5101 Gulf Dr, Unit D

Panama City, FL 32408

$899,000
Price
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Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Rare Gulf-Front Opportunity! Build your dream coastal retreat on this ready-to-build Gulf-front lot located at 5101 Gulf Drive in Panama City Beach. Enjoy panoramic views of the Gulf of Mexico, direct beach access, and an unbeatable location near Schooners and St. Andrews State Park. No HOA and utilities available. Perfect for a custom luxury home or vacation rental investment—one of the few remaining Gulf-front parcels in the area. Perfectly positioned near Schooners, Patches Pub, and St. Andrews...Rare Gulf-Front Opportunity! Build your dream coastal retreat on this ready-to-build Gulf-front lot located at 5101 Gulf Drive in Panama City Beach. Enjoy panoramic views of the Gulf of Mexico, direct beach access, and an unbeatable location near Schooners and St. Andrews State Park. No HOA and utilities available. Perfect for a custom luxury home or vacation rental investment—one of the few remaining Gulf-front parcels in the area. Perfectly positioned near Schooners, Patches Pub, and St. Andrews State Park, this Gulf-front property offers the perfect balance of privacy and convenience—just minutes from dining, marinas, and Panama City Beach's most desirable attractions. Whether your vision is a custom luxury residence, a vacation retreat, or an income-producing investment, this ready-to-build homesite delivers the flexibility and freedom to bring your dream to life. With utilities available and no HOA restrictions, you can design and build to fully capture the panoramic Gulf views and coastal lifestyle. Property Features: Direct Gulf-front parcel with sweeping Gulf views; Cleared and ready to build; Utilities available; No HOA restrictions; Ideal for a custom home or short-term rental investment; Prime location near restaurants, shops, and marinas
Opportunities to own true Gulf-front land in Panama City Beach are extremely limited. Schedule your private showing today and start planning your modern coastal masterpiece surrounded by emerald waters and endless sunsets.
  1. Listed by Rachel N Warrell • eXp Realty, LLC

Property Details for 5101 Gulf Drive, Unit D

Waterfront
Yes
Subdivision Name
Gulf Lagoon Beach
View
Gulf
Zoning Description
County
View
Yes
LISTING UPDATED: 12/09/2025 01:17 PM

Property Details for 5101 Gulf Drive, Unit D

StatusActive
MLS #781283
Days on Market40
Taxes$13,936 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Unimproved Land / Unimproved Land
Year Built-
Lot Size0.10 AC
CountyBay County

Location

Listing Courtesy of eXp Realty, LLC
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Building Information for 5101 Gulf Drive, Unit D

Building Size-Lot Size0.10 AC

Payment Calculator

$5,604 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,442

Property Taxes

$1,161

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5101 Gulf Drive, Unit D

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: East end of Thomas Dr. Turn south on Huff and then left on Gulf. East of SCHOONER'S, directly on the Gulf. Sign in front of lot
  • State Region: FL
  • Postal Code: 32408
  • Latitude: 30.140436
  • Longitude: -85.753843
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 32254-000-000
  • Association: No
  • Tax Annual Amount: $13,936.00
  • Tax Legal Description: GULF LAGOON BEACH 70B1 & 70B2 BEG AT NW COR LOT 6 TH SELY 21.83' SWLY 200 TO WATER NWLY 18.54' NELY 200' TO POB AKA UNIT D BLK 1 ORB 3599 P 2397 (6.01)
  • Tax Year: 2024
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Property
Lot Information
  • Lot Features: Paved
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Dimensions: 22 x 200
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4400.0
Property and Assessments
  • Other Structures: None
  • Human Modified: No
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet

Property History for 5101 Gulf Drive, Unit D

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Price Change

CPAR #781283

$899,000—
Nov 5, 2025

Listed (Active)

CPAR #781283

$999,000—
Aug 1, 2023

Expired

CPAR #731451

$3,499,000—
Aug 28, 2022

Listed (Active)

CPAR #731451

$3,750,000—
Jun 1, 2021

Expired

CPAR #704958

$2,297,000—
Nov 24, 2020

Listed (Active)

CPAR #704958

$2,100,000—
Oct 1, 2020

Expired

CPAR #687528

$2,297,000—
Aug 21, 2019

Listed (Active)

CPAR #687528

$2,297,000—
Apr 10, 2014

Sold (Public Record)

Public Record #414058257

$85,000

-22.5% / yr

Aug 10, 2004

Sold (Public Record)

Public Record #139711218

$1,000,000—
Aug 6, 2004

Sold

CPAR #320457

$1,000,000—
Jul 12, 2004

Pending

CPAR #320457

—
Jul 1, 2004

Listed (Active)

CPAR #320457

$950,000—
DateEvent & SourcePrice
12/09/2025

Price Change

CPAR #781283

$899,000
11/05/2025

Listed (Active)

CPAR #781283

$999,000
08/01/2023

Expired

CPAR #731451

$3,499,000
08/28/2022

Listed (Active)

CPAR #731451

$3,750,000
06/01/2021

Expired

CPAR #704958

$2,297,000
11/24/2020

Listed (Active)

CPAR #704958

$2,100,000
10/01/2020

Expired

CPAR #687528

$2,297,000
08/21/2019

Listed (Active)

CPAR #687528

$2,297,000
04/10/2014

Sold (Public Record)

Public Record #414058257

$85,000

-22.5% / yr

08/10/2004

Sold (Public Record)

Public Record #139711218

$1,000,000
08/06/2004

Sold

CPAR #320457

$1,000,000
07/12/2004

Pending

CPAR #320457

—
07/01/2004

Listed (Active)

CPAR #320457

$950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5101 Gulf Drive, Unit D

Taxable ValueLand$712,800Additions$587,039Total$1,299,839
Tax Record2024$13,936 ($1,161 / month)
Home Facts
Beds4Total Finished SqFt4,770 SqFtAbove Grade Finished SqFt4,770 SqFtStories2Lot Size4,400 SqFtStyleSingle Family ResidenceYear Built2021ZoningBC23CountyBAYAPN32254-000-000Fireplace TypeHas Fireplace

Schools near 5101 Gulf Drive, Unit D

This home is within Bay.
Rating
School
Type
Grades
Distance
Patronis Elementary School
Public - K to 5
Surfside Middle School
Public - 6 to 8
J.R. Arnold High School
Public - 9 to 12
St. Andrew School
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5101 Gulf Drive, Unit D, Panama City, FL 32408

5101 Gulf Drive, Unit D is a single family home for sale in Panama City, FL 32408. This property was listed for sale on November 5, 2025 by eXp Realty, LLC, it's currently listed at $899,000. It has been on the market for a total of 40 days and was last sold on April 10, 2014. This listing's school district is Bay. Nearby schools include Patronis Elementary School, Surfside Middle School and J.R. Arnold High School. 5101 Gulf Drive, Unit D is a 0-bed, 0-bath, single family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of eXp Realty, LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.