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5012 Gulf Drive, Unit 4, Panama City Beach, FL 32408

$449,900
  • 5012 Gulf Drive, Unit 4, Panama City Beach, FL 32408 Main Photo

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Active
BEDS2 BATHS2 full SQUARE FEET815 MLS#783289
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONGulfside Condo

Property Description

New Property Video & 3D Home Tour! Rare opportunity to own a second-floor 2 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than 60 feet from the beach, making this unit highly desirable for both short-term rentals and personal use. The unit features updated LVP flooring with upgraded rubber backing, a functional layout, and durable, low-maintenance finishes. NO HOA however there will be a shared access agreement for Insurance and Maintenance. The building has seen major improvements including all-brick construction with dual layers of elastomeric stucco and paint, a 2024 standing-seam metal roof, updated windows and doors, and water heaters replaced in 2021. Owners enjoy a shared pool, no HOA, short-term rentals allowed, and two assigned parking spaces per unit. The owner currently has Units #1, #3, and #4 available, offering a rare opportunity for investors to acquire multiple units in the same small complex directly across from beach access ? an opportunity that seldom comes available in this area at this price point. Ideal for investors looking to scale a beach rental portfolio in one location.

5012 Gulf Drive, Unit 4 | MLS# 783289

This condo located at 5012 Gulf Drive, Unit 4, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $449,900. This property was built in 1973 and has 2 bedrooms and 2 full baths with 815 sq. ft. Gulf Drive, Unit 4 is located in the Gulfside Condo subdivision. Search Gulfside Condo real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Home Style: Low Rise
Roof Type: Metal
Stories: 2.0
Taxes: $738
Year Built: 1973

Amenities

Patio

Feature Descriptions

Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
Community Features: Pool, Community Pool, Short Term Rental Allowed
Days on Site: 103
Exterior: Stucco
Flooring: Luxury Vinyl Plank
Laundry: Stacked
Lot: Paved
Parcel#: 32256-040-000
Parking: Additional Parking, Paved
Parking Notes: Additional Parking, Paved
Patio/Porch: Balcony, Covered, Patio, Porch
Pool: Community
Sewer: Public Sewer
Special View Info: Gulf
Utilities: Electricity Available

Room Sizes

Bedroom: 13 X 11 Level - First
Primary Bathroom: 5.5 X 6 Level - First
Primary Bedroom: 11.5 X 11 Level - First
Full Bath: 8 X 6.5 Level - First
Kitchen: 11 X 14 Level - First
Living Room: 14.5 X 11.5 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: LPT Realty LLC

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 1,194.00 per month $1,001.28 Principal & Interest $61.50 Property Tax $131.22 Homeowner's Insurance

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