For sale Home

Listed Jan 24, 2026

$3,750,000 Est. $24,803/mo

5409 Gulf Drive

  • 9

    Beds

  • 7

    Baths

  • 4,537

    Sq ft

The story

  • Pool
  • Waterfront

''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!

Facts & features

Home type

Home

Year built

2015

Floors

3

Price per sq ft

$827

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Convection Oven, Washer Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater

  • Roof

    Metal

  • Lot Information

    Waterfront

  • Exterior

    Covered Patio, Deck, Patio, Outdoor Shower

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$24,803 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $19,959
  • Property tax $3,750
  • Insurance $1,094

Includes principal, interest, taxes & insurance.

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Listing Broker

Beach Time Realty, Inc

Broker Name

Beach Time Realty, Inc

Agent

Fred W Thomas

Location

Panama City Beach FL 32413