5309 Gulf Drive, Panama City Beach, FL 32408

$2,450,000
4
BD
3
BA

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Sold Price
$2,450,000
List Price
$2,695,000
Closing Date
May 22, 2026
MLS#
785010
Bedrooms
4
Bathrooms
3
Full-baths
2
Half-baths
1
Acres
0.29
Lot Size
12,458
Subdivision
Gulf Lagoon Beach
Year Built
1997

Property Description

Charming coastal retreat with timeless beach-house appeal, ideally located on the highly sought-after east end of Panama City Beach. This beautifully renovated 4-bedroom, 2.5-bath Gulf-front home sits on an expansive 50' x 250' lot and offers stunning Gulf views from most rooms, including the primary suite, secondary bedrooms, living room, and kitchen — plus more than 2,000 square feet of balconies and decks designed to soak in the scenery. The elevated design features a spacious lower level with dual garage bays, providing generous space for parking, storage, beach gear, and all your outdoor toys. Just beyond, the covered ground-level entertaining area is built for relaxation, complete with ample seating and swing seating — perfect for game days, gatherings with friends, or unwinding while enjoying the Gulf breeze and open views. Inside, a full renovation showcases exceptional craftsmanship and high-end designer finishes throughout. The kitchen and bathrooms feature Italian Carrara marble, Viking appliances, Kohler and Newport Brass fixtures, Ann Sacks and Aguayo tile, and custom details at every turn. The living area and kitchen are accented by stunning 200-year-old hand-hewn salvaged beams, blending historic character with modern coastal luxury. Smart home technology includes Control4 lighting and automation, security cameras, and integrated flat-screen TVs. Major upgrades provide peace of mind and efficiency, including all new hurricane-impact windows, solid shiplap interior walls, oak flooring, updated plumbing and wiring, a 5-ton HVAC system, hurricane strapping, and a durable metal roof. This home is truly turn-key and ready to enjoy. Whether you're searching for a primary residence, luxury vacation getaway, or high-performing investment property, this Gulf-front gem delivers the relaxed beach lifestyle buyers dream about — just bring your flip-flops and start living on island time.

Additional Information

Waterfront
Yes
Waterview
Gulf
Stories
2
Exterior Features
Deck
Lot Dimensions
50 x 250
Parking Spaces
2
Appliances
Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
Elementary School
Patronis
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Counts Real Estate Group Inc. Selling Office: Think Real Estate.