Skip To Content

5416 Gulf Drive

Panama City Beach, FL 32408
  • $1,197,500
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 789061
UPDATED: 20 min ago
$1,197,500
  • 4
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,453
    SQFT
  • $488
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2006
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Luxury Gulf-View STR Investment Retreat with a Private Pool & 20 steps to Beach access. Opportunities this close to the Gulf with this level of walkability, capacity, and rental appeal are limited. Prime Location. High STR Demand. Direct Gulf access with Private Pool. Investment-Grade Coastal Living. This is as close as you get to having the BEST of the BEST compared to any other. This exceptional 4BR/3.5BA Gulf-View coastal retreat offers a rare blend of refined beach living and high-performing investment potential--just 20 steps from the sugar-white sands and emerald waters of the Gulf. Welcome to a luxury property designed for those who expect more: Privacy, Proximity, and more return on lifestyle and short-term rental investment income potential. What truly sets this property apart is its rare proximity to the sandy Beaches--guests can step out the door and be on the beach in seconds. Combined with panoramic Gulf views, outdoor dining spaces, and a highly desirable layout, this home consistently checks the boxes that will drive higher nightly rates, strong occupancy, and repeat bookings. - Perfect vacation rental appeal with accommodations for up to 12 guests comfortably. - 20 Steps away from beach access (#8) with direct Gulf Views - Private pool with LED lighting at night (seasonally heated) - Walkable to beachfront dining including Schooner's beachfront Restaurant. - Minutes to St. Andrews State Park, Shell Island excursions, incredible dining, entertainment & all that Panama City Beach and 30a has to offer. - Strong appeal for short-term rental investors, second-home buyers, or luxury vacation ownership - Parking for up to 4 vehicles Designed for comfort, scale, and seamless indoor-outdoor living, this three-level home offers multiple entertaining zones, private retreats, and elevated Gulf-facing outdoor spaces. FIRST FLOOR: Entertain & Unwind A spacious open-concept layout anchors the home, featuring a large living area, dining space, and a fully equipped kitchen designed for hosting and comfort Ground-floor bedroom suite with private pool access. Full bath with dual access (guest + ensuite). Expansive laundry room with owner lockout storage. Direct access to private fenced pool, grilling, and lounge area. SECOND FLOOR: Elevated Comfort Primary Suite with king bed, Gulf-facing balcony, dual walk-in closets, a large ensuite bath with a spa-inspired jacuzzi bath featuring soaking tub, and separate walk-in tiled shower. Additional guest bedroom with bunk configuration (ideal for maximizing occupancy and rental revenue), full ensuite bath with abundant storage throughout. THIRD FLOOR: Premium Experience Level A standout feature for both lifestyle buyers and rental performance: Oversized 3 bunk suite + sleeper sofa. A mini wet bar and a mini fridge for convenience and entertaining. Expansive Gulf-View Terrace designed for sunset dining and elevated outdoor living. This upper-level balcony delivers the ''million-dollar view'' experience--panoramic Gulf vistas, coastal breezes, and unforgettable sunset exposures that will drive both guest satisfaction and repeat bookings. Morning coffee with ocean air. Afternoons by the pool or on the sandy Beach. Evenings defined by Gulf-Front sunsets painted in vivid coastal hues. This is more than a home--it's a fully immersive coastal asset designed to generate both memories and measurable returns.

Monthly Payment Calculator



© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosemary Beach Realty, LLC. Data last updated: 2026-05-10T17:04:20.73.
www.rosemarybeachrealty.com/homes/175894277
Print Image

5416 Gulf Drive Panama City Beach, FL 32408

  • Price: $1,197,500
  • Status: Active
  • On Site: 11 Days
  • Updated: 20 min ago
  • MLS #: 789061
4
Beds
3
Baths
1
½ Baths
0.07
Acres
2,453
SQFT
$488
$/SQFT
2006
Built
Neighborhood:
Gulf Lagoon Beach
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
Luxury Gulf-View STR Investment Retreat with a Private Pool & 20 steps to Beach access. Opportunities this close to the Gulf with this level of walkability, capacity, and rental appeal are limited. Prime Location. High STR Demand. Direct Gulf access with Private Pool. Investment-Grade Coastal Living. This is as close as you get to having the BEST of the BEST compared to any other. This exceptional 4BR/3.5BA Gulf-View coastal retreat offers a rare blend of refined beach living and high-performing investment potential--just 20 steps from the sugar-white sands and emerald waters of the Gulf. Welcome to a luxury property designed for those who expect more: Privacy, Proximity, and more return on lifestyle and short-term rental investment income potential. What truly sets this property apart is its rare proximity to the sandy Beaches--guests can step out the door and be on the beach in seconds. Combined with panoramic Gulf views, outdoor dining spaces, and a highly desirable layout, this home consistently checks the boxes that will drive higher nightly rates, strong occupancy, and repeat bookings. - Perfect vacation rental appeal with accommodations for up to 12 guests comfortably. - 20 Steps away from beach access (#8) with direct Gulf Views - Private pool with LED lighting at night (seasonally heated) - Walkable to beachfront dining including Schooner's beachfront Restaurant. - Minutes to St. Andrews State Park, Shell Island excursions, incredible dining, entertainment & all that Panama City Beach and 30a has to offer. - Strong appeal for short-term rental investors, second-home buyers, or luxury vacation ownership - Parking for up to 4 vehicles Designed for comfort, scale, and seamless indoor-outdoor living, this three-level home offers multiple entertaining zones, private retreats, and elevated Gulf-facing outdoor spaces. FIRST FLOOR: Entertain & Unwind A spacious open-concept layout anchors the home, featuring a large living area, dining space, and a fully equipped kitchen designed for hosting and comfort Ground-floor bedroom suite with private pool access. Full bath with dual access (guest + ensuite). Expansive laundry room with owner lockout storage. Direct access to private fenced pool, grilling, and lounge area. SECOND FLOOR: Elevated Comfort Primary Suite with king bed, Gulf-facing balcony, dual walk-in closets, a large ensuite bath with a spa-inspired jacuzzi bath featuring soaking tub, and separate walk-in tiled shower. Additional guest bedroom with bunk configuration (ideal for maximizing occupancy and rental revenue), full ensuite bath with abundant storage throughout. THIRD FLOOR: Premium Experience Level A standout feature for both lifestyle buyers and rental performance: Oversized 3 bunk suite + sleeper sofa. A mini wet bar and a mini fridge for convenience and entertaining. Expansive Gulf-View Terrace designed for sunset dining and elevated outdoor living. This upper-level balcony delivers the ''million-dollar view'' experience--panoramic Gulf vistas, coastal breezes, and unforgettable sunset exposures that will drive both guest satisfaction and repeat bookings. Morning coffee with ocean air. Afternoons by the pool or on the sandy Beach. Evenings defined by Gulf-Front sunsets painted in vivid coastal hues. This is more than a home--it's a fully immersive coastal asset designed to generate both memories and measurable returns.
Exterior Features

Architectural Style Coastal Construction Materials Hardi Plank Type Exterior Features Deck Fencing Fenced Garage YN No Levels Three Or More Patio And Porch Features Balcony Deck Open Porch Pool Features Fenced Electric Heat In Ground Private Pool Private YN Yes Stories 3 View Gulf Other View YN Yes

Interior Features

Appliances Electric Oven Electric Range Ice Maker Cooling Central Air Multi Units Cooling YN Yes Fireplace Features Gas Fireplace YN Yes Heating Fireplace(s) Heating YN Yes Rooms Bedroom (Third Level) Full Bath (Second Level) Bedroom (Second Level) Primary Bathroom (Second Level) Primary Bedroom (Second Level) Kitchen (First Level) Great Room (First Level) Laundry (First Level) Full Bath (First Level) Primary Bedroom (First Level) Units Furnished All Units

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 115 X25 New Construction YN No Occupant Type Tenant Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Security Features Security System Fire Alarm Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 9290.77 Tax Year 2025 Utilities Electricity Available Waterfront Features Shoreline - Sand Waterfront YN No Zoning Description Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of CENTURY 21 Ryan Realty Inc: 850-233-7926. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosemary Beach Realty, LLC. Data last updated: 2026-05-10T17:04:20.73.
 
https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_3_789061-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_3_789061-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_3_789061-2.jpg
Logo
Rosemary Beach Realty, LLC
78C N. Barrett Square
Inlet Beach FL, 32461