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5920/5922 Gulf Drive

Panama City, FL 32408
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Acres0.09

Acre(Lot)

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 b uyers 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.

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Detail Ic Property Details

Property Type : Land

Price : $795,000

AD Id : 88132823

MLS Id : 792773

Lot Size : 0.09 Acre(Lot)

County : Bay

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Feature Features

  • Lot Information

    Lot Dimensions: 45x100 Main Square Feet: 0.09 Lot Size Acres: 0.09 Lot Size Square Feet: 4,000

    Property Information

    Subdivision: Crescent Beach Unit 1 Source Property Type: Land MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Residential

  • Listing Price Information

    Listing Price: $795000

  • Tax Information

    Parcel Number: 30561-025-000 & 30561-025-000 Tax Year: 2025 Tax Legal Desc: 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

  • School Information

    Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold
  • Utility Information

    SewerAvailable
  • Location Information

    Direction: located just east of Hadley's Beach on Gulf Drive across the street from the beach.
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Nearby Home Value

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3303 Terra Cotta Drive, Panama City, FL, 32408 $395,000 -- -- -- 0.40 Acre(Lot)
5226 Kingston Circle, Panama City, FL, 32408 $110,000 -- -- -- 0.11 Acre(Lot)
5224 Kingston Boulevard, Panama City, FL, 32408 $210,000 -- -- -- 0.23 Acre(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/18/2026 @ 02:07

MLS: 792773 LISTED BY: Craig Duran, Berkshire Hathaway HomeServices Beach Properties of Florida 850-252-4160 SOURCE: CPAR

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