Developer Dream - zoned commercial and residential - this property can be multi-developed into commercial business on the ground floor (Right beside beach access #7) and rental property on 2nd and 3rd floors. With no HOA and constant foot traffic - this is the money-making machine!
Property Details
Property Features
Listing Office:
Office Name: Think Real Estate
Exterior Features
Exterior Information:
Waterfront: Gulf, Sandy Shoreline
View: Gulf
Lot Features
Lot Information:
Lot Size: 0.29 Acres
Other
Directions Information:
Directions: Take Thomas Drive along the Gulf of Mexico and turn south (toward the water) on Hurt Street. Drive straight into parking area for lot. Lot is fenced off and is beside Beach Access #7.
Price Information
Listing Price Info
Price Summary:
List Price: $2,100,000
Tax Information:
Annual Amount: $5,477
Tax Year: 2020
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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.
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 school1.96 miles
Public District Grades KG-5
3
/10
Lucille Moore Elementary School
1900 Michigan Ave
Distance between this listing and this school4.08 miles
Public District Grades PK-5
1
/10
St. Andrew School at Oakland Terrace
2010 W 12th St
Distance between this listing and this school4.36 miles
Public District Grades PK-5
Nearby Schools
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school5.15 miles
Public District Grades KG-8
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school5.58 miles
Public District Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school6.27 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school4.54 miles
Public Charter Grades KG-12
7
/10
Bay Virtual Franchise
1515 June Ave
Distance between this listing and this school5.19 miles
Public District Grades KG-12
1
/10
Central High School
1250 W 17th St
Distance between this listing and this school5.20 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. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5403 Gulf Dr
What is the listing price of this property?
The listing price of 5403 Gulf Dr property is $2,100,000.
What type of property is this?
The property 5403 Gulf Dr is land located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 5403 Gulf Dr 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 $5,477 (source: MLS/based on county public records data).
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This home is located at 5403 Gulf Dr in Panama City Beach, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This home sits on a 0.29 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $2,100,000.
In November 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 120 were sold below. The number of listings in Panama City, FL decreased by 3.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 79 days, the median list price was $339,223.
From Rocket Homes Real Estate and based on county public records data.
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.
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