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5500 Gulf Drive, Panama City, FL 32408

Panama City
Local realty services provided by:CENTURY 21 First Story Real Estate
5500 Gulf Drive,Panama City, FL 32408
$1,499,000
  • 4 Beds
  • 4 Baths
  • 2,414 sq. ft.
  • Single family
  • Active
Listed by: tracy rudder, carl e allen
Office: counts real estate group inc
MLS#:794028
Source:FL_BCMLS

Price summary

  • Price:$1,499,000
  • Price per sq. ft.:$620.96

About this home

First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold...

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Home facts

  • Year built:2018
  • Subdivision & Development:Gulf Lagoon Beach
  • Listing ID #:794028
  • Added:72 day(s) ago
  • Updated:October 25, 2026 at 02:50 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Rooms Total:7
  • Living area:2,414 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:2018
  • Building area:2,414 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Coastal
  • Exterior Features:Balcony, Deck, Porch
  • Levels:2 Story

Schools

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

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,499,000
  • Price per sq. ft.:$620.96
  • Tax amount:$10,562 (2025)

Features and amenities

  • Amenities:SmokeDetectors
  • Pool features:InGround, Private
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 First Story Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 First Story Real Estate, 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. FL_BCMLS Member Broker: Debbie Kirkand

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