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$1,650,000

  • Sold
  • Closed
  • Vacant Land
  • 0.29 Acres
  • Updated 1 day ago
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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS A rare chance to own prime Gulf-front property in one of the most desirable stretches of Panama City Beach. This cleared 0.29-acre parcel sits directly beside from public beach access #7, offering unmatched visibility, walkability, and development potential. Zoned mixed-use, the property allows for a wide range of possibilities. With no HOA restrictions, public utilities near by, and paved road access, it's a straightforward site to bring your vision to life. Whether you're a developer, investor, or visionary builder and want to bring your dream home to life, 5403 Gulf Drive is your chance to create something extraordinary on Florida's Emerald Coast.

Full Property Details for 5403 Gulf Dr

General

  • Sold For: $1,650,000
  • Taxes: $10,695 (2024)
  • Status: Closed
  • Type: Vacant Land
  • Source: Bay_County
  • MLS ID: 778820
  • Added to Site: 394 day(s) ago

Location

  • County: Bay
  • Subdivision: Gulf Lagoon Beach
  • Driving Directions: From St. Andrews State Park, head west along Thomas Drive until you reach Hurt Street, then turn left that road leads directly to Gulf drive and run into the lot.

School Information

  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach

Utilities

  • Utility Description: Sewer Available

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.29
  • Lot Size (Sq. Ft.): 12,458
  • Lot Size: .29
  • Lot Dimensions: 50 x 250

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Gulf
  • Water Front View: Gulf

Financial Considerations

  • Tax Amount: $10,695
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: GULF LAGOON BEACH LOT 1 BLK 6 ORB 4073 P 2133
  • Property ID: 32282-000-000

Listed by Think Real Estate
Sold by Non-Member Office

Listing agent

— 5403 Gulf Dr —

  • Think Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5403 Gulf Dr

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.9 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.3 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-125.6 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 5403 Gulf Dr

Date
Details
Price
Change
Source
10/07/2026
Sold
$1,650,000
-9.34%
MLS
7/10/2026
Price Reduced
$1,820,000
-0.55%
MLS
6/10/2026
Price Reduced
$1,830,000
-0.54%
MLS
2/13/2026
Price Reduced
$1,840,000
-0.54%
MLS
9/10/2025
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Think Real Estate
Sold by Non-Member Office

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Recent Sales near 5403 Gulf Dr

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5403 Gulf Drive, Panama City, FL 32408 (MLS# 778820) is a Vacant Land property that was sold at $1,650,000 on October 07, 2026. Want to learn more about 5403 Gulf Drive? Do you have questions about finding other Vacant Land 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.