Address
5403 Gulf Drive, Panama City, FL
Price
$ 1,820,000
Property Attributes
- MLS#778820
- TypeLand
- Listing Status Active Under Contract
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodGulf Lagoon Beach
- Zip32408
- Style
- Taxes$ 10695
- Price$ 1,820,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.29 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS A rare chance to own prime Gulf-front property in one of the most desirable stretches of Panama City Beach. This cleared 0.29-acre parcel sits directly beside from public beach access #7, offering unmatched visibility, walkability, and development potential. Zoned mixed-use, the property allows for a wide range of possibilities. With no HOA restrictions, public utilities near by, and paved road access, it's a straightforward site to bring your vision to life. Whether you're a developer, investor, or visionary builder and want to bring your dream home to life, 5403 Gulf Drive is your chance to create something extraordinary on Florida's Emerald Coast.
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 9/11/2025 | Listed $1,850,000 |
| 2/13/2026 | 1$1,840,000 |
| 6/10/2026 | 1$1,830,000 |
| 7/10/2026 | 1$1,820,000 |
General Features
| Utilities | Sewer Available |
|---|---|
| Property Subtype | Unimproved Land |
| Tax Year | 2024 |
| County | Bay |
| Property Type | Land |
| HOA | false |
| Subdivision Name | Gulf Lagoon Beach |
| Status | Active Under Contract |
| Directions | From St. Andrews State Park, head west along Thomas Drive until you reach Hurt Street, then turn left that road leads directly to Gulf drive and run into the lot. |
| High School | Arnold |
| City | Panama City |
| Disclosures | Accepting Backup Offers |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 12458 |
| Elementary School | Patronis |
| Tax Annual Amount | 10695 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0323 - Beach - South of Grand Lagoon |
| Standard Status | Pending |
| Property Sub Type Additional | Residential,Unimproved Land |
| Waterfront Features | Gulf |
| View | Gulf |
Exterior Features
| Lot Size Area | 0.29 |
|---|---|
| Lot Dimensions | 50x250 |
| Lot Size Acres | 0.29 |
| Waterfront Y/N | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 32408
Price
Taxes
Emerald Coast Association of REALTORS®, Inc. 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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.
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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
