About This Home

This 4-bedroom, 4-bathroom single family at 5500 Gulf Drive in Panama City, FL is listed for $1,499,000 ($621 per sqft). Built in 2018, the home offers 2,414 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 2018
  • 0.13 acre lot
  • 2 stories
  • Private pool

Property Details

2 stories
3 full, 1 half
2018

Amenities

PoolA/C
Listing Description

First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason.

Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom.

Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold furnished. Its sister property, identical in layout, 2 doors down is listed for sale as well.

Monthly Cost Estimate

$8,017/mo

20% down · 6.5% · 30 years

Principal$1,084
Interest$6,496
Insurance$437

Estimates only. Actual payments may vary.

Location

5500 Gulf Drive

Panama City, FL 32408

Gulf Lagoon Beach

Features & Amenities

Interior Features

BalconyDoubleVanityInteriorStepsMainLevelPrimarySeparateShowerWalkInClosets

Exterior Features

CoveredPatioDeck

Property Details

Pool Features

Pool

Outdoor Features

PorchDeckPatio

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Questions & Answers

This 4-bedroom, 4-bathroom single family at 5500 Gulf Drive is listed at $1,499,000 ($621/sqft). The estimated monthly payment is $8,017 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2018, 0.13 acre lot, 2 stories, Private pool. Interior Features: Balcony, DoubleVanity, InteriorSteps. Exterior Features: CoveredPatio, Deck.

This property is listed by Tracy Rudder.

TR

Tracy Rudder

License 3257851

Agent at Counts Real Estate Group Inc

Listed by Counts Real Estate Group Inc · Broker phone: (850) 249-3615 · View on Broker Site · Broker website

MLS# 794028· Source: Central Panhandle Association of REALTORS· 75 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5500 Gulf Drive, Panama City, FL 32408

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