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Harrison Lilly Team

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

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5115 Gulf Dr Unit 1403 , Panama City, FL 32408
$385,900
Est. Payment: $2,132.04/mo
1 Bed
2 Bath
883 Sqft
Status: Active | Days on site: 183
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Harrison Lilly Team
Owner/Operator

House Description

Some beachfront condos sell because they're on the beach. Others stand out because of what buyers experience the moment they walk through the door. Seychelles 1403 is one of those properties. Positioned in the desirable mid-stack of the building, this beautifully maintained Gulf-front residence captures the sweeping views buyers come to Panama City Beach for while offering a floor plan that keeps the emerald waters and sugar-white sand beaches front and center. Expansive 9-foot sliding glass doors flood the living area with natural Florida sunshine and frame breathtaking panoramic Gulf views, creating a bright, open atmosphere that immediately feels like a true coastal retreat. Step onto the private Gulf-front balcony and enjoy the sights and sounds of the beach below. Whether you're starting your day with a cup of coffee or unwinding after an afternoon on the sand, the Gulf provides the perfect backdrop for relaxed beachfront living. Unlike many competing properties, this condo has been exceptionally well maintained and thoughtfully refreshed, allowing the next owner to begin enjoying it immediately without the need for costly updates or renovations. Recent improvements include new televisions in both the living room and bedroom, all-new rugs throughout the condo and on the balcony, and a complete deep cleaning, ensuring a fresh, turnkey presentation. Luxury vinyl plank flooring throughout and stainless-steel appliances provide a clean, modern, and low-maintenance interior. Offered fully furnished and rental-ready, the condo comfortably accommodates up to six guests with a king-sized bed in the primary suite, built-in hallway bunks, and a sleeper sofa in the living room. Whether you're seeking a personal beachfront getaway, second home, or income-producing investment property, the flexible floor plan is designed to meet a variety of ownership goals. Adding even more value, quarterly HOA dues cover all major utilities, including electricity, water, cable, and WiFi, helping simplify ownership costs and making budgeting more predictable. Located within the amenity-rich Seychelles Beach Resort, owners and guests enjoy two Gulf-front pools, a hot tub, fitness center, conference room, covered parking garage with convenient walkover access, optional onsite rental management, and strong building security. The resort's reputation with vacationers, combined with its location on the quieter east end of Panama City Beach near St. Andrews State Park, continues to make it a favorite destination for repeat visitors year after year. Conveniently located near dining, shopping, entertainment, boating, fishing, and outdoor recreation, Seychelles offers the perfect combination of beachfront tranquility and easy access to everything Panama City Beach has to offer. Whether you're searching for a proven investment property or your own slice of paradise on the World's Most Beautiful Beaches, Seychelles 1403 delivers the combination buyers value most: spectacular Gulf views, turnkey condition, outstanding amenities, all-inclusive HOA coverage, and a location that continues to attract owners and guests alike. All measurements and information are deemed reliable but should be verified if important.

Highlights

Listed by John B Skinner Jr. , 850-543-5763 Keller Williams Realty Emerald , 850-654-2900. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

2369.8 Quarterly

Year Built

2006

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Seychelles Resort Condominium

Listing ID

786857

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Convection Oven, Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Coffered Ceiling(s), Main Level Primary, Tub Shower

Exterior Features

Lot:Sprinkler System
Lot Dimensions:CONDO
Zoning:Resid Multi-Family
Sewer:Public Sewer
Principal Interest
$2,132
Taxes
$296
HOA
$2,370

Home Price

$385,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$77,180
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:
$2,132.04

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,132.04 $296.08 $2,369.80 $4,797.93
Yearly $25,584.50 $3,553.00 $28,437.60 $57,575.10
Total $767,535.09 $106,590.00 $853,128.00 $1,727,253.09

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: 2026-10-07T03:46:57.000Z

© 2026 Bay County Association of REALTORS