Address
5115 Gulf Drive 1403, Panama City, FL
Price
$ 385,900
Property Attributes
  • MLS#786857
  • TypeCondos
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area03 - Bay County - Beach
  • NeighborhoodSeychelles Resort Condominium
  • Zip32408
  • Style
  • Year Built2006
  • Taxes$ 3553
  • Price$ 385,900
  • Bedrooms1
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage883
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Some beachfront condos sell because they're on the beach. Others stand out because of what buyers experience the moment they walk through the door. Seychelles 1403 is one of those properties. Positioned in the desirable mid-stack of the building, this beautifully maintained Gulf-front residence captures the sweeping views buyers come to Panama City Beach for while offering a floor plan that keeps the emerald waters and sugar-white sand beaches front and center. Expansive 9-foot sliding glass doors flood the living area with natural Florida sunshine and frame breathtaking panoramic Gulf views, creating a bright, open atmosphere that immediately feels like a true coastal retreat. Step onto the private Gulf-front balcony and enjoy the sights and sounds of the beach below. Whether you're starting your day with a cup of coffee or unwinding after an afternoon on the sand, the Gulf provides the perfect backdrop for relaxed beachfront living. Unlike many competing properties, this condo has been exceptionally well maintained and thoughtfully refreshed, allowing the next owner to begin enjoying it immediately without the need for costly updates or renovations. Recent improvements include new televisions in both the living room and bedroom, all-new rugs throughout the condo and on the balcony, and a complete deep cleaning, ensuring a fresh, turnkey presentation. Luxury vinyl plank flooring throughout and stainless-steel appliances provide a clean, modern, and low-maintenance interior. Offered fully furnished and rental-ready, the condo comfortably accommodates up to six guests with a king-sized bed in the primary suite, built-in hallway bunks, and a sleeper sofa in the living room. Whether you're seeking a personal beachfront getaway, second home, or income-producing investment property, the flexible floor plan is designed to meet a variety of ownership goals. Adding even more value, quarterly HOA dues cover all major utilities, including electricity, water, cable, and WiFi, helping simplify ownership costs and making budgeting more predictable. Located within the amenity-rich Seychelles Beach Resort, owners and guests enjoy two Gulf-front pools, a hot tub, fitness center, conference room, covered parking garage with convenient walkover access, optional onsite rental management, and strong building security. The resort's reputation with vacationers, combined with its location on the quieter east end of Panama City Beach near St. Andrews State Park, continues to make it a favorite destination for repeat visitors year after year. Conveniently located near dining, shopping, entertainment, boating, fishing, and outdoor recreation, Seychelles offers the perfect combination of beachfront tranquility and easy access to everything Panama City Beach has to offer. Whether you're searching for a proven investment property or your own slice of paradise on the World's Most Beautiful Beaches, Seychelles 1403 delivers the combination buyers value most: spectacular Gulf views, turnkey condition, outstanding amenities, all-inclusive HOA coverage, and a location that continues to attract owners and guests alike. All measurements and information are deemed reliable but should be verified if important.

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
3/16/2026 Listed $395,000
5/7/2026 2$385,900

General Features

Sewer Public Sewer
Utilities Cable Connected,Electricity Available,Phone Connected
Property Subtype Condominium
Tax Year 2025
Community Features Beach,Clubhouse,Elevator,Fitness Center,Game Room,Gated,Waterfront,Community Pool,Short Term Rental Allowed
County Bay
Property Type Residential
HOA true
Subdivision Name Seychelles Resort Condominium
Special Listing Conditions Listed As-Is
Status Active
Directions From Front Beach Road and Thomas Drive at Hathaway Bridge go south on Thomas Drive past Captain Andersons and right around the curve. Turn left down Huff St and right onto Gulf Drive. The parking garage is across the street on Gulf Drive.
High School Arnold
City Panama City
Zoning Description Resid Multi-Family
MLS Area 03 - Bay County - Beach
Elementary School Patronis
Land Lease Y/N false
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
Association Amenities Other,See Remarks
Occupancy Type Tenant
Waterfront Features Gulf
Year Built 2006
Association Fee Includes Cable TV,Electricity,Internet,Maintenance Grounds,Maintenance Structure,Pest Control,Recreation Facilities,Sewer,Trash,Water
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s)
Appliances Convection Oven,Electric Range,Electric Water Heater
Patio/Porch Features Balcony
View Bay,Gulf,Lagoon
Garage Y/N false
Total Rooms 4
Full Baths 2
Architectural Style High Rise
HOA Fee 2369.8
Assoc Fee Paid Per Quarterly
Pool Features In Ground,Community
Security Features Fire Alarm,Smoke Detector(s),Security Service
Unit Number 1403
Building Features Dumpster
New Construction false
Spa Features Community

Interior Features

Total Baths 2
Interior Amenities Coffered Ceiling(s),Main Level Primary,Tub Shower
Furnished Units All Units
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 1
LivingAreaSource Appraiser

Exterior Features

Lot Features Sprinkler System
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
AVG $410K
$390K
Taxes
AVG $4,091
$3,553
Year Built
AVG 1995
2006

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