5307 Gulf Drive, Panama City Beach, FL 32408 (MLS# 713118)

HOA Fee: No

New Buyer Fee: No

Last Taxes: 6862

Last Tax Year: 2020

Brokerage Interest: No Interest

As Is: Yes

List Price/SqFt: 911.32

Status: Sold

List Date: 2021-06-16

List Price: $1,675,000

Current Price: $1,560,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: Yes

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: Travel South on Thomas Drive all the way down to where the road splits by St Andrews State Park. Stay to the right go down past Schooners and take first left to Beach front Gulf Drive Turn right and house is on the left.

Area: 03 - Bay County - Beach

Street #: 5307

Street Name: Gulf

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Gulf Lagoon Beach

Parcel ID: 32276-000-000

Legal Description: GULF LAGOON BEACH LOT 1 BLK 5 ORB 1088 P 1282 ORB 1447 P 1912 ORB 2475 P 2313 ORB 2798 P 3

Acreage: 0.29

Design: Beach House

Lot Size (SqFt): 12500

Apx SqFt(Htd/Cooled): 1838

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 2

Lot Dimensions: 50x250

Garage Y/N: No

Beach Frontage: 50

Covered Spaces: 2

Driveway Spaces: 3

Sub-Type: Detached Single Family

Bedrooms: 4

Full Baths: 2

Total Baths: 2

Year Built: 1997

Remarks: Currently under contract -Back up offers accepted. Great Gulf front home on Private Gulf Drive within walking distance to St. Andrews State Park and Schooners. This premier location is just a short distance to many amenities. Boat rentals, and many great local favorite restaurants. The home has everything needed to create a great second home or investment rental property. The home can currently sleep approximately 12 to 14 people and park 6 vehicles. The house features an open floorplan great for entertaining and the entire back of the home is windows and full glass doors overlooking the magnificent Gulf beach. The property has been a private residence and has no rental history. The home has 10' ceiling's throughout. Owner willing to contribute $100k with full price offer towards upgrades.

Sold Price/SqFt: 848.75

Sold Price/Acre: 5379310.34

Under Contract Date: 2021-07-08

Sold Date: 2021-08-30

Sold Price: $1,560,000

Second: 1

Second: 1

Dishwasher: 1

Disposal: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Range Hood: 1

Refrigerator: 1

Water Heater - Electric: 1

Concrete: 1

Roof - Fiberglass: 1

Water Heater - Electric: 1

Balcony: 1

Deck Open: 1

Needs Work: 1

Patio Open: 1

Porch Open: 1

Unfurnished: 1

Second: 1

Second: 1

Bedroom: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

Master Bathroom: 1

All Utilities: 1

Gulf: 1

Second: 1

Ceiling Fan(s): 1

Central Air: 1

Two: 1