5920/5922 Gulf Drive, Panama City, FL 32408

$795,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$795,000
Status
ACTIVE
MLS#
792773
Subtype
Land
Lot Size
4,000
Acres
0.09
Subdivision
Crescent Beach Unit 1
Neighborhood
Beach - South of Grand Lagoon
MLS Area Major
Bay County - Beach

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.

Additional Information

Elementary School
Patronis
Middle School
Surfside
High School
Arnold

Listing courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks