Back 5403 Gulf Drive
Off Market

5403 Gulf Drive

Lower Grand Lagoon FL 32408

12458 sq. ft.
Land
Last sold for $1,650,000
The Sanchez GroupThe Sanchez Group, last sold this property on 07 October 2026 after 976 days on market.

Overview

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS A rare chance to own prime Gulf-front property in one of the most desirable stretches of Panama City Beach. This cleared 0.29-acre parcel sits directly beside from public beach access #7, offering unmatched visibility, walkability, and development potential. Zoned mixed-use, the property allows for a wide range of possibilities. With no HOA restrictions, public utilities near by, and paved road access, it's a straightforward site to bring your vision to life. Whether you're a developer, investor, or visionary builder and want to bring your dream home to life, 5403 Gulf Drive is your chance to create something extraordinary on Florida's Emerald Coast.

Features

12458 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 5403 Gulf Drive is $180k.

Median value
$180k
Estimated value range
$45k - $3.9m
Median days on market
98
Estimated value trend
1%
increase 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 5403 Gulf Drive

2026
Sold
$1,650,000
07 Oct 2026 by The Sanchez Group, of Think Real Estate
2018
Sold
$850,000
28 Dec 2018 by Robert Gawel, of CENTURY 21 LISTSMART

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 34 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for land plots in Lower Grand Lagoon

In the last 12 months, 40 land plots similar to 5403 Gulf Drive, have been sold.

This represents a 26% increase in land plots sales when compared to the previous 12 months.

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