5012 Gulf Drive #1-4
Panama City Beach, FL 32408
10
Bed
8
Bath
0.13Acre(Lot)
60 FEET FROM BEACH ACCESS | RARE QUAD-PLEX PACKAGE WITH HUGE VACATION RENTAL INCOME POTENTIAL! Located approximately 60 feet from a wide paved public beach access, this extremely rare four unit beachside complex offers a unique opportunity to own a 2 story entire ground level quadplex at the end of a quiet cul de sac with no thru traffic. The direct proximity to beach access combined with the low density setting creates strong and consistent short term rental demand in Panama City Beach. The property consists of four ground floor units totaling approximately 3,500 square feet with 10 bedrooms and 8 bathrooms across the complex and is situated on approximately 0.13 acres. Unit 1 and Unit 3 are each 3 bedroom 2 bath units of approximately 935 square feet, while Unit 2 and Unit 4 are each
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 8 Full Baths: 8Room Information
Rooms Total: 19Roofing Information
Metal -
Interior Features
MainLevelPrimaryRoof: 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: 3500Construction 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: 110x80 Main Square Feet: 0.13 Lot Size Acres: 0.13 Lot Size Square Feet: 5,663 Lot Description: PavedProperty Information
Subdivision: Gulfside Condo. Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Quadruplex Levels: Two Property Age: 53
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Listing Price Information
Listing Price: $1599999Original Price: $1840000
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Tax Information
Parcel Number: 32256-009-000 Tax Year: 2025 Annual Tax: $0 Tax Legal Desc: GULFSIDE CONDOMINIUM 16 4S 15W -404.5- 70B1 ENDING 32256-040-000 + GULFSIDE CONDO APT 1 ORB 494 P 370 2BR 2B 688 H&C ORB 4719 P 1841 + GULFSIDE CONDO APT 2 ORB 494 P 370 2BR 2B 688 H&C ORB 4900 P 1592 + GULFSIDE CONDO APT 3 ORB 494 P 370 2BR 2B 688 H&C ORB 4719 P 1841 + GULFSIDE CONDO APT 4 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.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5709 Beach Drive, Panama City Beach, FL, 32408 | $589,000 | 4 | 2 | -- | |
| 2432 Valley Oak Court A&b, Panama City Beach, FL, 32408 | $475,000 | 4 | 4 | -- | |
| 2907 Sarah Jean Court, Panama City Beach, FL, 32408 | $1,299,000 | 8 | 8 | -- | |
| 8402 Elizabeth Avenue, Panama City Beach, FL, 32408 | $545,000 | 4 | 4 | -- | |
| 2803 Lagoon Knoll #A, Panama City Beach, FL, 32408 | $299,900 | 2 | 2 | -- |
Similar Multifamily To 5012 Gulf Drive #1-4
Nearby For Sale
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ByOwner last updated this listing 08/01/2026 @ 13:30
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