For Sale
Single family home for sale at 5409 Gulf Dr, Panama City, FL 32408 | MLS# 784135 | Listing updated on 2026-09-29
Photo 1 of Single family home for sale at 5409 Gulf Dr, Panama City, FL 32408 | MLS# 784135 | Listing updated on 2026-09-29
Photo 2 of Single family home for sale at 5409 Gulf Dr, Panama City, FL 32408 | MLS# 784135 | Listing updated on 2026-09-29
Photo 3 of Single family home for sale at 5409 Gulf Dr, Panama City, FL 32408 | MLS# 784135 | Listing updated on 2026-09-29
Photo 4 of Single family home for sale at 5409 Gulf Dr, Panama City, FL 32408 | MLS# 784135 | Listing updated on 2026-09-29
50+
Beds Icon

Street View

$3,750,000

Monthly Est:$18,665

  • Beds Icon9 Beds
  • Beds Icon
    7 Baths
  • Beds Icon4,537sqft

5409 Gulf Dr, Panama City, FL 32408

$18,665/moEst:

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  • Single Family Residence

  • Built in 2015

  • $-- HOA

  • 0.29 acre lot

  • $827/sq.ft

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 2026! 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!

  • Houzeo last checked: 4 minutes ago
  • Listing updated: September 29, 2026 at 3:36 am
  • Listing Provided by: Fred W Thomas (850) 832-8695 | Beach Time Realty, Inc (850) 381-3156
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 784135 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    3

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    2015

  • HOA Fees

    -

  • Finished Area

    4,537 sqft

  • Lot Size

    0.29 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    784135

  • MLS Status

    Active

  • Days on Market

    257

  • Cumulative Days on Market

    247

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 9

    Bathrooms: 7

  • DiningRoom

    Level: First

    Area: 220.88 Square Feet

    Dimensions: 16.67 x 13.25

  • Kitchen

    Level: First

    Area: 270.89 Square Feet

    Dimensions: 16.67 x 16.25

  • FamilyRoom

    Level: Second

    Area: 430.31 Square Feet

    Dimensions: 21.25 x 20.25

  • LivingRoom

    Level: First

    Area: 446.25 Square Feet

    Dimensions: 21 x 21.25

  • Bedroom

    Level: Second

    Area: 162.50 Square Feet

    Dimensions: 13 x 12.5

  • Bedroom

    Level: Second

    Area: 183.72 Square Feet

    Dimensions: 14.5 x 12.67

  • Bedroom

    Level: Second

    Area: 180.55 Square Feet

    Dimensions: 14.25 x 12.67

  • Bedroom

    Level: First

    Area: 202.87 Square Feet

    Dimensions: 16.67 x 12.17

  • Bedroom

    Level: First

    Area: 163.88 Square Feet

    Dimensions: 14.25 x 11.5

Interior

  • Exterior Features

    Covered Patio, Deck, Patio, Outdoor Shower

  • Interior Features

    Balcony, Double Vanity, Separate Shower, Walk In Closets

  • Appliances

    Convection Oven, Washer Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater

  • Sewer

    Public Sewer

  • Window Features

    Double Pane Windows, Storm Windows

  • Heating

    Central

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 2015

  • Home type

    Single Family Residence

  • Architectural Style

    Coastal

  • Foundation Details

    Pillar Post Pier

  • Construction Materials

    Hardiplank Type

  • Roof

    Metal

Utilities & Energy

  • Pool Features

    Fenced, Gunite, Electric Heat, In Ground, Private

  • Laundry Features

    Stacked

  • Utilities

    Cable Connected

  • Security Features

    Fire Alarm

Other Features

  • Community Features

    Short Term Rental Allowed

  • Patio And Porch Features

    Balcony, Deck, Covered, Patio

  • Subdivision Name

    [no Recorded Subdiv]

Price History

DateEventPrice

01/24/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #784135

Listed for Sale

$4,490,000 +19.73%

$990/sqft

01/24/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #784135

Price Decreased

$3,750,000 -16.67%

$827/sqft

02/08/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #768512

Off Market

$4,500,000

$992/sqft

02/08/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #768512

Listed for Sale

$4,500,000

$992/sqft

Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 11:30AM. 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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