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5409 Gulf Drive
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PRICED AT ONLY: $4,500,000

Address: 5409 Gulf Drive, Panama City, FL 32408

Description

''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2025! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!

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More Like This
  • MLS#: 768512 ( Residential )
  • Street Address: 5409 Gulf Drive
  • Viewed: 129
  • Price: $4,500,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf,ShorelineSand,Waterfront
  • Year Built: 2015
  • Bldg sqft: 0
  • Bedrooms: 9
  • Total Baths: 7
  • Full Baths: 7
  • Days On Market: 257

Description

''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2025! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, CoveredPatio, OutdoorShower, Patio
  • Living Area: 4537.00
  • Roof: Metal
Land Information
  • Lot Features: Waterfront
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway
Eco-Communities
  • Pool Features: Fenced, Gunite, ElectricHeat, InGround, Pool, Private
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Electric: Volts220
  • Heating: Central
  • Road Frontage Type: CityStreet
  • Utilities: CableConnected, HighSpeedInternetAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Accessibility Features: AccessibleKitchenAppliances, AccessibleFullBath, AccessibleBedroom, AccessibleCommonArea, AccessibleClosets, AccessibleKitchen, AccessibleCentralLivingArea
  • Appliances: ConvectionOven, WasherDryerStacked, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, Washer
  • Furnished: Furnished
  • Legal Description: GULF LAGOON BEACH LOT 4 BLK 6 ORB 3979 P 618
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 32285-000-000
  • Style: Coastal
  • The Range: 0.00
  • View: Gulf
  • Views: 129
Nearby Subdivisions
[no Recorded Subdiv]   A W Pledger Panama City Beach   Alligator Point   Baltimore Beach   Banyan Beach   Bay Point Unit 1   Bel Air   Biltmore Beach   Biltmore Beach 1st Add   Bonita Point   Crescent Beach Unit 1   Cresent Bch Unit 1   Dragon's Ridge Corrctd   Emerald Pointe Resort   Finisterre   Gates At Sterling Cove   Grand Lagoon Banks   Grand Lagoon Pointe   Grand Lagoon Shores 2   Grand Lagoon Shores 7   Grand Lagoon Shores11   Grand Lagoon Shores12   Grand Lagoon Villa   Greentree Unit-1   Gulf Lagoon Beach   Gulf Pines   Gulf Pines U-3   Hadley's Beach   Hampton Harbor   Hidden Lagoon   Hidden Lagoon Villas   Hidden Pines Phase I   Hidden Pines Phase Ii   Hidden Pines Phase Vi   Holiday Beach On The Gulf   Holiday Beach Unit 1   Holiday Beach Unit 11   Holiday Beach Unit 12   Holiday Beach Unit 13   Holiday Beach Unit 14   Holiday Beach Unit 15   Holiday Beach Unit 16   Holiday Beach Unit 3   Holiday Beach Unit 4   Holiday Beach Unit 6   Holiday Beach Unit 7   Holiday Beach Unit 8   Indigo At Front Beach   Lagoon Estates   Lagoon Heights   Lagoon Manor   Lagoon Oaks   Landward Townhouses   Leeward Tower Townhouse   Legend Lakes   Magnolia Bay Club   Magnolia Beach   Marlin Place   Martinique   Martinique Phase Ii   Martinique Phase Iii   Merglewski Retreats   Mimosa Place   Misty Harbour Condo.   No Named Subdivision   North Lagoon Heights   North Lagoon Oaks   North Lagoon Oaks 2nd   North Lagoon Oaks 6th Add   North Lagoon Oaks 7th Add   Northwood Estates   Northwoods Estates 1st Add   Palm Bay Unit 4   Panama Dunes   Pelican Bay   Pines 4th Add   Pines 5th Add   Pines Subdivision   Point Royal Homes Unit 1   Preserve On The Bay Ph I   Preserve On The Bay Ph Ii   Preserve On The Bay Ph Iii-a   Sago Park Townhomes   Sanctuary Beach   Silver Sands Beach   Silver Sands Unit 1   Silver Sands Unit 2   Sugar Shack Condo   Summerplace Townhouses   Thomas Drive Park U-1   Treasure Cove   Treasure Cove Unit 1   Treasure Cove Unit 2   Treasure Island   Treasure Palms   Venture Out   Venture Out Travel Trail   Villas Of Panama   Whispering Pines  
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