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5309 Gulf Drive

Panama City Beach, FL 32408
  • $2,895,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 785010
UPDATED: 14 min ago
$2,895,000
  • 4
    BEDS
  • 0.29
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,786
    SQFT
  • $1,621
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1997
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Charming coastal retreat with timeless beach-house appeal, ideally located on the highly sought-after east end of Panama City Beach. This beautifully renovated 4-bedroom, 2.5-bath Gulf-front home sits on an expansive 50' x 250' lot and offers stunning Gulf views from most rooms, including the primary suite, secondary bedrooms, living room, and kitchen — plus more than 2,000 square feet of balconies and decks designed to soak in the scenery. The elevated design features a spacious lower level with dual garage bays, providing generous space for parking, storage, beach gear, and all your outdoor toys. Just beyond, the covered ground-level entertaining area is built for relaxation, complete with ample seating and swing seating — perfect for game days, gatherings with friends, or unwinding while enjoying the Gulf breeze and open views. Inside, a full renovation showcases exceptional craftsmanship and high-end designer finishes throughout. The kitchen and bathrooms feature Italian Carrara marble, Viking appliances, Kohler and Newport Brass fixtures, Ann Sacks and Aguayo tile, and custom details at every turn. The living area and kitchen are accented by stunning 200-year-old hand-hewn salvaged beams, blending historic character with modern coastal luxury. Smart home technology includes Control4 lighting and automation, security cameras, and integrated flat-screen TVs. Major upgrades provide peace of mind and efficiency, including all new hurricane-impact windows, solid shiplap interior walls, oak flooring, updated plumbing and wiring, a 5-ton HVAC system, hurricane strapping, and a durable metal roof. This home is truly turn-key and ready to enjoy. Whether you're searching for a primary residence, luxury vacation getaway, or high-performing investment property, this Gulf-front gem delivers the relaxed beach lifestyle buyers dream about — just bring your flip-flops and start living on island time.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Data last updated: 2026-03-11T20:04:07.1.
www.thecoastalconnectionpropertysearch.com/homes/172927357
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5309 Gulf Drive Panama City Beach, FL 32408

  • Price: $2,895,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 14 min ago
  • MLS #: 785010
4
Beds
2
Baths
1
½ Baths
0.29
Acres
1,786
SQFT
$1,621
$/SQFT
1997
Built
Neighborhood:
Gulf Lagoon Beach
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
Charming coastal retreat with timeless beach-house appeal, ideally located on the highly sought-after east end of Panama City Beach. This beautifully renovated 4-bedroom, 2.5-bath Gulf-front home sits on an expansive 50' x 250' lot and offers stunning Gulf views from most rooms, including the primary suite, secondary bedrooms, living room, and kitchen — plus more than 2,000 square feet of balconies and decks designed to soak in the scenery. The elevated design features a spacious lower level with dual garage bays, providing generous space for parking, storage, beach gear, and all your outdoor toys. Just beyond, the covered ground-level entertaining area is built for relaxation, complete with ample seating and swing seating — perfect for game days, gatherings with friends, or unwinding while enjoying the Gulf breeze and open views. Inside, a full renovation showcases exceptional craftsmanship and high-end designer finishes throughout. The kitchen and bathrooms feature Italian Carrara marble, Viking appliances, Kohler and Newport Brass fixtures, Ann Sacks and Aguayo tile, and custom details at every turn. The living area and kitchen are accented by stunning 200-year-old hand-hewn salvaged beams, blending historic character with modern coastal luxury. Smart home technology includes Control4 lighting and automation, security cameras, and integrated flat-screen TVs. Major upgrades provide peace of mind and efficiency, including all new hurricane-impact windows, solid shiplap interior walls, oak flooring, updated plumbing and wiring, a 5-ton HVAC system, hurricane strapping, and a durable metal roof. This home is truly turn-key and ready to enjoy. Whether you're searching for a primary residence, luxury vacation getaway, or high-performing investment property, this Gulf-front gem delivers the relaxed beach lifestyle buyers dream about — just bring your flip-flops and start living on island time.
Exterior Features

Architectural Style Coastal Attached Garage YN No Construction Materials Wood Siding Wood Frame Exterior Features Deck Foundation Details Pillar / Post / Pier Garage YN Yes Levels Two Lot Features Paved Patio And Porch Features Balcony Deck Roof Metal Stories 2 View Gulf View YN Yes

Interior Features

Appliances Washer / Dryer Stacked Electric Cooktop Electric Oven Electric Water Heater Ice Maker Cooling Central Air Ceiling Fan(s) Cooling YN Yes Heating Electric Heating YN Yes Laundry Features Stacked Rooms Kitchen (Second Level) Living Room (Second Level) Bedroom (Second Level) Primary Bedroom (Second Level) Units Furnished All Units Window Features Double Pane Windows Storm Window(s)

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 50 x 250 New Construction YN No Occupant Type Tenant Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Security Features Security System Smoke Detector(s) Sewer Public Sewer Tax Annual Amount 19737 Tax Year 2025 Utilities Cable Connected Electricity Available High Speed Internet Available Waterfront Features Gulf Shoreline - Sand Waterfront YN Yes

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Counts Real Estate Group Inc: 850-249-3615. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Data last updated: 2026-03-11T20:04:07.1.
 
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