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5012 Gulf Drive #1,2,3,4, Panama City Beach, FL 32408

Local realty services provided by:CENTURY 21 Ryan Realty
5012 Gulf Drive #1,2,3,4,Panama City Beach, FL 32408
$1,840,000
  • 10 Beds
  • 8 Baths
  • 3,500 sq. ft.
  • Multi-family
  • Active
Listed by: kerry j jackson
Office: lpt realty llc.
MLS#:783708
Source:FL_BCMLS

Price summary

  • Price:$1,840,000
  • Price per sq. ft.:$525.71

About this home

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 an 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 2 bedroom 2 bath units of approximately 815 square feet. The property includes a shared community pool. There is no HOA and short term rentals are allowed. The entire complex is being offered fully

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Home facts

  • Year built:1973
  • Listing ID #:783708
  • Added:1 day(s) ago
  • Updated:January 15, 2026 at 04:34 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:3,500 sq. ft.

Heating and cooling

  • Cooling:CentralAir
  • Heating:Central, Electric

Structure and exterior

  • Year built:1973
  • Building area:3,500 sq. ft.
  • Lot area:0.13 Acres

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Patronis

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,840,000
  • Price per sq. ft.:$525.71
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. CENTURY 21 Ryan Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Ryan Realty, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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