5903 Gulf Drive

Panama City Beach, FL 32408

$1,899,000

Active

5903 Gulf Drive, Panama City Beach, FL 32408 - Welcome to Palapa House!
Welcome to Palapa House!
5903 Gulf Drive, Panama City Beach, FL 32408 - The room features a serene "sea-foam" blue ceiling, crisp white shiplap walls, and light-toned wide-plank flooring that enhances the bright, airy atmosphere.
The room features a serene "sea-foam" blue ceiling, crisp white shiplap walls, and light-toned wide-plank flooring that enhances the bright, airy atmosphere.
5903 Gulf Drive, Panama City Beach, FL 32408 - Floor-to-ceiling glass sliders and windows frame breathtaking, unobstructed views of the Gulf of Mexico, seamlessly blending the indoor living space with the emerald waters outside.
Floor-to-ceiling glass sliders and windows frame breathtaking, unobstructed views of the Gulf of Mexico, seamlessly blending the indoor living space with the emerald waters outside.
5903 Gulf Drive, Panama City Beach, FL 32408 - A sleek, linear electric fireplace provides a cozy focal point beneath the large wall-mounted TV, while a contemporary wood-bladed ceiling fan ensures comfort year-round.
A sleek, linear electric fireplace provides a cozy focal point beneath the large wall-mounted TV, while a contemporary wood-bladed ceiling fan ensures comfort year-round.
5903 Gulf Drive, Panama City Beach, FL 32408 - Floor-to-ceiling glass sliders and expansive windows serve as a living canvas, framing breathtaking, unobstructed views of the emerald Gulf waters and pristine white sands.
Floor-to-ceiling glass sliders and expansive windows serve as a living canvas, framing breathtaking, unobstructed views of the emerald Gulf waters and pristine white sands.
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408 - The open-concept layout flows effortlessly into a dining area and gourmet kitchen, featuring designer lighting fixtures and high-end wicker seating.
The open-concept layout flows effortlessly into a dining area and gourmet kitchen, featuring designer lighting fixtures and high-end wicker seating.
5903 Gulf Drive, Panama City Beach, FL 32408 - The Coastal dining area flows into the gourmet kitchen.
The Coastal dining area flows into the gourmet kitchen.
5903 Gulf Drive, Panama City Beach, FL 32408 - The modern dining area features a designer fandelier, shiplap walls, and panoramic Gulf views.
The modern dining area features a designer fandelier, shiplap walls, and panoramic Gulf views.
5903 Gulf Drive, Panama City Beach, FL 32408 - The heart of the home features a premium granite breakfast bar, offering a seamless transition from the kitchen to the open-concept living area. This inviting space is ideal for morning coffee or quick bites, all while enjoying the panoramic Gulf views.
The heart of the home features a premium granite breakfast bar, offering a seamless transition from the kitchen to the open-concept living area. This inviting space is ideal for morning coffee or quick bites, all while enjoying the panoramic Gulf views.
5903 Gulf Drive, Panama City Beach, FL 32408 - The fully equipped kitchen with designer lighting and all-new accessories is perfectly curated for the coastal lifestyle.
The fully equipped kitchen with designer lighting and all-new accessories is perfectly curated for the coastal lifestyle.
5903 Gulf Drive, Panama City Beach, FL 32408 - The bright kitchen workspace showcases granite countertops & a stone tile backsplash.
The bright kitchen workspace showcases granite countertops & a stone tile backsplash.
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408 - "It's 5'oclock somewhere!" Palapa House is the perfect place to wind down in the evening with a charcuterie board and a glass of wine, all while taking in the coastal sunset glow.
"It's 5'oclock somewhere!" Palapa House is the perfect place to wind down in the evening with a charcuterie board and a glass of wine, all while taking in the coastal sunset glow.
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408 - The second floor primary bedroom offers a king sized bed, an abundance of natural light, and relaxing coastal décor.
The second floor primary bedroom offers a king sized bed, an abundance of natural light, and relaxing coastal décor.
5903 Gulf Drive, Panama City Beach, FL 32408 - The second floor primary bedroom offers a king sized bed, an abundance of natural light, and relaxing coastal décor.
The second floor primary bedroom offers a king sized bed, an abundance of natural light, and relaxing coastal décor.
5903 Gulf Drive, Panama City Beach, FL 32408 - The second floor primary bedroom offers a king sized bed, an abundance of natural light, and relaxing coastal décor.
The second floor primary bedroom offers a king sized bed, an abundance of natural light, and relaxing coastal décor.
5903 Gulf Drive, Panama City Beach, FL 32408 - The second floor primary bedroom offers a king sized bed, an abundance of natural light, and relaxing coastal décor.
The second floor primary bedroom offers a king sized bed, an abundance of natural light, and relaxing coastal décor.
5903 Gulf Drive, Panama City Beach, FL 32408 - The second floor full bathroom is located just outside of the primary bedroom.
The second floor full bathroom is located just outside of the primary bedroom.
5903 Gulf Drive, Panama City Beach, FL 32408 - The second floor full bathroom is located just outside of the primary bedroom.
The second floor full bathroom is located just outside of the primary bedroom.
5903 Gulf Drive, Panama City Beach, FL 32408 - Laundry area with washer, dryer, and built-in shelving for storage.
Laundry area with washer, dryer, and built-in shelving for storage.
5903 Gulf Drive, Panama City Beach, FL 32408 - Entry hall with clean coastal finishes and access to 2 guest bedrooms and a full bathroom.
Entry hall with clean coastal finishes and access to 2 guest bedrooms and a full bathroom.
5903 Gulf Drive, Panama City Beach, FL 32408 - First floor guest bedroom with a queen bed, built-in Twin XL bunks and bright coastal décor.
First floor guest bedroom with a queen bed, built-in Twin XL bunks and bright coastal décor.
5903 Gulf Drive, Panama City Beach, FL 32408 - First floor guest bedroom with a queen bed, built-in Twin XL bunks and bright coastal décor.
First floor guest bedroom with a queen bed, built-in Twin XL bunks and bright coastal décor.
5903 Gulf Drive, Panama City Beach, FL 32408 - First floor guest bedroom with a queen bed, built-in Twin XL bunks and bright coastal décor.
First floor guest bedroom with a queen bed, built-in Twin XL bunks and bright coastal décor.
5903 Gulf Drive, Panama City Beach, FL 32408 - Built-in Twin XL bunk beds provide comfortable sleeping space for guests. There is also a trundle bed below.
Built-in Twin XL bunk beds provide comfortable sleeping space for guests. There is also a trundle bed below.
5903 Gulf Drive, Panama City Beach, FL 32408 - The first floor bathroom is conveniently located between the two first floor bedrooms.
The first floor bathroom is conveniently located between the two first floor bedrooms.
5903 Gulf Drive, Panama City Beach, FL 32408 - This modern vanity with gold fixtures and natural wood cabinetry is located on the first floor.
This modern vanity with gold fixtures and natural wood cabinetry is located on the first floor.
5903 Gulf Drive, Panama City Beach, FL 32408 - First floor bathroom with tiled walk-in shower and updated fixtures.
First floor bathroom with tiled walk-in shower and updated fixtures.
5903 Gulf Drive, Panama City Beach, FL 32408 - Hallway view with sliding barn door leading into the bright living space on the first floor.
Hallway view with sliding barn door leading into the bright living space on the first floor.
5903 Gulf Drive, Panama City Beach, FL 32408 - The elegant sleeper sofa in this bedroom offers comfortable accommodations for two additional guests. As well as an additional living space on the first floor.
The elegant sleeper sofa in this bedroom offers comfortable accommodations for two additional guests. As well as an additional living space on the first floor.
5903 Gulf Drive, Panama City Beach, FL 32408 - This first floor living/sleeping area offers direct access to the Gulf-front deck.
This first floor living/sleeping area offers direct access to the Gulf-front deck.
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408 - Experience breathtaking sunrises and sunsets from the private balcony of Palapa House. This second-story retreat offers plush lounge seating and unobstructed, panoramic Gulf views.
Experience breathtaking sunrises and sunsets from the private balcony of Palapa House. This second-story retreat offers plush lounge seating and unobstructed, panoramic Gulf views.
5903 Gulf Drive, Panama City Beach, FL 32408 - Experience breathtaking sunrises and sunsets from the private balcony of Palapa House. This second-story retreat offers plush lounge seating and unobstructed, panoramic Gulf views.
Experience breathtaking sunrises and sunsets from the private balcony of Palapa House. This second-story retreat offers plush lounge seating and unobstructed, panoramic Gulf views.
5903 Gulf Drive, Panama City Beach, FL 32408 - Step onto the first-floor covered deck for the ultimate alfresco dining experience. Outfitted with high-end Sunbrella outdoor furniture, this shaded retreat offers unobstructed, panoramic Gulf views—perfect for long lunches by the water.
Step onto the first-floor covered deck for the ultimate alfresco dining experience. Outfitted with high-end Sunbrella outdoor furniture, this shaded retreat offers unobstructed, panoramic Gulf views—perfect for long lunches by the water.
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408 - Your private boardwalk to paradise. At Palapa House, the emerald Gulf and sugar-white sands are just a few steps from your back deck.
Your private boardwalk to paradise. At Palapa House, the emerald Gulf and sugar-white sands are just a few steps from your back deck.
5903 Gulf Drive, Panama City Beach, FL 32408 - The crown jewel of Palapa House: a rare, city-approved private palapa situated on your own deeded sand. With property lines extending all the way to the water’s edge, this beachfront sanctuary features a freshly re-thatched roof (Fall 2025), offering a shaded tropical escape at the very edge of the Gulf.
The crown jewel of Palapa House: a rare, city-approved private palapa situated on your own deeded sand. With property lines extending all the way to the water’s edge, this beachfront sanctuary features a freshly re-thatched roof (Fall 2025), offering a shaded tropical escape at the very edge of the Gulf.
5903 Gulf Drive, Panama City Beach, FL 32408 - Kick off your shoes and truly unwind at the water’s edge. This isn't just a view—it's deeded ownership of the sand all the way to the Gulf where you can retreat under the shade of your private Palapa. Whether it's morning coffee or an evening glass of wine, this is the ultimate luxury of living exactly where the shore begins.
Kick off your shoes and truly unwind at the water’s edge. This isn't just a view—it's deeded ownership of the sand all the way to the Gulf where you can retreat under the shade of your private Palapa. Whether it's morning coffee or an evening glass of wine, this is the ultimate luxury of living exactly where the shore begins.
5903 Gulf Drive, Panama City Beach, FL 32408 - Unrivaled coastal ownership. This property includes deeded land from the street to the water line, making your private, city-approved beach palapa a rare legal asset.
Unrivaled coastal ownership. This property includes deeded land from the street to the water line, making your private, city-approved beach palapa a rare legal asset.
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408
5903 Gulf Drive, Panama City Beach, FL 32408

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Beds
3
Baths
2
Square feet
1,296
Lot size (sq ft)
3,484
Year built
1982
Property type
A

Description

Gulf Front | Rare Deeded Land to the Water's Edge | No HOA! Welcome to The Palapa House, a Gulf-front residence positioned directly on the sugar-white sands of the Gulf of America, with deeded ownership extending to the water's edge. Fewer than 7% of Gulf-front parcels in Panama City Beach offer this level of private beachfront ownership, making opportunities like this exceptionally rare. Originally designed by the architects of Regency Towers, the home is positioned farther onto the beach than neighboring properties, ensuring unobstructed panoramic Gulf views to the east and west. Step from your back door onto your private stretch of beach or relax beneath the city-approved private Palapa, made possible by the extended property lines reaching the water's edge.

Listing details MLS# 997069

Location, Tax and Legal

Area
27 - Bay County
Sub area
2719 - Beach - East
Subdivision
GULF LAGOON BEACH
County
Bay
Parcel ID
30571-010-000
Tax year
2025
Annual tax
8599.24
Legal description
8-4S-15W -17.1- BEG 374.25' SWLY OF NW COR LOT 11 BLK 13 GULF LAGOON BEACH TH NWLY 14' SWLY 246' TO GULF SELY TO PT NELY 246' TO POB AKA PT LOT 77 BLK 13 SACH'S UNREC TOG/W EAS ORB 4487 P 1769
Zoning
Resid Single Family

General Property Info

Property type
Residential
Year built
1982
Acreage
0.08
Lot size (sq ft)
3484.8
Lot dimensions
14x246
New construction
No
Condition
Renovated, Construction Complete

Interior

Bedrooms
3
Bathrooms
2
Full baths
2
Half baths
0
Building area
1296
Heating
Central
Cooling
Ceiling Fans, Central Air
Interior features
Breakfast Bar, Newly Painted, Owner's Closet, Washer/Dryer Hookup
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Total rooms
8

Exterior and Site

Construction
Siding CmntFbrHrdBrd
Roof
Roof Dimensional Shg
Foundation
Foundation On Piling
Exterior features
Balcony, Shower
Patio and porch
Deck Covered
View
Gulf
Road surface
Paved

Utilities

Utilities
Electric, Lift Station, Public Water, TV Cable
Sewer
Public Sewer

Schools

Elementary
Patronis
Middle school
Surfside
High school
Arnold

Remarks and Misc

Directions
Travel south on Navy Blvd. Turn right at the big curve onto Thomas Dr. Turn left onto Nova St. next to Regency Towers. At the end of Nova St., turn left. 5903 Gulf Dr is the last house on the right.
MLS IDX Listing Disclosure © 2026

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