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5115 Gulf Dr Unit 402, Panama City Beach, FL, 32408

$465,000

Home List Price

$5,522*

Closing Credit

1 Bedroom
2 Full Baths
883 SqFt
$527/SqFt
Condo
Schools Nearby

Location

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5115 Gulf Dr Unit 402, Panama City$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2006
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #751841
StatusActive

About 5115 Gulf Dr Unit 402

Enjoy the modern coastal feel of this recent and beautifully updated unit right here in the heart of Panama City Beach. After you are greeted by the stunning views of the famous Emerald Green waters. You can sit back and relax on your 4th floor balcony while listening to the sweet sounds of the waves crashing against the shore.Have peace of mind knowing that this turn key unit is equipped and ready for you with $10k worth of updates such as, brand new furniture and decor, new floors in the main bedroom, fresh paint throughout, new light fixtures, and a brand new washer and dryer. This fully-furnished turn key unit is perfect for whether you plan to rest your head here every night, use as a 2nd home, or on vacation rental program. Seychelles is a well established complex,

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Lucky Palms Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Coffered Ceiling(s), New Paint

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

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: From Front Beach Rd. and Thomas Dr. at Hathaway Bridge go S. on Thomas Dr. past Captain Andersons and right after the curve, turn left onto Huff St. and then a right onto Gulf Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $527/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.

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Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

5115 Gulf Dr Unit 402 vs Panama City

32 DAYS ON ROCKET

-50 Days

$465,000

+$117.8K More

$527/SqFt

+$323 More

KEY TAKEAWAY

This property is $117.8K more than the Median Sold Price and $323/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: #751841

Listing Office:

  • Office Name: Lucky Palms Realty

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, 5:25:19 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

Nov 03, 2016Home Sold
$197,000
Jan 04, 2011Home Sold
$169,500
Feb 27, 2009Home Sold
$180,000

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

$3,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-2901702
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.08 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2901703
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 7.51 miles

  • Public District Grades 6-8

High School

school-card-donut-2901704
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.62 miles

  • Public District Grades 9-12

All data from GreatSchools

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. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5115 Gulf Dr Unit 402

What is the listing price of this property?

The listing price of 5115 Gulf Dr Unit 402 property is $465,000.

What type of property is this?

The property 5115 Gulf Dr Unit 402 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5115 Gulf Dr Unit 402 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 402 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 November 3, 2016 for $197,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5115 Gulf Dr Unit 402 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 5115 Gulf Dr Unit 402 is 883 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5115 Gulf Dr Unit 402 is 2006.

Rocket Homes›Florida›Bay County›Panama City›32408›5115 Gulf Dr Unit 402

This home is located at 5115 Gulf Dr Unit 402 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 27, 2024 and is currently priced at $465,000.

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

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

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