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
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See how this home compares to others in Panama City, FL.
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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
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school1.91 miles
Public District Grades PK-5
Middle School
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school7.30 miles
Public District Grades 6-8
High School
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school5.42 miles
Public District Grades 9-12
Assigned Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school1.91 miles
Public District Grades PK-5
Nearby Schools
9
/10
University Academy (Sabl, Inc.)
4750 Collegiate Dr
Distance between this listing and this school3.80 miles
Public Charter Grades KG-4
2
/10
Lucille Moore Elementary School
1900 Michigan Ave
Distance between this listing and this school4.10 miles
Public District Grades PK-5
Assigned Schools
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school7.30 miles
Public District Grades 6-8
Nearby Schools
6
/10
Breakfast Point Academy
601 North Richard Jackson Blvd
Distance between this listing and this school4.71 miles
Public District Grades PK-8
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school5.24 miles
Public Charter Grades 6-8
Assigned Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school5.42 miles
Public District Grades 9-12
Nearby Schools
9
/10
North Bay Haven Career Academy
1104 Balboa Ave
Distance between this listing and this school5.24 miles
Public Charter Grades 9-12
6
/10
Bay Virtual Franchise
1311 Balboa Ave
Distance between this listing and this school5.25 miles
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 7/10Surfside Middle School: GreatSchools Rating 5/10J.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).
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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.