Refine Search

5012 Gulf Drive, Unit 2, Panama City Beach, FL 32408

$409,000
  • 5012 Gulf Drive, Unit 2, Panama City Beach, FL 32408 Main Photo

43 Total Photos [Click to View All]

Active
BEDS2 BATHS2 full SQUARE FEET815 MLS#783407
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONGulfside Condo

Property Description

NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUBLIC BEACH ACCESS! Simply walk out your front door and you are less than 60 feet from the beach access, making this unit extremely attractive for short term rentals and personal use alike. NO HOA but shared access and maintenance agreement between 4 units. Short term rentals allowed. Large private deck and pool on site. These units are truly a one of a kind opportunity! This ground floor layout is exactly what renters want and owners appreciate, offering easy access with no stairs and immediate proximity to the beach. Located at the end of a quiet cul de sac with no thru traffic, the setting provides a rare balance of privacy and convenience that consistently drives strong rental demand. The unit features updated LVP flooring with upgraded rubber backing, a functional and efficient layout, and durable finishes designed for low maintenance ownership. The building has seen major improvements including solid all brick construction with dual layers of elastomeric stucco and paint, a 2024 standing seam metal roof, updated windows and doors, and water heaters replaced in 2021. Two assigned parking spaces convey with the unit. Walkable to popular beachfront dining including Schooners and positioned directly across from one of the widest public beach access points in PCB. Updated ground floor condos this close to the beach with no HOA, rental flexibility, and a community pool rarely come available. Ideal for investors looking to scale a beach rental portfolio in one location or buyers seeking a simple, low hassle beach property they can actually use and enjoy. Units #1, #3, and #4 are currently also listed for sale, offering an investor the unique opportunity to acquire the entire building. Buyer to verify all measurements and information deemed important.

5012 Gulf Drive, Unit 2 | MLS# 783407

This condo located at 5012 Gulf Drive, Unit 2, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $409,000. This property was built in 1973 and has 2 bedrooms and 2 full baths with 815 sq. ft. Gulf Drive, Unit 2 is located in the Gulfside Condo subdivision. Search Gulfside Condo real estate on ezlotea.premierfl.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Home Style: Low Rise
Roof Type: Metal
Stories: 2.0
Taxes: $738
Year Built: 1973

Amenities

Patio

Feature Descriptions

Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
Community Features: Pool, Community Pool, Short Term Rental Allowed
Days on Site: 100
Exterior: Stucco
Flooring: Luxury Vinyl Plank
Laundry: Stacked
Lot: Paved
Parcel#: 32256-020-000
Parking: Additional Parking, Paved
Parking Notes: Additional Parking, Paved
Patio/Porch: Balcony, Covered, Patio, Porch
Pool: Community
Sewer: Public Sewer
Special View Info: Gulf
Utilities: Electricity Available

Room Sizes

Bedroom: 13 X 11 Level - First
Primary Bathroom: 5.5 X 6 Level - First
Primary Bedroom: 11.5 X 11 Level - First
Full Bath: 8 X 6.5 Level - First
Kitchen: 11 X 14 Level - First
Living Room: 14.5 X 11.5 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: LPT Realty LLC

Shown By

Agent Name: Edmond Zlotea
Agent Phone: (850) 960-2575
Agency Title: Premier Property Group

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,091.05 per month $910.26 Principal & Interest $61.50 Property Tax $119.29 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel