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    503 W Gulf Ct Panama City Beach, FL 32413

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    For Sale
    $200,000

    Residential lot near Gulf of Mexico, ideal for beach retreat.

    Property Features for 503 W Gulf Ct

    General Information

    Standard status
    Active

    Source: KELLER WILLIAMS SUCCESS REALTY Agent TERI A VEGA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Panama City Beach Land Opportunity

    This lot is located approximately 2 1/2 blocks from the Gulf of Mexico within the Open Sands subdivision. The location in Panama City Beach is suitable for full-time living, a second home, or a vacation rental. The property is not subject to HOA restrictions. Nearby points of interest include Runaway Island, AutentiKa Mexican Grille, and The Local Steamer, in addition to various shops, ice cream parlors, and beachside entertainment options. The property provides access to beaches, dining, and other amenities on the west end of Panama City Beach.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8570774
    Latitude
    30.2096166

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    FAQs

    What type of property is this?
    Land - Residential lot near Gulf of Mexico, ideal for beach retreat.
    Where is this land located?
    The property is located at 503 W Gulf Ct Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Located just 2 1/2 blocks from the Gulf of Mexico.; - No HOA fees.; - Prime Panama City Beach location.
    Request Owner's contact information
    503 W Gulf Ct Panama City Beach, FL 32413
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    Panama City Beach, FL 32413
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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
    503 W Gulf Ct Panama City Beach, FL 32413
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