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For sale
  • $385,900

    5115 Gulf Dr Unit 1403, Panama City Beach, FL 32408

    1beds
    883sqft
    : 
    $3,295/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $437/sqft
    $790/mo HOA

    What's special

    Private balconyBeautifully maintained condoBreathtaking viewsFull deep cleanStainless steel appliances
    Some beachfront condos sell because they're on the beach. Others stand out because of what buyers experience the moment they walk through the door. Seychelles 1403 is one of those properties. Positioned in the desirable mid-stack of the building, this beautifully maintained Gulf-front residence captures the sweeping views buyers come to Panama City Beach for while offering a floor plan that keeps the emerald waters and sugar-white sand beaches front and center. Expansive 9-foot sliding glass doors flood the living area with natural Florida sunshine and frame breathtaking panoramic Gulf views, creating a bright, open atmosphere that immediately feels like a true coastal retreat. Step onto the private Gulf-front balcony and enjoy the sights and sounds of the beach below. Whether you're starting your day with a cup of coffee or unwinding after an afternoon on the sand, the Gulf provides the perfect backdrop for relaxed beachfront living. Unlike many competing properties, this condo has been exceptionally well maintained and thoughtfully refreshed, allowing the next owner to begin enjoying it immediately without the need for costly updates or renovations. Recent improvements include new televisions in both the living room and bedroom, all-new rugs throughout the condo and on the balcony, and a complete deep cleaning, ensuring a fresh, turnkey presentation. Luxury vinyl plank flooring throughout and stainless-steel appliances provide a clean, modern, and low-maintenance interior. Offered fully furnished and rental-ready, the condo comfortably accommodates up to six guests with a king-sized bed in the primary suite, built-in hallway bunks, and a sleeper sofa in the living room. Whether you're seeking a personal beachfront getaway, second home, or income-producing investment property, the flexible floor plan is designed to meet a variety of ownership goals. Adding even more value, quarterly HOA dues cover all major utilities, including electricity, water, cable, and WiFi, helping simplify ownership costs and making budgeting more predictable. Located within the amenity-rich Seychelles Beach Resort, owners and guests enjoy two Gulf-front pools, a hot tub, fitness center, conference room, covered parking garage with convenient walkover access, optional onsite rental management, and strong building security. The resort's reputation with vacationers, combined with its location on the quieter east end of Panama City Beach near St. Andrews State Park, continues to make it a favorite destination for repeat visitors year after year. Conveniently located near dining, shopping, entertainment, boating, fishing, and outdoor recreation, Seychelles offers the perfect combination of beachfront tranquility and easy access to everything Panama City Beach has to offer. Whether you're searching for a proven investment property or your own slice of paradise on the World's Most Beautiful Beaches, Seychelles 1403 delivers the combination buyers value most: spectacular Gulf views, turnkey condition, outstanding amenities, all-inclusive HOA coverage, and a location that continues to attract owners and guests alike. All measurements and information are deemed reliable but should be verified if important.
    170 days
    166
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    John B Skinner Jr. 850-543-5763,

    Keller Williams Realty Emerald

    Source: CPAR,MLS#: 786857MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Full Bath, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 12 x 10
      Other
      • Level: First
      • Dimensions: 8 x 6
      Kitchen
      • Level: First
      • Dimensions: 8 x 6
      Living room
      • Level: First
      • Dimensions: 16 x 13
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Convection Oven, Electric Range, Electric Water Heater
      Features
      • Coffered Ceiling(s), Main Level Primary, Tub Shower
      Interior area
      • Total structure area: 883
      • Total interior livable area: 883 sqft

      Property

      Features
      • Patio & porch: Balcony
      • Pool features: In Ground, Community
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Gulf, Lagoon
      • Has water view: Yes
      • Water view: Bay,Gulf,Lagoon
      • Waterfront features: Gulf
      Lot
      • Features: Sprinkler System
      Details
      • Parcel number: 31437400119
      • Zoning description: Resid Multi-Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available, Phone Connected

      Community & HOA

      Community
      • Features: Beach, Clubhouse, Elevator, Fitness Center, Game Room, Gated, Waterfront, Community Pool, Short Term Rental Allowed
      • Security: Fire Alarm, Smoke Detector(s), Security Service
      • Subdivision: Seychelles Resort Condominium
      HOA
      • Has HOA: Yes
      • Amenities included: Other, See Remarks
      • Services included: Cable TV, Electricity, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Recreation Facilities, Sewer, Trash, Water
      • HOA fee: $2,370 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $437/sqft
      • Tax assessed value: $379,100
      • Annual tax amount: $3,553
      • Date on market: 3/16/2026
      • Cumulative days on market: 103 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/7/2026Price change$385,900-2.3%$437/sqft
        Source: CPAR #786857 Report a problem
        3/16/2026Listed for sale$395,000+51.9%$447/sqft
        Source: CPAR #786857 Report a problem
        3/14/2007Sold$260,000$294/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,680 +2%$233,058 +10%
        2023$3,606 +18%$211,871 +10%
        2022$3,056 $192,610
        2021-- --
        2020$2,197 +17.3%$163,719 +10%
        2019$1,874 $148,835 -15%
        2018$1,874 -16%$175,100 +3%
        2017$2,232 +2.3%$170,000 +3.5%
        2016$2,182 +5%$164,329 +10%
        2015$2,079 $149,390 +10%
        2014$2,079 $135,809 +10%
        2013-- $123,463 +5.3%
        2012-- $117,300 -0.7%
        2011-- $118,150 -19%
        2010-- $145,775 -16.7%
        2009-- $175,100 -12.4%
        2008-- $199,818 -17.4%
        2007-- $241,910 +759.5%
        2006-- $28,144
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        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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