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MLS# 784135

Status: Active
5409 Gulf Drive
Panama City, FL 32408
$4490000.00

Beds Total: 9
Bathrooms: 7.00
Baths Full: 7
Sq Ft Total: 4537.00
Acres: 0.29
Year Built: 2015
On Waterfront: Yes
(850) 832-8695


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''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2026! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!

Additional Features

List Date:2026-01-24
Full Baths:7
Waterfront:Yes
Sub Area:0323 - Beach - South of Grand Lagoon
Community/Resort:None
Parcel ID:32285-000-000
Elementary School:Patronis
Middle School:Surfside
High School:Arnold
Appliances:Cooktop - Electric,Dishwasher,Microwave,Oven - Convection,Oven - Electric,Range - Electric,Refrigerator,Washer,Washer/Dryer Stacked,Water Heater - Electric
HOA Fee:No
Cumulative DOM:22
Days On Market:22
Last Taxes:23043.00
Last Tax Year:2025
Utilities:Cable - Connected,Electric 220/240,Electricity - Connected,Internet - Fiber Optic,Lift Station,Public Sewer - Connected,Public Water - Connected
Present Zoning:County,Resid Single Family
Exterior:Balcony,Deck - Covered,Deck - Open,Double Pane Windows,Outdoor Shower,Patio - Covered,Patio - Open,Storm Windows
Lot Features:Waterfront
Waterfront Feature:Shore - Beach
Construction/Siding:Foundation - On Piling,Roof - Metal,Siding - Hardie Board,Trim - Hardie Board