventional Lot Size Dimensions 50x250 Occupant Type Tenant Property Attached YN No Property Sub Type Detached Property Sub Type Additional Detached Single Family Residence Security Features Fire Alarm Senior Community YN No Special Listing Conditions Listed As- Is Tax Annual Amount 21853 Tax Year 2024 Utilities Cable Connected High Speed Internet Available Waterfront Features Gulf Shoreline - Sand Waterfront Waterfront YN Yes Zoning Description County Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Beach Time Realty, Inc: (850) 381-3156. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Abbott Martin Group | eXp Realty. Data last updated: 2025-04-20T00:04:14.13.
 
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Abbott Martin Group | eXp Realty
1109 N. 9th Ave
Pensacola FL, 32501