5115 Gulf Drive
Panama City Beach, FL 32408
Map
- 1 bed
- 2 baths
- 883 sqft
- $485 per sqft
- 2006 build
- – on site
LOWEST PRICED LISTING IN SEYCHELLES! A condo like no other this is true waterfront living at its finest. Welcome to Seychelles Beach Resort, one of Panama City Beach's most coveted Gulf-front communities, where luxury, location, and income potential meet. Perched directly on the sugar-white sands, this turnkey-ready 1-bedroom, 2-bathroom condo delivers unbeatable views and an unbeatable investment. Step inside to discover a light-filled, open-concept living and dining space framed by floor-to-ceiling Gulf-facing windows. The private balcony is your front-row seat to breathtaking sunsets and gentle sea breezes perfect for morning coffee or evening cocktails. The spacious master suite features a king-sized bed and private en-suite bathroom, while a second full bath offers added flexibility for guests making this unit ideal as a vacation rental, personal beach retreat, or year-round residence. The modern kitchen boasts granite countertops, stainless steel appliances, and ample cabinetry perfect for whipping up beachside meals after a day in the sun. Seychelles Beach Resort amenities include: Two beachfront pools (one heated seasonally) Hot tub Fitness center Covered parking Direct beach access Electricity INCLUDED in HOA dues a rare bonus! Located on the peaceful east end of Panama City Beach, you're just steps from St. Andrews State Park and walking distance to dining and entertainment with the iconic Schooners beachside restaurant right at your doorstep. Why investors love it: High rental demand, exceptional amenities, and one of the very few buildings with utilities covered in the HOA. Whether you're looking to capitalize on short-term rental income or secure your own slice of paradise, this is a rare Gulf-front opportunity you don't want to miss. Schedule your private tour today and start living (or renting) the beachfront dream.
Last checked:
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Last updated May 31, 2025
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MLS# 976773 —
The Building
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Year Built:2006
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Construction Materials:Concrete
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Building Area Total:883.0
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Building Area Source:County PA Records
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Architectural Style:N/A
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Levels:None
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Exterior Features:Balcony, Hot Tub
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Window Features:Window Treatment All
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Accessibility Features:None
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Direction Faces:None
Interior
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Furnished:Furnished - All
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Interior Features:Elevator, Hallway Bunk Beds
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Rooms Total:6
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Fireplace:No
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Fireplaces Total:None
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Laundry Features:None
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Flooring:Floor Laminate
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Buyer Financing:Conventional
Location
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Directions:Follow US-98 E/Back Beach Rd/Panama City Beach Pkwy to Front Bch Rd in Upper Grand Lagoon. Take the exit toward Thomas Dr/NSA Main Gate/Bay Point from Front Beach Rd. Follow C R 392/Thomas Dr to Gulf Dr in Lower Grand Lagoon 5115 Gulf Dr UNIT 402
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Units:Acres
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Possible Use:None
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Parcel Number:31437-400-028
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Topography:None
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View:Gulf
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Waterfront:true
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Waterfront Features:Unit Waterfront, Gulf, Shore - Beach
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:4698.75
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Tax Legal Description:SEYCHELLES RESORT CONDOMINIUM UNIT 402 TYPE B ORB 2753 P 1936 1BR/BUNK/2BA ORB 4673 P 2326 883 SQ.FT
Beds
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Bedrooms Total:1
Baths
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Total Baths:2.0
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Total Baths:2
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Full Baths:2
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Ceiling Fans, Central Air
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Cooling:true
Utilities
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Utilities:Electric, Public Water, TV Cable
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Electric:None
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Sewer:Public Sewer
Appliances
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Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Washer, Water Heater - Elect
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Dryer:true
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Washer:true
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Disposal:true
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Microwave:true
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Dishwasher:true
Schools
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Elementary School:Patronis
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Elementary School District:None
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Middle Or Junior School:Surfside
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Middle Or Junior School District:None
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High School:Arnold
The Community
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Subdivision Name:Seyschelles Resort Condominium
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Community Features:Elevators, Pool, Waterfront
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:2379.79
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Association Fee Frequency:Quarterly
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Association Fee Includes:Electricity, Management, Sewer, Water, Cable TV, Trash
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Pool Private:None
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Pool Features:Pool Type
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Attached Garage:false
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Carport:false
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Parking Features:Garage, Garage Detached
Monthly cost estimate
Asking price
$429,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,297
|
| Taxes | $391 |
| Insurance | $117 |
| Utilities | $104 See report |
| Total | $2,909/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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5/31/25
May 31, 2025
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Listed / Active | ECARMLS | $429,000 |
