For sale

$449,990

5115 Gulf Dr Unit 705, Panama City Beach, FL 32408

2beds

873sqft

$3,642/mo

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Condominium

Built in 2006

-- sqft lot

$427,900 Zestimate^®

$515/sqft

$781/mo HOA

What's special

All new tile throughout

***2 BEDROOM(BUNK ROOM BEING THE 2ND), 2 BATHROOM RECENTLY RENOVATED SEYCHELLES UNIT...WITH THE MASTER BEDROOM ON THE GULF!!!*** As of list date this beautiful unit is the least expensive of this particular floor plan. Only 1 of 2 with the master on the gulf and an actual bunk room, NOT hallway bunk beds!! The most recent upgrades and updates include, but are not limited to: All new tile throughout, 2023 HVAC, 2021 water heater, 2022 stainless steel refrigerator, microwave, dishwasher, and range. 2022 washer and dryer. Unit was completely repainted(both inside and outside balcony)this year after scraping off the popcorn ceilings and smoothing them out. All new lighting fixtures and TV's. And to top it all off, ALL FURNITURE AND FURNISHINGS inside and on the balcony are brand new(except the dining room and bar stools). Hurry up and call me before this amazing opportunity gets away! All information is approximate and should be verified by buyers if important.

3 days

306

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Dining Room, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Level: First
Dimensions: 12 x 11

Other

Level: First
Dimensions: 9 x 9

Dining room

Level: First
Dimensions: 7 x 7

Kitchen

Level: First
Dimensions: 8 x 6

Living room

Level: First
Dimensions: 16 x 13

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Range, Electric Water Heater

Features

Balcony, Double Vanity, Main Level Primary, Tub Shower, Walk-In Closet(s)
Windows: Double Pane Windows

Interior area

Total structure area: 873
Total interior livable area: 873 sqft

Property

Parking

Total spaces: 1
Parking features: Additional Parking, Gated, Paved
Garage spaces: 1

Features

Patio & porch: Balcony, Covered, Patio
Pool features: Gunite, In Ground, Community
Spa features: Community
On waterfront: Yes
Waterfront features: Gulf

Lot

Features: Paved

Details

Parcel number: 31437400058

Construction

Type & style

Home type: Condo
Architectural style: High Rise
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete, Steel Frame, Stucco

Condition

New construction: No
Year built: 2006

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available, Phone Connected, Underground Utilities

Community & HOA

Community

Features: Barbecue, Beach, Elevator, Fitness Center, Fishing, Park, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
Security: Building Security, Gated Community, Smoke Detector(s), Security Service
Subdivision: Seychelles Resort Condominium

HOA

Has HOA: Yes
Amenities included: Beach Rights, Gated, Picnic Area, Spa/Hot Tub
Services included: Cable TV, Electricity, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Trash, Water
HOA fee: $2,343 quarterly

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $515/sqft
Tax assessed value: $429,250
Annual tax amount: $3,880
Date on market: 8/12/2026
Cumulative days on market: 4 days
Electric utility on property: Yes

Estimated market value

$427,900

$407,000 - $449,000

$1,694/mo

Price history

Date	Event	Price
8/12/2026	Listed for sale	$449,990+95.6%$515/sqft
Source: CPAR #793890 Report a problem
5/22/2015	Sold	$230,000-2.1%$263/sqft
Source: ECAOR #725038 Report a problem
4/16/2015	Pending sale	$235,000$269/sqft
Source: Resortquest Real Estate #629683 Report a problem
3/13/2015	Listed for sale	$235,000-26.7%$269/sqft
Source: Resortquest Real Estate #629683 Report a problem
6/20/2006	Sold	$320,600$367/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,263 +2.2%	$278,506 +10%
2023	$4,171 +27.8%	$253,187 +10%
2022	$3,262	$230,170
2021	--	--
2020	$2,503 +12.2%	$195,644 +10%
2019	$2,231	$177,858 -15%
2018	$2,231 -16.1%	$209,245 +3%
2017	$2,659 +2.3%	$203,150 +3.9%
2016	$2,600 +13.9%	$195,500 +32.5%
2015	$2,284	$147,590 +10%
2014	$2,284	$134,173 +10%
2013	--	$121,975
2012	--	$121,975 -9.7%
2011	--	$135,150 -30.4%
2010	--	$194,225
2009	--	$194,225 -1.7%
2008	--	$197,552 -17.4%
2007	--	$239,167 +759.5%
2006	--	$27,826