5500 Gulf Drive, Panama City, FL 32408
New Listing
$1,499,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,414
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$1,499,000
List Date:
8/14/2026
Last Modified:
8/14/2026
Listing Details MLS# 794028
Contract Info
- List Price/SqFt
- 620.96
Location
- Area
- 03 – Bay County – Beach
- Street #
- 5500
- 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
- No
- Parcel ID
- 32294-000-000
- Elementary School
- Patronis
- Middle School
- Surfside
- High School
- Arnold
- Directions
- Traveling southeast on Thomas Drive take a right onto Biltmore, left onto Gulf Drive. Home is 4th on the left.
- Legal Description
- GULF LAGOON BEACH LOT 9 BLK 7 ORB 4278 P 308
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Beach House
- Apx SqFt(Htd/Cooled)
- 2414
- SqFt Source
- Prop App Site
- Full Baths
- 3
- Half Baths
- Yes
- Total Baths
- 4
- # of Stories in Building
- 2
- Accessory Dwelling Unit
- No
- Year Built
- 2018
- Construction Status
- Construction Complete
- New Construction
- No
- Garage Y/N
- No
- Lot Dimensions
- 50.0 ft x 115.0 ft
- Acreage
- 0.13
- Lot Size (SqFt)
- 5663
- Pool
- Yes
- Pool Type
- Private
Listing Info, Tax and Legal
- HOA Fee
- No
- Senior Community
- No
- New Buyer Fee
- No
- Last Taxes
- 10562
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
- Township
- Panama City Bea
Remarks & Misc
- Remarks
- First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold furnished. Its sister property, identical in layout, 2 doors down is listed for sale as well.
Bunk Room
- Second
- Yes
More Information
Pool Features
- Heated – Electric
- Yes
- Inground
- Yes
Interior Features
- Kitchen Island
- Yes
- Lighting – Recessed
- Yes
- Lock Out Closet
- Yes
- Stairs
- Yes
- Window – Treatment All
- Yes
Construction/Siding
- Roof – Metal
- Yes
Exterior
- Balcony
- Yes
- Columns
- Yes
- Deck Covered
- Yes
- Deck Open
- Yes
- Fenced Back Yard
- Yes
- Porch Covered
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Furnished
- Furnished
- Yes
Interior
- Bunk Room
- Yes
Kitchen
- First
- Yes
Living Room
- First
- Yes
Lot Features
- Landscaped
- Yes
- Near Beach Access
- Yes
- Near Public Boat Ramp
- Yes
- Within 1/2 Mile to Water
- Yes
Lot Access
- Paved Road
- Yes
Parking Features
- Driveway
- Yes
Present Zoning
- Resid Single Family
- Yes
Rooms
- Bedroom
- Yes
- Bunk Room
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Primary Bedroom
- Yes
Utilities
- Cable – Available
- Yes
- Electricity – Availabile
- Yes
- Garbage
- Yes
- Natural Gas – Available
- Yes
- Generator
- Yes
- Internet – Fiber Optic
- Yes
- Public Sewer – Connected
- Yes
- Public Water – Connected
- Yes
Waterview
- Gulf
- Yes
Primary Bedroom
- First
- Yes
- Second
- Yes
Bedroom
- Second
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
Heating
- Central
- Yes
Primary Bdrm/Primary Bath
- MBath Double Vanity
- Yes
- MBath Separate Shwr
- Yes
- MBath Walk-In Closet
- Yes
- MBed Balcony
- Yes
- MBed First Floor
- Yes
- MBed Walk-in Closet
- Yes
Security Features
- Smoke Detector(s)
- Yes
Property Features
Primary Bedroom:
First; Second
Bedroom:
Second
Cooling:
Ceiling Fan(s); Central Air
Heating:
Central
Exterior:
Balcony; Columns; Deck Covered; Deck Open; Fenced Back Yard; Porch Covered
Financing:
Cash; Conventional; FHA
Furnished:
Furnished
Interior:
Bunk Room
Kitchen:
First
Living Room:
First
Lot Features:
Landscaped; Near Beach Access; Near Public Boat Ramp; Within 1/2 Mile to Water
Lot Access:
Paved Road
Bunk Room:
Second
Pool Features:
Heated – Electric; Inground
Security Features:
Smoke Detector(s)
Parking Features:
Driveway
Rooms:
Bedroom; Bunk Room; Kitchen; Living Room; Primary Bedroom
Utilities:
Cable – Available; Electricity – Availabile; Garbage; Generator; Internet – Fiber Optic; Natural Gas – Available; Public Sewer – Connected; Public Water – Connected
Waterview:
Gulf
Present Zoning:
Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Living Room | First | 20 x 18 | 20.00 | 18.00 |
| Kitchen | First | 12 x 12 | 12.00 | 12.00 |
| Primary Bedroom | First | 17 x 14 | 17.00 | 14.00 |
| Primary Bedroom | Second | 17 x 14 | 17.00 | 14.00 |
| Bedroom | Second | 12 x 11 | 12.00 | 11.00 |
| Bedroom | Second | 12 x 10 | 12.00 | 10.00 |
| Bunk Room | Second | 12 x 8 | 12.00 | 8.00 |
Listing Office:
Counts Real Estate Group Inc
Last Updated: August – 14 – 2026
Information deemed reliable but not guaranteed.