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Harrison Lilly Team

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

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5500 Gulf Dr , Panama City, FL 32408
$1,499,000
Est. Payment: $8,281.76/mo
4 Bed
4 Bath
2414 Sqft
0.13 Acres
Status: Active | Days on site: 44
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BSG1 - B1247,B0322
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly Team
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House Description

First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold furnished. Its sister property, identical in layout, 2 doors down is listed for sale as well.
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Highlights

Listed by Tracy Rudder , 850-819-2979 and Carl E Allen , 850-960-8808 Counts Real Estate Group Inc , 850-249-1414. Bay County Association of REALTORS

Property Type

Residential
Lot/Acreage
0.13

Year Built

2018

County

Bay

Area

03 - Bay County - Beach

 Neighborhood

Gulf Lagoon Beach

Listing ID

794028

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Balcony, Double Vanity, Interior Steps, Main Level Primary, Separate Shower, Walk-In Closet(s)

Exterior Features

Lot:Paved
Lot Dimensions:50.0 ft x 115.0 ft
Zoning:Resid Single Family
Roof:Metal
Others:
  • ▪ Additional:Covered Patio, Deck
Sewer:Public Sewer
Principal Interest
$8,282
Taxes
$880

Home Price

$1,499,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$299,800
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:
$8,281.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,281.76 $880.17 $0.00 $9,161.93
Yearly $99,381.11 $10,562.00 $0.00 $109,943.11
Total $2,981,433.27 $316,860.00 $0.00 $3,298,293.27

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: 2026-10-07T08:26:25.000Z

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