Panama City, FL 32408,5012 Gulf DR #2
Panama City, FL 32408,5012 Gulf DR #2
Panama City, FL 32408,5012 Gulf DR #2
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$419,000
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2 Beds
2 Baths
815 SqFt
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5012 Gulf DR #2 Panama City, FL 32408

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 815 sqft

Price per Sqft $514

Subdivision Gulfside Condo.

MLS Listing ID 783407

Style Low Rise

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1973

Annual Tax Amount $738

Tax Year 2025

Property Sub-Type Condominium

Property Description

OPEN HOUSE THIS SATURDAY & SUNDAY JAN 10TH & 11TH 2026 FROM 1 -4PM -Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUBLIC BEACH ACCESS! Or all ! Simply walk out your front door and you are less than 60 feet from the sand, making this unit extremely attractive for short term rentals and personal use alike. NO HOA but shared access and maintenance agreement between 4 units. Short term rentals allowed. Large private deck and pool on site. These units are truly a one of a kind opportunity!

This ground floor layout is exactly what renters want and owners appreciate, offering easy access with no stairs and immediate proximity to the beach. Located at the end of a quiet cul de sac with no thru traffic, the setting provides a rare balance of privacy and convenience that consistently drives strong rental demand.

The unit features updated LVP flooring with upgraded rubber backing, a functional and efficient layout, and durable finishes designed for low maintenance ownership. The building has seen major improvements including solid 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. Two assigned parking spaces convey with the unit.

Walkable to popular beachfront dining including Schooners and positioned directly across from one of the widest public beach access points in PCB. Updated ground floor condos this close to the beach with no HOA, rental flexibility, and a community pool rarely come available. Ideal for investors looking to scale a beach rental portfolio in one location or buyers seeking a simple, low hassle beach property they can actually use and enjoy. Units #1, #3, and #4 are currently also listed for sale, offering an investor the unique opportunity to acquire the entire building. Buyer to verify all measurements and information deemed important.

Location

State FL

County Bay

Community Pool, Community Pool, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Central, Electric

Cooling Central Air

Flooring Luxury Vinyl Plank

Fireplace No

Appliance Washer/Dryer Stacked, Electric Range, Electric Water Heater

Laundry Stacked

Exterior

Exterior Feature Patio

Parking Features Additional Parking, Paved

Pool Community

Community Features Pool, Community Pool, Short Term Rental Allowed

Utilities Available Electricity Available

View Y/N Yes

View Gulf

Porch Balcony, Covered, Patio, Porch

Private Pool No

Building

Lot Description Paved

Story 2

Entry Level Two

Sewer Public Sewer

Architectural Style Low Rise

Level or Stories Two

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 32256-020-000

Special Listing Condition Listed As-Is


Listed by LPT Realty LLC

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Randall Fisher

Randall Fisher

Broker | BDBK644509

+1(850) 249-2050

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5012 Gulf DR #2