5403 Gulf Drive

Panama City Beach, FL 32408

$2,100,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

Developer Dream - zoned commercial and residential - this property can be multi-developed into commercial business on the ground floor (Right beside beach access #7) and rental property on 2nd and 3rd floors. With no HOA and constant foot traffic - this is the money-making machine!Developer Dream - zoned commercial and residential - this property can be multi-developed into commercial business on the ground floor (Right beside beach access #7) and rental property on 2nd and 3rd floors. With no HOA and constant foot traffic - this is the money-making machine!
  1. Listed by Erich R Hardy • Think Real Estate

Property Details for 5403 Gulf Drive

Waterfront
Yes
Waterfront Features
Gulf, Shoreline Sand
Subdivision Name
Gulf Lagoon Beach
View
Gulf
Zoning Description
Commercial,Resid Multi-Family
View
Yes
LISTING UPDATED: 08/23/2024 10:12 AM

Property Details for 5403 Gulf Drive

StatusActive
MLS #761336
Days on Market102
Taxes$9,978 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Land / Unimproved Land
Year Built-
Lot Size0.29 AC
CountyBay County

Building Information for 5403 Gulf Drive

Building Size-Lot Size0.29 AC

Property Information for 5403 Gulf Drive

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Take Thomas Drive along the Gulf of Mexico and turn south (toward the water) on Hurt Street. Drive straight into parking area for lot. Lot is fenced off and is beside Beach Access #7.
  • Postal Code: 32408
  • Latitude: 30.142771
  • Longitude: -85.756814
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 32282-000-000
  • Association: No
  • Tax Annual Amount: $9,978.00
  • Tax Legal Description: GULF LAGOON BEACH LOT 1 BLK 6 ORB 4073 P 2133
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Property
Lot Information
  • Lot Size Acres: 0.29
  • Lot Size Dimensions: 50' Wide X 250' Deep
  • Lot Size Square Feet: 12458.0
  • Frontage Length: 50 feet
Property and Assessments
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced

Property History for 5403 Gulf Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5403 Gulf Drive

Taxable ValueLand$1,068,375Additions$851Total$1,069,226
Tax Record2023$9,978 ($832 / month)
Home Facts
Beds4Total Finished SqFt3,326 SqFtAbove Grade Finished SqFt3,326 SqFtStories1Lot Size12,458 SqFtStyleResidentialYear Built1970ZoningBC23CountyBAYAPN32282-000-000Fireplace TypeHas Fireplace

Schools near 5403 Gulf Drive

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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5403 Gulf Drive is a single family home for sale in Panama City Beach, FL 32408. This property was listed for sale on August 14, 2024 by Think Real Estate, it's currently listed at $2,100,000. It has been on the market for a total of 102 days and was last sold on December 28, 2018. This listing's school district is Bay. Nearby schools include Patronis Elementary School, Surfside Middle School and J.R. Arnold High School. 5403 Gulf Drive is a 0-bed, 0-bath, single family home.

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 Think Real Estate

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