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$385,900
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Property Description
Some beachfront condos sell because they're on the beach. Others stand out because of what buyers experience the moment they walk through the door. Seychelles 1403 is one of those properties. Positioned in the desirable mid-stack of the building, this beautifully maintained Gulf-front residence captures the sweeping views buyers come to Panama City Beach for while offering a floor plan that keeps the emerald waters and sugar-white sand beaches front and center. Expansive 9-foot sliding glass doors flood the living area with natural Florida sunshine and frame breathtaking panoramic Gulf views, creating a bright, open atmosphere that immediately feels like a true coastal retreat. Step onto the private Gulf-front balcony and enjoy the sights and sounds of the beach below. Whether you're starting your day with a cup of coffee or unwinding after an afternoon on the sand, the Gulf provides the perfect backdrop for relaxed beachfront living. Unlike many competing properties, this condo has been exceptionally well maintained and thoughtfully refreshed, allowing the next owner to begin enjoying it immediately without the need for costly updates or renovations. Recent improvements include new televisions in both the living room and bedroom, all-new rugs throughout the condo and on the balcony, and a complete deep cleaning, ensuring a fresh, turnkey presentation. Luxury vinyl plank flooring throughout and stainless-steel appliances provide a clean, modern, and low-maintenance interior. Offered fully furnished and rental-ready, the condo comfortably accommodates up to six guests with a king-sized bed in the primary suite, built-in hallway bunks, and a sleeper sofa in the living room. Whether you're seeking a personal beachfront getaway, second home, or income-producing investment property, the flexible floor plan is designed to meet a variety of ownership goals. Adding even more value, quarterly HOA dues cover all major utilities, including electricity, water, cable, and WiFi, helping simplify ownership costs and making budgeting more predictable. Located within the amenity-rich Seychelles Beach Resort, owners and guests enjoy two Gulf-front pools, a hot tub, fitness center, conference room, covered parking garage with convenient walkover access, optional onsite rental management, and strong building security. The resort's reputation with vacationers, combined with its location on the quieter east end of Panama City Beach near St. Andrews State Park, continues to make it a favorite destination for repeat visitors year after year. Conveniently located near dining, shopping, entertainment, boating, fishing, and outdoor recreation, Seychelles offers the perfect combination of beachfront tranquility and easy access to everything Panama City Beach has to offer. Whether you're searching for a proven investment property or your own slice of paradise on the World's Most Beautiful Beaches, Seychelles 1403 delivers the combination buyers value most: spectacular Gulf views, turnkey condition, outstanding amenities, all-inclusive HOA coverage, and a location that continues to attract owners and guests alike. All measurements and information are deemed reliable but should be verified if important.
Full Property Details
Full Property Details for 5115 Gulf Dr #1403
General
- Price: $385,900
- Taxes: $3,553 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 786857
- Updated: 6/11/2026
- Added to Site: 105 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Coffered Ceiling(s), Main Level Primary, Tub Shower
- Appliances: Convection Oven, Electric Range, Electric Water Heater
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
5/07/2026
Price Reduced
$385,900
-2.3%
MLS
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 $385,900 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.

