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9 Beds
7 Baths
4,537 sqft

$4,490,000

5409 Gulf Drive, Panama City FL, 32408

Price per sqft$989.64
Built in2015
Property size4,537 sqft
Property typeResidential

Overview

Active

Listed Jan 24, 2026

Updated Jun 12

''INVESTMENT PROPERTY'' This beautiful Private Beach home is a money maker! It has produced over $400k in rentals a year over the last four years. It is already booked at 70% for 2026! The location is great in the heart of all the attractions in Panama City Beach! The home has a 14x24 heated pool, hot tub , and over 2000sq ft of back deck to enjoy. You can walk off the back deck right into the beautiful white sand, and into the gulf! Home also boasts plenty of parking for boats, motorcycles, or RV's. With 9 bed rooms and 7 bathrooms there is room for the entire family! King size beds are in seven of the nine bedrooms, and almost every room has a beautiful view of the gulf. Home has a Large open area for entertaining and Gourmet Kitchen. There is also a separate Media/Game room for the kids upstairs with game table and large flat screen TV. ''Making Waves'' is a premiere gulf front home with a proven rental record! You must come see it for yourself!

$29,872/mo

Est. mortgage payment based on a $4,490,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
784135

Interior Features

Bedrooms
9
Bathrooms
7
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Taxes
$23,043
Tax Frequency
Annually
View
Yes
Pool
Yes
Waterfront
Yes
55+/Senior Community
No

 

Courtesy of Beach Time Realty, Inc, Fred W Thomas,
Listing Contact: 850-832-8695 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Joshua Fowler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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