5309 Gulf Drive, Panama City Beach, FL 32408
$2,895,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
1,786
Lot Size (sq. ft.):
12,458
Status:
Active
Current Price:
$2,895,000
List Date:
2/10/2026
Last Modified:
2/18/2026
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 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 MLS# 785010
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.
Contract Info
List Price/SqFt: 1620.94
Status: Active
List Date: 2026-02-10
List Price: $2,895,000
Current Price: $2,895,000
Location
Sub Area: 0323 – Beach – South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
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.
Area: 03 – Bay County – Beach
Street #: 5309
Street Name: Gulf
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Gulf Lagoon Beach
Parcel ID: 32277-000-000
Legal Description: GULF LAGOON BEACH LOT 2 BLK 5 ORB 4575 P 1974
General Property Info
Acreage: 0.29
Design: Beach House
Lot Size (SqFt): 12458
Apx SqFt(Htd/Cooled): 1786
Construction Status: Construction Complete
SqFt Source: An Appraiser
Half Baths: 1
# of Stories in Building: 2
Lot Dimensions: 50 x 250
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Beach Frontage: 50
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 2
Total Baths: 3
Year Built: 1997
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.
Appliances
Cooktop – Electric: 1
Dishwasher: 1
Disposal: 1
Ice Maker: 1
Microwave: 1
Oven – Electric: 1
Washer/Dryer Stacked: 1
Water Heater – Electric: 1
Wine Refrigerator: 1
Interior Features
Breakfast Bar: 1
Ceiling – Beamed: 1
Floor – Hardwood: 1
Floor – Tile: 1
Kitchen Island: 1
Lighting – Recessed: 1
Security System: 1
Window – Treatment All: 1
Construction/Siding
Foundation – On Piling: 1
Wood/Frame: 1
Roof – Metal: 1
Siding – Wood: 1
Trim – Wood: 1
Exterior
Balcony: 1
Deck Open: 1
Double Pane Windows: 1
Storm Windows: 1
Waterfront Feature
Shore – Beach: 1
Waterfront Feet: 50
Furnished
Furnished: 1
Kitchen
Second: 1
Living Room
Second: 1
Lot Features
Dedicated Beach: 1
Deeded Access: 1
Lot Access
Paved Road: 1
Parking Features
Garage Attached: 1
Oversized: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Shower Only: 1
MBed Balcony: 1
MBed Waterfront: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Utilities
TV Cable: 1
Electricity – Connected: 1
Internet – Broadband Available: 1
Public Sewer – Connected: 1
Public Water – Connected: 1
Waterview
Gulf: 1
Unobstructed: 1
Waterfront Type
Gulf: 1
Master Bedroom
Second: 1
Bedroom
Second: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Electric: 1
Security Features
Security System: 1
Smoke Detector(s): 1
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
Master Bedroom
Level: Second
Dimensions: 16 x 11.8
Length: 16.00
Width: 11.80
Dimensions: 16 x 11.8
Bedroom
Level: Second
Dimensions: 12.4 x 12.2
Length: 12.40
Width: 12.20
Dimensions: 12.4 x 12.2
Living Room
Level: Second
Dimensions: 21.4 x 16.2
Length: 21.40
Width: 16.20
Dimensions: 21.4 x 16.2
Kitchen
Level: Second
Dimensions: 13 x 16.2
Length: 13.00
Width: 16.20
Dimensions: 13 x 16.2
Listing Office:
Counts Real Estate Group Inc
Last Updated: February – 18 – 2026
Information deemed reliable but not guaranteed.