REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

SimpliHOM - Making Real Estate Simple

support@simplihom.com +1(855) 856-9466

$ 1,899,000

Est. payment -/mo

Save

Active

5903 Gulf DR Panama City Beach, FL 32408

3 Beds

2 Baths

1,296 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,296 sqft

Price per Sqft $1,465

Subdivision Gulf Lagoon Beach

MLS Listing ID 997069

Style Beach House

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1982

Annual Tax Amount $8,599

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 14x246

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 1296

Property 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. The palapa's thatched roof was replaced in Fall 2025. The upstairs Gulf-front balcony is accessed from the main family room and offers sweeping sunrise & sunset views. On the lower level, a beachside deck is accessible from the second bedroom and opens directly to the sand. A private boardwalk extends from the front porch to the beach, and an exterior shower on the rear boardwalk provides convenient sand removal after leaving the beach. Major improvements include a new GAF roof system with new roof decking and fascia board, backed by a 15-year wind and material warranty installed in July 2025. A new Siemens 200-amp circuit breaker panel with corrosion-resistant copper wiring was installed in 2025. The exterior was upgraded with Tyvek vapor barrier, Hardie plank siding and trim, and fully painted with Sherwin-Williams exterior paint. All decks were stained with Super Deck marine stain and all windows were freshly caulked. The home passed a professional 4-point and wind inspection in 2025, resulting in a 17% reduction in homeowners insurance premium. The interior and exterior have been freshly painted and luxury vinyl plank flooring runs throughout the home. Additional upgrades include new ceiling fans, updated bathroom light fixtures, new smart TVs with upgraded WiFi, new locks and security features, new kitchen accessories, and solar film installed on all windows to improve energy efficiency during extreme weather conditions. The living room features a 3-D glass electric fireplace with optional heat and color-changing flame. New lighting and updated family room, dining room, and bedroom furniture and accessories enhance the home's coastal design. The kitchen and baths were previously remodeled, and the home is offered beautifully furnished. Appliances include electric range, microwave, dishwasher, refrigerator, washer and dryer. This three-bedroom home comfortably sleeps 11, including Twin XL bunks, a newer queen mattress in the downstairs bunk room, and a queen sleeper sofa. The primary bedroom is located on the second floor for privacy and separation. Exterior features include mature palm trees, an 8x40 privacy fence, covered porch areas, private driveway parking, and two beach decks with custom cable rails. High-end Sunbrella outdoor furniture was added in April 2021. The property consistently rents more than 200 days per year with documented rental income available upon request. Daily and weekly rental structure is already in place. Flood insurance remains favorable due to grandfathered mapping status. Located near St. Andrew State Park, Shell Island, marinas, waterfront dining, and public boat access, this is Gulf-front ownership at its rarest. Private, deeded, income-producing, and architecturally positioned for unobstructed views. This is not simply a beach house. It is a generational Gulf-front asset.

Location

State FL

County Bay

Community Short Term Rental - Allowed

Area 27 - Bay County

Zoning Resid Single Family

Direction 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.

Rooms

Family Room true

Kitchen true

Interior

Interior Features Breakfast Bar, Newly Painted, Owner's Closet, Washer/Dryer Hookup

Heating Central

Cooling Ceiling Fans, Central Air

Furnishings Furnished - All

Window Features Window Treatment All,Tinted Windows

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect

Exterior

Exterior Feature Balcony, Shower, Covered Deck, Outdoor Shower, Balcony

Community Features Short Term Rental - Allowed

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

Waterfront Description Gulf,Shore - Beach

View Gulf

Roof Type Dimensional Shingle

Street Surface Paved

Porch Deck Covered

Garage No

Building

Lot Description Dead End, Survey Available, Within 1/2 Mile to Water

Faces 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.

Story 2

Foundation Foundation On Piling

Sewer Public Sewer

Architectural Style Beach House

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Pets Allowed No

Tax ID 30571-010-000

Listed by Jacquelyn E Gore simpliHOM

Nearby Locations

ABOUT US

Our Story

From Humble Beginnings to a Nationwide Movement

At simpliHŌM, we know firsthand that real estate is about more than houses — it’s about people, families, and the places they call home. Our journey didn’t begin in a boardroom or with limitless resources. It began with adversity.

Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

Our Mission: Making Real Estate Simple

We believe real estate should be transparent, efficient, and personal. At simpliHŌM, relationships are at the heart of every transaction. Our mission is to remove the unnecessary complexity and stress, creating a seamless experience for clients and empowering agents to thrive.

Innovative Technology Meets Human

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(855) 856-9466

support@simplihom.com