5115 Gulf Drive

5115 Gulf Drive is a condo located in Panama City Beaches, Panama City.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 89 closings on record, of which we have matching data for 24 listings. In the past 3 years, a listing in this building will typically remain on the market for about 68 days and tend to sell below the original asking price of $370,000 by 4.52%. Meaning, listings tend to sell at a median of $374 price per square foot. The transaction that took the longest to complete was unit 1702, listed on Jun 22, 2019 for $304,900. This particular unit ultimately sold 290 days later for $285,000. The most recent transaction was for unit 1302, which was first advertised on Apr 21, 2023, sold for $420,000 on Jan 22, 2024. Fun fact, the oldest transaction we have on record took place on May 30, 2006. See the full transaction history for 5115 Gulf Drive below.

Panama City Beaches, where 5115 Gulf Drive is located, has a median asking price of $525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $370,000. For interested buyers, that means the building's median asking price is around 0.30% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 5 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $515,000. It is a 873 sqft 1 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $435,000. It is a 883 sqft 1 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, 5 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $475,000. Collectively, the median square footage of these active units for sale is 883 sqft. Active units for sale at 5115 Gulf Drive have a median count of 1 bedrooms and have a median count of 2 bathrooms.