5101 Gulf Drive D, Panama City, FL 32408

$899,000
Property Type: Residential Land Lot Size (sq. ft.): 4,400 Status: Active
Current Price: $899,000 List Date: 11/05/2025 Last Modified: 12/09/2025

Description

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.

More Information MLS# 781283

Contract Info

List Price/Acre: 8990000 Status: Active List Date: 2025-11-05 List Price: $899,000 Current Price: $899,000

Location

Unit #: D Sub Area: 0323 – Beach – South of Grand Lagoon Community/Resort: None Waterfront: Yes 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 Street #: 5101 Street Name: Gulf Street Suffix: Drive Area: 03 – Bay County – Beach State: FL Zip Code: 32408 County: Bay Subdivision: Gulf Lagoon Beach Parcel ID: 32254-000-000 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

Acreage: 0.1 Lot Size (SqFt): 4400 Lot Dimensions: 22 x 200 Beach Frontage: 22 Sub-Type: Vacant Land

Listing Info, Tax & Legal

HOA Fee: No Last Taxes: 13936 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: 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: 1

Lot Features

Deeded Access: 1 Deeded Access Water: 1 Near Beach Access: 1 Near Public Boat Ramp: 1 Waterfront: 1 Other – See Remarks: 1

Waterfront Feature

Waterfront Feet: 22

Lot Access

Paved Road: 1 Other – See Remarks: 1

Present Zoning

County: 1

Utilities

All Utilities: 1 Other – See Remarks: 1

Waterview

Gulf: 1

Sale Type

Accept Backup Offers: 1

Waterfront Type

Gulf: 1 See Remarks: 1

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: December – 09 – 2025
Information deemed reliable but not guaranteed.