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$1,499,000

5500 Gulf Dr

Panama City, FL
Active
4
Bedrooms
3.5
Bathrooms
2,414
Square Feet
0.13
Lot Size (acres)
2018
Year Built
52
Days On Market

First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold furnished. Its sister property, identical in layout, 2 doors down is listed for sale as well.

Listing Information

Listing Updated
7 days ago
Listed By
Tracy Rudder, 8508192979 · Counts Real Estate Group Inc, 8502491414
MLS#
794028
Source
Central Panhandle Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
5500 Gulf Dr, Panama City, FL 32408
City
Panama City
County
Bay
Neighborhood
Gulf Lagoon Beach
Zip Code
32408

Architecture

Bedrooms
4
Bathrooms
3.5
Stories
2
Year Built
2018
Style
Coastal
Building Area
2,414 sq. ft.
Roof
Metal
Levels
Two
Garage Spaces
0

Features & Amenities

Interior Features
Walk-In Closet(s), Double Vanity
Exterior Features
Balcony
Patio and Porch
Covered, Patio, Deck, Porch
Cooling
Ceiling Fan(s), Central Air
Heating
Central

Property Features

Lot Size
0.13 Acres
Lot Features
Paved
View
Water
Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available
Zoning
Resid Single Family

Square Footage

Total
2,414 sq. ft.

Tax & Financial Information

List Price
$1,499,000
Annual Taxes
$10,562

Schools

87/100
Oakland Terrace School For The Visual And Performing Arts
Grades M–M · 4.4 mi
City
Panama City
Students
328
Student–teacher
13.6
Parent reviews
5.0★ avg · 1 review
Student body
36% White · 32% Black · 23% Hispanic / Latino
Free/reduced lunch
78%
Phone
(850) 767-4565
55/100
A. Gary Walsingham Academy
Elementary · Grades PK–03 · 3.6 mi
City
Panama City Beach
Students
230
Student body
65% White · 14% Hispanic / Latino · 10% Black
Free/reduced lunch
17%
Phone
(850) 767-5475
53/100
Rising Leaders Academy
7th & Above · Grades KG–12 · 4.5 mi
City
Panama City
Students
102
Student body
79% White · 9% Black · 5% Asian
Free/reduced lunch
27%
Phone
(850) 215-0844
51/100
Patronis Elementary School
Elementary · Grades KG–05 · 1.9 mi
City
Panama City Beach
Students
852
Student body
86% White · 5% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
43%
Phone
(850) 767-5075
47/100
Lucille Moore Elementary School
Elementary · Grades PK–05 · 4 mi
City
Panama City
Students
449
Parent reviews
1.0★ avg · 1 review
Student body
30% White · 30% Hispanic / Latino · 29% Black
Free/reduced lunch
77%
Phone
(850) 767-1428
46/100
St. Andrew School At Oakland Terrace
Elementary · Grades PK–05 · 4.4 mi
City
Panama City
Students
127
Parent reviews
1.0★ avg · 1 review
Student body
56% White · 28% Black · 9% Two or More Races
Free/reduced lunch
94%
Phone
(850) 767-4595
34/100
Newpoint Middle School
Middle · Grades 06–08 · 5 mi
City
Panama City
Phone
(850) 215-0770
54/100
St John Catholic School
All Grades · Grades KG–08 · 4.4 mi · Private
City
Panama City
Students
158
Student body
84% White · 7% Hispanic / Latino · 6% Asian
Phone
(850) 763-1775

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
08/14/2026Listed for sale$1,499,000

Listed by Tracy Rudder · Counts Real Estate Group Inc · 8502491414

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 27, 2026 at 2:47 AM | Source: Central Panhandle Association of REALTORS | MLS#: 794028

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