5518 Gulf Drive
Panama City, FL 32408
4
Bed
4
Bath
0.13Acre(Lot)
Gulf views, directly across from the beach AND beach access--5518 Gulf Drive offers the ideal blend of location, space, and flexibility, making it ideal as second home rental investment, with the benefit of no HOA. Situated on a large corner lot on the east end of Panama City Beach, this home is designed with both comfort and functionality in mind. Newer construction and featuring a spacious living and kitchen area that opens to a private pool and a large patio with both covered and uncovered spaces--perfectly blending indoor and outdoor living for easy gathering and entertaining.The thoughtful layout includes two primary suites, along with two additional bedrooms with en suite baths, and 2 sets of full bunks - enhancing it's versatility to host large groups without sacrificing privacy. T
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 4 Full Baths: 3 Half Baths: 1Room Information
Rooms Total: 8Roofing Information
Metal -
Interior Features
Roof: MetalAppliances: ElectricOven, ElectricRange, TanklessWaterHeater -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: CeilingFans
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Building Information
Year Built: 2019Building Area Total: 2414Construction Materials: HardiplankTypeStories: 2Patio And Porch Features: Balcony, Deck, Covered, PatioPool Features: Fenced, InGround, PrivatePrivate Pool: YesView: Gulf -
Exterior Features
Exterior Features: CoveredPatio, Deck, Patio, OutdoorShower
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Lot Information
Lot Dimensions: 50x118 Main Square Feet: 0.13 Lot Size Acres: 0.13 Lot Size Square Feet: 5,663 Lot Description: PavedProperty Information
Subdivision: Gulf Lagoon Beach Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Zoning Description: Resid Single Family Property SubType: Single Family Residence Levels: Two Property Age: 7
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Listing Price Information
Listing Price: $1599000
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Tax Information
Parcel Number: 32296-010-000 Tax Year: 2025 Annual Tax: $12942 Tax Legal Desc: GULF LAGOON BEACH LOT 12 BLK 7 ORB 4566 P 1527
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Virtual Tour
Parking Information
AdditionalParking
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School Information
Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold -
Utility Information
ElectricityAvailable, HighSpeedInternetAvailable, SewerAvailable -
Location Information
Direction: From Thomas Dr TURN SOUTH onto Biltmore Drive. Home will be on left on corner of Gulf Drive and Biltmore Drive.
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 | -- | |
| 3513 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 | -- |
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ByOwner last updated this listing 06/11/2026 @ 19:00
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