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Lot/land
  • $899,000

    5101 Gulf Dr APT D, Panama City Beach, FL 32408

    --beds
    --baths
    4,356Square Feet
    Unimproved Land
    Built in ----
    4,356 Square Feet Lot
    $917,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Direct beach accessRare gulf-front opportunityReady-to-build gulf-front lot
    Rare Gulf-Front Opportunity! Build your dream coastal retreat on this ready-to-build Gulf-front lot located at 5101 Gulf Drive in Panama City Beach. Enjoy panoramic views of the Gulf of Mexico, direct beach access, and an unbeatable location near Schooners and St. Andrews State Park. No HOA and utilities available. Perfect for a custom luxury home or vacation rental investment--one of the few remaining Gulf-front parcels in the area. Perfectly positioned near Schooners, Patches Pub, and St. Andrews State Park, this Gulf-front property offers the perfect balance of privacy and convenience--just minutes from dining, marinas, and Panama City Beach's most desirable attractions. Whether your vision is a custom luxury residence, a vacation retreat, or an income-producing investment, this ready-to-build homesite delivers the flexibility and freedom to bring your dream to life. With utilities available and no HOA restrictions, you can design and build to fully capture the panoramic Gulf views and coastal lifestyle. Property Features: Direct Gulf-front parcel with sweeping Gulf views; Cleared and ready to build; Utilities available; No HOA restrictions; Ideal for a custom home or short-term rental investment; Prime location near restaurants, shops, and marinas Opportunities to own true Gulf-front land in Panama City Beach are extremely limited. Schedule your private showing today and start planning your modern coastal masterpiece surrounded by emerald waters and endless sunsets.
    232 days
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    159
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rachel N Warrell 850-896-5899,

    eXp Realty, LLC

    Source: CPAR,MLS#: 781283MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf, See Remarks
      • Frontage length: 22
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 22 x 200
      • Features: Paved
      Details
      • Additional structures: None
      • Parcel number: 32254000000
      • Zoning description: County

      Community & HOA

      Community
      • Subdivision: Gulf Lagoon Beach
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Tax assessed value: $1,299,839
      • Annual tax amount: $13,936
      • Date on market: 4/29/2026
      • Cumulative days on market: 221 days

        Estimated market value

        $917,100

        $614,000 - $1.31M

        $4,058/mo

        Price history

        DateEventPrice
        4/29/2026Listed for sale$899,000
        Source: CPAR #781283 Report a problem
        3/30/2026Pending sale$899,000
        Source: CPAR #781283 Report a problem
        12/9/2025Price change$899,000-10%
        Source: CPAR #781283 Report a problem
        11/5/2025Listed for sale$999,000-71.4%
        Source: CPAR #781283 Report a problem
        4/10/2023Listing removed$3,499,000
        Source: CPAR #731451 Report a problem
        2/20/2023Price change$3,499,000-6.7%
        Source: CPAR #731451 Report a problem
        8/28/2022Listed for sale$3,750,000+63.3%
        Source: CPAR #731451 Report a problem
        6/1/2021Listing removed--
        Source: CPAR #704958 Report a problem
        3/30/2021Price change$2,297,000+9.4%
        Source: CPAR #704958 Report a problem
        11/24/2020Listed for sale$2,100,000-8.6%
        Source: Keller Williams Success Realty #704958 Report a problem
        10/17/2020Listing removed$2,297,000
        Source: Keller Williams Success Realty #687528 Report a problem
        8/21/2019Listed for sale$2,297,000+2602.4%
        Source: Keller Williams Success Realty #687528 Report a problem
        4/14/2014Sold$85,000-42.4%
        Source: Public Record Report a problem
        9/3/2013Sold$147,500-15.7%
        Source: Public Record Report a problem
        3/27/2013Listed for sale$175,000-82.5%
        Source: Neubauer Real Estate, Inc. ERA #607579 Report a problem
        8/10/2004Sold$1,000,000+566.7%
        Source: Public Record Report a problem
        3/8/2000Sold$150,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$13,936 +5.1%$1,002,154 +10%
        2023$13,254 +24%$911,049 +10%
        2022$10,687 $828,226
        2021-- --
        2020$3,341 +21.1%$222,906 +10%
        2019$2,758 $202,642 +10%
        2018$2,758 +16%$184,220 +10%
        2017$2,378 +11.6%$167,473 +10%
        2016$2,131 +12.1%$152,248 +5.7%
        2015$1,901 $144,040 +2.9%
        2014$1,901 $139,936 -54.6%
        2011-- $308,419 -12%
        2010-- $350,646 +10%
        2009-- $318,769 -39.2%
        2008-- $524,126 -9.2%
        2007-- $577,516 -36.6%
        2006-- $910,439 +1.9%
        2005-- $893,655 +477.8%
        2004-- $154,664
        2003-- $154,664 +20.7%
        2002-- $128,169
        2001-- $128,169 +45.4%
        2000-- $88,169
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        48 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Patronis
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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