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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