#765113, Listing Office: Bay to 30A Realty
5115 Gulf Dr Unit 507 Panama City, FL 32408
Property details
About 5115 Gulf Dr Unit 507
Here's your front-row seat to 200 feet of pristine white sand and the Gulf of Mexico at Seychelles, tucked away on Panama City Beach's quieter east end. The desirable 5th-floor location is favored by vacationers for its perfect balance--low enough for quick access to the beach and amenities without waiting for the elevator, yet high enough to offer privacy and stunning views. This 1BR/2BA condo with a master suite and bunks comfortably sleeps six. The space is bright and airy, featuring 9' ceilings, 8' glass doors leading to the balcony, and tile flooring throughout for effortless maintenance. Enjoy sweeping views of Panama City Beach's iconic sugar-white sands and emerald waters from the spacious balcony or living area. The kitchen boasts stainless steel appliances, solid surface counters, and solid wood cabinets, while both bathrooms showcase elegant marble vanities. Seychelles' resort amenities are exceptional: two Gulf-front pools (one heated seasonally), a hot tub, dune walkover, fully-equipped fitness center, community room, high-speed elevators, and secure, gated parking in a covered garage--all surrounded by lush tropical landscaping. Located just steps from Schooners and minutes from St. Andrews State Park, golf, marinas, shopping, dining, and entertainment, this condo is perfectly positioned for both relaxation and adventure. The inclusive HOA covers utilities - electricity, WiFi, cable, water, and sewage - making ownership worry-free. Whether as a vacation home or a short-term rental, this condo is the perfect gateway to the best of Panama City Beach. Don't miss your chance to own this beachfront paradise!
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
- Interior: Breakfast Bar, Recessed Lighting
- Total Bedroom Count: 1
- Waterfront: Gulf, Waterfront
- Exterior: Balcony
- Architectural Style: High Rise
- Heating: Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $429,000
- Price/SqFt: $485
- HOA Amount: $858
- HOA Frequency: Quarterly
- Lot: Waterfront
- Directions: Take Thomas Drive heading east to Hull, take a right on Hull, Seychelles in on the right next to Schooners Restaurant.
- Year Built: 2006
- Living Area: 883 SqFt
- MLS Number: 764763
- MLS Name: BCAR
- Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida
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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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$429,000
5115 Gulf Dr Unit 507
$5,094
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Price information
Property sales
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Tax history
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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.
Neighborhood
The neighbors living near this home have an average income of $41,776. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 5115 Gulf Dr Unit 507
The listing price of 5115 Gulf Dr Unit 507 property is $429,000.
The property 5115 Gulf Dr Unit 507 is a condo located in Panama City, Florida, 32408.
Active Listing: 5115 Gulf Dr Unit 507 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5115 Gulf Dr Unit 507 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 507 has 1 bedroom and 2 bathrooms.
The property 5115 Gulf Dr Unit 507 is 883 SqFt (source: MLS/tax record).
The year of construction for 5115 Gulf Dr Unit 507 is 2006.
This home is located at 5115 Gulf Dr Unit 507 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 November 12, 2024 and is currently priced at $429,000.
While more than 20 listings in Panama City, FL in April 2025 were sold above asking price, there were more than 60 listings sold at asking price, and more than 127 were sold below. Between March and April 2025, Panama City, FL real estate market has seen increase in the number of listings by 2.2%. 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.