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Sold for $2,450,000
  • $2,450,000

    5309 Gulf Dr, Panama City Beach, FL 32408

    4beds
    1,786sqft
    Single Family Residence
    Built in 1997
    0.29 Acres Lot
    $-- Zestimate®
    $1,372/sqft
    $3,040 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,040/mo

    Zestimate® history
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    What's special

    Updated plumbing and wiringDurable metal roofOak flooringSolid shiplap interior wallsElevated designAll new hurricane-impact windowsHurricane strapping
    Charming coastal retreat with timeless beach-house appeal, ideally located on the highly sought-after east end of Panama City Beach. This beautifully renovated 4-bedroom, 2.5-bath Gulf-front home sits on an expansive 50' x 250' lot and offers stunning Gulf views from most rooms, including the primary suite, secondary bedrooms, living room, and kitchen — plus more than 2,000 square feet of balconies and decks designed to soak in the scenery. The elevated design features a spacious lower level with dual garage bays, providing generous space for parking, storage, beach gear, and all your outdoor toys. Just beyond, the covered ground-level entertaining area is built for relaxation, complete with ample seating and swing seating — perfect for game days, gatherings with friends, or unwinding while enjoying the Gulf breeze and open views. Inside, a full renovation showcases exceptional craftsmanship and high-end designer finishes throughout. The kitchen and bathrooms feature Italian Carrara marble, Viking appliances, Kohler and Newport Brass fixtures, Ann Sacks and Aguayo tile, and custom details at every turn. The living area and kitchen are accented by stunning 200-year-old hand-hewn salvaged beams, blending historic character with modern coastal luxury. Smart home technology includes Control4 lighting and automation, security cameras, and integrated flat-screen TVs. Major upgrades provide peace of mind and efficiency, including all new hurricane-impact windows, solid shiplap interior walls, oak flooring, updated plumbing and wiring, a 5-ton HVAC system, hurricane strapping, and a durable metal roof. This home is truly turn-key and ready to enjoy. Whether you're searching for a primary residence, luxury vacation getaway, or high-performing investment property, this Gulf-front gem delivers the relaxed beach lifestyle buyers dream about — just bring your flip-flops and start living on island time.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristen Counts Barr 850-832-3728,

    Counts Real Estate Group Inc

    Bought with:

    Landon O Stewart, 251023544

    Think Real Estate

    Source: CPAR,MLS#: 785010MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Second
    • Dimensions: 16 x 11.8
    Bedroom
    • Level: Second
    • Dimensions: 12.4 x 12.2
    Kitchen
    • Level: Second
    • Dimensions: 13 x 16.2
    Living room
    • Level: Second
    • Dimensions: 21.4 x 16.2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
    • Laundry: Stacked
    Features
    • Windows: Double Pane Windows, Storm Window(s)
    Interior area
    • Total structure area: 1,786
    • Total interior livable area: 1,786 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Deck
    • Exterior features: Deck
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    • Frontage length: 50
    Lot
    • Size: 0.29 Acres
    • Dimensions: 50 x 250
    • Features: Paved
    Details
    • Parcel number: 32277000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Pillar/Post/Pier
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Security: Security System, Smoke Detector(s)
    • Subdivision: Gulf Lagoon Beach
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $1,372/sqft
    • Tax assessed value: $1,600,139
    • Annual tax amount: $19,737
    • Date on market: 2/10/2026
    • Cumulative days on market: 85 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/22/2026Sold$2,450,000-9.1%$1,372/sqft
    Source: CPAR #785010 Report a problem
    5/8/2026Pending sale$2,695,000$1,509/sqft
    Source: CPAR #785010 Report a problem
    3/28/2026Price change$2,695,000-6.9%$1,509/sqft
    Source: CPAR #785010 Report a problem
    2/11/2026Listed for sale$2,895,000+5.3%$1,621/sqft
    Source: CPAR #785010 Report a problem
    6/10/2022Sold$2,750,000+6%$1,540/sqft
    Source: CPAR #725992 Report a problem
    5/2/2022Pending sale$2,595,000$1,453/sqft
    Source: ECAOR #897260 Report a problem
    5/2/2022Listed for sale$2,595,000+214.5%$1,453/sqft
    Source: ECAOR #897260 Report a problem
    5/3/2016Sold$825,000-2.9%$462/sqft
    Source: Public Record Report a problem
    4/6/2016Pending sale$850,000$476/sqft
    Source: Bert Pope & Associates LLC #267192 Report a problem
    3/8/2016Price change$850,000-14.1%$476/sqft
    Source: Zillow Rental Manager Report a problem
    1/7/2016Listed for sale$990,000$554/sqft
    Source: Counts Real Estate Group Inc #639096 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$19,704 +6.2%$1,600,139 +8.1%
    2023$18,547 +48.6%$1,480,262 +47.1%
    2022$12,478 $1,006,119
    2021-- --
    2020$10,362 +7.1%$845,012 +10%
    2019$9,672 $768,193 +12.8%
    2018$9,672 +12.9%$681,083 +6.1%
    2017$8,565 +5.3%$641,948 +20.9%
    2016$8,130 +17.5%$530,862 +1.9%
    2015$6,917 $521,045 -0.1%
    2014$6,917 $521,689 -0.4%
    2013-- $523,539 -7.2%
    2012-- $564,065 -7.1%
    2011-- $607,370 +40%
    2010-- $433,921 +2.7%
    2009-- $422,513 +0.1%
    2008-- $422,091 +3%
    2007-- $409,797 +2.5%
    2006-- $399,802 +3%
    2005-- $388,157 +3%
    2004-- $376,851
    2003-- $376,851 +39.6%
    2002-- $269,947
    2001-- $269,947 +20.1%
    2000-- $224,859
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    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.