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5115 Gulf Drive is rated highly overall, with strong marks for price, amenities, location, quality, and trustworthiness. It also stands out for features like a private balcony, fully equipped kitchen, exercise room, hot tub, and walkways, plus a large photo set and strong value per square foot compared with nearby properties.
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Wellness| 1 bed | 1 bed | 2 bath | 871 sqft | $1,662 /mo | The advertised rate of $1,662/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 15, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this charming, renovated 1-bedroom, 2-bathroom condo in Panama City Beach, offering breathtaking Gulf-front views. Located in a well-maintained resort, this condo provides a relaxed and intimate beach experience. This beautifully updated condo features comfortable furnishings and a fully equipped kitchen, perfect for preparing everything from quick breakfasts to family dinners. Step onto your private balcony each morning to enjoy stunning views of the emerald waters and sugar-white sands of the Gulf of Mexico. Enjoy shared grilling areas for outdoor cooking and access to the resort's outstanding amenities, including direct beach access, a beachfront pool, hot tub, and fitness center. During specific peak periods (May 21-25, June 13-July 27, September 3-7, and the Sunday of Schooner’s LobsterFest), each unit is limited to one parking pass per HOA. This condo boasts an unbeatable location right next to Schooners Beach Club, one of Panama City Beach's most iconic waterfront restaurants. You'll be close to local beach shops, Shipwreck Island Waterpark, ZooWorld, and WonderWorks. Quiet hours are observed from 10 PM to 9 AM. This is a non-smoking and no-pets property. Events are not allowed. Registered guests must be at least 25 years old. Check-in is at 4 PM CT (5 PM during Spring Break and major holidays). | ||
| 2 bed | 2 bed | 2 bath | 871 sqft | $2,223 /mo | The advertised rate of $2,223/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 22, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this 2-bedroom, 2-bath condo in Panama City Beach, offering spectacular beachfront views and direct access to the balcony. Situated on the second floor, you'll feel connected to the pool and sand without needing elevators. This condo comfortably sleeps 6, featuring a king-size bed in the master suite with full water views and balcony access, a queen-size bed in the second bedroom, and a sleeper sofa in the common area. The kitchen is equipped with everything you need for a perfect vacation. Enjoy seasonal beach chairs from March 1 to October 31, two pools, a hot tub, and BBQ grills. Covered parking is available, with a limit of one parking pass per unit during specific peak dates. Located in Panama City Beach, this condo is right next door to Schooner's Restaurant. Enjoy the beautiful beaches and stunning sunsets. Please note that the resort is undergoing waterproofing and concrete repairs to the walkways and building, with the project ongoing through December 29th, 2025. Both front ramps will be blocked, but stairs will remain open, and a 3rd-floor crosswalk can be used for rolling items into the building. Registered guests must be at least 25 years old. Quiet hours are observed from 10:00 PM to 9:00 AM. Pets are not allowed, and smoking and events are not permitted on the property. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Fully Equipped Kitchen |
| Furnished | Hanger |
| Has View | Linen Towel |
| Private Entrance | Private Terrace |
| Shampoo | Toaster |
| TV |
Appliances
| Blender | Coffee Machine |
| Dishwasher | Hair Dryer |
| Iron | Microwave |
| Oven | Refrigerator |
| Stove |
Tech
| WiFi |
Building
| Elevator | Fitness Center |
| Gym | Smoke Detector |
Grounds
| Assigned Parking | Garden |
| Grills/Firepits/BBQ | Jacuzzi |
| Outdoor Shared Pool | Outdoor Space |
| Shared Garden | Swimming Pool |
One-time.
One-time. Refundable.
Assigned Parking
No pets allowed.
Questions about this property’s policies and fees?
| Lease terms | 1–12 months |
|---|
We offer custom pricing for any duration. Rates may vary upon exact move in and move out dates. Please visit our website and enter your dates of stay to see up-to-date pricing for your specific booking.
How 5115 Gulf Drive compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 33% higher than 1-bedrooms in Panama City.
If you decide to upgrade your space, you can expect 2-bedrooms at 5115 Gulf Drive to be 78% more than the average for similarly sized apartments in Panama City.
| Month | Median Rent |
|---|---|
| September 2024 | $900 |
| October 2024 | $743 |
| November 2024 | $725 |
| December 2024 | $841 |
| January 2025 | $875 |
| February 2025 | $962 |
| March 2025 | $990 |
| April 2025 | $1,043 |
| May 2025 | $1,135 |
| June 2025 | $1,036 |
| July 2025 | $1,147 |
| August 2025 | $1,035 |
| September 2025 | $915 |
| October 2025 | $875 |
| November 2025 | $1,081 |
| December 2025 | $1,353 |
| January 2026 | $1,352 |
| February 2026 | $1,375 |
| March 2026 | $1,324 |
| April 2026 | $1,315 |
| May 2026 | $1,325 |
| June 2026 | $1,665 |
| July 2026 | $1,425 |
Can I afford to live at 5115 Gulf Dr #1355002P?
Bedrooms
Rent-to-income ratio
30%
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