5309 Gulf Drive, Panama City Beach, FL 32408 (MLS# 785010)

5309 Gulf Drive, Panama City Beach, FL 32408

$2,695,000

Virtual Tour

https://my.matterport.com/show/?m=oh2Vueh4jv9&mls=1

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,786 Lot Size (sq. ft.): 12,458 Status: Active

Current Price: $2,695,000 List Date: 2/10/2026 Last Modified: 3/28/2026

Overview

Description

Charming coastal retreat with timeless beach-house appeal, ideally located on the highly sought-after east end of Panama City Beach. This beautifully renovated 4-bedroom, 2.5-bath Gulf-front home sits on an expansive 50' x 250' lot and offers stunning Gulf views from most rooms, including the primary suite, secondary bedrooms, living room, and kitchen — plus more than 2,000 square feet of balconies and decks designed to soak in the scenery. The elevated design features a spacious lower level with dual garage bays, providing generous space for parking, storage, beach gear, and all your outdoor toys. Just beyond, the covered ground-level entertaining area is built for relaxation, complete with ample seating and swing seating — perfect for game days, gatherings with friends, or unwinding while enjoying the Gulf breeze and open views. Inside, a full renovation showcases exceptional craftsmanship and high-end designer finishes throughout. The kitchen and bathrooms feature Italian Carr … (Read more)

Listing Details MLS# 785010

Contract Info

List Price/SqFt: 1508.96

Location

Area: 03 – Bay County – Beach
Street #: 5309
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
Gulf Access: Yes
Parcel ID: 32277-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Hwy 98, South on Navy Blvd, turn Right/West onto Thomas Drive. Left on Irwin Street, Right on Gulf Drive. Home on Left.
Legal Description: GULF LAGOON BEACH LOT 2 BLK 5 ORB 4575 P 1974

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 1786
SqFt Source: An Appraiser
Full Baths: 2
Half Baths: Yes
Total Baths: 3
# of Stories in Building: 2
Year Built: 1997
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 50 x 250
Acreage: 0.29
Lot Size (SqFt): 12458
Beach Frontage: 50
Pool: No

Waterfront Feature

Waterfront Feet: 50
Shore – Beach: Yes

Listing Info, Tax and Legal

HOA Fee: No
New Buyer Fee: No
Last Taxes: 19737
Last Tax Year: 2025
Brokerage Interest: Familial Interest – Listing Broker/Licensee related to owner.

Remarks & Misc

Remarks: Charming coastal retreat with timeless beach-house appeal, ideally located on the highly sought-after east end of Panama City Beach. This beautifully renovated 4-bedroom, 2.5-bath Gulf-front home sits on an expansive 50' x 250' lot and offers stunning Gulf views from most rooms, including the primary suite, secondary bedrooms, living room, and kitchen — plus more than 2,000 square feet of balconies and decks designed to soak in the scenery. The elevated design features a spacious lower level with dual garage bays, providing generous space for parking, storage, beach gear, and all your outdoor toys. Just beyond, the covered ground-level entertaining area is built for relaxation, complete with ample seating and swing seating — perfect for game days, gatherings with friends, or unwinding while enjoying the Gulf breeze and open views. Inside, a full renovation showcases exceptional craftsmanship and high-end designer finishes throughout. The kitchen and bathrooms feature Italian Carrara marble, Viking appliances, Kohler and Newport Brass fixtures, Ann Sacks and Aguayo tile, and custom details at every turn. The living area and kitchen are accented by stunning 200-year-old hand-hewn salvaged beams, blending historic character with modern coastal luxury. Smart home technology includes Control4 lighting and automation, security cameras, and integrated flat-screen TVs. Major upgrades provide peace of mind and efficiency, including all new hurricane-impact windows, solid shiplap interior walls, oak flooring, updated plumbing and wiring, a 5-ton HVAC system, hurricane strapping, and a durable metal roof. This home is truly turn-key and ready to enjoy. Whether you're searching for a primary residence, luxury vacation getaway, or high-performing investment property, this Gulf-front gem delivers the relaxed beach lifestyle buyers dream about — just bring your flip-flops and start living on island time.

More Information

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Disposal: Yes
Ice Maker: Yes
Microwave: Yes
Oven – Electric: Yes
Washer/Dryer Stacked: Yes
Water Heater – Electric: Yes
Wine Refrigerator: Yes

Interior Features

Breakfast Bar: Yes
Ceiling – Beamed: Yes
Floor – Hardwood: Yes
Floor – Tile: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Security System: Yes
Window – Treatment All: Yes

Construction/Siding

Foundation – On Piling: Yes
Wood/Frame: Yes
Roof – Metal: Yes
Siding – Wood: Yes
Trim – Wood: Yes

Exterior

Balcony: Yes
Deck Open: Yes
Double Pane Windows: Yes
Storm Windows: Yes

Furnished

Furnished: Yes

Kitchen

Second: Yes

Living Room

Second: Yes

Lot Features

Dedicated Beach: Yes
Deeded Access: Yes

Lot Access

Paved Road: Yes

Parking Features

Garage Attached: Yes
Oversized: Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity: Yes
MBath Shower Only: Yes
MBed Balcony: Yes
MBed Waterfront: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes
Unobstructed: Yes

Waterfront Type

Gulf: Yes

Master Bedroom

Second: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Electric: Yes

Security Features

Security System: Yes
Smoke Detector(s): Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Ice Maker; Microwave; Oven – Electric; Washer/Dryer Stacked; Water Heater – Electric; Wine Refrigerator Master Bedroom: Second Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Electric Heating: Electric Exterior: Balcony; Deck Open; Double Pane Windows; Storm Windows Furnished: Furnished Kitchen: Second Living Room: Second Lot Features: Dedicated Beach; Deeded Access Lot Access: Paved Road Security Features: Security System; Smoke Detector(s) Parking Features: Garage Attached; Oversized Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Utilities: TV Cable; Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf; Unobstructed

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	Second	16 x 11.8	16.00	11.80
Bedroom	Second	12.4 x 12.2	12.40	12.20
Living Room	Second	21.4 x 16.2	21.40	16.20
Kitchen	Second	13 x 16.2	13.00	16.20

Listing Office: Counts Real Estate Group Inc

Last Updated: March – 28 – 2026

Information deemed reliable but not guaranteed.