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$395,000 Just Listed
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Property Description
Incredible value for this turnkey 1BD/2BA Gulf-front condo at Seychelles! Perfect timing to capture the upcoming high rental season. Even better, quarterly HOA dues cover ALL utilities -- including electricity, WiFi, cable, and water, making ownership simple and predictable. This beautifully maintained condo lives large, open, and bright. Expansive 9' sliding glass doors flood the living area with natural Florida sunshine while showcasing panoramic views of the dazzling white sand beaches and emerald Gulf waters. Step onto the private balcony to enjoy tranquil sea breezes and breathtaking views -- the ultimate setting for relaxed coastal living. Owners have spared no expense maintaining and updating this special property. Luxury vinyl plank flooring throughout and stainless steel appliances create a modern, low-maintenance interior. Offered fully furnished and rental-ready, this unit comfortably sleeps six with a king bed in the primary bedroom, built-in hallway bunks, and a sleeper sofa. Perfectly positioned within the building at an ideal elevation -- not too high and not too low -- providing exceptional views and convenient access. Located in the amenity-rich Seychelles Beach Resort, residents and guests enjoy: two Gulf-front pools & hot tub, fitness center, conference room, covered parking garage with walkover access, optional onsite rental program & management, and strong security Ideally located near St. Andrews State Park, along with numerous dining, shopping, and entertainment options. Whether you're looking for a performing investment property or your own beachfront getaway, this condo delivers the best of Panama City Beach living on the World's Most Beautiful Beaches. All measurements to be verified by buyer.
Full Property Details
Full Property Details for 5115 Gulf Dr #1403
General
- Price: $395,000
- Taxes: $3,553 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 786857
- Updated: 3/16/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Coffered Ceiling(s)
- Appliances: Convection Oven, Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Other, See Remarks
- Pool: Yes
- Pool Description: In Ground, Community
- Spa Description: Community
- Security/Safety: Fire Alarm, Smoke Detector(s), Security Service
Exterior
- Porch/Patio/Deck: Balcony
Location
- County: Bay
- Subdivision: Seychelles Resort Condominium
- Driving Directions: From Front Beach Road and Thomas Drive at Hathaway Bridge go south on Thomas Drive past Captain Andersons and right around the curve. Turn left down Huff St and right onto Gulf Drive. The parking garage is across the street on Gulf Drive.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available, Phone Connected
Structural Information
- Architectural Style: High Rise
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 2006
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Bay, Gulf, Lagoon
- Lot Dimensions: CONDO
- Lot Features: Sprinkler System
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf
- Water Front View: Gulf
Financial Considerations
- Tax Amount: $3,553
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: SEYCHELLES RESORT CONDOMINIUM UNIT 1403 TYPE B ORB 2898 P 1832 1BR/BUNK/2BA . 883 SQ.FT
- Property ID: 31437-400-119
Listed by Keller Williams Realty Emerald
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Schools
Schools serving 5115 Gulf Dr #1403
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 2.1 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.5 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5115 Gulf Dr #1403
Date
Details
Price
Change
Source
3/16/2026
Listed
$395,000
51.92%
MLS
3/12/2007
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5115 Gulf Dr #1403
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,513
-5%
$324,000
-15%
2024
$3,680
2%
$379,100
—
2023
$3,606
53%
$379,100
84%
2021
$2,351
-23%
$205,912
-39%
2022
$3,056
30%
$335,750
75%
2021
$2,351
25%
$191,462
29%
2019
$1,874
-16%
$148,835
-15%
2018
$2,232
2%
$175,100
3%
2017
$2,182
1%
$170,000
3%
2016
$2,152
4%
$164,645
10%
2015
$2,079
6%
$149,390
10%
2014
$1,960
32%
$135,809
10%
2013
$1,482
—
$123,463
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5115 Gulf Dr #1403
5115 Gulf Drive #1403, Panama City, FL 32408 (MLS# 786857) is a Condo property with 1 bedroom and 2 full bathrooms. 5115 Gulf Drive #1403 is currently listed for $395,000 and was received on March 16, 2026. Want to learn more about 5115 Gulf Drive #1403? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

