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$1,155,500

5416 Gulf Dr

Panama City Beach, FL
ActiveUnderContract
4
Bedrooms
3.5
Bathrooms
2,453
Square Feet
0.07
Lot Size (acres)
2006
Year Built
158
Days On Market

'CURRENTLY UNDER CONTRACT WITH A SELLER KICK-OUT CLAUSE - SELLER WILL CONTINUE TO CONSIDER BACKUP OFFERS.' Luxury Gulf-View STR Investment Retreat with a Private Pool & 20 steps to Beach access. CAN SLEEP up to 16 ppl -- Maximizing FULL RENTAL POTENTIAL and ADR per night. *Currently sleeps 12 comfortably. Opportunities this close to the Gulf with this level of walkability, capacity, and rental appeal are limited. Prime Location. High STR Demand. Direct Gulf access with Private Pool. Investment-Grade Coastal Living. This is as close as you get to having the BEST of the BEST compared to any other. This exceptional 4BR/3.5BA Gulf-View coastal retreat offers a rare blend of refined beach living and high-performing investment potential--just 20 steps from the sugar-white sands and emerald waters of the Gulf. Welcome to a luxury property designed for those who expect more: Privacy, Proximity, and more return on lifestyle and short-term rental investment income potential. What truly sets this property apart is its rare proximity to the sandy Beaches--guests can step out the door and be on the beach in seconds. Combined with panoramic Gulf views, outdoor dining spaces, and a highly desirable layout, this home consistently checks the boxes that will drive higher nightly rates, strong occupancy, and repeat bookings. - Perfect vacation rental appeal with accommodations for up to 12 guests comfortably. - 20 Steps away from beach access (#8) with direct Gulf Views - Private pool with LED lighting at night (seasonally heated) - Walkable to beachfront dining including Schooner's beachfront Restaurant. - Minutes to St. Andrews State Park, Shell Island excursions, incredible dining, entertainment & all that Panama City Beach and 30a has to offer. - Strong appeal for short-term rental investors, second-home buyers, or luxury vacation ownership - Parking for up to 4 vehicles Designed for comfort, scale, and seamless indoor-outdoor living, this three-level home offers multiple entertaining zones, private retreats, and elevated Gulf-facing outdoor spaces. FIRST FLOOR: Entertain & Unwind A spacious open-concept layout anchors the home, featuring a large living area, dining space, and a fully equipped kitchen designed for hosting and comfort Ground-floor bedroom suite with private pool access. Full bath with dual access (guest + ensuite). Expansive laundry room with owner lockout storage. Direct access to private fenced pool, grilling, and lounge area. SECOND FLOOR: Elevated Comfort Primary Suite with king bed, Gulf-facing balcony, dual walk-in closets, a large ensuite bath with a spa-inspired jacuzzi bath featuring soaking tub, and separate walk-in tiled shower. Additional guest bedroom with bunk configuration (ideal for maximizing occupancy and rental revenue), full ensuite bath with abundant storage throughout. THIRD FLOOR: Premium Experience Level A standout feature for both lifestyle buyers and rental performance: Oversized 3 bunk suite + sleeper sofa. A mini wet bar and a mini fridge for convenience and entertaining. Expansive Gulf-View Terrace designed for sunset dining and elevated outdoor living. This upper-level balcony delivers the ''million-dollar view'' experience--panoramic Gulf vistas, coastal breezes, and unforgettable sunset exposures that will drive both guest satisfaction and repeat bookings. Morning coffee with ocean air. Afternoons by the pool or on the sandy Beach. Evenings defined by Gulf-Front sunsets painted in vivid coastal hues. This is more than a home--it's a fully immersive coastal asset designed to generate both memories and measurable returns.

Listing Information

Listing Updated
19 days ago
Listed By
Shelly M Callaway, 8505329332 · CENTURY 21 Ryan Realty Inc, 8502337926
MLS#
789061
Source
Central Panhandle Association of REALTORS
Status
ActiveUnderContract

Facts & Features

Location

Community Information

Address
5416 Gulf Dr, Panama City Beach, FL 32408
City
Panama City Beach
County
Bay
Neighborhood
Gulf Lagoon Beach
Zip Code
32408

Architecture

Bedrooms
4
Bathrooms
3.5
Stories
3
Year Built
2006
Style
Coastal
Construction Materials
HardiPlank Type
Building Area
2,453 sq. ft.
Levels
Three Or More
Garage Spaces
0

Features & Amenities

Interior Features
Walk-In Closet(s), See Remarks, Soaking Tub
Appliances
Electric Range, Electric Oven, Ice Maker
Exterior Features
Balcony
Patio and Porch
Deck, Porch
Cooling
Central Air, Multi Units
Heating
Fireplace(s)

Property Features

Lot Size
0.07 Acres
View
Water
Sewer
Public Sewer
Utilities
Electricity Available
Zoning
Resid Single Family

Square Footage

Total
2,453 sq. ft.

Tax & Financial Information

List Price
$1,155,500
Annual Taxes
$9,290

Schools

86/100
Oakland Terrace School For The Visual And Performing Arts
Grades M–M · 4.3 mi
City
Panama City
Students
328
Student–teacher
13.6
Parent reviews
5.0★ avg · 2 reviews
Student body
36% White · 32% Black · 23% Hispanic / Latino
Free/reduced lunch
78%
Phone
(850) 767-4565
55/100
Rising Leaders Academy
7th & Above · Grades KG–12 · 4.5 mi
City
Panama City
Students
301
Student body
58% White · 19% Black · 9% Hispanic / Latino
Free/reduced lunch
36%
Phone
(850) 215-0844
52/100
Patronis Elementary School
Elementary · Grades KG–05 · 1.9 mi
City
Panama City Beach
Students
650
Student body
74% White · 11% Hispanic / Latino · 9% Two or More Races
Free/reduced lunch
33%
Phone
(850) 767-5075
51/100
Newpoint Middle School
Middle · Grades 06–08 · 5 mi
City
Panama City
Phone
(850) 215-0770
49/100
St. Andrew School At Oakland Terrace
Elementary · Grades PK–05 · 4.3 mi
City
Panama City
Students
120
Parent reviews
1.0★ avg · 2 reviews
Student body
48% White · 33% Black · 9% Hispanic / Latino
Free/reduced lunch
70%
Phone
(850) 767-4595
48/100
Lucille Moore Elementary School
Elementary · Grades PK–05 · 4 mi
City
Panama City
Students
545
Parent reviews
1.0★ avg · 2 reviews
Student body
36% White · 27% Hispanic / Latino · 26% Black
Free/reduced lunch
73%
Phone
(850) 767-1428
45/100
A. Gary Walsingham Academy
Elementary · Grades PK–05 · 3.7 mi
City
Panama City Beach
Students
470
Student–teacher
16.7
Student body
56% White · 17% Black · 15% Hispanic / Latino
Free/reduced lunch
40%
Phone
(850) 767-5475
54/100
Gulf Coast School For Autism
All Grades · Grades UG–UG · 4.9 mi · Private
City
Panama City
Students
25
Student body
76% White · 12% Hispanic / Latino · 8% Black
Phone
(850) 257-5998

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
04/29/2026Listed for sale$1,155,500

Listed by Shelly M Callaway · CENTURY 21 Ryan Realty Inc · 8502337926

Listing information 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 by the MLS. Copyright 2026, Central Panhandle Association of REALTORS. All rights reserved.

Last Updated: September 15, 2026 at 10:27 PM | Source: Central Panhandle Association of REALTORS | MLS#: 789061

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