5101 Gulf Drive D, Panama City, FL 32408
$899,000
Property Type:
Residential Land
Lot Size (sq. ft.):
4,400
Status:
Under Contract – Taking Backups
Current Price:
$899,000
List Date:
11/05/2025
Last Modified:
3/30/2026
Overview
Description
…
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UNDER CONTRACT. SELLER ACCEPTING BACKUP OFFERS. Rare Gulf-Front Opportunity! Build your dream coastal retreat on this ready-to-build Gulf-front lot located at 5101 Gulf Drive in Panama City Beach. Enjoy panoramic views of the Gulf of Mexico, direct beach access, and an unbeatable location near Schooners and St. Andrews State Park. No HOA and utilities available. Perfect for a custom luxury home or vacation rental investment–one of the few remaining Gulf-front parcels in the area.
Perfectly positioned near Schooners, Patches Pub, and St. Andrews State Park, this Gulf-front property offers the perfect balance of privacy and convenience–just minutes from dining, marinas, and Panama City Beach’s most desirable attractions.
Whether your vision is a custom luxury residence, a vacation retreat, or an income-producing investment, this ready-to-build homesite delivers the flexibility and freedom to bring your dream to life. With utilities available and no HOA restrictions, you can design and build to fully capture the panoramic Gulf views and coastal lifestyle.
Property Features: Direct Gulf-front parcel with sweeping Gulf views; Cleared and ready to build; Utilities available; No HOA restrictions; Ideal for a custom home or short-term rental investment; Prime location near restaurants, shops, and marinas
Opportunities to own true Gulf-front land in Panama City Beach are extremely limited. Schedule your private showing today and start planning your modern coastal masterpiece surrounded by emerald waters and endless sunsets.
Listing Details MLS# 781283
Contract Info
- List Price/Acre
- 8990000
Location
- Street #
- 5101
- Street Name
- Gulf
- Street Suffix
- Drive
- Unit #
- D
- Area
- 03 – Bay County – Beach
- State
- FL
- Zip Code
- 32408
- County
- Bay
- Sub Area
- 0323 – Beach – South of Grand Lagoon
- Subdivision
- Gulf Lagoon Beach
- Community/Resort
- None
- Waterfront
- Yes
- Parcel ID
- 32254-000-000
- Elementary School
- Patronis
- Middle School
- Surfside
- High School
- Arnold
- Directions
- East end of Thomas Dr. Turn south on Huff and then left on Gulf. East of SCHOONER'S, directly on the Gulf. Sign in front of lot
- Legal Description
- GULF LAGOON BEACH 70B1 & 70B2 BEG AT NW COR LOT 6 TH SELY 21.83' SWLY 200 TO WATER NWLY 18.54' NELY 200' TO POB AKA UNIT D BLK 1 ORB 3599 P 2397 (6.01)
General Property Info
- Sub-Type
- Vacant Land
- Lot Dimensions
- 22 x 200
- Acreage
- 0.1
- Lot Size (SqFt)
- 4400
- Beach Frontage
- 22
Status Change Info
- Under Contract Date
- 2026-03-27
Waterfront Feature
- Waterfront Feet
- 22
Listing Info, Tax & Legal
- HOA Fee
- No
- Last Taxes
- 13936
- Last Tax Year
- 2024
- Brokerage Interest
- No Interest
- As Is
- Yes
More Information
Remarks & Misc
- Remarks
- UNDER CONTRACT. SELLER ACCEPTING BACKUP OFFERS. Rare Gulf-Front Opportunity! Build your dream coastal retreat on this ready-to-build Gulf-front lot located at 5101 Gulf Drive in Panama City Beach. Enjoy panoramic views of the Gulf of Mexico, direct beach access, and an unbeatable location near Schooners and St. Andrews State Park. No HOA and utilities available. Perfect for a custom luxury home or vacation rental investment–one of the few remaining Gulf-front parcels in the area. Perfectly positioned near Schooners, Patches Pub, and St. Andrews State Park, this Gulf-front property offers the perfect balance of privacy and convenience–just minutes from dining, marinas, and Panama City Beach's most desirable attractions. Whether your vision is a custom luxury residence, a vacation retreat, or an income-producing investment, this ready-to-build homesite delivers the flexibility and freedom to bring your dream to life. With utilities available and no HOA restrictions, you can design and build to fully capture the panoramic Gulf views and coastal lifestyle. Property Features: Direct Gulf-front parcel with sweeping Gulf views; Cleared and ready to build; Utilities available; No HOA restrictions; Ideal for a custom home or short-term rental investment; Prime location near restaurants, shops, and marinas Opportunities to own true Gulf-front land in Panama City Beach are extremely limited. Schedule your private showing today and start planning your modern coastal masterpiece surrounded by emerald waters and endless sunsets.
Other Structures
- None
- Yes
Lot Features
- Deeded Access
- Yes
- Deeded Access Water
- Yes
- Near Beach Access
- Yes
- Near Public Boat Ramp
- Yes
- Waterfront
- Yes
- Other – See Remarks
- Yes
Lot Access
- Paved Road
- Yes
- Other – See Remarks
- Yes
Present Zoning
- County
- Yes
Utilities
- All Utilities
- Yes
- Other – See Remarks
- Yes
Waterview
- Gulf
- Yes
Sale Type
- Accept Backup Offers
- Yes
Waterfront Type
- Gulf
- Yes
- See Remarks
- Yes
Property Features
Lot Access:
Paved Road; Other – See Remarks
Lot Features:
Deeded Access; Deeded Access Water; Near Beach Access; Near Public Boat Ramp; Waterfront; Other – See Remarks
Other Structures:
None
Sale Type:
Accept Backup Offers
Utilities:
All Utilities; Other – See Remarks
Waterfront Type:
Gulf; See Remarks
Waterview:
Gulf
Present Zoning:
County
Listing Office:
eXp Realty, LLC
Last Updated: March – 30 – 2026
Information deemed reliable but not guaranteed.