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Listed price in listed location currency (USD).
$499,900

320

MLS® 783286

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size -
Garage No
HOA Fees 
Taxes $738
Days Active 2
Approx. Age 1973
MLS® Number 783286

Property Address: apt-1-5012 Gulf Dr, Panama City Beach, FL, 32408-6953

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own a ground-floor 3 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to a few restaurants including Schooners. Simply walk out your front door and you're less than 60 feet from the beach, making this unit extremely attractive for short-term rentals and personal use alike. The unit features updated LVP flooring with upgraded rubber backing, a functional layout, and durable finishes designed for low-maintenance ownership. The building has seen major improvements including all-brick construction with dual layers of elastomeric stucco and paint, a 2024 standing-seam metal roof, updated windows and doors, and water heaters replaced in 2021. Owners enjoy a shared pool, no HOA, short-term rentals allowed, and two assigned parking spaces per unit. The owner currently has Units #1, #3, and #4 available, offering a unique chance for investors to acquire multiple units in the same small complex directly across from beach access — an opportunity that rarely comes available in this area at this price point. Ideal for investors looking to scale a beach rental portfolio in one location.
MLS® Number783286
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelStacked
Exposure
Exterior
GarageNo
Approx. Age1973
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:First Floor9 × 8 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 6, 2026List Date
$499,900List Price
  • Commute

Commute

Starting Address
Destination Address
5012 Gulf Dr, Panama City Beach, FL

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