Gulf views, directly across from the beach AND beach

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Home For Sale

5518 Gulf Dr

Panama City Beach, Florida 32408

Bay County

Community: GULF LAGOON BEACH

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$1,599,000 4 br, 4.0 bath 2414 sq. ft. 0.000 acres

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!

Interior:
  • Bedrooms: 4
  • Baths: 4.0
  • Sq Ft: 2414
  • Year Built: 2019
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Central
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Siding CmntFbrHrdBrd
  • Roof: 
  • Property Taxes: $12,942
  • MLS #: 999040
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Contact Information:
Beach Home For Sale in Panama City Beach, Florida
Listing Agent: Tami Moats, The Premier Property Group, LLC, 850-381-6423, 850-213-5000 Listing Site, Listing Status: Active
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7482043
Viewed 30 times.
Updated: Apr 02, 2026

This property is a Home located at 5518 Gulf Dr, Panama City Beach, Florida 32408, and is currently For Sale at $1,599,000. This Home has 4 bedrooms, 4.0 baths, 2414 sq ft.