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Tip: For the best viewing experience, switch the video quality to 4K in the YouTube player settings. Ground-Floor Beachside Condo | Steps to the Sand | 5012 Gulf Drive Unit 1 Welcome to Gulf Drive Unit 1, an exceptionally rare ground floor 3 bedroom 2 bath beachside condo located directly across from the Gulf with paved public beach access just steps away. Simply walk out your front door and you are roughly 60 feet from beach access. This 935 square foot condo is ideal for short term rentals, a second home, or full time beach living. There is no HOA, short term rentals are allowed, and the complex offers a shared community pool, making this one of the most flexible and investor friendly beach properties you will find at this price point. Inside, the unit features a functional layout with updated LVP flooring with upgraded rubber backing and durable finishes designed for low maintenance ownership. The building has seen major improvements including solid all brick construction with dual layers of elastomeric stucco and paint, a 2024 standing seam metal roof, updated windows and doors, and water heaters replaced in 2021. Located at the end of a quiet cul de sac with no thru traffic and within walking distance to beachfront dining including Schooners, this property offers the rare combination of privacy, location, and rental flexibility. Offered at $499,900, this is a ground floor beachside condo opportunity that rarely comes available. Please note: A shared access agreement will need to be signed by the buyer in order to facilitate smooth operation. There is also an opportunity to purchase all four units and own the entire building, consisting of approximately 10 bedrooms, 8 bathrooms, and 3,500 square feet total, per owner measurements. #FloridaRealtyExperts #FloridaRealEstate #BayCountyRealEstate #PanamaCityBeach #BeachCondo #CondoForSale #InvestmentProperty #ShortTermRental #VacationRental #BeachLife #CoastalLiving #GulfCoast #RealEstateInvesting #PropertyTour #Walkthrough #FloridaRealtor #NoHOA #BeachAccess Unbranded AI-assisted marketing video created from MLS photos; visuals represent the property as shown in the listing Listing Courtesy Of: Kerry J. Jackson, LPT Realty - MLS #783286 Disclaimer: Florida Realty Experts is not the listing broker. This video is provided for informational and promotional purposes only and is published with permission of the listing agent. All property information is deemed reliable but not guaranteed. Buyers should independently verify all details. Property details, pricing, availability, and features are subject to change without notice. For more information or buyer representation, contact Florida Realty Experts. Buyer representation available upon request.