
Residential Land for Sale in Panama City, Florida
5101 Gulf Dr, Panama City, FL 32408
Rare Gulf-Front Opportunity! Build your dream coastal retreat on this ready-to-build Gulf-front lot located at 5101 Gulf Drive in Panama City Beach. Enjoy panoramic views of the Gulf of Mexico, direct beach access, and an unbeatable location near Schooners and St. Andrews State Park. No HOA and utilities available. Perfect for a custom luxury home or vacation rental investment-one of the few remaining Gulf-front parcels in the area. Perfectly positioned near Schooners, Patches Pub, and St. Andrews State Park, this Gulf-front property offers the perfect balance of privacy and convenience-just minutes from dining, marinas, and Panama City Beach's most desirable attractions. Whether your vision is a custom luxury residence, a vacation retreat, or an income-producing investment, this ready-to-build homesite delivers the flexibility and freedom to bring your dream to life. With utilities available and no HOA restrictions, you can design and build to fully capture the panoramic Gulf views and coastal lifestyle. Property Features: Direct Gulf-front parcel with sweeping Gulf views; Cleared and ready to build; Utilities available; No HOA restrictions; Ideal for a custom home or short-term rental investment; Prime location near restaurants, shops, and marinas Opportunities to own true Gulf-front land in Panama City Beach are extremely limited. Schedule your private showing today and start planning your modern coastal masterpiece surrounded by emerald waters and endless sunsets.
Location
- Street address
- 5101 Gulf Dr, Unit D
- County
- Bay County
- Community
- Gulf Lagoon Beach
- Elevation
- 23 feet
Directions
East end of Thomas Dr. Turn south on Huff and then left on Gulf. East of SCHOONER'S, directly on the Gulf. Sign in front of lot
Property details
- Lot size
- 0.1 acres4,356 sq ft
- MLS #
- BCAR 781283
- Posted
Property taxes
- 2024
- $13,936
Parcels
- 32254-000-000
Legal description
GULF LAGOON BEACH 70B1 & 70B2 BEG AT NW COR LOT 6 TH SELY 21.83' SWLY 200 TO WATER NWLY 18.54' NELY 200' TO POB AKA UNIT D BLK 1 ORB 3599 P 2397 (6.01)
Details and features
Listing
- Type
- Land
Lot
- Features
- Paved
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Patronis | Elementary | — | — |
| Surfside | Middle | — | — |
| Arnold | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 18, 2025 | New listing | $999,000 | — | BCAR |











