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

> **TL;DR:** 1bd/2ba condo, $415,000 ($470/sqft), built 2006, 883 sqft.
> Waterfront, A/C. Est. $4,589/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $415,000 |
| Price/sqft | $470 |
| Bedrooms | 1 |
| Bathrooms | 2 full |
| Square Feet | 883 |
| Year Built | 2006 |
| Property Type | Condo (Condominium) |
| Status | Active |
| Days on Market | 5 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,098 |
| Estimated Insurance | $121 |
| HOA | $2,370 |
| **Total** | **$4,589** |

## Nearby Schools

- **Elementary:** Patronis
- **Middle:** Surfside
- **High:** Arnold

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 2006
- Waterfront

## Description

### Agent 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.

## Location

- **Address:** 5115 Gulf Drive #1402, Panama City Beach, FL 32408
- **County:** Bay
- **Neighborhood:** SEYCHELLES RESORT CONDO
- **Coordinates:** 30.140766, -85.754236
- **Google Maps:** https://www.google.com/maps?q=30.140766,-85.754236

## Listing Agent

- **Name:** Jerri A Guss · **License:** 664925
- **Brokerage:** The Premier Property Group, LLC
- **Broker Phone:** (850) 213-5000
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5115-Gulf-Dr-Unit-1402_Panama-City-Beach_FL_32408_M54248-13041?f=listhub&s=ECARMLSFL&m=1014606&c=propsimple)

## Photos

![5115 Gulf Drive #1402 - Photo 1](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f89435529r.jpg)

![5115 Gulf Drive #1402 - Photo 2](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f76881559r.jpg)

![5115 Gulf Drive #1402 - Photo 3](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f4016267456r.jpg)

![5115 Gulf Drive #1402 - Photo 4](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f1616949126r.jpg)

![5115 Gulf Drive #1402 - Photo 5](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2580478100r.jpg)

![5115 Gulf Drive #1402 - Photo 6](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f4241589749r.jpg)

![5115 Gulf Drive #1402 - Photo 7](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2453741689r.jpg)

![5115 Gulf Drive #1402 - Photo 8](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f3238012439r.jpg)

![5115 Gulf Drive #1402 - Photo 9](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f303231266r.jpg)

![5115 Gulf Drive #1402 - Photo 10](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f3238012439r.jpg)

![5115 Gulf Drive #1402 - Photo 11](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2060138649r.jpg)

![5115 Gulf Drive #1402 - Photo 12](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2859103991r.jpg)

![5115 Gulf Drive #1402 - Photo 13](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2809705865r.jpg)

![5115 Gulf Drive #1402 - Photo 14](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f4179599703r.jpg)

![5115 Gulf Drive #1402 - Photo 15](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f3655568706r.jpg)

![5115 Gulf Drive #1402 - Photo 16](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f3862956934r.jpg)

![5115 Gulf Drive #1402 - Photo 17](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f3539660947r.jpg)

![5115 Gulf Drive #1402 - Photo 18](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f49345751r.jpg)

![5115 Gulf Drive #1402 - Photo 19](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f1497576882r.jpg)

![5115 Gulf Drive #1402 - Photo 20](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f3992092915r.jpg)

![5115 Gulf Drive #1402 - Photo 21](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f1142061287r.jpg)

![5115 Gulf Drive #1402 - Photo 22](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f414288391r.jpg)

![5115 Gulf Drive #1402 - Photo 23](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f760821118r.jpg)

![5115 Gulf Drive #1402 - Photo 24](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2162251001r.jpg)

![5115 Gulf Drive #1402 - Photo 25](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2715280761r.jpg)

![5115 Gulf Drive #1402 - Photo 26](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2825265055r.jpg)

![5115 Gulf Drive #1402 - Photo 27](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f1271726075r.jpg)

![5115 Gulf Drive #1402 - Photo 28](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2481449192r.jpg)

![5115 Gulf Drive #1402 - Photo 29](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f4123502436r.jpg)

![5115 Gulf Drive #1402 - Photo 30](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f2784473767r.jpg)

![5115 Gulf Drive #1402 - Photo 31](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f3702395337r.jpg)

![5115 Gulf Drive #1402 - Photo 32](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f142330559r.jpg)

![5115 Gulf Drive #1402 - Photo 33](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f1775855037r.jpg)

![5115 Gulf Drive #1402 - Photo 34](http://lh.rdcpix.com/5483b5191537d2d7e64dccb85588768bl-f3925738383r.jpg)

---

**MLS#:** 1014606 | **Updated:** 2026-10-30
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/5115-gulf-drive-panama-city-beach-fl-32408-6503a63172a648dbae07da2fc65ce879)

---

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