2 months on rocket

5403 Gulf Dr, Panama City Beach, FL, 32408

$2,300,000

0.29 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #752296
Lot Size0.29 Acres
StatusActive

About 5403 Gulf Dr

INVESTOR ALERT - OWNER FINANCE ! MULTI-USE PROPERTYzoned SR-2 for commercial and residential use!SUGAR WHITE BEACH in one of the best locations for STR investment or second home bliss. Walk out your back door to the crystal white sand and azure blue water of heaven. Sit on your back deck and listen to the waves crash. Open your windows and hear the gulf lull you to sleep. Ample parking and no HOA makes it that much better. Close to everything! 3 minutes to St. Andrew's State Park, 4 minutes to Cpt. Anderson's and Grand Mariner. 20 minutes to Pier Park shopping and restaurants and less than 10 minutes to Hathaway Bridge and Panama City. Build 2, 3 or even 4 story beach home with multiple rental properties in one amazing location.

Property Details

Property Features

Listing Office:

  • Office Name: Think Real Estate

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

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 Thomas Drive along the Gulf, turn south onto Hurt St and go to the end of the block - lot is directly in front.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000

Tax Information:

  • Annual Amount: $5,477
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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

5403 Gulf Dr vs Panama City

82 DAYS ON ROCKET

-0 Day

$2,300,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #752296

Listing Office:

  • Office Name: Think Real Estate

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, 7:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,477$460,391
2018$3,861$299,198
2017$3,461$277,241

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-2954529
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.91 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2954530
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 7.30 miles

  • Public District Grades 6-8

High School

school-card-donut-2954531
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.42 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 5403 Gulf Dr

What is the listing price of this property?

The listing price of 5403 Gulf Dr property is $2,300,000.

What type of property is this?

The property 5403 Gulf Dr is land located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5403 Gulf Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5403 Gulf Dr 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 $5,477 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5403 Gulf Dr is 0.29 acres.
Rocket Homes logo

Interested in 5403 Gulf Dr? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesFloridaBay CountyPanama City324085403 Gulf Dr

This home is located at 5403 Gulf Dr in Panama City Beach, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This home sits on a 0.29 acre lot. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $2,300,000.

In March 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 63 were sold right at the asked price. Between February 2024 and March 2024, Panama City, FL real estate market has seen increase in the number of listings by 3.2%. 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.

More Resources