Xome Inc. License #9002330 [email protected] 844-400-XOME (9663)
Listing Courtesy of: Kerry Jackson - LPT Realty LLC 877-366-2213
Xome Inc.   License #9002330   [email protected]   844-400-XOME (9663)

5012 Gulf Drive Unit 1 Panama City Beach, FL 32408

Down payment assistance icon
Condo Residence
3 Beds
2 Baths
935 Sq. Ft.

Property Activity

Time on Site
days
Days on Market
Views
Saves
Last updated on 2/15/2026 9:07 AM
NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own a ground-floor 3 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distanc...e to a few restaurants including Schooners. Simply walk out your front door and you're less than 60 feet from the beach, making this unit extremely attractive for short-term rentals and personal use alike. The unit features updated LVP flooring with upgraded rubber backing, a functional layout, and durable finishes designed for low-maintenance ownership. The building has seen major improvements including 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. Owners enjoy a shared pool, no HOA, short-term rentals allowed, and two assigned parking spaces per unit. The owner currently has Units #1, #3, and #4 available, offering a unique chance for investors to acquire multiple units in the same small complex directly across from beach access. This is an opportunity that rarely comes available in this area at this price point. Ideal for investors looking to scale a beach rental portfolio in one location. Continue reading
MLS#
783286
Property Type
Condo
Bedrooms
3
Bathrooms
2 Full
Year Built
1973
Square Feet
935 sq. ft

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts
price alerts icon

Get Price Alerts

Don't miss your chance. Receive an email as soon as the price changes.

Notify Me

Get email alerts when
a home price changes

Sign up
view of kitchen

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

Unlock In-Depth Property Insights with the Xome® Home Report

Listing Courtesy of: Kerry Jackson - LPT Realty LLC 877-366-2213

Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Central Panhandle Association of Realtors® Multiple Listing Service, Inc. – All Rights Reserved.

This content last refreshed on 2/15/2026 9:07 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.