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Waterfront Land Parcel
For Sale
$1,820,000
Pending

5403 Gulf Drive, Panama City Beach, FL 32408

Waterfront land in Bay County with straightforward access from the St. Andrews area via Gulf Drive.

Property SizeContact for details
Days on Market308

Property Features for 5403 Gulf Drive

General Information

Standard status Pending
Property subtype Land
Zoning Commercial, Resid Single

Taxes and HOA fees

Annual Taxes $10,694
Listing Agency: Think Real Estate
Listed By: The Sanchez Group
Source: Evrealestate
Added: Oct 31, 2025 Changed: Aug 24 Last Checked: Sep 2 at 2:07PM

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 Think Real Estate

Investment Insights

Based on property information with market context.

This offering is a waterfront land parcel marketed for sale in Bay County. The property is presented as raw land with access provided directly via Gulf Drive.

Directions are described from St. Andrews State Park: head west along Thomas Drive until reaching Hurt Street, turn left, then follow the road to Gulf Drive and continue into the lot. The location is specifically identified at 5403 Gulf Drive in Panama City Beach, Florida 32408.

For buyers seeking waterfront land, this site can be a starting point for a development concept where waterfront positioning is an important site requirement. Because the listing information provided does not include utilities, entitlements, or site dimensions, prospective buyers should confirm the specific development requirements during diligence, including how the parcel’s existing access and any necessary site preparations would align with their intended use.

Key Highlights

  • Waterfront land in Bay County.
  • Access from the St. Andrews area via Gulf Drive: from St. Andrews State Park west on Thomas Drive to Hurt Street, then left to Gulf Drive and the lot.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Dental Office Law Firm Auto Repair Shop Pharmacy Auto Parts Store 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

376
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 - Waterfront land in Bay County with straightforward access from the St. Andrews area via Gulf Drive.
Where is this waterfront land located?
The property is located at 5403 Gulf Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $1,820,000.
What are key features of this property?
This property features: Waterfront land in Bay County.; Access from the St. Andrews area via Gulf Drive: from St. Andrews State Park west on Thomas Drive to Hurt Street, then left to Gulf Drive and the lot.
More about this property
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