$1,850,000
Panama City, FL 32408
MLS# 778820

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Property Description
A rare chance to own prime Gulf-front property in one of the most desirable stretches of Panama City Beach. This cleared 0.29-acre parcel sits directly beside from public beach access #7, offering unmatched visibility, walkability, and development potential. Zoned mixed-use, the property allows for a wide range of possibilities. With no HOA restrictions, public utilities near by, and paved road access, it's a straightforward site to bring your vision to life. Whether you're a developer, investor, or visionary builder and want to bring your dream home to life, 5403 Gulf Drive is your chance to create something extraordinary on Florida's Emerald Coast.
Details
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Contract Info
Status: Active
List Date: 2025-09-10
List Price: $1,850,000
Current Price: $1,850,000
List Price/Acre: 6379310.34
Location
Street #: 5403
Street Name: Gulf
Street Suffix: Drive
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Gulf Lagoon Beach
Community/Resort: None
Waterfront: Yes
Parcel ID: 32282-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From St. Andrews State Park, head west along Thomas Drive until you reach Hurt Street, then turn left that road leads directly to Gulf drive and run into the lot.
Legal Description: GULF LAGOON BEACH LOT 1 BLK 6 ORB 4073 P 2133
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: 50x250
Acreage: 0.29
Lot Size (SqFt): 12458
Waterfront Feature
Waterfront Feet: 50
Property Features
Lot Access: County Road
Lot Features: Near Beach Access; Waterfront; Within 1/2 Mile to Water
Utilities: Electricity - Connected; Public Sewer Available; Water Connected
Waterfront Type: Gulf
Waterview: Gulf
Listing Office: Think Real Estate
Last Updated: December - 22 - 2025
Information deemed reliable but not guaranteed.
