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Seychelles Condominium

Seychelles Condominium

Seychelles Condominium
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

5115 Gulf Dr,
Panama City Beach, FL 32408
208 Units
22 Stories
2006 Year Built
$397K - $818K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Beach Front
  • Patronis Elementary School Rated A-
  • Beach
  • Elevator
  • Security Service
  • Heated In Ground Pool

Beachfront living on Panama City Beach's tranquil east end

Seychelles Condominium, completed in 2006, stands as a prominent 22-story high-rise on the quieter east end of Panama City Beach. With 208 units, this Gulf-front property offers residents a prime location next to popular local haunts and natural attractions. The building's design maximizes views of the emerald waters and sugar-white sands that have made this stretch of the Florida Panhandle famous.

Diverse layouts with stunning Gulf views

Seychelles offers a range of floor plans to suit various needs, from cozy one-bedrooms to spacious three-bedroom units. The one-bedroom layouts, spanning 873 to 883 square feet, are available with one or two bathrooms and often include built-in hallway bunks, effectively functioning as two-bedroom units. These compact yet efficient spaces are priced from $420,000 to $510,000. For those requiring more room, two-bedroom units range from 873 to 1,438 square feet, all featuring two full bathrooms. The largest offerings are the three-bedroom units, measuring between 1,378 and 1,427 square feet, with two to three bathrooms. These premium residences command prices from $678,998 to $899,000. Many units boast recent upgrades, including sleek stainless steel appliances, quartz countertops, and custom cabinetry in kitchens. Bathrooms often feature modern vanities and custom tile work. Throughout the units, residents enjoy durable luxury vinyl plank flooring, crown molding, and fresh paint. Floor-to-ceiling windows and spacious balconies are standard, offering breathtaking views of the Gulf of Mexico. A unique feature of Seychelles is that some units, particularly those in the '05 stack, offer Gulf-front master bedrooms - a highly coveted layout. These units provide unparalleled views and a true beachfront living experience. Monthly HOA fees range from $500 to $1,300, covering a comprehensive list of services including management, cable TV, electricity, legal/accounting, ground maintenance, structural maintenance, phone, pool upkeep, security, trash removal, and water. This all-inclusive fee structure is a standout feature of Seychelles, as it's one of the few beachfront condos in the area that includes electricity in the HOA dues.

Resort-quality amenities with a focus on beachfront living

Seychelles Condominium offers an array of amenities designed to enhance the beachfront lifestyle. The property features two Gulf-front pools, one of which is seasonally heated, accompanied by relaxing hot tubs. These pools provide the perfect vantage point for enjoying the coastal scenery. For fitness enthusiasts, an on-site fitness center is available, equipped with modern exercise machines. The property also includes a game room and a basketball court, offering diverse recreational options for residents and guests. Beach access is a priority at Seychelles, with a dune walkover providing direct and convenient passage to the sandy shores. The condominium's 200 feet of private beachfront ensures ample space for sunbathing, beach games, or simply enjoying the sound of the waves. Security and convenience are paramount, with features such as a gated parking garage, secured entrance to the building, and an enclosed walkover from the garage to the units. This setup allows residents to move from their vehicles to their homes without exposure to the elements - a particularly valuable feature during inclement weather. For those using the property as a vacation rental, Seychelles offers on-site rental and property management services, simplifying the process for owners. A conference center is also available, catering to those who may need to mix business with their beach getaway. The community room serves as a gathering space for residents, fostering a sense of community within the building. With its combination of leisure facilities, practical amenities, and attentive services, Seychelles provides a comprehensive package for comfortable beachfront living.

A serene coastal enclave with easy access to local attractions

Seychelles Condominium is situated in the Lower Grand Lagoon neighborhood, known for its relaxed atmosphere and proximity to both natural wonders and local hotspots. This area offers a perfect balance of tranquility and convenience, making it attractive to full-time residents, seasonal visitors, and vacation rental clients alike. One of the neighborhood's crown jewels is St. Andrews State Park, located just a short distance from Seychelles. This 1,200-acre natural sanctuary provides residents with opportunities for hiking, bird watching, snorkeling, and surfing. The park's pristine beaches and nature trails offer a serene escape from the more bustling areas of Panama City Beach. Food enthusiasts will appreciate the variety of dining options in the vicinity. Schooners, affectionately known as the "Last Local Beach Club," sits right next door to Seychelles. This popular spot is famous for its fresh seafood, particularly grouper, and hosts live music regularly. Other notable eateries within easy reach include Patches Pub, known for its Reuben sandwiches and lively atmosphere, and the upscale Grand Marlin, perfect for special occasions. For those who enjoy cooking at home, Treasure Island Seafood Market is nearby, offering fresh, local ingredients. A Publix supermarket is also conveniently located across the Grand Lagoon Bridge in Upper Grand Lagoon. The area comes alive with events throughout the year. October brings the Lobster Festival to Schooners, a four-day celebration featuring live music and lobster-themed specials. In November, residents can participate in the Annual Grand Lagoon Bloody Mary & Music Festival at the nearby Sheraton Panama City Beach Golf and Spa Resort. Families with children will find quality educational options in the Bay District school system. Patronis Elementary, Surfside Middle, and J.R. Arnold High School serve the area, each offering unique programs and extracurricular activities to support student growth and development. Lower Grand Lagoon's location provides a quieter alternative to the heart of Panama City Beach while still offering easy access to its attractions. This balance of serenity and convenience makes Seychelles an ideal home base for exploring all that the Florida Panhandle has to offer.

Strategic location with easy access to major routes

While the Lower Grand Lagoon area primarily caters to car owners, it offers a level of walkability that allows residents to enjoy some amenities on foot. The neighborhood's layout, with its grid network of residential streets, facilitates short walks to nearby attractions and dining establishments. For longer journeys, Thomas Drive serves as the main artery in and out of the area. This road provides a more secluded feel compared to the busier stretches of Panama City Beach, contributing to the neighborhood's relaxed atmosphere. However, it still offers convenient access to the wider region. Residents and visitors planning air travel will find Northwest Florida Beaches International Airport about a 40-minute drive away, approximately 23 miles from Seychelles. This proximity allows for relatively easy access to national and international destinations. While public transportation options are limited in this area, the focus on private transportation aligns with the preferences of many residents and visitors to this upscale coastal community. The covered and secured parking at Seychelles, complete with a convenient walkover to the building, caters to car owners and enhances the overall living experience. For those who enjoy cycling, the area offers some opportunities for bike rides, particularly along the quieter residential streets and nearby park areas. However, dedicated bike lanes are limited, so cyclists should exercise caution when venturing onto busier roads. Overall, while not a hub of public transportation, Lower Grand Lagoon and Seychelles Condominium offer a transportation setup that caters well to its residents' needs, providing easy access to local attractions and wider regional destinations primarily through private vehicle use.

Available Units

No units matching this criteria are available right now.

Building Details

Views

  • Gulf
  • Lagoon

Recreation

  • Beach
  • Heated In Ground Pool
  • Community Spa
  • Spa
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Outdoor Features

  • Beach Front
  • Property fronts gulf or ocean
  • Community Barbecue Grill

Amenities

  • Clubhouse
  • Game Room
  • Recreation Room
  • Security Service
  • Gated Community

Parking

  • 1 - 2 Garage Spaces Per Unit
  • 1 Car Detached Garage
  • Gated Parking
  • Secured Garage or Parking

Condo Association

  • $790 Monthly HOA Fees
  • Monthly HOA Fees Range from $653 - $1,275
  • Association fees include accounting, electricity, ground keeping, internet service, legal, sewer, water, cable TV, trash
  • Seychelles Resort Condo Subdivision

Building Design

  • Elevator
  • Storm Windows
  • 197 Buildings
  • High-Rise Condominium

Unit Features

  • Exterior Washer Dryer Hookup
  • Balcony

Unit Information By Building

Beds
1 Bed
1 Bed
1 Bed
1 Bed
1 Bed
1 Bed
3 Beds
1 Bed
1 Bed
1 Bed
Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
Sq Ft
883
883
883
883
883
883
1,425
883
883
873
Price
$444,900
$432,500
$425,000
$430,000
$429,000
$440,000
$899,000
$475,000
$459,000
$499,000
Price / Sq Ft
$504 / Sq Ft
$490 / Sq Ft
$481 / Sq Ft
$487 / Sq Ft
$486 / Sq Ft
$498 / Sq Ft
$631 / Sq Ft
$538 / Sq Ft
$520 / Sq Ft
$572 / Sq Ft
List Date
06/11/2024
12/20/2024
10/24/2024
11/12/2024
11/04/2024
03/28/2025
08/03/2022
02/19/2025
02/07/2025
10/17/2024

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$471,530
1 Bedroom Units
Sq Ft Range
873 - 883
Est. Values
$396,870 - $484,277
2 Bedroom Units
Sq Ft Range
None Available
Est. Values
$435,933 - $817,853
3 Bedroom Units
Sq Ft Range
1,425
Est. Values
$647,426 - $814,373
All Units
Sq Ft Range
873 - 1,425
Est. Values
$396,870 - $817,853

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Somewhat Bikeable

Bike Score®

36 / 100

Somewhat Walkable

Walk Score®

51 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

75 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$233K - $582K
Range of Taxes in Building
$3,606 - $7,313
Range of Taxes per Sq Ft
$3.99 - $6.21

Property Tax History

Source: Public Records

Building Team

Architect
Collins & Associates
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.