Waterfront
Address
5939 Gulf Drive, Panama City Beach, FL
Price
$ 6,400,000
Property Attributes
- MLS#1004512
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodHadley's Beach
- Zip32408
- StyleBeach House
- Year Built2025
- Taxes$ 20284
- Price$ 6,400,000
- Bedrooms8
- Full Bathrooms10
- Half Bathrooms1
- Sqr Footage5891
- Lot Size0.26 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Experience the pinnacle of Gulf-front luxury at 5939 Gulf Drive, a newly constructed coastal estate located within the exclusive beachfront enclave of Hadley's Beach in Panama City Beach. Perfectly positioned directly on the sugar-white sands with 50 feet of Gulf frontage, this extraordinary four-story residence offers nearly 6,000 square feet of thoughtfully designed living space with 8 bedrooms, 10 full baths, 1 half bath, a bunk room, recreation room, private elevator, and a stunning private Gulf-front pool. Designed to balance sophistication, comfort, and investment potential, this fully furnished home is already operating as a short-term rental opportunity. Expansive gathering spaces, multiple Gulf-front balconies, and panoramic emerald-water views create an unforgettable coastal experience for owners and guests alike. The open-concept main living area showcases elevated finishes, generous entertaining spaces, and seamless indoor-outdoor flow overlooking the beach. Whether you are seeking a luxury second home, an elite investment property, or a legacy beachfront estate, 5939 Gulf Drive delivers an exceptional opportunity to own one of Panama City Beach's newest premier Gulf-front residences.
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 6/2/2026 | Listed $6,400,000 |
General Features
| Utilities | Electric,Gas - Natural,Public Water,Underground |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| Community Features | Short Term Rental - Allowed,Beach,Deed Access |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | Hadley's Beach |
| Status | Active |
| Buyer Financing | Conventional |
| Directions | Heading East on Thomas Drive, turn Right onto Nova Street. Take the first right onto Gulf Drive. Home is on the right (Gulf Front). |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 11325.6 |
| Elementary School | Patronis |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 2723 - Beach - South of Grand Lagoon |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Gulf |
| Waterfront Features | Gulf |
| Tax Assessed Value | 500 |
| Heating | Central |
| Cooling | Central Air |
| Garage Spaces | 2 |
| Architectural Style | Beach House |
| Construction Materials | Siding Shake |
| Year Built | 2025 |
| Stories Count | 4 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | true |
| Total Rooms | 11 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Accounting,Ground Keeping,Legal |
| Pool Features | Pool - In-Ground,Pool Type |
| HOA | true |
| Security Features | Fire Alarm/Sprinkler |
Interior Features
| Total Baths | 11 |
|---|---|
| Interior Amenities | Ceiling Beamed,Ceiling Raised,Elevator,Fireplace,Kitchen Island,Lighting Recessed,Owner's Closet,Pantry,Washer/Dryer Hookup,Wet Bar |
| Flooring | Floor Hardwood |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatment All,Storm Windows |
| Furnished Y/N | Furnished - All |
Exterior Features
| Lot Size Area | 0.26 |
|---|---|
| Lot Dimensions | 50x229 |
| Lot Size Acres | 0.26 |
| Waterfront Y/N | true |
| Foundation Details | Foundation On Piling |
| Building Area Total | 5891 |
| Door Features | Storm Door(s) |
| Total Parking | 6 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32408
Price
Taxes
Year Built
In The Neighborhood
Waterfront
Panama City Beach
$ 5,295,000
- Type
- Single Family
- Size
- 5,031 SqFt
- Rooms
- 7 Beds + 8.5 Baths
Open House
Panama City Beach
$ 5,900,000
- Type
- Single Family
- Size
- 5,662 SqFt
- Rooms
- 8 Beds + 7.5 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
