5115 Gulf Drive, Unit 402, Panama City Beach, FL 32408

Sold: 400000
Sold on: Sep 23rd, 2025
Sold: 400000
Sold on: Sep 23rd, 2025
BEDS1 BATHS2 full MLS#777331
STATUSClosed PROPERTY TYPEResidential - Condominium SUBDIVISIONSeychelles Resort Condominium


Property Description

UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS. Welcome to Seychelles Beach Resort, one of Panama City Beach's most coveted Gulf-front communities, where luxury, location, and income potential meet. Perched directly on the sugar-white sands, this turnkey-ready 1-bedroom, 2-bathroom condo delivers unbeatable views and an unbeatable investment. Step inside to discover a light-filled, open-concept living and dining space framed by floor-to-ceiling Gulf-facing windows. The private balcony is your front-row seat to breathtaking sunsets and gentle sea breezes perfect for morning coffee or evening cocktails. The spacious master suite features a king-sized bed and private en-suite bathroom, while a second full bath offers added flexibility for guests making this unit ideal as a vacation rental, personal beach retreat, or year-round residence. The modern kitchen boasts granite countertops, stainless steel appliances, and ample cabinetry perfect for whipping up beachside meals after a day in the sun. Seychelles Beach Resort amenities include: Two beachfront pools (one heated seasonally) Hot tub Fitness center Covered parking Direct beach access Electricity INCLUDED in HOA dues a rare bonus! Located on the peaceful east end of Panama City Beach, you're just steps from St. Andrews State Park and walking distance to dining and entertainment with the iconic Schooners beachside restaurant right at your doorstep. Why investors love it: High rental demand, exceptional amenities, and one of the very few buildings with utilities covered in the HOA. Whether you're looking to capitalize on short-term rental income or secure your own slice of paradise, this is a rare Gulf-front opportunity you don't want to miss. Schedule your private tour today and start living (or renting) the beachfront dream.

Property Features

Cooling: Central Air, Ceiling Fan(s)
Days on Market: 46
Garage: 2
Heating: Electric
Year Built: 2006

Amenities

Breakfast Bar
Elevator
Balcony

Feature Descriptions

Appliances: Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Refrigerator
Community Features: Short Term Rental Allowed
Flooring: Tile
Laundry: Stacked
Lot: Paved
Parcel#: 31437-400-028
Parking: Detached
Parking Notes: Detached
Patio/Porch: Balcony
Pool: In Ground
Security: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
Sewer: Public Sewer
Special View Info: Gulf
Utilities: Trash Collection
Water Features: Gulf

Local Schools

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

Listed By / Sold By

Listed By

Agency Name: Keller Williams Realty Emerald

Shown By

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

Sold By

Agency Name: Anchor Realty Florida
Agent Name: Chuck F Peek

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