5409 Gulf Drive, Panama City, FL 32408 (MLS# 784135)

Homestead: No

HOA Fee: No

Senior Community: No

New Buyer Fee: No

Last Taxes: 23043

Last Tax Year: 2025

Brokerage Interest: Owner Outside Licensee - Owner is a licensed real estate broker or salesperson.

List Price/SqFt: 989.64

Status: Active

List Date: 2026-01-24

List Price: $4,490,000

Current Price: $4,490,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: Yes

Gulf Access: Yes

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: From the Hathaway bridge take Thomas Drive west , Then turn left onto Gulf drive. The home is on the Gulf at 5409.

Area: 03 - Bay County - Beach

Street #: 5409

Street Name: Gulf

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: [No Recorded Subdiv]

Parcel ID: 32285-000-000

Legal Description: GULF LAGOON BEACH LOT 4 BLK 6 ORB 3979 P 618

Acreage: 0.29

Design: Beach House

Lot Size (SqFt): 12458

Apx SqFt(Htd/Cooled): 4537

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Balcony SqFt: 510

# of Stories in Building: 3

Pre-Const Flip: No

Lot Dimensions: 50x250

New Construction: No

Garage Y/N: No

Beach Frontage: 50

Pool: Yes

Pool Type: Private

Sub-Type: Detached Single Family

Bedrooms: 9

Full Baths: 7

Total Baths: 7

Year Built: 2015

Remarks: ''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2026! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!

First: 1

Second: 1

Fenced: 1

Gunite Concrete: 1

Heated - Electric: 1

Inground: 1

Cooktop - Electric: 1

Dishwasher: 1

Microwave: 1

Oven - Convection: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Washer/Dryer Stacked: 1

Water Heater - Electric: 1

Foundation - On Piling: 1

Roof - Metal: 1

Siding - Hardie Board: 1

Trim - Hardie Board: 1

Balcony: 1

Deck Covered: 1

Deck Open: 1

Double Pane Windows: 1

Shower: 1

Patio Covered: 1

Patio Open: 1

Storm Windows: 1

Shore - Beach: 1

Waterfront Feet: 50

Cash: 1

Conventional: 1

Furnished: 1

First: 1

First: 1

Waterfront: 1

City Street: 1

Driveway: 1

MBath Double Vanity: 1

MBath Separate Shwr: 1

MBath Walk-In Closet: 1

MBed Balcony: 1

MBed Waterfront: 1

County: 1

Resid Single Family: 1

Bedroom: 1

Dining Room: 1

Family Room: 1

Kitchen: 1

Living Room: 1

TV Cable: 1

Electricity - Connected: 1

Electric 220/240: 1

Internet - Fiber Optic: 1

Lift Station: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

Accessible Bedroom: 1

Accessible Central Living Area: 1

Accessible Closets: 1

Accessible Common Area: 1

Accessible Full Bath: 1

Accessible Kitchen: 1

Accessible Kitchen Appliances: 1

As Is: 1

Gulf: 1

First: 1

Second: 1

Central Air: 1

Central: 1

Fire Alarm: 1