5307 Gulf Drive, Panama City Beach, FL 32408 (MLS# 713118)

5307 Gulf Drive, Panama City Beach, FL 32408

$1,560,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,838 Lot Size (sq. ft.): 12,500 Status: Sold

Current Price: $1,560,000 List Date: 7/05/2021 Last Modified: 9/23/2024

Overview

Description

Currently under contract -Back up offers accepted. Great Gulf front home on Private Gulf Drive within walking distance to St. Andrews State Park and Schooners. This premier location is just a short distance to many amenities. Boat rentals, and many great local favorite restaurants. The home has everything needed to create a great second home or investment rental property. The home can currently sleep approximately 12 to 14 people and park 6 vehicles. The house features an open floorplan great for entertaining and the entire back of the home is windows and full glass doors overlooking the magnificent Gulf beach. The property has been a private residence and has no rental history. The home has 10′ ceiling’s throughout. Owner willing to contribute $100k with full price offer towards upgrades.

Listing Details MLS# 713118

Contract Info

List Price/SqFt: 911.32

Location

Area: 03 – Bay County – Beach
Street #: 5307
Street Name: Gulf
Street Suffix: Drive
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: 32276-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Travel South on Thomas Drive all the way down to where the road splits by St Andrews State Park. Stay to the right go down past Schooners and take first left to Beach front Gulf Drive Turn right and house is on the left.
Legal Description: GULF LAGOON BEACH LOT 1 BLK 5 ORB 1088 P 1282 ORB 1447 P 1912 ORB 2475 P 2313 ORB 2798 P 3

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 1838
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
# of Stories in Building: 2
Year Built: 1997
Construction Status: Construction Complete
Garage Y/N: No
Covered Spaces: 2
Driveway Spaces: 3
Lot Dimensions: 50×250
Acreage: 0.29
Lot Size (SqFt): 12500
Beach Frontage: 50

Status Change Info

Under Contract Date: 2021-07-08
Sold Date: 2021-08-30
Sold Price/SqFt: 848.75
Sold Price/Acre: 5379310.34

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 6862
Last Tax Year: 2020
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Currently under contract -Back up offers accepted. Great Gulf front home on Private Gulf Drive within walking distance to St. Andrews State Park and Schooners. This premier location is just a short distance to many amenities. Boat rentals, and many great local favorite restaurants. The home has everything needed to create a great second home or investment rental property. The home can currently sleep approximately 12 to 14 people and park 6 vehicles. The house features an open floorplan great for entertaining and the entire back of the home is windows and full glass doors overlooking the magnificent Gulf beach. The property has been a private residence and has no rental history. The home has 10' ceiling's throughout. Owner willing to contribute $100k with full price offer towards upgrades.

More Information

Dining Room

Second: Yes

Master Bathroom

Second: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Oven – Electric: Yes
Range – Electric: Yes
Range Hood: Yes
Refrigerator: Yes
Water Heater – Electric: Yes

Construction/Siding

Concrete: Yes
Roof – Fiberglass: Yes

Energy

Water Heater – Electric: Yes

Exterior

Balcony: Yes
Deck Open: Yes
Needs Work: Yes
Patio Open: Yes
Porch Open: Yes

Furnished

Unfurnished: Yes

Kitchen

Second: Yes

Living Room

Second: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bathroom: Yes

Utilities

All Utilities: Yes

Waterfront Type

Gulf: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Floors in Unit/Home

Two: Yes

Property Features

Appliances: Dishwasher; Disposal; Microwave; Oven – Electric; Range – Electric; Range Hood; Refrigerator; Water Heater – Electric Bedroom: Second Energy: Water Heater – Electric Cooling: Ceiling Fan(s); Central Air Exterior: Balcony; Deck Open; Needs Work; Patio Open; Porch Open Furnished: Unfurnished Kitchen: Second Living Room: Second Master Bathroom: Second Dining Room: Second Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bathroom Utilities: All Utilities Waterfront Type: Gulf

Room Information

Room Name	Level	Dimensions	Length	Width
Kitchen	Second	15 x 8	15.00	8.00
Living Room	Second	18 x 17	18.00	17.00
Master Bathroom	Second	14 x 13	14.00	13.00
Dining Room	Second	11 x 14	11.00	14.00
Bedroom	Second

Listing Office: Counts Real Estate Group Inc

Last Updated: September – 23 – 2024

Information deemed reliable but not guaranteed.