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About This Home

This 4-bedroom, 4-bathroom single family at 5518 Gulf Drive in Panama City Beach, FL is listed for $1,599,000 ($662 per sqft). Built in 2019, the home offers 2,414 sqft of living space on a N/A lot.

Agent Description

Gulf views, directly across from the beach AND beach access--5518 Gulf Drive offers the ideal blend of location, space, and flexibility, making it ideal as second home rental investment, with the benefit of no HOA. Situated on a large corner lot on the east end of Panama City Beach, this home is designed with both comfort and functionality in mind.

Newer construction and featuring a spacious living and kitchen area that opens to a private pool and a large patio with both covered and uncovered spaces--perfectly blending indoor and outdoor living for easy gathering and entertaining.The thoughtful layout includes two primary suites, along with two additional bedrooms with en suite baths, and 2 sets of full bunks - enhancing it's versatility to host large groups without sacrificing privacy.

The private pool makes this a true vacation-style setting, while the front porch and expansive second-floor deck offer additional outdoor living spaces to enjoy Gulf views and coastal breezes. The corner lot provides ample parking--a rare and valuable feature this close to the beach. With short-term rentals allowed, a highly functional floor plan, and a location just moments from the sand, this property presents an exceptional opportunity to own your piece of paradise at the beach!

Key Features

  • Built in 2019
  • 2 stories

Property Details

2 stories
3 full, 1 half
2019

Amenities

A/C

Monthly Cost Estimate

$8,552/mo

20% down · 6.5% · 30 years

Principal$1,156
Interest$6,929
Insurance$466

Estimates only. Actual payments may vary.

Location

5518 Gulf Drive

Panama City Beach, FL 32408

GULF LAGOON BEACH

Features & Amenities

Interior Features

Kitchen IslandOwner's ClosetPantry

Exterior Features

BalconyBBQ Pit/GrillShowerSprinkler System

Property Details

Flooring

TileVinyl

Construction

Siding CmntFbrHrdBrd

Pool Features

DeckPatioPorch

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasher

Questions & Answers

This 4-bedroom, 4-bathroom single family at 5518 Gulf Drive is listed at $1,599,000 ($662/sqft). The estimated monthly payment is $6,929 based on 20% down at 6.5% interest.

Key features include: Built in 2019, 2 stories. Interior Features: Kitchen Island, Owner's Closet, Pantry. Exterior Features: Balcony, BBQ Pit/Grill, Shower.

This property is listed by Tami Moats and can be reached at 8503816423 or tami@30abeachhomesforsale.com.

TM

Tami Moats

Agent at The Premier Property Group Seacrest Office

(850) 381-6423

Listed by The Premier Property Group Seacrest Office · View on Broker Site

MLS# 999040· Source: listhub· Updated 66 days ago

Copyright © 2026 Emerald Coast 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.

5518 Gulf Drive, Panama City Beach, FL 32408

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