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    5101 Gulf Dr, Unit D Panama City, FL 32408

    Sponsored
    For Sale
    $899,000

    LAND - Panama City, FL

    Lot size:
    0.10 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 8 at 3:06 pm

    Property Features for 5101 Gulf Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    32254-000-000
    Lot size
    0.10 Acres

    Utilities

    Water front
    1

    EXP Realty LLC (888) 883-8509 [email protected]

    Listing agent Rachel N Warrell (850) 249-0313 License #SL3432761

    Listing date Jan 6, 2026

    MLS# 781283 Listing URL

    Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gulf-Front Land Panama City Beach

    This Gulf-front lot, located at 5101 Gulf Drive in Panama City Beach, presents a rare opportunity to build a coastal retreat. The property offers panoramic views of the Gulf of Mexico and direct beach access. It is situated near Schooners and St. Andrews State Park. Utilities are available, and there are no HOA restrictions. This parcel is ideal for a custom luxury home or a vacation rental investment. The property is positioned near Schooners, Patches Pub, and St. Andrews State Park, offering a balance of privacy and convenience, with proximity to dining, marinas, and attractions. This homesite provides the flexibility to capture Gulf views and a coastal lifestyle. The property is cleared and ready to build. With utilities available and no HOA restrictions, you can design and build to fully capture the panoramic Gulf views and coastal lifestyle. The lot size is 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Realty agency Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.753843
    Latitude
    30.140436

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    FAQs

    What type of property is this?
    Land - Ready-to-build Gulf-front lot with direct beach access.
    Where is this land located?
    The property is located at 5101 Gulf Dr, Unit D Panama City, FL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Direct Gulf-front parcel with sweeping Gulf views and direct beach access.; - Cleared and ready to build, with utilities available and no HOA restrictions.; - Ideal for a custom home or short-term rental investment property.
    (850) 896-5899
    Request Owner's contact information
    5101 Gulf Dr, Unit D Panama City, FL 32408
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    Panama City, FL 32408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5101 Gulf Dr, Unit D Panama City, FL 32408
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