5409 Gulf Drive
Panama City, FL 32408
9
Bed
7
Bath
0.29Acre(Lot)
''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2026! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the ki
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 9Bathroom Information
Total Baths: 7 Full Baths: 7Room Information
Rooms Total: 9Roofing Information
Metal -
Interior Features
Roof: MetalAppliances: ConvectionOven, WasherDryerStacked, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeaterLaundry Features: StackedWindow Features: DoublePaneWindows, StormWindows -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir Water front: 1
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Building Information
Year Built: 2015Building Area Total: 4537Construction Materials: HardiplankTypeStories: 3Patio And Porch Features: Balcony, Deck, Covered, PatioPool Features: Fenced, Gunite, ElectricHeat, InGround, PrivatePrivate Pool: YesWater front Features: Gulf,ShorelineSandView: Gulf -
Exterior Features
Exterior Features: CoveredPatio, Deck, Patio, OutdoorShower
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Lot Information
Lot Dimensions: 50x250 Main Square Feet: 0.29 Lot Size Acres: 0.29 Lot Size Square Feet: 12,458Property Information
Subdivision: [No Recorded Subdiv] Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Zoning Description: County, Resid Single Family Property SubType: Single Family Residence Levels: ThreeOrMore Property Age: 11
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Listing Price Information
Listing Price: $4490000
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Tax Information
Parcel Number: 32285-000-000 Tax Year: 2025 Annual Tax: $23043 Tax Legal Desc: GULF LAGOON BEACH LOT 4 BLK 6 ORB 3979 P 618
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School Information
Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold -
Utility Information
CableConnected -
Location Information
Direction: From the Hathaway bridge take Thomas Drive west , Then turn left onto Gulf drive. The home is on the Gulf at 5409. Security Features: FireAlarm
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3511 Cottage Cove Lane, Panama City, FL, 32408 | $599,000 | 4 | 3 | -- | |
| 3620 Woods Lane, Panama City, FL, 32408 | $579,900 | 3 | 2 | -- | |
| 3539 Sanctuary Drive, Panama City, FL, 32408 | $796,900 | 5 | 4 | -- | |
| 3561 Sanctuary Drive, Panama City, FL, 32408 | $848,000 | 4 | 4 | -- | |
| 3541 Sanctuary Drive, Panama City, FL, 32408 | $699,900 | 4 | 3 | 2,255 | 2,255 SqFt |
| 3730 Preserve Bay Boule.., Panama City, FL, 32408 | $8,750,000 | 5 | 10 | -- | |
| 124 Legend Lakes Drive, Panama City, FL, 32408 | $925,000 | 4 | 3 | -- | |
| 100 Legend Lakes Drive, Panama City, FL, 32408 | $814,900 | 3 | 2 | -- | |
| 4100 Marriott Drive #208, Panama City, FL, 32408 | $449,900 | 2 | 2 | -- | |
| 4100 Marriott Drive #UN.., Panama City, FL, 32408 | $1,200,000 | 4 | 5 | -- |
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ByOwner last updated this listing 06/07/2026 @ 04:34
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