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For sale
  • Price cut: $39.1K (8/6)
    $799,900

    5115 Gulf Dr Unit 409, Panama City Beach, FL 32408

    3beds
    1,425sqft
    : 
    $6,404/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $765,600 Zestimate®
    $561/sqft
    $1,267/mo HOA

    What's special

    Hot tubGated parking garageWest-facing unitStainless appliancesWhite cabinets
    Condo Just Reduced $25K for QUICK CLOSE! This is one of the few condos that has paid off in advance ALL HOA Assessments, including the Everything is a Dollar procurement!! This is THE condo of your dreams! This west-facing unit offers floor to ceiling unobstructed views from the kitchen, dining room, and living area all the way down the beach to Phillips Inlet on a clear day!! Seychelles sits right beside Schooners, so dinner is only an elevator ride away. Situated on the ideal 4th floor, you will be at the perfect height to dodge the noise of the pool deck and have easy access to your room without using the elevators. And, you have a huge balcony that wraps from the master bedroom, past the living room, and all the way around to the guest bedroom balcony! This unit was fully renovated in 2019 and includes all new wood-look luxury vinyl plank flooring, coastal wall colors and furnishings, updated fans and led lighting, wall mounted flat screen TV's, stainless appliances, full sized stackable washer/dryer, new single-level kitchen countertops with porcelain backsplash, white cabinets, and a spectacular master bathroom with double shower heads, tiled walls and floors, and double vanities. It is in pristine condition as the sellers never put it on a rental program. And, Seychelles is one of the only resorts that includes your electricity in your HOA fees! This complex has 2 Gulf front pools, a hot tub, gated parking garage, conference center, and state of the art fitness center! Plus, outdoor closets are available to rent. Note: All measurements are approx. Please verify if important!
    128 days
    465
    22

    Zillow last checked:

    Listing updated:

    Listed by:

    Ricky Lee Jones 850-290-2901,

    The Premier Property Group,

    Karen E Jones 850-290-2908,

    The Premier Property Group

    Source: CPAR,MLS#: 788896MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 13 x 12
      Bedroom
      • Level: First
      • Dimensions: 12 x 11
      Other
      • Level: First
      • Dimensions: 10 x 10
      Dining room
      • Level: First
      • Dimensions: 14 x 12
      Kitchen
      • Level: First
      • Dimensions: 11 x 10
      Living room
      • Level: First
      • Dimensions: 16 x 13
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Water Heater
      Features
      • Balcony, Double Vanity, Main Level Primary, Separate Shower
      Interior area
      • Total structure area: 1,425
      • Total interior livable area: 1,425 sqft

      Property

      Parking
      • Total spaces: 1
      • Covered spaces: 1
      Features
      • Pool features: Community
      • Spa features: Community
      • Has view: Yes
      • View description: Gulf, Water
      • Has water view: Yes
      • Water view: Gulf,Water
      • Waterfront features: Gulf, Shoreline - Sand
      Details
      • Parcel number: 31437400035
      • 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

      • Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Beach, Fitness Center, Pool, Waterfront, Community Pool, Short Term Rental Allowed
      • Security: Security Service
      • Subdivision: Seychelles Resort Condominium
      HOA
      • Has HOA: Yes
      • Amenities included: Other, See Remarks
      • Services included: Association Management, Cable TV, Electricity, Fitness Facility, Insurance, Internet, Legal/Accounting, Pest Control, Pool(s), Sewer, Security, Water
      • HOA fee: $3,800 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $561/sqft
      • Tax assessed value: $579,700
      • Annual tax amount: $6,467
      • Date on market: 4/25/2026
      • Cumulative days on market: 129 days
      • Electric utility on property: Yes

        Estimated market value

        $765,600

        $727,000 - $804,000

        $2,695/mo

        Price history

        DateEventPrice
        8/6/2026Price change$799,900-4.7%$561/sqft
        Source: CPAR #788896 Report a problem
        7/25/2026Price change$839,000-1.2%$589/sqft
        Source: CPAR #788896 Report a problem
        5/27/2026Price change$849,000-4.6%$596/sqft
        Source: CPAR #788896 Report a problem
        4/25/2026Listed for sale$890,000+111.9%$625/sqft
        Source: CPAR #788896 Report a problem
        12/8/2017Sold$420,000-1.6%$295/sqft
        Source: CPAR #662503 Report a problem
        10/25/2017Pending sale$426,900$300/sqft
        Source: The Premier Property Group #662503 Report a problem
        8/28/2017Listed for sale$426,900+10.9%$300/sqft
        Source: The Premier Property Group #662503 Report a problem
        1/20/2015Sold$385,000-10.6%$270/sqft
        Source: Public Record Report a problem
        5/23/2006Sold$430,600$302/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,435 +2.9%$475,167 +10%
        2023$6,251 +17.5%$431,970 +10%
        2022$5,321 $392,700
        2021-- --
        2020$4,017 +6.3%$326,931 +7.7%
        2019$3,779 $303,450 -15%
        2018$3,779 -16.2%$357,000 +6.6%
        2017$4,509 +5.8%$334,900 +4.2%
        2016$4,261 +2.7%$321,258 +6.8%
        2015$4,149 $300,911 +10%
        2014$4,149 $273,555 +10%
        2013-- $248,686
        2012-- $248,686 -9.7%
        2011-- $275,400 -7.5%
        2010-- $297,597
        2009-- $297,597 -3.3%
        2008-- $307,724 -17.3%
        2007-- $371,960 +718.9%
        2006-- $45,420
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        43 / 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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