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5518 Gulf Drive, Panama City Beach, FL 32408 | MLS ID 999040 - Hardcastle Realty
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$1,599,000

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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. The private pool makes this a true vacation-style setting, while the front porch and expansive second-floor deck offer additional outdoor living spaces to enjoy Gulf views and coastal breezes. The corner lot provides ample parking--a rare and valuable feature this close to the beach.With short-term rentals allowed, a highly functional floor plan, and a location just moments from the sand, this property presents an exceptional opportunity to own your piece of paradise at the beach!

Information
Address:
 <map>
5518 Gulf Drive
Panama City Beach, FL 32408
Bedrooms:  4
Bathrooms:  3 full 1 partial
Square Feet:  2414
Type:  Beach House
Subdivision:  GULF LAGOON BEACH
Area/School Dist:  27 - Bay County
MLS ID:  999040
Status:  Active



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Features
Taxes: $12,941
Fenced: Yes
Exterior: Siding CmntFbrHrdBrd
Special View Info: Gulf
Lot Size: 0.14 Acres
Lot Dimensions: 50x118
Heating: Central
Cooling: Ceiling Fans,Central Air
Year Built: 2019
Sewer: Public Sewer
Stories: 2.0
Financing Terms: Conventional,FHA,VA,Other
Appliances: Dishwasher,Disposal,Dryer,Microwave,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Electric,Washer
Exterior: Balcony,BBQ Pit/Grill,Shower,Sprinkler System
Fencing: Fenced Lot-Part
Flooring: Floor Tile,Floor Vinyl
Interior: Kitchen Island,Owners Closet,Pantry
Lot Description: Corner,Level,Within 1/2 Mile to Water
Parcel Number: 32296-010-000
Patio/Porch: Deck Open,Patio Covered,Patio Open,Porch
Pool Features: Pool - In-Ground,Pool Type
Property Condition: Construction Complete
Sub Type: Detached Single Family
Road Frontage: County Road
Road Surface: Paved
Rooms Total: 7
Utilities: Electric,Public Water
Window: Window Treatment All


School Information
High School: Arnold
Middle School: Surfside
Elementary School: Patronis


Mortgage Information


Home Price:
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Agency/Agent Information
Shown By:
  Agency Name: Hardcastle Realty
  Agency Phone: 330-426-6600

Listed By
   The Premier Property Group Seacrest Office

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 1:10:26 PM EST) or MLS NOW (last updated Wed 06/03/2026 1:07:57 PM EST). Real estate listings held by brokerage firms other than Hardcastle Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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