$999,000

5101 Gulf Dr Unit D Panama City, FL 32408

Estimated payment $6,416/month

0.1 Acre
$9,990,000 Price per Acre
4,400 Sq Ft Lot

Highlights

  • Property fronts gulf or ocean
  • J.R. Arnold High School Rated A-
  • No HOA

About This Lot

Rare Gulf-Front Opportunity! Build your dream coastal retreat on this ready-to-build Gulf-front lot located at 5101 Gulf Drive in Panama City Beach. Enjoy panoramic views of the Gulf of Mexico, direct beach access, and an unbeatable location near Schooners and St. Andrews State Park. No HOA and utilities available. Perfect for a custom luxury home or vacation rental investment—one of the few remaining Gulf-front parcels in the area. Perfectly positioned near Schooners, Patches Pub, and St. Andrews State Park, this Gulf-front property offers the perfect balance of privacy and convenience—just minutes from dining, marinas, and Panama City Beach's most desirable attractions.
Whether your vision is a custom luxury residence, a vacation retreat, or an income-producing investment, this ready-to-build homesite delivers the flexibility and freedom to bring your dream to life. With utilities available and no HOA restrictions, you can design and build to fully capture the panoramic Gulf views and coastal lifestyle.
Property Features: Direct Gulf-front parcel with sweeping Gulf views; Cleared and ready to build; Utilities available; No HOA restrictions; Ideal for a custom home or short-term rental investment; Prime location near restaurants, shops, and marinas
Opportunities to own true Gulf-front land in Panama City Beach are extremely limited. Schedule your private showing today and start planning your modern coastal masterpiece surrounded by emerald waters and endless sunsets.

Listing Agent

Rachel Warrell

eXp Realty, LLC License #SL3432761 Listed on: 11/05/2025

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,936

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 22 x 200
  • Property fronts gulf or ocean
  • Zoning described as County

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Community Details

  • No Home Owners Association
  • Gulf Lagoon Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$13,936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.1
  • Lot Size: 22 x 200
  • Road Frontage Type: Deeded Access
  • Road Surface Type: Paved
  • Subdivision Name: Gulf Lagoon Beach
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Waterfront Features: Gulf, See Remarks, Deeded Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Accepting Backup Offers

Condo/Co-op/Association

  • Amenities: Beach Access, Boat Ramp
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Other, Waterfront, Paved
  • Lot Size Sq Ft: 4400.0
  • Mobile Dim Units: Feet
  • Zoning Description: County

Tax Info

  • Tax Annual Amount: 13936.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,254 $1,002,154 -- --
2023 $13,254 $1,243,659 $653,400 $590,259
2022 $10,687 $828,226 $0 $0
2021 $3,704 $245,197 $0 $0
2020 $3,341 $328,288 $327,888 $400
2019 $2,758 $246,640 $246,240 $400
2018 $2,378 $184,220 $0 $0
2017 $2,131 $167,473 $0 $0
2016 $1,954 $152,248 $0 $0
2015 $1,901 $144,040 $0 $0
2014 $1,845 $139,936 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $999,000 -- --
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $85,000 None Available
Special Warranty Deed -- Attorney
Special Warranty Deed $147,500 None Available
Quit Claim Deed $150,800 None Available
Trustee Deed -- None Available
Deed $1,000,000 --
Warranty Deed $1,000,000 --
Quit Claim Deed -- --
Warranty Deed $150,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 781283

Central Panhandle Association of REALTORS®

APN: 32254-000-000