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$4,490,000
10 Days On Site

5409 Gulf Drive
Panama City, FL 32408

For Sale|Residential|Active
8
Beds
7
Total Baths
7
Full Baths
4,537
SqFt
$990
/SqFt
2015
Built
Subdivision:
[No Recorded Subdiv]
County:
Bay
Listing courtesy of Fred W Thomas of Beach Time Realty, Inc
Call Now: (850) 296-7204
Is this the listing for you? We can help make it yours.
(850) 296-7204
5409 Gulf Drive5409 Gulf Drive5409 Gulf Drive5409 Gulf Drive
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Mortgage Calculator

Monthly Payment (Est.)

$20,485
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

''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!

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Listing Snapshot
Price 
$4,490,000
Days On Site 
10 Days
Bedrooms 
8
Inside Area (SqFt) 
4,537 sqft
Total Baths 
7
Full Baths 
7
Partial Baths 
N/A
Lot Size 
0.29 Acres
Year Built 
2015
MLS® Number 
784135
Status 
Active
Property Tax 
$23,043
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.29
Levels 
Three Or More
Number Of Stories 
3
Security 
Smoke Detector(s)Fire Alarm
Sewer 
Public Sewer
SqFt Total 
4537
Style 
Coastal
Utilities 
Cable Connected
Zoning 
County, Resid Single Family
Interior Features
Appliances 
Convection OvenWasher/Dryer StackedElectric CooktopElectric OvenElectric RangeElectric Water Heater
Cooling 
Central Air
Furnished? 
All Units
Heating 
Central
Window Features 
Double Pane WindowsStorm Window(s)
Bedroom 
Dimensions - 13 x 12.5Level - Second
Dining Room 
Dimensions - 16.67 x 13.25Level - First
Family Room 
Dimensions - 21.25 x 20.25Level - Second
Kitchen 
Dimensions - 16.67 x 16.25Level - First
Living Room 
Dimensions - 21 x 21.25Level - First
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Exterior Features
Construction Details 
HardiPlank Type
Exterior 
BalconyOutdoor Shower
Lot Features 
Waterfront
Patio And Porch 
DeckPatioCovered
Pool Features 
FencedGuniteElectric HeatIn GroundPrivate
Private Pool 
Yes
Road Frontage 
City Street
View 
Water
Waterfront 
Yes
Waterview 
Water
Windows/Doors 
Double Pane WindowsStorm Window(s)
Community Features
Accessibility Features 
Accessible Kitchen AppliancesAccessible Full BathAccessible BedroomAccessible Common AreaAccessible ClosetsAccessible KitchenAccessible Central Living Area
MLS Area 
03 - Bay County - Beach
Schools
School District
Unknown
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Listing courtesy of Fred W Thomas of Beach Time Realty, Inc



Listing information is provided by Participants of the Central Panhandle Association of REALTORS MLS. 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. Copyright 2026, Central Panhandle Association of REALTORS MLS.
Last checked: 2026-02-04 01:27 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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