NOW BACK ON MARKET AT NO FAULT TO THE SELLER - New Property Video & 3D Home Tour! Rare opportunity to own a ground-floor 3 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 a few restaurants including Schooners. Simply walk out your front door and you're less than 60 feet from the beach, making this unit extremely attractive for short-term rentals and personal use alike. The unit features updated LVP flooring with upgraded rubber backing, a functional layout, and durable finishes designed for low-maintenance ownership. 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 unique chance for investors to acquire multiple units in the same small complex directly across from beach access. This is an opportunity that rarely comes available in this area at this price point. Ideal for investors looking to scale a beach rental portfolio in one location.
Listed By
Agency Name: LPT Realty LLC
Shown By
Agency Title: Premier Property Group
Agency Phone: 850-337-1555
Estimated Payment
$ 1,319.86 per month $1,112.56 Principal & Interest $61.50 Property Tax $145.80 Homeowner's Insurance
5012 Gulf Drive, Unit 1 | MLS# 783286
This condo located at 5012 Gulf Drive, Unit 1, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $499,900. This property was built in 1973 and has 3 bedrooms and 2 full baths with 935 sq. ft. Gulf Drive, Unit 1 is located in the Gulfside Condo subdivision. Search Gulfside Condo real estate on www.premierfl.com today.