5012 Gulf Drive 4, Panama City Beach, FL 32408
  • MLS#: 783289 ( Residential )
  • Street Address: 5012 Gulf Drive 4
  • Viewed: 52
  • Price: $449,900
  • Price sqft: $552
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 815
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 96
  • Additional Information
  • Geolocation: 30.1405 / -85.7532
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32408
  • Subdivision: Gulfside Condo.
  • Building: Gulfside Condo.
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: LPT Realty LLC
  • DMCA Notice
  • Description
    New Property Video & 3D Home Tour! Rare opportunity to own a second floor 2 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 several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than 60 feet from the beach, making this unit highly desirable for both short term rentals and personal use. The unit features updated LVP flooring with upgraded rubber backing, a functional layout, and durable, low maintenance finishes. NO HOA however there will be a shared access agreement for Insurance and Maintenance. 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 rare opportunity for investors to acquire multiple units in the same small complex directly across from beach access an opportunity that seldom comes available in this area at this price point. Ideal for investors looking to scale a beach rental portfolio in one location.
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Features
Appliances
  1. WasherDryerStacked
  2. ElectricRange
  3. ElectricWaterHeater
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. CentralAir
Covered Spaces
  1. 0.00
Exterior Features
  1. Patio
Flooring
  1. LuxuryVinylPlank
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
High School
  1. Arnold
Insurance Expense
  1. 0.00
Legal Description
  1. GULFSIDE CONDO APT 4 ORB 494 P 370 2BR 2B 688 H&C ORB 4719 P 1841 .
Levels
  1. Two
Living Area
  1. 0.00
Lot Features
  1. Paved
Middle School
  1. Surfside
Area Major
  1. 03 - Bay County - Beach
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 32256-040-000
Parking Features
  1. AdditionalParking
  2. Paved
Pet Deposit
  1. 0.00
Pool Features
  1. Community
Property Type
  1. Residential
Roof
  1. Metal
School Elementary
  1. Patronis
Security Deposit
  1. 0.00
Sewer
  1. PublicSewer
Style
  1. LowRise
Tax Year
  1. 2024
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. ElectricityAvailable
View
  1. Gulf
Views
  1. 52
Virtual Tour Url
  1. https://www.zillow.com/view-3d-home/87482a1f-c6c0-4c8b-873b-6d269670d709/?utm_source=captureapp
Year Built
  1. 1973
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Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
  4. 229.834.4988