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5500 Gulf Drive

Panama City FL 32408

4
4
2414 sq. ft.
5663 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
4 bathrooms
2414 sq. ft. floor area
5663 sq. ft. lot size
Single-Family

Happy sellers in Panama City

91%
91% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Panama City over the last 12 months.

Local market activity for 4 bedroom single-family properties in Panama City

In the last 12 months, 91 four-bedroom single-family properties similar to 5500 Gulf Drive, have been sold.

This represents a 3% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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