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5115 Gulf Drive , Unit 507, Panama City, FL 32408

$388,000
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BEDS1 BATHS2 full SQUARE FEET883 MLS#785505
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONSeychelles Resort Condominium

Property Description

Here's your front-row seat to 200 feet of pristine white sand and the Gulf of Mexico at Seychelles, tucked away on Panama City Beach's quieter east end. The desirable 5th-floor location is favored by vacationers for its perfect balance--low enough for quick access to the beach and amenities without waiting for the elevator, yet high enough to offer privacy and stunning views. This 1BR/2BA condo with a master suite and bunks comfortably sleeps six. The space is bright and airy, featuring 9' ceilings, 8' glass doors leading to the balcony, and tile flooring throughout for effortless maintenance. Enjoy sweeping views of Panama City Beach's iconic sugar-white sands and emerald waters from the spacious balcony or living area. The kitchen boasts stainless steel appliances, solid surface counters, and solid wood cabinets, while both bathrooms showcase elegant marble vanities. Seychelles' resort amenities are exceptional: two Gulf-front pools (one heated seasonally), a hot tub, dune walkover, fully-equipped fitness center, community room, high-speed elevators, and secure, gated parking in a covered garage--all surrounded by lush tropical landscaping. Located just steps from Schooners and minutes from St. Andrews State Park, golf, marinas, shopping, dining, and entertainment, this condo is perfectly positioned for both relaxation and adventure. The inclusive HOA covers utilities - electricity, WiFi, cable, water, and sewage - making ownership worry-free. Whether as a vacation home or a short-term rental, this condo is the perfect gateway to the best of Panama City Beach. Don't miss your chance to own this beachfront paradise!

5115 Gulf Drive , Unit 507 | MLS# 785505

This condo located at 5115 Gulf Drive , Unit 507, Panama City, FL 32408 is currently listed for sale with an asking price of $388,000. This property was built in 2006 and has 1 bedrooms and 2 full baths with 883 sq. ft. Gulf Drive , Unit 507 is located in the Seychelles Resort Condominium subdivision. Search Seychelles Resort Condominium real estate on www.realtymarkllc.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air, Ceiling Fan(s)
Heating: Electric
Home Style: High Rise
Taxes: $3,553
Year Built: 2006

Feature Descriptions

Appliances: Electric Oven, Electric Range
Community Features: Barbecue, Beach, Clubhouse, Fitness Center, Pool, Waterfront, Community Pool, Short Term Rental Allowed
Days on Site: 56
Exterior: Concrete
Parcel#: 31437-400-042
Patio/Porch: Balcony
Pool: Community
Sewer: Public Sewer
Utilities: Electricity Available
Waterfront: Gulf

Room Sizes

Primary Bedroom: 12 X 11 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Beach Properties of Florida

Shown By

Agency Title: RealtyMark
Agency Phone: 888-240-0600

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Estimated Payment

$ 1,272.77 per month $863.52 Principal & Interest $296.08 Property Tax $113.17 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:54:33 AM EST) or Stellar MLS (last updated Fri 04/17/2026 12:44:11 AM EST) or GSMLS (last updated Fri 04/17/2026 12:24:10 AM EST) or Emerald Coast MLS (last updated Fri 04/17/2026 12:05:32 AM EST) or Central Panhandle Association of Realtors (last updated Fri 04/17/2026 12:47:19 AM EST) or Beaches MLS (last updated Fri 04/17/2026 12:47:20 AM EST) or Naples MLS (last updated Thu 04/16/2026 11:41:16 PM EST) or Bright MLS (last updated Thu 04/16/2026 7:53:33 PM EST) or OneKey MLS (last updated Fri 04/17/2026 12:49:37 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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