5939 Gulf Drive, Panama City Beach, FL 32408 (MLS# 1004512)

5939 Gulf Drive, Panama City Beach, FL 32408

$6,400,000

Property Type: Residential Bedrooms: 8 Baths: 11 Square Footage: 5,891 Lot Size (sq. ft.): 11,326 Status: Active

Current Price: $6,400,000 List Date: 6/02/2026 Last Modified: 6/17/2026

Overview

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 y ... (Read more)

Listing Details MLS# 1004512

Contract Info

List Price/SqFt: 1086.4
Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County
Street #: 5939
Street Name: Gulf
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: Hadley's Beach
Parcel ID: 30932-100-080

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 5891
SqFt Source: County PA Records
Full Baths: 10
Half Baths: Yes
Total Bathrooms: 11
# Stories: 4
Year Built: 2025
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Garage Spaces: 2
Driveway Spaces: 4
userdefined76: 6
Acreage: 0.26
Pool: Yes
Pool Type: Private

Waterfront

Waterfront Feet: 50
Gulf: Yes

Location, Tax and Legal

Sub Area: 2723 - Beach - South of Grand Lagoon
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Legal Description: HADLEY'S BEACH LOT 8 ORB 4761 P 662

More Information

Listing Info, Tax & Legal

Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 500
Annual Assessment Amount: 2000
Assessment Paid: Quarterly
New Buyer Fee: No
Last Taxes: 20284.94
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No

Remarks & Misc

Remarks: 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.

Construction Status

Construction Complete: Yes

Parking Features

Garage Attached: Yes

Waterview

Gulf: Yes

Project Facilities

Beach: Yes
Deed Access: Yes
Short Term Rental - Allowed: Yes

Construction/Siding

Foundation On Piling: Yes
Roof Metal: Yes
Siding Shake: Yes

Utilities

Electric: Yes
Gas - Natural: Yes
Public Sewer: Yes
Public Water: Yes
Underground: Yes

Zoning

Resid Single Family: Yes

Exterior

Pool - In-Ground: Yes

Interior

Ceiling Beamed: Yes
Ceiling Raised: Yes
Elevator: Yes
Fireplace: Yes
Floor Hardwood: Yes
Furnished - All: Yes
Kitchen Island: Yes
Lighting Recessed: Yes
Owner's Closet: Yes
Pantry: Yes
Washer/Dryer Hookup: Yes
Wet Bar: Yes
Window Treatment All: Yes

Financing

Conventional: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Fire Alarm/Sprinkler: Yes
Ice Machine: Yes
Microwave: Yes
Refrigerator W/IceMk: Yes
Smoke Detector: Yes
Stove/Oven Gas: Yes
Washer: Yes
Wine Refrigerator: Yes

Energy

AC - 2 or More: Yes
AC - Central Elect: Yes
Heat - Two or More: Yes
Heat Cntrl Electric: Yes
Storm Doors: Yes
Storm Windows: Yes
Water Heater - Tnkls: Yes
Water Heater - Two +: Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity: Yes
MBath Dressing Area: Yes
MBath Garden Tub: Yes
MBath Separate Shwr: Yes
MBath Tile: Yes
MBed Balcony: Yes
MBed Sitting Area: Yes
MBed Walk-in Closet: Yes
MBed Waterfront: Yes

Master Bedroom

Third: Yes

Bedroom

First: Yes
Second: Yes
Fourth: Yes

Kitchen

Second: Yes

Rooms

Bedroom: Yes
Bunk Room: Yes
Dining Area: Yes
Garage: Yes
Kitchen: Yes
Master Bedroom: Yes
Recreation Room: Yes

Fees Include

Accounting: Yes
Ground Keeping: Yes
Legal: Yes

Property Features

Construction Status: Construction Complete Zoning: Resid Single Family Waterfront: Gulf Waterview: Gulf Parking Features: Garage Attached Project Facilities: Beach; Deed Access; Short Term Rental - Allowed Exterior: Pool - In-Ground Interior: Ceiling Beamed; Ceiling Raised; Elevator; Fireplace; Floor Hardwood; Furnished - All; Kitchen Island; Lighting Recessed; Owner's Closet; Pantry; Washer/Dryer Hookup; Wet Bar; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Ice Machine; Microwave; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator Utilities: Electric; Gas - Natural; Public Sewer; Public Water; Underground Energy: AC - 2 or More; AC - Central Elect; Heat - Two or More; Heat Cntrl Electric; Storm Doors; Storm Windows; Water Heater - Tnkls; Water Heater - Two + Master Bedroom: Third Bedroom: First; Second; Fourth Kitchen: Second Rooms: Bedroom; Bunk Room; Dining Area; Garage; Kitchen; Master Bedroom; Recreation Room Financing: Conventional Fees Include: Accounting; Ground Keeping; Legal

Room Information

Room Name	Level	Dimensions	Length	Width
Garage	First	14 x 21.5	14.00	21.50
Bedroom	First	13.33 x 15	13.33	15.00
Bedroom	First	13.9 x 12.33	13.90	12.33
Recreation Room	First	20 x 24.42	20.00	24.42
Bedroom	Second	12.17 x 10.58	12.17	10.58
Bedroom	Second	13.58 x 13.7	13.58	13.70
Kitchen	Second	11.42 x 15.83	11.42	15.83
Dining Area	Second	14.25 x 8.83	14.25	8.83
Master Bedroom	Third	16.58 x 14.5	16.58	14.50
Bedroom	Fourth	12.5 x 12.17	12.50	12.17
Bunk Room	Fourth	12 x 12	12.00	12.00

Listing Office: Found Real Estate

Last Updated: June - 17 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.