13 days on rocket

5115 Gulf Dr Unit 2203, 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 2203, Panama City$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered
Garage1 space
Year Built2006
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #756667
StatusActive

About 5115 Gulf Dr Unit 2203

What do I like about this spectacular 1BR + 2BA condo? It is one of the most ''LIVABLE'' condos in PCB! It is a PENTHOUSE unit (no guests above). Seychelles is a single-tower, mid-density resort (fewer guests). It is located on the quiet east end of the beach near St Andrews State Park. Yet, it is within walking distance of 2 marinas, next door to Schooners and within walking distance of Patches, Captain Andersons, and Grand Marlin. Additionally, amenities include: 2 gulf front pools with hot tubs, an exercise facility, parking garage with gated entry, enclosed walk over from garage to units, and secured entrance to the building.Additionally, this has NOT BEEN A SHORT-TERM RENTAL CONDO. The owners have lived here full-time since 2017 and have upgraded the condo throughout. It features new kitchen cabinets with quartz countertops and a new sink, faucet, and backsplash. All of the kitchen appliances were upgraded to stainless in 2023 along with a new washer/dryer combo. The master bath was upgraded with a totally new tub/shower combo. Gorgeous LVP flooring was installed in the master bedroom in 2022. And, the owners replaced the water heater in 2013 and the HVAC in 2019. Unique custom carved balcony chairs round out their upgrades.Seychelles also features lower HOA fees that include cable TV, WiFi, water, trash and one of the few that includes ELECTRICITY! Don't miss out on this unique opportunity to own this incredible Gulf Front Condo! Buyer should verify all important information and measurements.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: The Premier Property Group

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Flooring Type: Plank, Tile, Vinyl
  • Interior: Breakfast Bar, New Paint, Remodeled, Storage, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • 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: From Hwy 98, take Thomas Dr toward Beach area, left on Hull. Building is located next to Schooner on East side and West of Treasure Island

Price Information

Listing Price Info

Price Summary:

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

HOA Fees:

  • Amount: $2370
  • 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

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

5115 Gulf Dr Unit 2203 vs Panama City

13 DAYS ON ROCKET

-48 Days

$465,000

+$117.3K More

$527/SqFt

+$322 More

KEY TAKEAWAY

This property is $117.3K more than the Median Sold Price and $322/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: #756667

Listing Office:

  • Office Name: The Premier Property Group

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: 5/18/2024, 7:20:36 PM 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$2,197$191,462
2018$2,231$175,100
2017$2,182$170,000

History based on county public records data.

Payment Calculator

$3,178

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-3444083
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.08 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3444084
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 7.51 miles

  • Public District Grades 6-8

High School

school-card-donut-3444085
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 most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5115 Gulf Dr Unit 2203

What is the listing price of this property?

The listing price of 5115 Gulf Dr Unit 2203 property is $465,000.

What type of property is this?

The property 5115 Gulf Dr Unit 2203 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5115 Gulf Dr Unit 2203 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 2203 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).

How many bedrooms and bathrooms does this property have?

The property at 5115 Gulf Dr Unit 2203 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 5115 Gulf Dr Unit 2203 is 883 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5115 Gulf Dr Unit 2203 is 2006.

Rocket Homes›Florida›Bay County›Panama City›32408›5115 Gulf Dr Unit 2203

This home is located at 5115 Gulf Dr Unit 2203 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 May 05, 2024 and is currently priced at $465,000.

While more than 30 listings in Panama City, FL in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 130 were sold below. In April 2024 in Panama City, FL there were 4.7% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $347,653, while the average time on the real estate market was 61 days.

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

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