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Gulf-Front Waterfront Land
For Sale
$1,820,000
Pending

5403 Gulf Drive, Panama City, FL 32408

LAND - Panama City, FL

Property SizeContact for details
Lot Size0.29 Acres
Days on Market357

Property Features for 5403 Gulf Drive

General Information

Property type Land
Property subtype Other
Subdivision Gulf Lagoon Beach
Elementary school Patronis
Middle school Surfside
High school Arnold
Directions From St. Andrews State Park, head west along Thomas Drive until you reach Hurt Street, then turn left that road leads directly to Gulf drive and run into the lot.
Standard status Pending
APN 32282-000-000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description GULF LAGOON BEACH LOT 1 BLK 6 ORB 4073 P 2133
Tax Annual Amount 10695
Legal Description GULF LAGOON BEACH LOT 1 BLK 6 ORB 4073 P 2133

Utilities

Water front 1
Listing Agency: Think Real Estate
Listed By: The Sanchez Group
Added: Sep 10, 2025 Changed: Aug 7 Last Checked: Sep 1 at 6:06PM
MLS# 778820

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 cleared 0.29-acre waterfront parcel offers Gulf frontage with direct proximity to public beach access #7. The property is zoned mixed-use and has no HOA restrictions, providing a flexible land-use framework for future planning.

Paved road access is in place, while public utilities are located nearby. The site is addressed at 5403 Gulf Drive in Panama City, Florida, within Bay County.

Key Highlights

  • 0.29‑acre Gulf‑front parcel
  • Adjacent to public beach access #7
  • Cleared site with mixed‑use zoning

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.

Lease Details

Yes
Paved road access
Yes
Utilities to site

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 - Cleared mixed-use parcel with paved road access and nearby public utilities.
Where is this waterfront land located?
The property is located at 5403 Gulf Drive Panama City, 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: 0.29‑acre Gulf‑front parcel; Adjacent to public beach access #7; Cleared site with mixed‑use zoning
More about this property
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