5012 Gulf Drive #1
Panama City Beach, FL 32408
3
Bed
2
Bath
NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! 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-
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 7Roofing Information
Metal -
Interior Features
Roof: MetalAppliances: WasherDryerStacked, ElectricRange, ElectricWaterHeaterLaundry Features: Stacked -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1973Building Area Total: 935Construction Materials: StuccoStories: 2Patio And Porch Features: Balcony, Covered, Patio, PorchPool Features: CommunityPrivate Pool: NoView: Gulf -
Exterior Features
Exterior Features: Patio
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Lot Information
Lot Dimensions: 0x0 Lot Description: PavedProperty Information
Subdivision: Gulfside Condo. Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Condominium Levels: Two Property Age: 53
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Listing Price Information
Listing Price: $499900
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Tax Information
Parcel Number: 32256-010-000 Tax Year: 2024 Annual Tax: $738 Tax Legal Desc: GULFSIDE CONDO APT 1 ORB 494 P 370 2BR 2B 688 H&C ORB 4719 P 1841
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Virtual Tour
Parking Information
AdditionalParking, Paved
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School Information
Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold -
Utility Information
ElectricityAvailable -
Location Information
Direction: From the Navy Base area on Thomas Drive (also called Navy Blvd), continue south toward the beach. Stay on Thomas Drive until Huff Street near Schooners. Turn left on Huff Street, then right on Gulf Drive. 5012 Gulf Drive is a short distance ahead on the left, across from the beach.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2604 Mystic Lane #PO12, Panama City, FL, 32408 | $415,900 | 3 | 3 | -- | |
| 4100 Marriott Drive #204, Panama City, FL, 32408 | $499,999 | 2 | 2 | -- | |
| 4100 Marriott Drive #203, Panama City, FL, 32408 | $435,000 | 2 | 2 | -- | |
| 4100 Marriott Drive #310, Panama City, FL, 32408 | $449,999 | 2 | 2 | -- | |
| 4100 Marriott Drive #108, Panama City, FL, 32408 | $429,900 | 2 | 2 | -- | |
| 4100 Marriott Drive #412, Panama City, FL, 32408 | $649,000 | 3 | 3 | -- | |
| 4100 Marriott Drive #111, Panama City, FL, 32408 | $435,000 | 2 | 2 | -- | |
| 4725 Bay Point Road #269, Panama City, FL, 32408 | $235,000 | 1 | 1 | -- | |
| 4726 Bay Point #C226, Panama City, FL, 32408 | $385,000 | 2 | 2 | -- | |
| 4050 Marriott Drive #3701, Panama City, FL, 32408 | $665,000 | 3 | 3 | -- |
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ByOwner last updated this listing 06/10/2026 @ 13:47
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