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5115 Gulf Dr Unit 2204, Panama City Beach, FL, 32408

$440,000

Home List Price

$5,225*

Closing Credit

1 Bedroom
2 Full Baths
883 SqFt
$498/SqFt
Condo
Schools Nearby

Location

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5115 Gulf Dr Unit 2204, Panama City$440,000

Buyer Closing Credits

$5,225*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Year Built2006
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #753805
StatusActive

About 5115 Gulf Dr Unit 2204

Welcome home to your penthouse unit at the coveted Seychelles Resort! The breathtaking views from the twenty-second floor are a daily masterpiece, painting the sky with sunrise and sunset that will have you and your guests reluctant to leave. The primary bedroom is a sanctuary with its own private bathroom, offering a retreat within your own coastal haven for renters and family alike. Plus, with an additional bathroom and bunk beds in the hallway, this one-bedroom condo can comfortably sleep up to 5 people.The kitchen is a dream with its gorgeous stainless steel appliances, and every meal preparation is accompanied by the backdrop of the mesmerizing views that extend into the living room. Step onto your expansive balcony, where the emerald green waters stretch out before you, enhanced by the cool ocean breeze.Seychelles boasts an exceptional location on the east end of Thomas Drive, ensuring that your beachfront escape is not only luxurious but also conveniently situated. Nestled right next door to the highly popular beachfront restaurant, Schooners, you have a delectable dining destination just steps away.The HOA goes beyond convenience, covering all utilities, including electricity, and granting access to extraordinary amenities. Dive into relaxation with two gulf-front pools, unwind in the inviting hot tub, and stay active in the on-site gym.So, say goodbye to the ordinary and hello to the extraordinary. This condo is more than just a home; it's your ticket to laid-back luxury and endless good vibes. Your beachside dream is calling - come on in!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2006
  • Living Area: 883 SqFt

Listing Office:

  • Office Name: Salty Marlin Realty LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Interior: High Ceilings, Pantry, Recessed Lighting, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Hot Tub/Spa, Outdoor Grill, Pool

Parking Information:

  • Parking: Covered

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Thomas dr Turn by Schooners Right next door

Price Information

Listing Price Info

Price Summary:

  • List Price: $440,000
  • Price Per SqFt: $498/SqFt

HOA Fees:

  • Amount: $1959
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,197
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

5115 Gulf Dr Unit 2204 vs Panama City

50 DAYS ON ROCKET

-32 Days

$440,000

+$92.8K More

$498/SqFt

+$294 More

KEY TAKEAWAY

This property is $92.8K more than the Median Sold Price and $294/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #753805

Listing Office:

  • Office Name: Salty Marlin Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 11:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 07, 2018Home Sold
$232,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,197$191,462
2018$2,231$175,100
2017$2,182$170,000

History based on county public records data.

Payment Calculator

$2,917

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,386

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3072619
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.08 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3072620
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 7.51 miles

  • Public District Grades 6-8

High School

school-card-donut-3072621
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.62 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. The majority of Panama City, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5115 Gulf Dr Unit 2204

What is the listing price of this property?

The listing price of 5115 Gulf Dr Unit 2204 property is $440,000.

What type of property is this?

The property 5115 Gulf Dr Unit 2204 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5115 Gulf Dr Unit 2204 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5115 Gulf Dr Unit 2204 are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,197 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 7, 2018 for $232,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5115 Gulf Dr Unit 2204 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 5115 Gulf Dr Unit 2204 is 883 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5115 Gulf Dr Unit 2204 is 2006.

Rocket HomesFloridaBay CountyPanama City324085115 Gulf Dr Unit 2204

This home is located at 5115 Gulf Dr Unit 2204 in Panama City Beach, FL and zip code 32408. This 883 square foot home was built in 2006. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $440,000.

Panama City, FL housing market in March 2024 saw over 13 listings sold above listed price, more than 63 sold at listed price and over 120 sold below. The number of homes for sale in Panama City, FL increased by 3.2% between February 2024 and March 2024. In March 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $347,126.

From Rocket Homes Real Estate and based on county public records data.

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