#768561, Listing Office: Corcoran Reverie
$4,500,000 List price
5409 Gulf Dr Panama City, FL 32408
9 beds
7 full
4,537 sqft
0.3 acres
$992 / sqft
House
Property details
About 5409 Gulf Dr
''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2025! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size4,537 sqft
Lot size0.29 Acres
Year built2015
ParkingDriveway
MLS #768512
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewGulf
Summary
- MLS Number: 768512
- MLS Name: BCAR
- Office Name: Beach Time Realty, Inc
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: 3/15/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,500,000
5409 Gulf Dr
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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
1.9 mi
•7400 Patronis Dr
5
Lucille Moore Elementary School
Public District PK-5
4.1 mi
•1900 Michigan Ave
1
St. Andrew School at Oakland Terrace
Public District PK-5
4.4 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. Typical income of Panama City, FL residents is 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 Skating
Pro Wrestling
College Football
Where do the neighbors shop?
Kmart
Family Dollar
Express/Express For Men
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Sonic
What do the neighbors drive?
Buick
Ford
Kia
What do the neighbors listen to?
Oldies
New Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5409 Gulf Dr
This home is located at 5409 Gulf Dr in Panama City, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This 4,537 square foot home, which was built in 2015, sits on a 0.29 acre lot. Features: 9 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 8, 2025 and is currently priced at $4,500,000.
Panama City, FL housing market in February 2025 saw over 5 listings sold above listed price, more than 36 sold at listed price and over 98 sold below. The number of homes for sale in Panama City, FL increased by 6.1% between January and February 2025. While the average time on the market in February 2025 was 87 days, the median list price was $337,016.
From Rocket Homes Real Estate and based on county public records data.