For sale

Price cut: $5K (8/12)

$405,000

5115 Gulf Dr Unit 1904, Panama City Beach, FL 32408

1beds

883sqft

$3,419/mo

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Condominium

Built in 2006

-- sqft lot

$381,500 Zestimate^®

$459/sqft

$790/mo HOA

What's special

Gulf of mexicoModern finishesPrivate balconyStunning viewsBreathtaking floor-to-ceiling gulf viewsQuartz countertopsOpen-concept layout

Fully Furnished Gulf-Front Condo with Stunning Views Welcome to Unit 1904 at 5115 Gulf Drive, an immaculate 1-bedroom, 2-bath luxury condo perfectly situated on the sugar-white sands of Panama City Beach. This turnkey, fully furnished residence offers breathtaking floor-to-ceiling Gulf views, modern finishes, and resort-style amenities—ideal as a vacation home, full-time residence, or income-producing rental. Step inside to find an open-concept layout with hardwood floors throughout, a spacious living area, gourmet kitchen featuring quartz countertops and stainless-steel appliances, and a private balcony perfect for enjoying spectacular sunsets over the Gulf of Mexico.

303 days
87
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Kitchen, Living Room, Primary Bedroom

Primary bedroom

Level: First
Dimensions: 12 x 10

Kitchen

Level: First
Dimensions: 8 x 6

Living room

Description: Living/Dining Combo
Level: First
Dimensions: 13 x 16

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Range, Electric Water Heater

Features

Main Level Primary

Interior area

Total structure area: 883
Total interior livable area: 883 sqft

Property

Parking

Total spaces: 1
Parking features: Parking Lot
Garage spaces: 1

Features

Patio & porch: Balcony
Pool features: In Ground, Community
Spa features: Community
Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf
Waterfront features: Gulf

Details

Parcel number: 31437400165
Special conditions: Listed As-Is

Construction

Type & style

Home type: Condo
Architectural style: High Rise
Property subtype: Condominium
Attached to another structure: Yes

Materials

Block, Concrete, Stucco

Condition

New construction: No
Year built: 2006

Utilities & green energy

Utilities for property: Electricity Available, Sewer Available

Community & HOA

Community

Features: Clubhouse, Elevator, Fitness Center, Game Room, Pool, Waterfront, Community Pool, Short Term Rental Allowed
Subdivision: Seychelles Resort Condominium

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Other, See Remarks
HOA fee: $2,369 quarterly

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $459/sqft
Tax assessed value: $379,100
Annual tax amount: $3,680
Date on market: 7/9/2026
Cumulative days on market: 303 days
Electric utility on property: Yes

Estimated market value

$381,500

$362,000 - $401,000

$1,936/mo

Price history

Date	Event	Price
8/12/2026	Price change	$405,000-1.2%$459/sqft
Source: ECAOR #988744 Report a problem
7/9/2026	Listed for sale	$410,000$464/sqft
Source: CPAR #781076 Report a problem
6/24/2026	Pending sale	$410,000$464/sqft
Source: ECAOR #988744 Report a problem
11/3/2025	Listed for sale	$410,000+88.2%$464/sqft
Source: ECAOR #988744 Report a problem
12/28/2017	Sold	$217,900-3.1%$247/sqft
Source: CPAR #665409 Report a problem
12/3/2017	Pending sale	$224,900$255/sqft
Source: Panama City Beach #665409 Report a problem
11/22/2017	Listed for sale	$224,900+20.9%$255/sqft
Source: Keller Williams Success Realty #665409 Report a problem
2/3/2015	Sold	$186,000-1.6%$211/sqft
Source: CPAR #626856 Report a problem
12/17/2014	Listed for sale	$189,000-28.7%$214/sqft
Source: Jim Free Realty #626856 Report a problem
4/7/2012	Listing removed	$265,000$300/sqft
Source: Jim Free Realty Report a problem
9/28/2008	Listed for sale	$265,000-3.1%$300/sqft
Source: Jim Free Realty Report a problem
6/7/2006	Sold	$273,600$310/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax 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 +3.3%
2016	$2,182 +5%	$164,645 +10.2%
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