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Land for sale at 5101 Gulf Dr #D, Panama City, FL 32408 | MLS# 781283 | Listing updated on 2026-10-19
Photo 1 of Land for sale at 5101 Gulf Dr #D, Panama City, FL 32408 | MLS# 781283 | Listing updated on 2026-10-19
Photo 2 of Land for sale at 5101 Gulf Dr #D, Panama City, FL 32408 | MLS# 781283 | Listing updated on 2026-10-19
Photo 3 of Land for sale at 5101 Gulf Dr #D, Panama City, FL 32408 | MLS# 781283 | Listing updated on 2026-10-19
Photo 4 of Land for sale at 5101 Gulf Dr #D, Panama City, FL 32408 | MLS# 781283 | Listing updated on 2026-10-19
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$850,000

Monthly Est:$4,231

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon0.1acre lot

5101 Gulf Dr #D, Panama City, FL 32408

$4,231/moEst:

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  • 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 attract
ions.
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 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama 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

DateEventPrice

04/29/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #781283

Listed for Sale

$899,000 +5.76%

$0/sqft

04/29/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #781283

Price Decreased

$850,000 -5.45%

$0/sqft

03/30/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #781283

Pending

$899,000

$0/sqft

12/09/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #781283

Price Decreased

$899,000 -10.01%

$0/sqft

11/05/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #781283

Price Change

$999,000

$0/sqft

Nearby Homes

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®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC

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