Address
5920/5922 Gulf Drive, Panama City, FL
Price
$ 795,000
Property Attributes
  • MLS#792773
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area03 - Bay County - Beach
  • NeighborhoodCrescent Beach Unit 1
  • Zip32408
  • Style
  • Price$ 795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.09 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Rare east-end Panama City Beach opportunity just off the Gulf. These two adjoining parcels total approximately 45' x 100' and offer an exceptional setting for a custom beach retreat or coastal project. Located just east of Hadley's Beach and just a short distance from the sand, this property gives you the beachside lifestyle without being tied to an HOA. Enjoy the flexibility of no HOA dues, no HOA approval process, and no neighborhood rental restrictions imposed by an association, while still being close to the water, Thomas Drive, St. Andrews State Park, Shell Island excursions, Grand Lagoon marinas, restaurants, beach bars, fishing, boating, and the quieter charm of the east end. The property is zoned SR-2 Seasonal/Resort and is located in Flood Zone X, adding to its appeal for buyers looking for a flexible beach-area opportunity in a highly desirable location. Buyer to verify zoning, permitted uses, setbacks, buildable envelope, utilities, lot-combination requirements, flood zone, coastal construction requirements, and any short-term rental or development requirements with Bay County.

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
7/17/2026 Listed $795,000

General Features

Utilities Sewer Available
Property Subtype Residential
Tax Year 2025
County Bay
Property Type Land
HOA false
Subdivision Name Crescent Beach Unit 1
Status Active
Directions located just east of Hadley's Beach on Gulf Drive across the street from the beach.
High School Arnold
City Panama City
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 4000
Elementary School Patronis
Middle/Junior High School Surfside
MLS Area Minor 0323 - Beach - South of Grand Lagoon
Standard Status Active
Property Sub Type Additional Residential,Unimproved Land

Exterior Features

Lot Size Area 0.09
Lot Dimensions 45x100
Lot Size Acres 0.09
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32408

Price
AVG $1.37M
$800K

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