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  • Central Bay Realty & Property Management
    732 Ohio Ave
    Lynn Haven, FL 32444
    (850) 257-5016
    centralbayrealstate@gmail.com

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      $419,000
      For Sale

      5012 Gulf Drive #2

      Panama City, FL 32408
      2 beds | 2 baths | #783407
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      45 photos
      Type:Purchase
      Structure:Condo
      Zone:Residential

      Description

      OPEN HOUSE THIS SATURDAY & SUNDAY JAN 10TH & 11TH 2026 FROM 1 -4PM -Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUBLIC BEACH ACCESS! Or all ! Simply walk out your front door and you are less than 60 feet from the sand, making this unit extremely attractive for short term rentals and personal use alike. NO HOA but shared access and maintenance agreement between 4 units. Short term rentals allowed. Large private deck and pool on site. These units are truly a one of a kind opportunity! This ground floor layout is exactly what renters want and owners appreciate, offering easy access with no stairs and immediate proximity to the beach. Located at the end of a quiet cul de sac with no thru traffic, the setting provides a rare balance of privacy and convenience that consistently drives strong rental demand. The unit features updated LVP flooring with upgraded rubber backing, a functional and efficient layout, and durable finishes designed for low maintenance ownership. The building has seen major improvements including solid all brick construction with dual layers of elastomeric stucco and paint, a 2024 standing seam metal roof, updated windows and doors, and water heaters replaced in 2021. Two assigned parking spaces convey with the unit. Walkable to popular beachfront dining including Schooners and positioned directly across from one of the widest public beach access points in PCB. Updated ground floor condos this close to the beach with no HOA, rental flexibility, and a community pool rarely come available. Ideal for investors looking to scale a beach rental portfolio in one location or buyers seeking a simple, low hassle beach property they can actually use and enjoy. Units #1, #3, and #4 are currently also listed for sale, offering an investor the unique opportunity to acquire the entire building.

      • Property Details
          • Utility FeaturesElectricity Available
          • Sewer InformationPublic Sewer
          • Short SaleListed As Is
          • Property SubtypeCondominium
          • PoolCommunity
          • Pool FeaturesCommunity
          • Property TypePurchase
          • StyleLow Rise
          • Elementary SchoolPatronis
          • Original List Price$419,000
          • Cost419000.0
          • High SchoolArnold
          • MLS #783407
          • MLS #783407
          • Lot DescriptionPaved
          • Exterior MaterialsPatio
          • ViewGulf
          • Year Built1973
          • Taxes Annual$738
          • Bathrooms2.0
          • CountyBay
          • Bedrooms2
          • Full Baths2
          • Stories2
          • Days on Market (Cumulative)2

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      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      Last Updated: Today at 5:10 PM. Source: CPAR

      Provided By
      Listing Agent: Kerry J Jackson (#B7692)
      Listing Office: LPT Realty LLC (#LPTR)

      Steve Boulay & Kristi Lawson | Central Bay Realty & Property ManagementReal Estate Group
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