Gulf Crest Condominiums 8715 Surf Dr Unit 505 Panama City, FL 32408
Estimated payment $3,863/month
Highlights
- Deeded access to the beach
- Heated In Ground Pool
- Waterfront
- J.R. Arnold High School Rated A-
- Gulf View
- Deck
About This Home
Experience the best of Panama City Beach in this oversized 2-bedroom plus bunk, 2-bath condo offering one of the most desirable and functional split floor plans on the Gulf. Perfectly positioned on the 5th floor, Unit 505 captures sweeping views of the turquoise water, sugar-white sand, and breathtaking sunsets—all visible from the spacious balcony, living room, dining area, kitchen, and master suite. Inside, the open-concept layout is bright and airy, enhanced by 9-foot ceilings, expansive glass sliders, and coastal-inspired finishes that blend the charm of a beach house with the ease of condo living. Every detail has been thoughtfully updated for both beauty and durability. Premium luxury vinyl plank flooring flows throughout, while the huge balcony offers ample space for multiple seating areas—ideal for lounging, dining, or entertaining. The fully renovated kitchen features quartz countertops, stainless-steel appliances, a custom tile backsplash, and an extended breakfast bar perfect for casual meals or gathering with guests. Both bathrooms also showcase new quartz surfaces and updated fixtures for a crisp, modern feel. The primary suite is a private retreat, complete with balcony access, a double vanity, walk-in shower with frameless glass doors, and a large walk-in closet with custom built-ins. Additional highlights include a full-sized washer and dryer, generous storage, fresh paint, new finishes and fixtures throughout, and a new HVAC system installed in 2022. 2 parking spots are conveniently included in the covered parking lot. Gulfcrest is one of the premier Gulf-front communities in Panama City Beach, featuring resort-style amenities such as gated access, lush tropical landscaping, assigned and guest garage parking, three high-speed elevators, two beachfront pools (one heated seasonally), two hot tubs, a kiddie pool, Tiki Bar with food and drinks, poolside Wi-Fi, grilling areas, fitness center, and game room—all with direct, private beach access. The on-site rental office, open seven days a week, and 24-hour security ensure peace of mind and convenience. Whether you're looking for a turnkey vacation rental, second home, or full-time beachfront residence, Gulfcrest Unit 505 checks every box—and comfortably sleeps up to eight guests. With its unbeatable location, thoughtful upgrades, and unmatched views, this condo offers the ultimate beachfront lifestyle.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,860
Year Built
- Built in 2004
Lot Details
Parking
- 2 Car Garage
Interior Spaces
- Ceiling Fan
- Insulated Doors
- Great Room
- Stacked Washer and Dryer
Kitchen
- Electric Oven
- Electric Range
- Ice Maker
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Accessible Home Design
- Accessible Elevator Installed
- Accessible Bedroom
- Accessible Common Area
- Central Living Area
- Accessible Closets
- Accessible Doors
- Accessible Entrance
- Accessible Electrical and Environmental Controls
Outdoor Features
- Heated In Ground Pool
- Deeded access to the beach
- Balcony
- Deck
- Enclosed Patio or Porch
Schools
- Breakfast Point Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
Overview
- Property has a Home Owners Association
- High-Rise Condominium
- Gulf Crest Condo Subdivision
Additional Features
- Game Room
- Storm Windows
Map
About Gulf Crest Condominiums
Home Values in the Area
Average Home Value in this Area
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 | $6,389 | $493,502 | -- | -- |
| 2023 | $6,389 | $552,075 | $0 | $552,075 |
| 2022 | $5,299 | $407,853 | $0 | $0 |
| 2021 | $4,650 | $370,775 | $0 | $0 |
| 2020 | $4,146 | $344,250 | $0 | $344,250 |
| 2019 | $3,680 | $306,425 | $0 | $306,425 |
| 2018 | $3,570 | $291,338 | $0 | $0 |
| 2017 | $3,266 | $287,300 | $0 | $0 |
| 2016 | $3,294 | $284,750 | $0 | $0 |
| 2015 | $3,286 | $274,236 | $0 | $0 |
| 2014 | $2,974 | $249,305 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $625,000 | -- | $477 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $59,100 | Attorneys Signature Title | |
| Warranty Deed | $43,900 | Attorneys Signature Title | |
| Warranty Deed | $150,200 | Attorneys Signature Title Pllc | |
| Warranty Deed | $29,000 | Attorneys Signature Title Pllc | |
| Warranty Deed | $29,000 | Attorneys Signature Title Pllc | |
| Warranty Deed | $352,000 | Attorney | |
| Corporate Deed | $277,600 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Balloon | |
| Previous Owner | $280,000 | Unknown |
Source: Central Panhandle Association of REALTORS®
MLS Number: 782106
APN: 30473-330-000
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