2 months on rocket

5115 Gulf Dr Unit 2009, Panama City Beach, FL, 32408

$879,500

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,425 SqFt
$617/SqFt
Condo

Location

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5115 Gulf Dr Unit 2009, Panama City$879,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Community Structure
Garage1 space
Year Built2006
HeatingCentral, Electric, Heat Pump
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline, Waterfront
MLS #762137
StatusActive

About 5115 Gulf Dr Unit 2009

Wrapped Balcony BEST SUNSET VIEW, The pinnacle of Gulf front living! This Beautiful 3BR/2BA condo offers what some consider to be the best views from any condo in any development in Panama City Beach. The Massive Wrap around Balcony is accessible from each bedroom and allows for breathtaking views of the Gulf of Mexico. The large windows along the West Wall maximize views from the interior that allow for a fabulous Gulf Sunset view. Stunning views are also from the Living Room, Dining Room, Kitchen, & Master Suite. Can you imagine watching 4th of July Fireworks from this condo?! Pride of ownership really shows in this one-of-a-kind property!Open concept kitchen with ample cabinets and counter space overlooks the main living and dining area. Gulf side master suite boasts large Master Bedroom, garden tub, walk-in shower, and access to the balcony. The Bunkroom lives like a 3rd bedroom. HOA dues include electricity. LUXURY! COMFORT! CONVENIENCE! This amazing condo can be configured to sleep up to 8 people! EXCELLENT RENTAL INCOME POTENTIAL.Seychelles is in very desirable area of Thomas Dr. next to the popular Schooners Restaurant, and less than one mile from St. Andrews State Park, one of the most beautiful and popular state parks in the state! This Gulf front building has lush, tropical landscaping, fully equipped fitness center, high speed elevators, seasonally heated Gulf front pool, Dune walkover, and covered parking garage. Escape to the natural beauty of Seychelles Beach Resort. Fronting 200 feet of beautiful gulf-front terrain, this gorgeous high-rise resort condominium rises 22 stories above the sparkling sugar-white sands and emerald waters, offering spectacular views of the Gulf of Mexico. Seychelles is a great place to have a second home for your family, or a solid rental​​‌​​​​‌​​‌‌​‌‌​​‌​​​​‌‌​‌​​​​‌​ investment.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2006
  • Living Area: 1,425 SqFt

Listing Office:

  • Office Name: CENTURY 21 AllPoints Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior: Breakfast Bar, Kitchen Island, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Community Structure

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: From Hwy 98, take Thomas Dr toward Beach area, left on Hull. Building is located next to Schooner on East side and West of Treasure Island

Price Information

Listing Price Info

Price Summary:

  • List Price: $879,500
  • Price Per SqFt: $617/SqFt

HOA Fees:

  • Amount: $3824
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $4,042
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5115 Gulf Dr Unit 2009 vs Panama City

80 DAYS ON ROCKET

+3 Days

$879,500

+$540K More

$617/SqFt

+$415 More

KEY TAKEAWAY

This property is $540K more than the Median Sold Price and $415/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #762137

Listing Office:

  • Office Name: CENTURY 21 AllPoints Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 19, 2021Home Sold
$620,000
Aug 28, 2008Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,042$326,931
2018$4,533$359,000
2017$4,286$336,900

History based on county public records data.

Payment Calculator

$5,731

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,703

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-540393
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.12 miles

  • Public District Grades KG-5

school-card-donut-540394
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-540395
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.27 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5115 Gulf Dr Unit 2009

What is the listing price of this property?

The listing price of 5115 Gulf Dr Unit 2009 property is $879,500.

What type of property is this?

The property 5115 Gulf Dr Unit 2009 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5115 Gulf Dr Unit 2009 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,042 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 19, 2021 for $620,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5115 Gulf Dr Unit 2009 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5115 Gulf Dr Unit 2009 is 1,425 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5115 Gulf Dr Unit 2009 is 2006.

Rocket HomesFloridaBay CountyPanama City324085115 Gulf Dr Unit 2009

This home is located at 5115 Gulf Dr Unit 2009 in Panama City Beach, FL and zip code 32408. This 1,425 square foot home was built in 2006. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 02, 2024 and is currently priced at $879,500.

While more than 16 listings in Panama City, FL in October 2024 were sold above asking price, there were more than 40 listings sold at asking price, and more than 138 were sold below. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. In October 2024 median list price was $339,477 and the average listing age was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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