Coastal Vibes Luxury Beach Group

Beach House

5518 Gulf Drive

Panama City Beach , FL 32408

MLS#: 999040

$1,599,000

Status: Active
Listing number: 999040
Listing provided by: The Premier Property Group Seacrest Office
Listing agent phone: None
Last update: N/A
On site: 5 days ago
Browse Properties
GULF LAGOON BEACH - Residential

Property

Beds

4

Full Baths

3

1/2 Baths

1

Year Built

2019

Sq.Footage

N/A

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 & Amenities

Interior

  • Other Interior Features

    Kitchen Island, Pantry

  • Total Bedrooms

    4

  • Bathrooms

    3

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Outdoor Grill, Balcony, Outdoor Shower

  • Patio and Porch Features

    Porch, Deck, Patio, Covered

  • Pool

    Yes

  • Pool Features

    In Ground, Private

Area & Lot

  • Lot Features

    Corner Lot, Level

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Beach House

Price

  • Sales Price

    $1,599,000

  • Tax Amount

    $12,941.99

  • Zoning

    Resid Single Family

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Patronis

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Bay

Elementary School

Patronis

Middle School

Surfside

High School

Arnold

Listing Courtesy of Tami Moats , The Premier Property Group Seacrest Office

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Dawn Severt

AGENT

Dawn Severt

Call Dawn today to schedule a private showing.

(850) 684-8957

(859) 608-8419

Dawn@coastalvibeslux.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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!

5518 Gulf Drive

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 1 day ago
Amazing location on the Westend of Panama City Beach!! Primary residence, 2nd home or investment property on a double lot with stunning view of the gulf. There is lots of room in this 3 bedroom 3 bathroom home with an additional room that could be a 4th bedroom/office and 3rd floor loft with balcony. With the double lot there is plenty of room to add a pool and outdoor living space. Fully furnished turn key property. Enjoy beautiful sunsets from one of the balconies or from the white sandy beach. The home is between Pier Park and Scenic 30a and just a few miles from the sports complex and Panama City airport. Note: AC 2023, Water Heater 2018 and Roof 2019
#787649

Panama City Beach

125 1st Street

3 Beds

3 Baths

2,072 Sq.Ft.

$1,450,000

MLS#: 787649

New on site 1 day ago
Amazing location on the Westend of Panama City Beach!! Primary residence, 2nd home or investment property on a double lot with stunning view of the gulf. There is lots of room in this 3 bedroom 3 bathroom home with an additional room that could be a 4th bedroom/office and 3rd floor loft with balcony. With the double lot there is plenty of room to add a pool and outdoor living space. Fully furnished turn key property. Enjoy beautiful sunsets from one of the balconies or from the white sandy beach. The home is between Pier Park and Scenic 30a and just a few miles from the sports complex and Panama City airport. Note: AC 2023, Water Heater 2018 and Roof 2019
#999372

Panama City Beach

125 1St Street

3 Beds

3 Baths

2,072 Sq.Ft.

$1,450,000

MLS#: 999372

New on site 2 days ago
Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences. Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.
#787608

Panama City Beach

119 Southfields Road 119 & 121

7 Beds

6 Baths

3,864 Sq.Ft.

$1,500,000

MLS#: 787608

New on site 2 days ago
Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences. Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.
#999290

Panama City Beach

119 Southfields Road 119 & 121

7 Beds

6 Baths

3,864 Sq.Ft.

$1,500,000

MLS#: 999290

New on site 2 days ago
Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences. Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.
#999290

Panama City Beach

119 Southfields Road 119 & 121

7 Beds

6 Baths

3,864 Sq.Ft.

$1,500,000

MLS#: 999290

Luxury 2025 new construction near the Gulf with private pool, STR allowed Walk to Panama City Beach's sugar-white sand from this brand-new 2025 luxury home, thoughtfully built for both everyday living and strong short-term rental performance. The 4-bed, 3.5-bath layout includes two main-level suites with private bathrooms, perfect for guests, multigenerational households, or maximizing vacation rental occupancy. Open floor plan with upscale coastal finishes: durable luxury vinyl plank flooring, tall accent ceilings, and a bright loft that works as extra lounge, bunk room, media space, or game area. The chef's kitchen boasts custom cabinets, quartz counters, a gas range with designer hood, and a large island for gathering. Spa-style baths, abundant natural light, and clean modern details complete the interior. Outdoor living is a highlight: private saltwater pool, covered patio, and room for year-round relaxation or entertaining after a day on the beach. Built with 2x6 exterior framing and a metal roof, this home was designed for durability, efficiency, and long-term peace of mind. Located in a golf-cart-friendly neighborhood near Pier Park, Highway 30A, Camp Helen State Park, Topgolf, and Dolly Parton's Pirate Voyage--right in the heart of PCB's top attractions. With short-term rentals permitted, it's a compelling choice as an income-producing vacation home, second home, or primary residence in Panama City Beach.
#998936

Panama City Beach

21701 Marlin Avenue

4 Beds

3 Baths

2,664 Sq.Ft.

$1,349,000

MLS#: 998936

LAGOON LIVING now UNDER CONSTRUCTION. Home will have dock and boat slip (refer to site map rendering). The new homesites in the gated Grand Lagoon Pointe will offer waterfront and interior sites. Waterfront homes will include dedicated docks for boating access from Grand Lagoon directly to the Gulf of Mexico. Less than one mile to Rick Seltzer Park. All homes will have access to the community pool and green space. This Lot 6 Dolphin plan will host 3 bedrooms and 3 full bathrooms with a gameroom or additional bedroom. The downstairs master bedroom will have beautiful views of Grand Lagoon as well as water front views in two upstairs bedrooms. Drink your coffee on the covered patio while watching the dolphins play. Constructed to be completed Spring 2026.
#787360

Panama City Beach

7852 Grand Lagoon Way

3 Beds

3 Baths

2,608 Sq.Ft.

$1,650,000

MLS#: 787360

Discover the Grand Spinnaker in the Vista Collection at Latitude Margaritaville Watersound, featuring a thoughtfully designed layout and professionally curated interiors that blend coastal style with everyday comfort. This open-concept floor plan offers a spacious kitchen overlooking the dining and great room, ideal for entertaining or relaxed living. Designer-selected finishes and cohesive interior details create a bright, modern feel throughout the main living areas. The private primary suite serves as a peaceful retreat with a well-appointed ensuite bath and generous walk-in closet. Guest bedrooms and a versatile den provide flexible space for guests, a home office, or hobbies. A covered outdoor living area invites you to enjoy Florida's coastal breezes year-round right off the intercoastal waterway. Located in Latitude Margaritaville Watersound, residents enjoy unparalleled amenities including a vibrant Town Center, resort-style pools, fitness and wellness facilities, pickleball, walking trails, live entertainment, and a full calendar of activities--just minutes from the Emerald Coast's white-sand beaches.
#787358

Panama City Beach

8575 Landshark Boulevard

3 Beds

3 Baths

3,331 Sq.Ft.

$1,842,731

MLS#: 787358

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service