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Residential Land for Sale in Panama City, Florida

5101 Gulf Dr, Panama City, FL 32408

$999,000
0.1 acres
Active
ago
Est $7,980/mo

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
Community
Gulf Lagoon Beach
Elevation
23 feet
Coordinates
30.1404, -85.7538

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

Details and features

Listing

Type
Land

Lot

Features
Paved

Nearby schools

NameLevelDistrictDescription
PatronisElementary
SurfsideMiddle
ArnoldHigh

Listing history

DateEventPriceChangeSource
Nov 18, 2025New listing$999,000BCAR
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This 0.1-acre property is located at 5101 Gulf Dr Unit D in Panama City, FL 32408. The property is available for sale for $999,000.

Checked 1 hour ago — Updated

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Copyright (C) 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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