Welcome home to your penthouse unit at the coveted Seychelles Resort! The breathtaking views from the twenty-second floor are a daily masterpiece, painting the sky with sunrise and sunset that will have you and your guests reluctant to leave. The primary bedroom is a sanctuary with its own private bathroom, offering a retreat within your own coastal haven for renters and family alike. Plus, with an additional bathroom and bunk beds in the hallway, this one-bedroom condo can comfortably sleep up to 5 people.The kitchen is a dream with its gorgeous stainless steel appliances, and every meal preparation is accompanied by the backdrop of the mesmerizing views that extend into the living room. Step onto your expansive balcony, where the emerald green waters stretch out before you, enhanced by the cool ocean breeze.Seychelles boasts an exceptional location on the east end of Thomas Drive, ensuring that your beachfront escape is not only luxurious but also conveniently situated. Nestled right next door to the highly popular beachfront restaurant, Schooners, you have a delectable dining destination just steps away.The HOA goes beyond convenience, covering all utilities, including electricity, and granting access to extraordinary amenities. Dive into relaxation with two gulf-front pools, unwind in the inviting hot tub, and stay active in the on-site gym.So, say goodbye to the ordinary and hello to the extraordinary. This condo is more than just a home; it's your ticket to laid-back luxury and endless good vibes. Your beachside dream is calling - come on in!
Property Details
Property Features
Property Information:
Architectural Style: High Rise
Year Built: 2006
Living Area: 883 SqFt
Listing Office:
Office Name: Gulf Life Real Estate Inc
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
Interior: High Ceilings, Pantry, Recessed Lighting
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 1
Exterior Features
Exterior Information:
Waterfront: Gulf
View: Gulf
Exterior: Built-in Barbecue, Balcony, Pool
Parking Information:
Parking: Covered
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Ceiling Fan(s), Electric
Other
Directions Information:
Directions: Thomas dr Turn by Schooners Right next door
Price Information
Listing Price Info
Price Summary:
List Price: $435,000
Price Per SqFt: $493/SqFt
HOA Fees:
Amount: $1959
Frequency: Quarterly
Tax Information:
Annual Amount: $2,197
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,892
Per Month
Principal & Interest
$2,172
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$653
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,371
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school2.12 miles
Public District Grades KG-5
3
/10
Lucille Moore Elementary School
1900 Michigan Ave
Distance between this listing and this school4.05 miles
Public District Grades PK-5
1
/10
St. Andrew School at Oakland Terrace
2010 W 12th St
Distance between this listing and this school4.27 miles
Public District Grades PK-5
Nearby Schools
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school5.35 miles
Public District Grades KG-8
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school5.47 miles
Public District Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school6.25 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school4.46 miles
Public Charter Grades KG-12
7
/10
Bay Virtual Franchise
1515 June Ave
Distance between this listing and this school5.10 miles
Public District Grades KG-12
1
/10
Central High School
1250 W 17th St
Distance between this listing and this school5.12 miles
The neighbors living near this home have an average income of $41,776. Residents of Panama City, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5115 Gulf Dr Unit 2204
What is the listing price of this property?
The listing price of 5115 Gulf Dr Unit 2204 property is $435,000.
What type of property is this?
The property 5115 Gulf Dr Unit 2204 is a condo located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 5115 Gulf Dr Unit 2204 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 $2,197 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 7, 2018 for $232,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5115 Gulf Dr Unit 2204 has 1 bedroom and 2 bathrooms.
What is the square footage of this property?
The property 5115 Gulf Dr Unit 2204 is 883 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5115 Gulf Dr Unit 2204 is 2006.
This home is located at 5115 Gulf Dr Unit 2204 in Panama City Beach, FL and zip code 32408. This 883 square foot home was built in 2006. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $435,000.
Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.
From Rocket Homes Real Estate and based on county public records data.