Address
5115 Gulf Drive 507, Panama City, FL
Price
$ 388,000
Property Attributes
- MLS#785505
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodSeychelles Resort Condominium
- Zip32408
- Style
- Year Built2006
- Taxes$ 3553
- Price$ 388,000
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage883
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Here's your front-row seat to 200 feet of pristine white sand and the Gulf of Mexico at Seychelles, tucked away on Panama City Beach's quieter east end. The desirable 5th-floor location is favored by vacationers for its perfect balance--low enough for quick access to the beach and amenities without waiting for the elevator, yet high enough to offer privacy and stunning views. This 1BR/2BA condo with a master suite and bunks comfortably sleeps six. The space is bright and airy, featuring 9' ceilings, 8' glass doors leading to the balcony, and tile flooring throughout for effortless maintenance. Enjoy sweeping views of Panama City Beach's iconic sugar-white sands and emerald waters from the spacious balcony or living area. The kitchen boasts stainless steel appliances, solid surface counters, and solid wood cabinets, while both bathrooms showcase elegant marble vanities. Seychelles' resort amenities are exceptional: two Gulf-front pools (one heated seasonally), a hot tub, dune walkover, fully-equipped fitness center, community room, high-speed elevators, and secure, gated parking in a covered garage--all surrounded by lush tropical landscaping. Located just steps from Schooners and minutes from St. Andrews State Park, golf, marinas, shopping, dining, and entertainment, this condo is perfectly positioned for both relaxation and adventure. The inclusive HOA covers utilities - electricity, WiFi, cable, water, and sewage - making ownership worry-free. Whether as a vacation home or a short-term rental, this condo is the perfect gateway to the best of Panama City Beach. Don't miss your chance to own this beachfront paradise!
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 2/19/2026 | Listed $388,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,Clubhouse,Fitness Center,Pool,Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Seychelles Resort Condominium |
| Status | Active |
| Directions | Take Thomas Drive heading east to Hull, take a right on Hull, Seychelles in on the right next to Schooners Restaurant. |
| High School | Arnold |
| City | Panama City |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Patronis |
| Tax Annual Amount | 3553 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0323 - Beach - South of Grand Lagoon |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf |
| Year Built | 2006 |
| Association Fee Includes | Association Management,Electricity,Sewer,Trash,Water |
| Heating | Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Oven,Electric Range |
| Patio/Porch Features | Balcony |
| Construction Materials | Concrete |
| Garage Y/N | false |
| Total Rooms | 1 |
| Full Baths | 2 |
| Architectural Style | High Rise |
| HOA Fee | 2372 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | Community |
| Unit Number | 507 |
| New Construction | false |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Main Level Primary |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 1 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Dimensions | Condo |
|---|---|
| Building Area Total | 883 |
| Waterfront Y/N | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32408
Price
Taxes
Year Built
In The Neighborhood
Panama City Beach
$ 465,000
5115 Gulf Drive 1708
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 883 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City
$ 799,900
5115 Gulf Drive 409
Panama City, FL 32408
- Type
- Condos
- Size
- 1,425 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 799,900
5115 Gulf Drive Unit 409
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,425 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City
$ 385,900
5115 Gulf Drive 1403
Panama City, FL 32408
- Type
- Condos
- Size
- 883 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City
$ 380,000
5115 Gulf Drive 1102
Panama City, FL 32408
- Type
- Condos
- Size
- 883 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City
$ 405,000
5115 Gulf Drive 1904
Panama City, FL 32408
- Type
- Condos
- Size
- 883 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City Beach
$ 405,000
5115 Gulf Drive Unit 1904
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 883 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City Beach
$ 385,000
5115 Gulf Drive 104
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 883 SqFt
- Rooms
- 1 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
