About This Home

This 1-bedroom, 2-bathroom condo at 5115 Gulf Drive #1402 in Panama City Beach, FL is listed for $415,000 ($470 per sqft). Built in 2006, the home offers 883 sqft of living space on a N/A lot.

Key Features

  • Built in 2006
  • Waterfront

Property Details

2 full
#1402
2006

Amenities

WaterfrontA/C
Listing Description

Welcome to your private slice of paradise! The Seychelles Resort Condominium is renowned for its awe-inspiring views of the Gulf's emerald waters and is ideally situated along 200 feet of pristine, sandy beach, just steps from the renowned Schooners Restaurant.

This exquisite 883-square-foot, one-bedroom, two-bathroom residence--featuring hallway bunks--comfortably accommodates up to six guests and is being sold fully furnished. This gulf-front gem has been thoughtfully maintained and features approximately $40,000 in enhancements completed in 2022, creating a stylish and comfortable coastal retreat.

The updates include new lighting, luxury vinyl plank flooring throughout, an extended kitchen counter with sleek quartz countertops, and coordinating quartz finishes in both bathrooms. Fresh paint throughout, including the kitchen and bathroom cabinetry, and refinished smooth ceilings add to the clean, modern feel.

The private balcony features upgraded patio furniture, while a new washer and dryer was installed to provide added convenience. These well-planned improvements enhance the unit's appeal and offer a welcoming space to enjoy gulf-front living. Seychelles Resort offers an array of exceptional amenities, including two gulf-front pools, a hot tub, a well-equipped fitness center, a conference center, and onsite rental and property management services.

Residents and guests enjoy the added benefit of secure, covered parking with a convenient walkover to the beach. HOA fees cover all utilities, including electricity. Centrally located off Thomas Drive, Seychelles Resort is just minutes from marinas, shopping, dining, entertainment, and the scenic St. Andrews State Park. With excellent rental income potential, this is your chance to own a piece of the World's Most Beautiful Beaches. All measurements are approximate and should be verified by the buyer.

Monthly Cost Estimate

$4,590/mo

20% down · 6.5% · 30 years

Principal$300
Interest$1,798
Insurance$121
HOA$2,370

Estimates only. Actual payments may vary.

Location

5115 Gulf Drive #1402

Panama City Beach, FL 32408

SEYCHELLES RESORT CONDO

Features & Amenities

Interior Features

Breakfast BarHallway Bunk BedsOwner's Closet

Exterior Features

BalconyHot Tub

Property Details

Construction

Concrete

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRange HoodRefrigeratorSmoke DetectorStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 1-bedroom, 2-bathroom condo at 5115 Gulf Drive is listed at $415,000 ($470/sqft). The estimated monthly payment is $4,589 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $2370/month.

Key features include: Built in 2006, Waterfront. Interior Features: Breakfast Bar, Hallway Bunk Beds, Owner's Closet. Exterior Features: Balcony, Hot Tub.

This property is listed by Jerri A Guss.

JG

Jerri A Guss

License 664925

Agent at The Premier Property Group, LLC

Listed by The Premier Property Group, LLC · Broker phone: (850) 213-5000 · View on Broker Site · Broker website

MLS# 1014606· Source: Emerald Coast Association of Realtors· 4 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5115 Gulf Drive #1402, Panama City Beach, FL 32408

Open this listing in: