$444,900

5115 Gulf Dr Unit 202 Panama City Beach, FL 32408

$5,283
Closing credit¹
1 bed
2 full
883 sqft
$504 / sqft
Condo

Property details

About 5115 Gulf Dr Unit 202

It is very RARE that a power bill is included in the HOA fees of a condominium. It is also a great thing when you see a second floor fully furnished unit become available in a Gulf Front high rise building. Would you believe that this complex is next door to a popular restaurant named SCHOONERS, so you can get a great lunch or dinner any old time. It even gets better! There is value in the $30,000 worth of upgrades! The kitchen in 202 has been remodeled and new furniture was added. The improvements really opened up the room where the kitchen countertop was cut to be ''one level'' with a gorgeous hard surface. Stainless appliances were added as well as a ''beachy vibe'' backsplash. New mattresses were purchased for the King bed as well as for the Bunk beds. The two (2) bathrooms have a pretty new color of paint as well as new countertops and fixtures. New curtains complete the updated look in the Living Room and in the Master Bedroom. New tv's were purchased as well, so you are rental ready or vacation ready! Let the Sun and the Sunsets brighten your mood as you enjoy each from your balcony! What a fantastic view you will have! What a great place to own! Two pools with a spa in one of the pools, a gym, and a covered garage (with a walkover) are wonderful amenities to add to the package.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size883 sqft
Year built2006
ParkingGarage
MLS #758477
Garage2 spaces
WaterfrontGulf, Waterfront
ViewGulf

Summary

  • Full Bathrooms: 2
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior: Breakfast Bar, Recessed Lighting
  • Total Bedroom Count: 1
  • Garage Space: 2 spaces
  • Parking: Garage
  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Balcony
  • Architectural Style: High Rise
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $444,900
  • Price/SqFt: $503
  • HOA Amount: $790
  • HOA Frequency: Quarterly
  • Annual Tax Amount: $4,711
  • Tax Year: 2023
  • Lot: Waterfront
  • Directions: From the intersection at Thomas Drive after crossing the Hathaway Bridge, drive South on Thomas Drive passing the NAS, Publix, etc. Cross the Thomas Drive Bridge and stay to the right around the curve. Seychelles is the second tower on the left, next door to Schooner's on the beach.
  • Year Built: 2006
  • Living Area: 883 SqFt
  • MLS Number: 758477
  • MLS Name: BCAR
  • Office Name: ERA Neubauer Real Estate Inc

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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birds eye view of property with a water view and a view of the beach

$444,900

5115 Gulf Dr Unit 202

$5,283

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 30, 2021
Home Sold
$360,000
Sep 11, 2013
Home Sold
$197,000

Tax history

YearAssessmentProperty Tax
2023$379,100$4,711
2022$335,750$3,923
2021$205,912$3,923

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. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. 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

Similar homes for sale

Frequently asked questions

About 5115 Gulf Dr Unit 202

The listing price of 5115 Gulf Dr Unit 202 property is $444,900.

The property 5115 Gulf Dr Unit 202 is a condo located in Panama City Beach, Florida, 32408.

Active Listing: 5115 Gulf Dr Unit 202 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5115 Gulf Dr Unit 202 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 $4,711 (source: MLS/based on county public records data).

The last sale was on July 30, 2021 for $360,000 (source: MLS/tax record).

The property at 5115 Gulf Dr Unit 202 has 1 bedroom and 2 bathrooms.

The property 5115 Gulf Dr Unit 202 is 883 SqFt (source: MLS/tax record).

The year of construction for 5115 Gulf Dr Unit 202 is 2006.

This home is located at 5115 Gulf Dr Unit 202 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 July 26, 2024 and is currently priced at $444,900.

Panama City Beach, FL housing market in April 2025 saw over 20 listings sold above listed price, more than 60 sold at listed price and over 127 sold below. Between March and April 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 2.2%. Listings spent 83 days on the market in April 2025, and had a median list price of $334,464 during the same period.

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

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