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!
For sale
Price cut: $10K (6/23)
$419,000
5115 Gulf Dr UNIT 507, Panama City Beach, FL 32408
1beds
883sqft
Est.:
Condominium
Built in 2006
-- sqft lot
$-- Zestimate®
$475/sqft
$858/mo HOA
What's special
Gulf of mexicoHot tubSolid surface countersLush tropical landscapingPristine white sandPrivacy and stunning viewsSpacious balcony
- 283 days
- on Zillow |
- 219 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 10:04am
Listed by:
Duran Group 850-527-0221,
Berkshire Hathaway HomeServices Beach Properties of Florida
Source: CPAR,MLS#: 764763
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Primary Bedroom
Primary bedroom
- Level: First
- Area: 132
- Dimensions: 12 x 11
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
Features
- Breakfast Bar, Recessed Lighting
- Furnished: Yes
Interior area
- Total interior livable area: 883 sqft
Video & virtual tour
Property
Features
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: Pool, Community
- Waterfront features: Gulf, Waterfront
Lot
- Features: Waterfront
Details
- Parcel number: 31437400042
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete
Condition
- Year built: 2006
Community & HOA
Community
- Features: Barbecue, Beach, Clubhouse, Fitness Center, Short Term Rental Allowed, Waterfront, Pool
- Subdivision: Seychelles Resort Condominium
HOA
- Has HOA: Yes
- Services included: Association Management, Electricity, Sewer, Trash, Water
- HOA fee: $2,575 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $475/sqft
- Tax assessed value: $379,100
- Annual tax amount: $3,606
- Date on market: 11/4/2024
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