$425,000

5115 Gulf Dr Unit 206 Panama City, FL 32408

$5,047
Closing credit¹
1 bed
2 full
883 sqft
$481 / sqft
Condo

Property details

About 5115 Gulf Dr Unit 206

''CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'' Beautifully Updated and Rarely Available - this unit includes a DEEDED STORAGE ROOM! This stunning second-floor Seychelles Resort Condominium is a true gem - newly furnished and freshly updated with new HVAC, this unit provides the best of both worlds, elevated panoramic gulf views, easy access, and all the convenience you need for resort-style living. Inside, you'll find high ceilings and ample natural light, freshly painted walls, and brand-new luxury vinyl plank (LVP) flooring throughout. With 883 square feet of open-concept living space, access your private balcony and enjoy the breathtaking view through the expansive sliding glass doors from the living area. The energy-efficient kitchen boasts stainless steel appliances, including a new stove and dishwasher, designed to save you both time and energy. The spacious master bedroom features a cultured marble private ensuite, enhancing the flow of the space and offering both comfort and style. Perfect for families, the bunk room functions like a second bedroom, providing extra space for children or guests. The hall bath boasts a marble style shower with a glass enclosure, perfect for guests and everyday use. Enjoy the ease of an in-unit laundry with a brand new stackable washer and dryer. Seychelles is one of the few resorts where electricity is included in the HOA fees. The HOA fees cover all utilities, including ELECTRICITY, cable, internet, water, and sewage. Resort-style amenities include two Gulf-front pools with hot tubs, beach access, a fully equipped gym, a community room, and gated garage parking. Plus, you're just steps away from iconic Schooners Beach Club and just a short distance from St. Andrews State Park. Nearby you'll find other favorite destinations and renowned restaurants. Whether you're looking for EXCELLENT RENTAL INCOME POTENTIAL, a permanent residence, or a personal getaway, you'll fall in love with this beautiful condo. Act swiftly and seize this opportunity before it's gone. Schedule your showing today!

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Ceiling Fan(s), Electric
Size883 sqft
Year built2006
ParkingAssigned
MLS #772614
Garage1 space
WaterfrontGulf, Sandy Shoreline
ViewGulf

Summary

  • Full Bathrooms: 2
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior: Breakfast Bar, Pantry
  • Total Bedroom Count: 1
  • Garage Space: 1 space
  • Parking: Assigned
  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony
  • Architectural Style: High Rise
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $425,000
  • Price/SqFt: $481
  • HOA Amount: $790
  • HOA Frequency: Quarterly
  • Directions: After crossing the Hathaway Bridge, turn South on Thomas Drive. After passing Capt. Anderson's and crossing the Thomas Drive Bridge, stay to the right around the curve. Seychelles is the second condo on the left, with the blue wave on the exterior of the building, next door to Schooner's on the beach.
  • Year Built: 2006
  • Living Area: 883 SqFt
  • MLS Number: 772614
  • MLS Name: BCAR
  • Office Name: Keller Williams Success Realty

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, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

water view

$425,000

5115 Gulf Dr Unit 206

$5,047

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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, FL typically earn between $35k-100k each year. Most families are 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

Similar homes for sale

Frequently asked questions

About 5115 Gulf Dr Unit 206

The listing price of 5115 Gulf Dr Unit 206 property is $425,000.

The property 5115 Gulf Dr Unit 206 is a condo located in Panama City, Florida, 32408.

Accepting Backup Offers: 5115 Gulf Dr Unit 206 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 5115 Gulf Dr Unit 206 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).

The property at 5115 Gulf Dr Unit 206 has 1 bedroom and 2 bathrooms.

The property 5115 Gulf Dr Unit 206 is 883 SqFt (source: MLS/tax record).

The year of construction for 5115 Gulf Dr Unit 206 is 2006.

This home is located at 5115 Gulf Dr Unit 206 in Panama City, 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 October 25, 2024 and is currently priced at $425,000.

Over 20 listings were sold over their listed price in April 2025 in Panama City, 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, FL increased by 2.2% between March and April 2025. While the average time on the market in April 2025 was 83 days, the median list price was $334,464.

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

More resources