Gulf-Front Lot Ready to
For Sale
$899,000
5101 Gulf Drive, Panama City, FL 32408
LAND - Panama City, FL
Property SizeContact for details
Lot Size0.10 Acres
Days on Market274
Property Features for 5101 Gulf Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
County
Subdivision
Gulf Lagoon Beach
Lot features
Paved
Elementary school
Patronis
Middle school
Surfside
High school
Arnold
Directions
East end of Thomas Dr. Turn south on Huff and then left on Gulf. East of SCHOONER'S, directly on the Gulf. Sign in front of lot
Standard status
Active
APN
32254-000-000
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
GULF LAGOON BEACH 70B1 & 70B2 BEG AT NW COR LOT 6 TH SELY 21.83' SWLY 200 TO WATER NWLY 18.54' NELY 200' TO POB AKA UNIT D BLK 1 ORB 3599 P 2397 (6.01)
Tax Annual Amount
13936
Legal Description
GULF LAGOON BEACH 70B1 & 70B2 BEG AT NW COR LOT 6 TH SELY 21.83' SWLY 200 TO WATER NWLY 18.54' NELY 200' TO POB AKA UNIT D BLK 1 ORB 3599 P 2397 (6.01)
Utilities
Water front
1
Listing Agency:
eXp Realty, LLC
(850) 896-5899
Listed By:
Rachel N Warrell · License #SL3432761
(850) 896-5899
Added: Nov 5, 2025
Changed: May 30
Last Checked: Aug 6 at 2:06PM
MLS# 781283
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.
Investment Insights
Based on property information with market context.
This Gulf-front lot, located at 5101 Gulf Drive in Panama City Beach, presents a rare opportunity to build a custom coastal residence. The cleared and ready-to-build parcel offers panoramic views of the Gulf of Mexico and direct beach access. Utilities are available, and there are no HOA restrictions. The property is ideally suited for a custom luxury home, vacation retreat, or short-term rental investment. Its location provides convenient access to dining, marinas, and local attractions, including Schooners and St. Andrews State Park. This Gulf-front property offers a balance of privacy and convenience. Opportunities to own Gulf-front land in Panama City Beach are limited.
Key Highlights
- Direct Gulf‑front parcel with sweeping Gulf views and direct beach access.
- Ready to build: Cleared lot with utilities available.
- No HOA restrictions, offering design and rental flexibility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Gulf-front lot in Panama City Beach with no HOA.
Where is this waterfront land located?
The property is located at 5101 Gulf Drive 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.; Ready to build: Cleared lot with utilities available.; No HOA restrictions, offering design and rental flexibility.
