$499,900
5012 Gulf Dr Apt 3, Panama City, FL 32408
- 3Beds
- 2Baths
- -SqFt
- 3Beds
- 2Baths
- -SqFt
- Property TypeCondo
- Year Built1973
- On highrises1 Day
Property Details
MORE PHOTOS COMING SOON! Rare opportunity to own a second-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 several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than 60 feet from the beach, making this unit highly desirable for both short-term rentals and personal use. The unit features updated LVP flooring with upgraded rubber backing, a functional layout, and durable, low-maintenance finishes. 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 rare opportunity for investors to acquire multiple units in the same small complex directly across from beach access - an opportunity that seldom 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 6 Dimensions: 12' x 12'
- Bedroom 7 Dimensions: 12' x 12'
- Bedroom 8 Dimensions: 12' x 12'
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Bedroom 3 Level: First
- Bedroom 4 Level: First
- Bedroom 5 Level: First
- Bedroom 6 Level: First
- Bedroom 7 Level: First
- Bedroom 8 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
