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5115 Gulf Drive #404, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:CENTURY 21 Beggins Enterprises
5115 Gulf Drive #404,Panama City Beach, FL 32408
$385,000
  • 1 Beds
  • 2 Baths
  • 883 sq. ft.
  • Condominium
  • Pending
Listed by: craig duran
Office: berkshire hathaway homeservices beach properties of florida
MLS#:789478
Source:FL_BCMLS

Price summary

  • Price:$385,000
  • Price per sq. ft.:$436.01
  • Monthly HOA dues:$790.67

About this home

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. There is no other gulf-front building in Panama City Beach where your electric bill is zero. Seychelles is it. Unit 404 sits on the fourth floor with a direct gulf view. One bedroom, two full baths, and hallway bunks that sleep the whole group. Fully furnished and move-in ready. Here's what makes Seychelles different from every other building on this beach: electricity is included in the HOA fee. Not water. Not trash. Electric. That means no summer AC bill, no winter heating bill, no utility surprise -- ever. For a vacation home owner, that's simplicity. For an investor running short-term rentals, that's a cost structure no comparable can match. The unit was completely refreshed in 2024 -- new furniture, new mattresses, new ceiling fans, fresh paint throughout, new dishwasher, new washer and dryer. It's in excellent showing condition and produced $32,000 in rental income in 2025 with the existing management program...

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Home facts

  • Year built:2006
  • Listing ID #:789478
  • Added:80 day(s) ago
  • Updated:July 26, 2026 at 07:36 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:1
  • Kitchen Description:Electric Oven, Electric Range, Electric Water Heater
  • Living area:883 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:2006
  • Building area:883 sq. ft.
  • Architectural Style:High Rise
  • Construction Materials:Concrete
  • Exterior Features:Balcony

Schools

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

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$385,000
  • Price per sq. ft.:$436.01
  • Tax amount:$4,023 (2025)

Features and amenities

  • Amenities:ElectricOven, ElectricRange, ElectricWaterHeater
  • Pool features:Community
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 Beggins Enterprises is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Beggins Enterprises, 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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