5920/5922 Gulf Drive, Panama City, FL 32408 (MLS# 792773)

5920/5922 Gulf Drive, Panama City, FL 32408

New Listing

$795,000

7-web-or-mls-PANHANDLE - 5920 & 5922 GUL

10-web-or-mls-PANHANDLE - 5920 & 5922 GU

47-web-or-mls-PANHANDLE - 5920 & 5922 GU

34-web-or-mls-PANHANDLE - 5920 & 5922 GU

20-web-or-mls-PANHANDLE - 5920 & 5922 GU

6-web-or-mls-PANHANDLE - 5920 & 5922 GUL

8-web-or-mls-PANHANDLE - 5920 & 5922 GUL

1-web-or-mls-PANHANDLE - 5920 & 5922 GUL

2-web-or-mls-PANHANDLE - 5920 & 5922 GUL

4-web-or-mls-PANHANDLE - 5920 & 5922 GUL

5-web-or-mls-PANHANDLE - 5920 & 5922 GUL

11-web-or-mls-PANHANDLE - 5920 & 5922 GU

12-web-or-mls-PANHANDLE - 5920 & 5922 GU

14-web-or-mls-PANHANDLE - 5920 & 5922 GU

15-web-or-mls-PANHANDLE - 5920 & 5922 GU

16-web-or-mls-PANHANDLE - 5920 & 5922 GU

31-web-or-mls-PANHANDLE - 5920 & 5922 GU

46-web-or-mls-PANHANDLE - 5920 & 5922 GU

Property Type: Residential Land Lot Size (sq. ft.): 4,000 Status: Active

Current Price: $795,000 List Date: 7/17/2026 Last Modified: 7/17/2026

Overview

Description

Rare east-end Panama City Beach opportunity just off the Gulf. These two adjoining parcels total approximately 45' x 100' and offer an exceptional setting for a custom beach retreat or coastal project. Located just east of Hadley's Beach and just a short distance from the sand, this property gives you the beachside lifestyle without being tied to an HOA. Enjoy the flexibility of no HOA dues, no HOA approval process, and no neighborhood rental restrictions imposed by an association, while still being close to the water, Thomas Drive, St. Andrews State Park, Shell Island excursions, Grand Lagoon marinas, restaurants, beach bars, fishing, boating, and the quieter charm of the east end. The property is zoned SR-2 Seasonal/Resort and is located in Flood Zone X, adding to its appeal for buyers looking for a flexible beach-area opportunity in a highly desirable location. Buyer to verify zoning, permitted uses, setbacks, buildable envelope, utilities, lot-combination requirements, flood … (Read more)

Listing Details MLS# 792773

Contract Info

List Price/Acre: 8833333.33

Location

Street #: 5920/5922
Street Name: Gulf
Street Suffix: Drive
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Crescent Beach Unit 1
Community/Resort: None
Waterfront: No
Parcel ID: 30561-025-000 & 30561-025-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: located just east of Hadley's Beach on Gulf Drive across the street from the beach.
Legal Description: 8 4S 15W -8.5- MAP 59A1 COM NW COR L-11 B-13 GULF LAG BCH TH NW 200' SW 320.10' NW 80' FOR POB TH NW 20' NE 100' SE 20' SW 100' TO POB AKA PT OF LOT 15 BLK 2 SACHS UNR ORB 3323 P 2256

General Property Info

Sub-Type: Residential Lots
Lot Dimensions: 45×100
Acreage: 0.09
Lot Size (SqFt): 4000

Listing Info, Tax & Legal

HOA Fee: No
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Rare east-end Panama City Beach opportunity just off the Gulf. These two adjoining parcels total approximately 45' x 100' and offer an exceptional setting for a custom beach retreat or coastal project. Located just east of Hadley's Beach and just a short distance from the sand, this property gives you the beachside lifestyle without being tied to an HOA. Enjoy the flexibility of no HOA dues, no HOA approval process, and no neighborhood rental restrictions imposed by an association, while still being close to the water, Thomas Drive, St. Andrews State Park, Shell Island excursions, Grand Lagoon marinas, restaurants, beach bars, fishing, boating, and the quieter charm of the east end. The property is zoned SR-2 Seasonal/Resort and is located in Flood Zone X, adding to its appeal for buyers looking for a flexible beach-area opportunity in a highly desirable location. Buyer to verify zoning, permitted uses, setbacks, buildable envelope, utilities, lot-combination requirements, flood zone, coastal construction requirements, and any short-term rental or development requirements with Bay County.

Utilities

Electricity – Connected: Yes
Sewer Available: Yes
Water Available: Yes

More Information

Property Features

Utilities: Electricity – Connected; Sewer Available; Water Available

Listing Office: Berkshire Hathaway HomeServices Beach Properties of Florida

Last Updated: July – 17 – 2026

Information deemed reliable but not guaranteed.