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$1,705,000
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Property Description
***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS***Rooney's Beach House. This beach house has been entertaining families on Panama City Beach for years. The house comes in at just over 2,144 sq.ft. of living area according to the appraisal and features 3-bedrooms and 2-baths. (there is plenty of unused space that could easily become the 4th. bedroom and even a 3rd. bathroom with very little remodeling needed. This beach house overlooks the sparkling white sand and the crystal clear waters of the Gulf. The living area boasts an open floor plan to take advantage of the wonderful views. The kitchen, dining area, and family room all look out over the beach view. The oversized kitchen has plenty of counter space and cabinets. A large kitchen island offers more prep and storage space. The house currently has sleeping arrangements for 8 and as indicated in the remarks earlier there is plenty of room to put in an additional bedroom or bunkroom. A new roof and air conditioner in the past year should give you years of worry free living. There is a large covered deck area as well as a large open deck area, all looking out over the World's Most Beautiful Beaches. There is covered parking in both the garage and carport as well as extra parking in the driveway. Both the garage and carport are large enough to hold a golf cart. A workshop and storage area are also in the garage. Location, location, location. You are in walking distance to St. Andrews State Park as well as most of the area's marinas with their fishing, diving, and sightseeing fleets. The world famous Schooners Beach Restaurant is just a couple hundred yards away. Whether you are buying for investment or for family use our area has lots to offer our residents and visitors. Imagine sitting on your back deck sipping a cool beverage, watching the kids building a sandcastle and watching those magical sunsets. Life is good.
Full Property Details
Full Property Details for 5203 Gulf Dr
General
- Sold For: $1,705,000
- Taxes: $12,883 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 769972
- Added to Site: 316 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Utility Room
- Fireplace: Yes
- Fireplace(s): Gas
- Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Security System Owned, Fire Alarm
Exterior
- Exterior Features: Covered Patio, Deck
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Garage, Garage Door Opener
Location
- County: Bay
- Subdivision: Gulf Lagoon Beach
- Driving Directions: 5203 Gulf Dr. Gulf Dr. runs parallel to Thomas Dr on the East end of Thomas Dr. This home is located just West of Schooners Restaurant.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Coastal
- Construction: Wood Frame
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,500
- Lot Size: .29
- Lot Dimensions: 50 x 250
- Lot Features: Paved
Water Features
- Water Front: Yes
- Water Front Desc.: Shoreline - Sand, Shoreline - Natural
- Water Front View: Shoreline - Sand, Shoreline - Natural
Financial Considerations
- Tax Amount: $12,883
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: GULF LAGOON BEACH LOT 2 BLK 4 ORB 4118 P 2257
- Property ID: 32272-000-000
Listed by Counts Real Estate Group Inc
Sold by Keller Williams Success Realty
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Schools
Schools serving 5203 Gulf Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 2 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5203 Gulf Dr
Date
Details
Price
Change
Source
12/01/2025
Sold
$1,705,000
-18.81%
MLS
6/30/2025
Price Reduced
$2,100,000
-8.7%
MLS
3/05/2025
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5203 Gulf Drive, Panama City Beach, FL 32408 (MLS# 769972) is a Single Family property that was sold at $1,705,000 on December 01, 2025. Want to learn more about 5203 Gulf Drive? Do you have questions about finding other Single Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

