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5903 Gulf Drive, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:CENTURY 21 Wimco Realty, Inc.
5903 Gulf Drive,Panama City Beach, FL 32408
$1,899,000
  • 3 Beds
  • 2 Baths
  • 1,296 sq. ft.
  • Single family
  • Active
Listed by: jacquelyn e gore
Office: simplihom
MLS#:997069
Source:FL_ECAR

Price summary

  • Price:$1,899,000
  • Price per sq. ft.:$1,465.28

About this home

Gulf Front | Rare Deeded Land to the Water's Edge | No HOA! Welcome to The Palapa House, a Gulf-front residence positioned directly on the sugar-white sands of the Gulf of America, with deeded ownership extending to the water's edge. Fewer than 7% of Gulf-front parcels in Panama City Beach offer this level of private beachfront ownership, making opportunities like this exceptionally rare. Originally designed by the architects of Regency Towers, the home is positioned farther onto the beach than neighboring properties, ensuring unobstructed panoramic Gulf views to the east and west. Step from your back door onto your private stretch of beach or relax beneath the city-approved private Palapa, made possible by the extended property lines reaching the water's edge. The palapa's thatched roof was replaced in Fall 2025. The upstairs Gulf-front balcony is accessed from the main family room and offers sweeping sunrise & sunset views. On the lower level, a beachside deck is accessible from the...

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Home facts

  • Year built:1982
  • Subdivision & Development:GULF LAGOON BEACH
  • Listing ID #:997069
  • Added:147 day(s) ago
  • Updated:July 31, 2026 at 02:56 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator/Icemaker, Stove Top, Stove/Oven Electric
  • Living area:1,296 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1982
  • Building area:1,296 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Dead End
  • Architectural Style:Beach House
  • Exterior Features:Balcony, Shower
  • Foundation Description:Foundation On Piling

Schools

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

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$1,899,000
  • Price per sq. ft.:$1,465.28
  • Tax amount:$8,599 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator w/Ice Maker, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Breakfast Bar
The information being provided by Emerald Coast 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 Emerald Coast Association Of REALTORS®. CENTURY 21 Wimco Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Wimco Realty, Inc., a broker participant of Emerald Coast 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 Emerald Coast 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 Emerald Coast Association Of REALTORS®. All rights reserved. FL_ECAR Member Broker: Charles Wimberly Jr

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