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5518 Gulf Drive

Lower Grand Lagoon FL 32408

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

Overview

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!

Features

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

Property history for 5518 Gulf Drive

2022
Sold
$1,474,000
17 May 2022 by Charlie Commander, of Century 21 Commander Realty

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, 85 four-bedroom single-family properties similar to 5518 Gulf Drive, have been sold.

This represents a 8% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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