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MLS# 781225

Status: Active
5115 Gulf Drive, #2002
Panama City, FL 32408
$388000.00

Beds Total: 1
Bathrooms: 2.00
Baths Full: 2
Sq Ft Total: 883.00
Year Built: 2006
On Waterfront: Yes
(850) 290-0417


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This 1BR + BUNKS/2BA condo at Seychelles in Panama City Beach earned over $41K IN RENTAL INCOME last year, making it a strong short-term rental investment and the perfect vacation getaway. Designed to accommodate up to six guests, it features a king-size master, built-in hallway bunks, and a sofa sleeper in the living area -- ideal for families or groups. Step through sliding glass doors onto a spacious private balcony with sweeping east and west coast views. Inside, 9-foot ceilings and hard flooring throughout (luxury vinyl plank in the bedroom, tile elsewhere) create a modern, low-maintenance aesthetic. The kitchen is equipped with stainless appliances, while a stacked washer and dryer add convenience for longer stays.Seychelles offers a rare all-inclusive ownership experience with low HOA fees covering all utilities-- electricity, cable, internet, water, and trash -- reducing monthly expenses and maximizing rental potential. Resort-style amenities include two pools (one seasonally heated gulf-front), a hot tub, fitness center, game room, high-speed elevators, covered parking, and onsite management.Enjoy a peaceful east-end setting while staying close to the best of Panama City Beach --Schooners, St. Andrews State Park, marinas, and dining are just minutes away. Take the first step toward owning your beach getaway - call today!

Additional Features

List Date:2025-11-04
Full Baths:2
Waterfront:Yes
Sub Area:0323 - Beach - South of Grand Lagoon
Community/Resort:None
Parcel ID:31437-400-172
Elementary School:Patronis
Middle School:Surfside
High School:Arnold
Appliances:Dishwasher,Disposal,Microwave,Oven - Electric,Range - Electric,Refrigerator
HOA Frequency:Quarterly
HOA Amount:2369.80
HOA Fee:Yes
Cumulative DOM:122
Days On Market:122
Last Taxes:3680.00
Last Tax Year:2024
Utilities:Cable - Connected,Electricity - Connected,Public Sewer - Connected,Public Water - Connected
Project Facilities:Elevator(s),Fitness Center,Pool,Spa/Hot Tub,Waterfront
Exterior:Balcony
Lot Features:Waterfront
Fees Include:Cable TV,Internet-WiFi,Master Association,Pest Control,Trash Disposal,Water
Construction/Siding:Concrete