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Home For Sale
5518 Gulf Dr
Panama City Beach, Florida 32408
Bay CountyCommunity: GULF LAGOON BEACH
$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
Contact Information:
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.
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

