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$850,000
Monthly Est:$4,231
-- Bed
- -- Bath
0.1acre lot
5101 Gulf Dr #D, Panama City, FL 32408
$850,000
$4,231/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
0.1 acre lot
$8,500,000/acre
Description
Rare Gulf-Front Opportunity! Build your dream coastal retreat on this ready-to-build Gulf-front lot located at 5101 Gulf Drive in Panama City Beach. Enjoy panoramic views of the Gulf of Mexico, direct beach access, and an unbeatable location near Schooners and St. Andrews State Park. No HOA and utilities available. Perfect for a custom luxury home or vacation rental investment--one of the few remaining Gulf-front parcels in the area.
Perfectly positioned near Schooners, Patches Pub, and St. Andrews State Park, this Gulf-front property offers the perfect balance of privacy and convenience--just minutes from dining, marinas, and Panama City Beach's most desirable attractions.
Whether your vision is a custom luxury residence, a vacation retreat, or an income-producing investment, this ready-to-build homesite delivers the flexibility and freedom to bring your dream to life. With utilities available and no HOA restrictions, you can design and build to fully capture the panoramic Gulf views and coastal lifestyle.
Property Features: Direct Gulf-front parcel with sweeping Gulf views; Cleared and ready to build; Utilities available; No HOA restrictions; Ideal for a custom home or short-term rental investment; Prime location near restaurants, shops, and marinas
Opportunities to own true Gulf-front land in Panama City Beach are extremely limited. Schedule your private showing today and start planning your modern coastal masterpiece surrounded by emerald waters and endless sunsets.
- Houzeo last checked: 14 minutes ago
- Listing updated: October 19, 2026 at 1:02 pm
- Listing Provided by: Rachel Nichole Warrell DRE #SL3432761 | eXp Realty, LLC (850) 896-5899
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 781283

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
0.1 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
781283
MLS Status
Active
Days on Market
363
Cumulative Days on Market
348

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Other Features
Lot Features
Paved
Subdivision Name
Gulf Lagoon Beach
Price History
| Date | Event | Price |
|---|---|---|
04/29/2026 Source: | Listed for Sale | $899,000 +5.76% $0/sqft |
04/29/2026 Source: | Price Decreased | $850,000 -5.45% $0/sqft |
03/30/2026 Source: | Pending | $899,000 $0/sqft |
12/09/2025 Source: | Price Decreased | $899,000 -10.01% $0/sqft |
11/05/2025 Source: | Price Change | $999,000 $0/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Nov 04, 2026, 11:15PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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