8204 S Lagoon Drive, Panama City Beach
$1,499,000 - 4 Beds, 4 Baths, 2,017 SfMLS® # 1010022 Subdivision: Silver Sands Unit 1
$1,399,000
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Gulf views, directly across from the beach AND beach access--5518 Gulf Drive offers the ideal blend of location, space, and flexibility, making it ideal as second home rental investment, with the benefit of no HOA.
Situated on a large corner lot on the east end of Panama City Beach, this home is designed with both comfort and functionality in mind. Newer construction and featuring a spacious living and kitchen area that opens to a private pool and a large patio with both covered and uncovered spaces--perfectly blending indoor and outdoor living for easy gathering and entertaining.The thoughtful layout includes two primary suites, along with two additional bedrooms with en suite baths, and 2 sets of full bunks - enhancing it's versatility to host large groups without sacrificing privacy. The private pool makes this a true vacation-style setting, while the front porch and expansive second-floor deck offer additional outdoor living spaces to enjoy Gulf views and coastal breezes. The corner lot provides ample parking--a rare and valuable feature this close to the beach.
With short-term rentals allowed, a highly functional floor plan, and a location just moments from the sand, this property presents an exceptional opportunity to own your piece of paradise at the beach!
2723 - Beach - South of Grand Lagoon
Electric, Public Sewer, Public Water
Kitchen Island, Owner's Closet, Pantry
Dishwasher, Disposal, Dryer, Microwave, Washer
Outdoor Grill, Balcony, Outdoor Shower, Sprinkler System
Corner Lot, Level, Within 1/2 Mile to Water
The Premier Property Group Seacrest Office
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Listing information last updated on September 5th, 2026 at 5:52am CDT.