Contact Broker IDX Sites Inc.
Contacting Broker IDX Sites Inc.
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Submit an Offer Now!
Submit an Offer Now!
All fields are required.
Print Flyer
5012 Gulf Drive 2, Panama City Beach, FL 32408
Active
Property Photos
5012 Gulf Drive 2
Image Gallery
Would you like to sell your home before you purchase this one?
Priced at Only: $409,000
For more Information Call:
Address: 5012 Gulf Drive 2, Panama City Beach, FL 32408
Property Location and Similar Properties
All
Similar
  1. Image 1 For 5012 Gulf Drive 2
Request More Information
  • All fields are required.
More Like This
  • MLS#: 783407 ( Residential )
  • Street Address: 5012 Gulf Drive 2
  • Viewed: 47
  • Price: $409,000
  • Price sqft: $502
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 815
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 124
  • Additional Information
  • Geolocation: 30.1406 / -85.7533
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32408
  • Subdivision: Gulfside Condo.
  • Building: Gulfside Condo.
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: LPT Realty LLC
  • DMCA Notice
  • Description
    NOW BACK ON MARKET AT NO FAULT TO THE SELLER New Property Video & 3D Home Tour! Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUBLIC BEACH ACCESS! Simply walk out your front door and you are less than 60 feet from the beach access, making this unit extremely attractive for short term rentals and personal use alike. NO HOA but shared access and maintenance agreement between 4 units. Short term rentals allowed. Large private deck and pool on site. These units are truly a one of a kind opportunity! This ground floor layout is exactly what renters want and owners appreciate, offering easy access with no stairs and immediate proximity to the beach. Located at the end of a quiet cul de sac with no thru traffic, the setting provides a rare balance of privacy and convenience that consistently drives strong rental demand. The unit features updated LVP flooring with upgraded rubber backing, a functional and efficient layout, and durable finishes designed for low maintenance ownership. The building has seen major improvements including solid all brick construction with dual layers of elastomeric stucco and paint, a 2024 standing seam metal roof, updated windows and doors, and water heaters replaced in 2021. Two assigned parking spaces convey with the unit. Walkable to popular beachfront dining including Schooners and positioned directly across from one of the widest public beach access points in PCB. Updated ground floor condos this close to the beach with no HOA, rental flexibility, and a community pool rarely come available. Ideal for investors looking to scale a beach rental portfolio in one location or buyers seeking a simple, low hassle beach property they can actually use and enjoy. Units #1, #3, and #4 are currently also listed for sale, offering an investor the unique opportunity to acquire the entire building. Buyer to verify all measurements and information deemed important.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Patio
  • Flooring: LuxuryVinylPlank
  • Living Area: 0.00
  • Roof: Metal
Land Information
  • Lot Features: Paved
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking, Paved
Eco-Communities
  • Pool Features: Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central, Electric
  • Sewer: PublicSewer
  • Utilities: ElectricityAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: WasherDryerStacked, ElectricRange, ElectricWaterHeater
  • Legal Description: GULFSIDE CONDO APT 2 ORB 494 P 370 2BR 2B 688 H&C ORB 4719 P 1841
  • Levels: Two
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 32256-020-000
  • Style: LowRise
  • The Range: 0.00
  • View: Gulf
  • Views: 47
Similar Properties

Active
Details for 4100 Marriott Drive 706, Panama City, FL 32408
$369,000.00 ($351.76 / sqft )

4100 Marriott Drive 706 Virtual Tour More Like This

Highly coveted 7th floor condo in the 6th stack at Reflections at Bay Point Resort offering the best unobstructed views of the inlet, Gulf, and Shell Island. The view alone will have you starting and

  1. Request Information
  1. Bedrooms: 1
  2. Baths: 1
  3. Approx. 1049 sqft
  1. MLSID: 781572
  2. Provided by Legacy Premier Agency
  3. Provided through
  4. DMCA Notice
56 Pictures and Information
Active
Details for 6505 Thomas 1005, Panama City, FL 32408
$369,000.00 ($343.26 / sqft )

6505 Thomas 1005 More Like This

Experience breathtaking 10th floor Gulf front living in this beautifully appointed 2 bedroom, 2 bath condo. From the moment you walk in, you're greeted with sweeping views of the emerald waters and su

  1. Request Information
  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1075 sqft
  1. MLSID: 782036
  2. Provided by Pineapple Properties
  3. Provided through
  4. DMCA Notice
27 Pictures and Information
Active
Details for 9900 Thomas Drive 107, Panama City, FL 32408
$369,000.00 ($321.43 / sqft )

9900 Thomas Drive 107 More Like This

Welcome to Shores of Panama unit #107, a ground floor condo with 2 Bedroom + Bunk, 3 Full Bath Gulf front condo designed for both personal enjoyment and strong rental appeal. This highly desirable ''B

  1. Request Information
  1. Bedrooms: 2
  2. Baths: 3
  3. Approx. 1148 sqft
  1. MLSID: 789141
  2. Provided by Christies International Real Estate Emerald Coast
  3. Provided through
  4. DMCA Notice
42 Pictures and Information
Active
Details for 9860 Thomas Drive 1026, Panama City, FL 32408
$369,900.00 ($293.11 / sqft )

9860 Thomas Drive 1026 More Like This

Enjoy the amazing Gulf Views from the 10th floor of Laketown Wharf Resort. With private access gate to the beach and 5 pools, pickleball, bars, pizza, seafood, taco, Ice cream and more available, you

  1. Request Information
  1. Bedrooms: 3
  2. Baths: 2
  3. Approx. 1262 sqft
  1. MLSID: 771011
  2. Provided by Coastal Palms Real Estate
  3. Provided through
  4. DMCA Notice
53 Pictures and Information
Active
Details for 9902 Thomas Drive 729, Panama City Beach, FL 32408
$369,900.00 ($293.11 / sqft )

9902 Thomas Drive 729 More Like This

See the gulf and be lake front. Enjoy the space. Live the resort lifestyle. 
welcome to laketown wharf 729, where panoramic gulf views greet you from the front of your 7th floor retreat, and res

  1. Request Information
  1. Bedrooms: 3
  2. Baths: 2
  3. Approx. 1262 sqft
  1. MLSID: 781707
  2. Provided by Coldwell Banker Realty
  3. Provided through
  4. DMCA Notice
35 Pictures and Information
Active
Details for 9850 Thomas Drive 111e, Panama City, FL 32408
$369,900.00 ($607.39 / sqft )

9850 Thomas Drive 111e More Like This

First floor alert with gulf views from the kitchen!!!!! Short term rental with sold bookings already for 2026. Low cost to own. No special assessments... *stunning gulf front condo your dream vacati

  1. Request Information
  1. Bedrooms: 1
  2. Baths: 1
  3. Approx. 609 sqft
  1. MLSID: 784782
  2. Provided by Keller Williams Success Realty
  3. Provided through
  4. DMCA Notice
44 Pictures and Information
Active
Details for 9900 Thomas Drive 330, Panama City, FL 32408
$369,900.00 ($388.96 / sqft )

9900 Thomas Drive 330 Virtual Tour More Like This

Direct gulf views. Rare stack. Year round sunset views. Shores of panama unit 330 is a unique low floor one bedroom with a bunk area and two full bathrooms, featuring unobstructed beach and year round

  1. Request Information
  1. Bedrooms: 1
  2. Baths: 2
  3. Approx. 951 sqft
  1. MLSID: 788558
  2. Provided by Coldwell Banker Realty
  3. Provided through
  4. DMCA Notice
84 Pictures and Information
Active
Details for 9900 Thomas Drive 1219, Panama City Beach, FL 32408
$372,000.00 ($314.19 / sqft )

9900 Thomas Drive 1219 More Like This

Welcome to the 12th floor at Shores of Panama, where Gulf front views and strong rental potential come together in this 2 bedroom + bunk room, 3 bath condo that comfortably sleeps up to 8 guests. This

  1. Request Information
  1. Bedrooms: 2
  2. Baths: 3
  3. Approx. 1184 sqft
  1. MLSID: 785147
  2. Provided by Christies International Real Estate Emerald Coast
  3. Provided through
  4. DMCA Notice
40 Pictures and Information
Active
Details for 9900 Thomas Drive 1911, Panama City, FL 32408
$372,000.00 ($410.14 / sqft )

9900 Thomas Drive 1911 More Like This

Don't miss this beautifully maintained 2BR/2BA condo located on the 19th floor of the sought after Shores of Panama resort. Ideally situated in the center section of the building, this unit offers uno

  1. Request Information
  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 907 sqft
  1. MLSID: 785174
  2. Provided by Compass Florida, LLC
  3. Provided through
  4. DMCA Notice
29 Pictures and Information
Active
Details for 9902 Thomas Drive 1233, Panama City Beach, FL 32408
$374,900.00 ($223.02 / sqft )

9902 Thomas Drive 1233 Green Listing More Like This

Welcome to Laketown Wharf 1233 Experience the pinnacle of modern coastal living in this fully renovated condo. Thoughtfully designed with brand new flooring, freshly painted interiors, and updated

  1. Request Information
  1. Bedrooms: 3
  2. Baths: 3
  3. Approx. 1681 sqft
  1. MLSID: 789436
  2. Provided by Coastal Living Realty & Associates
  3. Provided through
  4. DMCA Notice
62 Pictures and Information
Nearby Subdivisions
[no Recorded Subdiv]   Bay Point Golf Villas I   Bay Point Golf Villas Ii   Bay Point Grand Residences   Bay Point Harbour Villas   Bay Point Studio Villas Unit 2   Bay Point Studio Villas Unit 3   Boardwalk Central   Bonita Point   Coral Reef Condo   Dockside North   Dunes Of Panama Phase I   Dunes Of Panama Phase Iii   Dunes Of Panama Phase Iv   Dunes Of Panama Phase V   En Soleil Condo   Grand Lagoon Cove Condominium   Grande Surf Club Condo   Greenwood Estates 1   Greenwood Estates 5   Gulf Crest Condo   Gulfside Condo.   Hidden Dunes Condo   Hidden Lagoon   Laketown Wharf   Laketown Wharf Phase Ii   Largo Mar Condo   Legand Villas   Magnolia Bay Club   Magnolia Plantation   Marina Club Village   Mariner East Condo   Mariner West Condo   Merrimac Resort Condo Ph 1   Moondrifter   No Named Subdivision   Palisades Condo Ph 1   Pelican Walk   Plazas Of St.thomas I   Princess Condo   Reflections   Regency Towers   Sand Castles Villa   Sand Castles Villas Condo   Seychelles Resort Condominium   Shade Tree Condo Ph Ii   Shade Tree Condo.   Shores Of Panama   Shores Of Panama Phase I   Shores Of Panama Phase Ii   Sterling Beach Condo   Stingray Condo.   Sugar Beach Condo   Summerhouse Condo.   Summit   Sunbird Condo   Sunswept 3   The Commodore   The Summit   Top Of The Gulf Condo.   Treasure Cove Condo.   Treasure Island   Treasure Island Resort   Venture Out Travel Trail   Villas Of St. Thomas 1   Villas Of St. Thomas 3   Villas Of St. Thomas 5   Watercrest Condo   Waterhaven  
Skip to Main Content
  1. Broker IDX Sites Inc.
  2. 750.420.3943
  3. Toll Free: 005578193
  4. support33@brokeridxsites.com