$499,900
5012 Gulf Dr Apt 1, Panama City, FL 32408
- 3Beds
- 2Baths
- -SqFt
- 3Beds
- 2Baths
- -SqFt
- Property TypeCondo
- Year Built1973
- On highrises1 Day
Property Details
Rare opportunity to own a ground-floor 3 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 a few restaurants including Schooners. Simply walk out your front door and you're less than 60 feet from the beach, making this unit extremely attractive for short-term rentals and personal use alike. The unit features updated LVP flooring with upgraded rubber backing, a functional layout, and durable finishes designed for low-maintenance ownership. 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 unique chance for investors to acquire multiple units in the same small complex directly across from beach access - an opportunity that rarely comes available in this area at this price point. Ideal for investors looking to scale a beach rental portfolio in one location.
Property Features
Bedrooms
- Bedrooms: 3
- Bedroom 1 Dimensions: 8' x 9'
- Bedroom 2 Dimensions: 12' x 12'
- Bedroom 3 Dimensions: 12' x 12'
- Bedroom 4 Dimensions: 12' x 12'
- Bedroom 5 Dimensions: 12' x 12'
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Bedroom 3 Level: First
- Bedroom 4 Level: First
- Bedroom 5 Level: First
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- KERRY Jayne JACKSON
- state license#0695578
- Brokered by:
- LPT Realty LLC
- (877) 366-2213
Also at 5012 Gulf Dr
