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Property view

5309 Gulf Drive, 
Panama City Beach, FL 32408

$2,450,000


4

Beds


3

Baths


1,786

Sq Ft


Single Family

Sold

Listed by

Kristen Counts Barr

Bought with Think Real Estate

Counts Real Estate Group Inc

MLS#

785010

Source:

FL BCMLS

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About This Home

5309 Gulf Drive

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1997

Subdivision & Development:

Gulf Lagoon Beach

Price Summary

2,695,000

$1,508 per Sq. Ft.

MLS #:

785010

Sold:

May 22, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,786 Sq. Ft.


Structure

Structure

Architectural Style:

Coastal

Building Area:

1,786 Sq. Ft.

Year Built:

1997


Lot

Lot Size (Sq. Ft):

12,632


Finances & Disclosures

Finances

Price:

$2,695,000

Price per Sq. Ft:

$1,508 per Sq. Ft.

Source:FL BCMLS
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