5416 Gulf Drive, Panama City Beach, FL, 32408

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5416 Gulf Drive, Panama City Beach, FL, 32408

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$1,197,500
New Listing

5416 Gulf Drive
Panama City Beach, FL 32408

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
2,453
SqFt
$488
/SqFt
2006
Built
Subdivision:
Gulf Lagoon Beach
County:
Bay
Listing courtesy of Shelly M Callaway of CENTURY 21 Ryan Realty Inc
Call Now: 850-786-3054
Is this the listing for you? We can help make it yours.
850-786-3054
5416 Gulf Drive5416 Gulf Drive5416 Gulf Drive5416 Gulf Drive
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Monthly Payment (Est.)

$5,463
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Luxury Gulf-View STR Investment Retreat with a Private Pool & 20 steps to Beach access. Opportunities this close to the Gulf with this level of walkability, capacity, and rental appeal are limited. Prime Location. High STR Demand. Direct Gulf access with Private Pool. Investment-Grade Coastal Living. This is as close as you get to having the BEST of the BEST compared to any other. This exceptional 4BR/3.5BA Gulf-View coastal retreat offers a rare blend of refined beach living and high-performing investment potential--just 20 steps from the sugar-white sands and emerald waters of the Gulf. Welcome to a luxury property designed for those who expect more: Privacy, Proximity, and more return on lifestyle and short-term rental investment income potential. What truly sets this property apart is its rare proximity to the sandy Beaches--guests can step out the door and be on the beach in seconds. Combined with panoramic Gulf views, outdoor dining spaces, and a highly desirable layout, this home consistently checks the boxes that will drive higher nightly rates, strong occupancy, and repeat bookings. - Perfect vacation rental appeal with accommodations for up to 12 guests comfortably. - 20 Steps away from beach access (#8) with direct Gulf Views - Private pool with LED lighting at night (seasonally heated) - Walkable to beachfront dining including Schooner's beachfront Restaurant. - Minutes to St. Andrews State Park, Shell Island excursions, incredible dining, entertainment & all that Panama City Beach and 30a has to offer. - Strong appeal for short-term rental investors, second-home buyers, or luxury vacation ownership - Parking for up to 4 vehicles Designed for comfort, scale, and seamless indoor-outdoor living, this three-level home offers multiple entertaining zones, private retreats, and elevated Gulf-facing outdoor spaces. FIRST FLOOR: Entertain & Unwind A spacious open-concept layout anchors the home, featuring a large living area, dining space, and a fully equipped kitchen designed for hosting and comfort Ground-floor bedroom suite with private pool access. Full bath with dual access (guest + ensuite). Expansive laundry room with owner lockout storage. Direct access to private fenced pool, grilling, and lounge area. SECOND FLOOR: Elevated Comfort Primary Suite with king bed, Gulf-facing balcony, dual walk-in closets, a large ensuite bath with a spa-inspired jacuzzi bath featuring soaking tub, and separate walk-in tiled shower. Additional guest bedroom with bunk configuration (ideal for maximizing occupancy and rental revenue), full ensuite bath with abundant storage throughout. THIRD FLOOR: Premium Experience Level A standout feature for both lifestyle buyers and rental performance: Oversized 3 bunk suite + sleeper sofa. A mini wet bar and a mini fridge for convenience and entertaining. Expansive Gulf-View Terrace designed for sunset dining and elevated outdoor living. This upper-level balcony delivers the ''million-dollar view'' experience--panoramic Gulf vistas, coastal breezes, and unforgettable sunset exposures that will drive both guest satisfaction and repeat bookings. Morning coffee with ocean air. Afternoons by the pool or on the sandy Beach. Evenings defined by Gulf-Front sunsets painted in vivid coastal hues. This is more than a home--it's a fully immersive coastal asset designed to generate both memories and measurable returns.

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Listing Snapshot
Price 
$1,197,500
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
2,453 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.07 Acres
Year Built 
2006
MLS® Number 
789061
Status 
Active
Property Tax 
$9,290.77
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
19 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.07
Levels 
Three Or More
Number Of Stories 
3
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)Security SystemFire Alarm
Sewer 
Public Sewer
SqFt Total 
2453
Style 
Coastal
Utilities 
Electricity Available
Zoning 
Resid Single Family
Interior Features
Appliances 
Electric OvenElectric RangeIce Maker
Cooling 
Central AirMulti Units
Fireplace 
Yes
Fireplace Features 
Gas
Furnished? 
All Units
Heating 
Fireplace(s)
Bedroom 
Dimensions - 25 x 18Level - ThirdDescription - Gulf-View Terrace Balcony
FullBath 
Dimensions - 9 x 5Level - FirstDescription - En-Suite + Guest
Great Room 
Dimensions - 18 x 13Level - First
Kitchen 
Dimensions - 18 x 14Level - First
Laundry 
Dimensions - 10 x 8Level - First
PrimaryBathroom 
Dimensions - 13 x 9Level - SecondDescription - En-suite
PrimaryBedroom 
Dimensions - 18 x 16Level - SecondDescription - Gulf-View Balcony
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Exterior Features
Construction Details 
HardiPlank Type
Exterior 
Balcony
Fencing 
Fenced
Patio And Porch 
DeckPorch
Pool Features 
FencedElectric HeatIn GroundPrivate
Private Pool 
Yes
View 
WaterOther
Waterview 
WaterOther
Community Features
MLS Area 
03 - Bay County - Beach
Schools
School District
Unknown
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Listing courtesy of Shelly M Callaway of CENTURY 21 Ryan Realty Inc



Listing information is provided by Participants of the Central Panhandle Association of REALTORS MLS. IDX information is provided exclusively for 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 not guaranteed. Copyright 2026, Central Panhandle Association of REALTORS MLS.
Last checked: 2026-04-29 09:29 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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