5115 Gulf Drive, Unit 507

Panama City, FL 32408

$450,000
Price
1
Beds
2
Baths
883 Sq. Ft.
$510 / Sq. Ft.
883
Sq. Ft.
$510
per Sq. Ft.

Description

Here's your front-row seat to 200 feet of pristine white sand and the Gulf of Mexico at Seychelles, tucked away on Panama City Beach's quieter east end. The desirable 5th-floor location is favored by vacationers for its perfect balance--low enough for quick access to the beach and amenities without waiting for the elevator, yet high enough to offer privacy and stunning views. This 1BR/2BA condo with a master suite and bunks comfortably sleeps six. The space is bright and airy, featuring 9' ceilings,...Here's your front-row seat to 200 feet of pristine white sand and the Gulf of Mexico at Seychelles, tucked away on Panama City Beach's quieter east end. The desirable 5th-floor location is favored by vacationers for its perfect balance--low enough for quick access to the beach and amenities without waiting for the elevator, yet high enough to offer privacy and stunning views. This 1BR/2BA condo with a master suite and bunks comfortably sleeps six. The space is bright and airy, featuring 9' ceilings, 8' glass doors leading to the balcony, and tile flooring throughout for effortless maintenance. Enjoy sweeping views of Panama City Beach's iconic sugar-white sands and emerald waters from the spacious balcony or living area. The kitchen boasts stainless steel appliances, solid surface counters, and solid wood cabinets, while both bathrooms showcase elegant marble vanities. Seychelles' resort amenities are exceptional: two Gulf-front pools (one heated seasonally), a hot tub, dune walkover, fully-equipped fitness center, community room, high-speed elevators, and secure, gated parking in a covered garage--all surrounded by lush tropical landscaping. Located just steps from Schooners and minutes from St. Andrews State Park, golf, marinas, shopping, dining, and entertainment, this condo is perfectly positioned for both relaxation and adventure. The inclusive HOA covers utilities - electricity, WiFi, cable, water, and sewage - making ownership worry-free. Whether as a vacation home or a short-term rental, this condo is the perfect gateway to the best of Panama City Beach. Don't miss your chance to own this beachfront paradise!
  1. Listed by Duran Group • Berkshire Hathaway HomeServices Beach Properties of Florida

Property Details for 5115 Gulf Drive, Unit 507

Architectural Style
High Rise
Waterfront
Yes
Waterfront Features
Gulf, Waterfront
Subdivision Name
Seychelles Resort Condominium
LISTING UPDATED: 11/12/2024 01:19 PM

Property Details for 5115 Gulf Drive, Unit 507

StatusActive
MLS #764763
Days on Market13
Taxes$3,606 / year
HOA Fees$2,575 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built2006
CountyBay County

Building Information for 5115 Gulf Drive, Unit 507

Building/Complex5115 Gulf DrFloor5Stories-Residences-Pet Policy-Year Built2006

Property Information for 5115 Gulf Drive, Unit 507

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: Take Thomas Drive heading east to Hull, take a right on Hull, Seychelles in on the right next to Schooners Restaurant.
  • Postal Code: 32408
  • Latitude: 30.140625
  • Longitude: -85.75423
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 31437-400-042
  • Association Fee: $2,575.00
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Association Management, Electricity, Sewer, Trash, Water
  • Association: Yes
  • Tax Annual Amount: $3,606.00
  • Tax Legal Description: SEYCHELLES RESORT CONDOMINIUM UNIT 507 TYPE B ORB 2764 P 1643 1BR/BUNK/2BA ORB 3402 P 372 883 SQ.FT
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
Property
Lot Information
  • Lot Features: Waterfront
  • Lot Size Dimensions: Condo
  • Living Area: 883.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 2006
  • Human Modified: No
Utilities
  • Utilities: Electricity Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Pool Features: Community
  • Community Features: Barbecue, Beach, Clubhouse, Fitness Center, Pool, Short Term Rental Allowed, Waterfront
  • Construction Materials: Concrete
  • Patio And Porch Features: Balcony
Interior Features
  • Entry Level: 5
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 1
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Electric
  • Heating: Yes
  • Heating: Electric
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
  • Interior Features: Breakfast Bar, Recessed Lighting
Room Information
Room 1
  • Room Area: 132.0
  • Room Dimensions: 12 x 11
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 11.0
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 5115 Gulf Drive, Unit 507

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5115 Gulf Drive, Unit 507

Taxable ValueLand-Additions$379,100Total-
Tax Record2023$3,606 ($300 / month)
Home Facts
Beds1Total Finished SqFt883 SqFtAbove Grade Finished SqFt883 SqFtStyleCondominiumYear Built2006CountyBAYAPN31437-400-042

Schools near 5115 Gulf Drive, Unit 507

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Patronis Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5115 Gulf Drive, Unit 507 is a condo for sale in Panama City, FL 32408. This property was listed for sale on November 6, 2024 by Berkshire Hathaway HomeServices Beach Properties of Florida, it's currently listed at $450,000. It has been on the market for a total of 13 days and was last sold on May 4, 2007. This listing's school district is Bay. Nearby schools include Patronis Elementary School, Surfside Middle School and J.R. Arnold High School. 5115 Gulf Drive, Unit 507 is a 1-bed, 2-bath, 883 sqft condo built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.