$440,000

5115 Gulf Dr Unit 1402 Panama City Beach, FL 32408

$5,225
Closing credit¹
1 bed
2 full
883 sqft
$498 / sqft
Condo

Property details

About 5115 Gulf Dr Unit 1402

Welcome to your private slice of paradise! The Seychelles Resort Condominium is renowned for its awe-inspiring views of the Gulf's emerald waters and is ideally situated along 200 feet of pristine, sandy beach, just steps from the renowned Schooners Restaurant. This exquisite 883-square-foot, one-bedroom, two-bathroom residence--featuring hallway bunks--comfortably accommodates up to six guests and is being sold fully furnished.Meticulously maintained and recently updated in 2022 with $40,000 in enhancements, this gulf-front gem offers a seamless blend of style and comfort. The unit has been thoughtfully designed, with new lighting, luxurious vinyl plank flooring throughout, an extended kitchen counter topped with sleek quartz, and modern quartz finishes in both bathrooms. The private balcony has been upgraded with new patio furniture, and the entire space has been freshly painted, including the cabinetry in both the kitchen and bathrooms. The ceilings have also been refinished with a smooth texture, adding to the sophisticated appeal. A new washer and dryer were installed just last year for added convenience.Seychelles Resort offers an array of exceptional amenities, including two gulf-front pools, a hot tub, a well-equipped fitness center, a conference center, and onsite rental and property management services. Residents and guests enjoy the added benefit of secure, covered parking with a convenient walkover to the beach. HOA fees cover all utilities, including electricity.Centrally located off Thomas Drive, Seychelles Resort is just minutes from marinas, shopping, dining, entertainment, and the scenic St. Andrews State Park. With excellent rental income potential, this is your chance to own a piece of the World's Most Beautiful Beaches.All measurements are approximate and should be verified by the buyer.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size883 sqft
Year built2006
ParkingGated
MLS #771042
WaterfrontGulf, Waterfront
ViewGulf

Summary

  • Full Bathrooms: 2
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior: Breakfast Bar
  • Total Bedroom Count: 1
  • Parking: Gated
  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Balcony
  • Architectural Style: High Rise
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $440,000
  • Price/SqFt: $498
  • HOA Amount: $790
  • HOA Frequency: Quarterly
  • Annual Tax Amount: $4,779
  • Tax Year: 2023
  • Lot: Waterfront
  • Directions: From Hathaway Bridge, traveling west on Highway 98, turn left onto Thomas Drive South. Follow Thomas Drive over Grand Lagoon Bridge to traffic light. Turn right at light and left on Gulf Drive. Seychelles Resort Condominium is located next to Schooners.
  • Year Built: 2006
  • Living Area: 883 SqFt
  • MLS Number: 771042
  • MLS Name: BCAR
  • Office Name: The Premier Property Group

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 5:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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property view of water with a beach view

$440,000

5115 Gulf Dr Unit 1402

$5,225

closing credit¹

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Price information

Property sales

DateEventPrice
Jun 02, 2022
Home Sold
$482,000
Feb 09, 2018
Home Sold
$220,000

Tax history

YearAssessmentProperty Tax
2023$379,100$4,779
2022$335,750$3,088
2021$205,912$3,088
2020$163,719$2,197
2018$175,100$2,231
2017$170,000$2,182

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

2.1 mi

7400 Patronis Dr

5

Lucille Moore Elementary School

Public District PK-5

4.0 mi

1900 Michigan Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

4.3 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,776. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

37%
<35k
49%
35k-100k
8%
100k-200k
6%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

57%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • College FootballCollege Football

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • KiaKia

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5115 Gulf Dr Unit 1402

The listing price of 5115 Gulf Dr Unit 1402 property is $440,000.

The property 5115 Gulf Dr Unit 1402 is a condo located in Panama City Beach, Florida, 32408.

Active Listing: 5115 Gulf Dr Unit 1402 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5115 Gulf Dr Unit 1402 are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Breakfast Point Academy (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10), Bay Virtual Franchise (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $4,779 (source: MLS/based on county public records data).

The last sale was on June 2, 2022 for $482,000 (source: MLS/tax record).

The property at 5115 Gulf Dr Unit 1402 has 1 bedroom and 2 bathrooms.

The property 5115 Gulf Dr Unit 1402 is 883 SqFt (source: MLS/tax record).

The year of construction for 5115 Gulf Dr Unit 1402 is 2006.

This home is located at 5115 Gulf Dr Unit 1402 in Panama City Beach, FL and zip code 32408. This 883 square foot home was built in 2006. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $440,000.

Over 20 listings were sold over their listed price in April 2025 in Panama City Beach, FL. In the same period over 127 listings were sold below the listed price and 60 listings were sold for the listed price. The number of listings in Panama City Beach, FL increased by 2.2% between March and April 2025. The median list price of listings available in April 2025 was $334,464, while the average time on the real estate market was 83 days.

From Rocket Homes Real Estate and based on county public records data.

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