For Sale
Single family home for sale at 5516 Gulf Dr, Panama City, FL 32408 | MLS# 794031 | Listing updated on 2026-08-14
Photo 1 of Single family home for sale at 5516 Gulf Dr, Panama City, FL 32408 | MLS# 794031 | Listing updated on 2026-08-14
Photo 2 of Single family home for sale at 5516 Gulf Dr, Panama City, FL 32408 | MLS# 794031 | Listing updated on 2026-08-14
Photo 3 of Single family home for sale at 5516 Gulf Dr, Panama City, FL 32408 | MLS# 794031 | Listing updated on 2026-08-14
Photo 4 of Single family home for sale at 5516 Gulf Dr, Panama City, FL 32408 | MLS# 794031 | Listing updated on 2026-08-14
45+
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Street View

$1,499,000

Monthly Est:$7,461

  • Beds Icon4 Beds
  • Beds Icon
    4 Baths
  • Beds Icon2,414sqft

5516 Gulf Dr, Panama City, FL 32408

$7,461/moEst:

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  • Single Family Residence

  • Built in 2019

  • $-- HOA

  • 0.13 acre lot

  • $621/sq.ft

Description

First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home.

There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor o...

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  • Houzeo last checked: 1 minute ago
  • Listing updated: August 14, 2026 at 1:23 am
  • Listing Provided by: Tracy Gaspard DRE #3257851, Carl E Allen (850) 960-8808 DRE #3168405 | Counts Real Estate Group Inc (850) 249-1414
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 794031 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    2

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    2019

  • HOA Fees

    -

  • Finished Area

    2,414 sqft

  • Lot Size

    0.13 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    794031

  • MLS Status

    Active

  • Days on Market

    36

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 4

  • Bedroom

    Level: Second

    Area: 120.00 Square Feet

    Dimensions: 12 x 10

  • Bedroom

    Level: Second

    Area: 132.00 Square Feet

    Dimensions: 12 x 11

  • PrimaryBedroom

    Level: Second

    Area: 238.00 Square Feet

    Dimensions: 17 x 14

  • PrimaryBedroom

    Level: First

    Area: 238.00 Square Feet

    Dimensions: 17 x 14

  • Kitchen

    Level: First

    Area: 144.00 Square Feet

    Dimensions: 12 x 12

  • LivingRoom

    Level: First

    Area: 360.00 Square Feet

    Dimensions: 20 x 18

Interior

  • Exterior Features

    Covered Patio, Deck

  • Interior Features

    Balcony, Double Vanity, Interior Steps, Main Level Primary, Separate Shower, Walk In Closets

  • Cooling

    Central Air, Ceiling Fans

  • Appliances

    Electric Cooktop, Electric Oven, Ice Maker

  • Sewer

    Public Sewer

  • Heating

    Central

Construction

  • Year Built

    Year Built: 2019

  • Home type

    Single Family Residence

  • Architectural Style

    Coastal

  • Roof

    Metal

Utilities & Energy

  • Pool Features

    Electric Heat, In Ground, Private

  • Security Features

    Smoke Detectors

  • Utilities

    Electricity Available, Natural Gas Available

Other Features

  • Community Features

    Short Term Rental Allowed

  • Lot Features

    Paved

  • Subdivision Name

    Gulf Lagoon Beach

  • Patio And Porch Features

    Balcony, Deck, Covered, Porch

Price History

DateEventPrice

08/14/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #794031

Listed for Sale

$1,499,000

$621/sqft

Getting Around 5516 Gulf Dr

Bike Score®

Bike Score

Somewhat Bikeable

43/100

Walk Score®

Walk Score

Car-Dependent

47/100

Data provided by Redfin

Based on information from Central Panhandle Association of REALTORS® MLS through Sep 20, 2026, 12:00AM. 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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