5403 Gulf Drive, Panama City, FL 32408
$1,840,000
Property Type:
Residential Land
Lot Size (sq. ft.):
12,458
Status:
Active
Current Price:
$1,840,000
List Date:
9/10/2025
Last Modified:
2/13/2026
Description
A rare chance to own prime Gulf-front property in one of the most desirable stretches of Panama City Beach. This cleared 0.29-acre parcel sits directly beside from public beach access #7, offering unmatched visibility, walkability, and development potential.
Zoned mixed-use, the property allows for a wide range of possibilities. With no HOA restrictions, public utilities near by, and paved road access, it’s a straightforward site to bring your vision to life.
Whether you’re a developer, investor, or visionary builder and want to bring your dream home to life, 5403 Gulf Drive is your chance to create something extraordinary on Florida’s Emerald Coast.
More Information MLS# 778820
Contract Info
List Price/Acre: 6344827.59
Status: Active
List Date: 2025-09-10
List Price: $1,840,000
Current Price: $1,840,000
Location
Sub Area: 0323 – Beach – South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From St. Andrews State Park, head west along Thomas Drive until you reach Hurt Street, then turn left that road leads directly to Gulf drive and run into the lot.
Street #: 5403
Street Name: Gulf
Street Suffix: Drive
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: Gulf Lagoon Beach
Parcel ID: 32282-000-000
Legal Description: GULF LAGOON BEACH LOT 1 BLK 6 ORB 4073 P 2133
General Property Info
Acreage: 0.29
Lot Size (SqFt): 12458
Lot Dimensions: 50×250
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 10695
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: A rare chance to own prime Gulf-front property in one of the most desirable stretches of Panama City Beach. This cleared 0.29-acre parcel sits directly beside from public beach access #7, offering unmatched visibility, walkability, and development potential.
Zoned mixed-use, the property allows for a wide range of possibilities. With no HOA restrictions, public utilities near by, and paved road access, it’s a straightforward site to bring your vision to life.
Whether you’re a developer, investor, or visionary builder and want to bring your dream home to life, 5403 Gulf Drive is your chance to create something extraordinary on Florida’s Emerald Coast.
Lot Features
Near Beach Access: 1
Waterfront: 1
Within 1/2 Mile to Water: 1
Waterfront Feature
Waterfront Feet: 50
Lot Access
County Road: 1
Utilities
Electricity – Connected: 1
Public Sewer Available: 1
Water Connected: 1
Waterview
Gulf: 1
Waterfront Type
Gulf: 1
Property Features
Lot Access: County Road
Lot Features: Near Beach Access; Waterfront; Within 1/2 Mile to Water
Utilities: Electricity – Connected; Public Sewer Available; Water Connected
Waterfront Type: Gulf
Waterview: Gulf
Listing Office:
Think Real Estate
Last Updated: February – 13 – 2026
Information deemed reliable but not guaranteed.