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Gulf-Front Lot Ready to Build
For Sale
$899,000

5101 Gulf Drive #D, Panama City, FL 32408

Gulf-front lot in Panama City Beach with no HOA.

Property SizeContact for details
Lot Size0.10 Acres
Days on Market294

Property Features for 5101 Gulf Drive #D

General Information

Standard status Active
Lot size 0.10 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $13,936
Listing Agency: EXP REALTY, LLC
Listed By: RACHEL N WARRELL · License #3432761
Source: Corcoran
Added: Nov 6, 2025 Changed: Aug 8 Last Checked: Jul 15 at 8:15PM

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 EXP REALTY, LLC

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 home. The property offers panoramic views of the Gulf of Mexico and direct beach access. It is situated near Schooners, Patches Pub, and St. Andrews State Park, providing convenient access to dining, marinas, and other attractions. The cleared and ready-to-build parcel has utilities available and no HOA restrictions. This property is suitable for a custom luxury residence, a vacation retreat, or an income-producing investment. It offers the flexibility to design and build to capture the Gulf views and coastal lifestyle.

Key Highlights

  • Direct Gulf‑front property with panoramic Gulf views and direct beach access.
  • Ready‑to‑build lot with utilities available and no HOA restrictions.
  • Ideal for a custom luxury home or short‑term rental investment.

Property Analytics

Current Use

Waterfront Land

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 #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 property with **panoramic Gulf views and direct beach access**.; Ready‑to‑build lot with utilities available and no HOA restrictions.; Ideal for a **custom luxury home or short‑term rental investment**.
More about this property
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