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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5101 Gulf Drive D , Panama City, FL 32408
$850,000
Est. Payment: $4,696.13/mo
0.1 Acres
Status: Active | Days on site: 327
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Harrison Lilly Team
Owner/Operator

House Description

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.

Highlights

Listed by Rachel N Warrell , 850-896-5899 eXp Realty, LLC , 850-896-5899. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
0.1

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Gulf Lagoon Beach

Listing ID

781283

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Interior Features

Exterior Features

Lot:Paved
Lot Dimensions:22 x 200
Zoning:County
Principal Interest
$4,696
Taxes
$1,161

Home Price

$850,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,696.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,696.13 $1,161.33 $0.00 $5,857.46
Yearly $56,353.53 $13,936.00 $0.00 $70,289.53
Total $1,690,605.92 $418,080.00 $0.00 $2,108,685.92

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS