5012 Gulf DR #1 Panama City, FL 32408
3 Beds
2 Baths
875 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 875 sqft
Price per Sqft $571
Subdivision Gulfside Condo.
MLS Listing ID 783286
Style Low Rise
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1973
Annual Tax Amount $738
Tax Year 2024
Property Sub-Type Condominium
Property Description
The building has seen major improvements including all-brick construction with dual layers of elastomeric stucco and paint, a 2024 standing-seam metal roof, updated windows and doors, and water heaters replaced in 2021. Owners enjoy a shared pool, no HOA, short-term rentals allowed, and two assigned parking spaces per unit.
The owner currently has Units #1, #3, and #4 available, offering a unique chance for investors to acquire multiple units in the same small complex directly across from beach access — an opportunity that rarely comes available in this area at this price point. Ideal for investors looking to scale a beach rental portfolio in one location.
Location
State FL
County Bay
Community Pool, Community Pool, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central, Electric
Cooling Central Air
Flooring Luxury Vinyl Plank
Fireplace No
Appliance Washer/Dryer Stacked, Electric Range
Laundry Stacked
Exterior
Exterior Feature Patio
Parking Features Additional Parking, Paved
Pool Community
Community Features Pool, Community Pool, Short Term Rental Allowed
Utilities Available Electricity Available
View Y/N Yes
View Gulf
Porch Balcony, Covered, Patio, Porch
Private Pool No
Building
Lot Description Paved
Story 2
Entry Level Two
Sewer Public Sewer
Architectural Style Low Rise
Level or Stories Two
New Construction No
Stories 2
Floor Plan Two
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 32256-010-000
Special Listing Condition Listed As-Is