Back 5309 Gulf Dr
Off Market

5309 Gulf Dr

Lower Grand Lagoon FL 32408

4
3
2
1786 sq. ft.
12458 sq. ft.
Single-Family
Last sold for $2,450,000
Kristen Counts BarrKristen Counts Barr, last sold this property on 22 May 2026 after 100 days on market.

Overview

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.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
1786 sq. ft. floor area
12458 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 5309 Gulf Dr is $645k.

Median value
$645k
Estimated value range
$260k - $2.45m
Median days on market
54
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5309 Gulf Dr

2026
Sold
$2,450,000
22 May 2026 by Kristen Counts Barr, of Counts Real Estate Group Inc
2022
Sold
$2,750,000
10 Jun 2022 by Tony Wood, of Keller Williams Realty Destin
2016
Sold
$825,000
29 Apr 2016 by Bert Pope, of BERT POPE & ASSOCIATES, LLC

Happy sellers in Lower Grand Lagoon

91%
91% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 4 bedroom single-family properties in Lower Grand Lagoon

In the last 12 months, 83 four-bedroom single-family properties similar to 5309 Gulf Dr, have been sold.

This represents a 16% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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