5203 Gulf Drive, Panama City Beach, FL 32408 (MLS# 769972)

HOA Fee: No

New Buyer Fee: No

Last Taxes: 12883

Last Tax Year: 2024

Brokerage Interest: No Interest

As Is: Yes

List Price/SqFt: 993.38

Status: Sold

List Date: 2025-03-05

List Price: $2,100,000

Current Price: $1,705,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: Yes

Gulf Access: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: 5203 Gulf Dr. Gulf Dr. runs parallel to Thomas Dr on the East end of Thomas Dr. This home is located just West of Schooners Restaurant.

Area: 03 - Bay County - Beach

Street #: 5203

Street Name: Gulf

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Gulf Lagoon Beach

Parcel ID: 32272-000-000

Legal Description: GULF LAGOON BEACH LOT 2 BLK 4 ORB 4118 P 2257

Acreage: 0.29

Design: Beach House

Lot Size (SqFt): 12500

Apx SqFt(Htd/Cooled): 2114

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: An Appraiser

# of Stories in Building: 1

Lot Dimensions: 50 x 250

New Construction: No

Garage Y/N: Yes

Garage Spaces: 1

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 1966

Remarks: ***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS***Rooney's Beach House. This beach house has been entertaining families on Panama City Beach for years. The house comes in at just over 2,144 sq.ft. of living area according to the appraisal and features 3-bedrooms and 2-baths. (there is plenty of unused space that could easily become the 4th. bedroom and even a 3rd. bathroom with very little remodeling needed. This beach house overlooks the sparkling white sand and the crystal clear waters of the Gulf. The living area boasts an open floor plan to take advantage of the wonderful views. The kitchen, dining area, and family room all look out over the beach view. The oversized kitchen has plenty of counter space and cabinets. A large kitchen island offers more prep and storage space. The house currently has sleeping arrangements for 8 and as indicated in the remarks earlier there is plenty of room to put in an additional bedroom or bunkroom. A new roof and air conditioner in the past year should give you years of worry free living. There is a large covered deck area as well as a large open deck area, all looking out over the World's Most Beautiful Beaches. There is covered parking in both the garage and carport as well as extra parking in the driveway. Both the garage and carport are large enough to hold a golf cart. A workshop and storage area are also in the garage. Location, location, location. You are in walking distance to St. Andrews State Park as well as most of the area's marinas with their fishing, diving, and sightseeing fleets. The world famous Schooners Beach Restaurant is just a couple hundred yards away. Whether you are buying for investment or for family use our area has lots to offer our residents and visitors. Imagine sitting on your back deck sipping a cool beverage, watching the kids building a sandcastle and watching those magical sunsets. Life is good.

Sold Price/SqFt: 806.53

Sold Price/Acre: 5879310.34

Under Contract Date: 2025-10-22

Sold Date: 2025-12-01

Sold Price: $1,705,000

First: 1

First: 1

First: 1

First: 1

First: 1

Cooktop - Electric: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Range Hood: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Ceiling - Beamed: 1

Ceiling - Cathedral: 1

Ceiling - Vaulted: 1

Fireplace: 1

Floor - Hardwood: 1

Kitchen Island: 1

Lighting - Recessed: 1

Lighting - Track: 1

Security System: 1

Split Bedroom: 1

Window - Treatment All: 1

Foundation - On Piling: 1

Wood/Frame: 1

Roof - Composite Shngl: 1

Siding - Wood: 1

Deck Covered: 1

Deck Open: 1

Shore - Beach: 1

Shore - Natural: 1

Waterfront Feet: 50

Cash: 1

Conventional: 1

VA: 1

Partially: 1

Floor - Carpet: 1

First: 1

Waterfront: 1

County Road: 1

Paved Road: 1

Carport Attached: 1

Driveway: 1

Garage Attached: 1

Garage Door Opener: 1

MBath Separate Shwr: 1

MBath Whirlpool: 1

MBed Walk-in Closet: 1

Bedroom: 1

Dining Room: 1

Family Room: 1

Full Bathroom: 1

Garage: 1

Kitchen: 1

Master Bathroom: 1

Master Bedroom: 1

Utility Room: 1

Cable - Available: 1

Electricity - Connected: 1

Garbage: 1

Public Water - Connected: 1

Septic Tank: 1

As Is: 1

First: 1

Gulf: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Fireplace - Gas: 1

Fire Alarm: 1

Security System Owned: 1