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For Sale
$1,599,999

5012 Gulf Drive Unit 1-4, Panama City, FL 32408

Quadplexes

Property SizeContact for details
Days on Market58

Property Features for 5012 Gulf Drive Unit 1-4

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1973
Listing Agency: LPT Realty LLC
Listed By: Kerry J Jackson
Source: Cthomeseekers
Added: Jul 1 Changed: Aug 23 Last Checked: Aug 26 at 9:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty LLC

Investment Insights

Based on property information with market context.

Key Highlights

  • Four ground‑floor units in a 1973‑built quadplex, totaling approx. 3,500 SF
  • About 60 feet from a wide paved public beach access in a low‑density cul‑de‑sac with no thru traffic
  • Unit mix: two 3BR/2BA units (approx. 935 SF each) plus two 2BR/2BA units (approx. 815 SF each)

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Auto Repair Shop Plumbing Service Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

Where is this quadplex located?
The property is located at 5012 Gulf Drive Unit 1-4 Panama City, FL.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Four ground‑floor units in a 1973‑built quadplex, totaling approx. 3,500 SF; About 60 feet from a wide paved public beach access in a low‑density cul‑de‑sac with no thru traffic; Unit mix: two 3BR/2BA units (approx. 935 SF each) plus two 2BR/2BA units (approx. 815 SF each)
More about this property
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