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


$6,400,000
5939 Gulf Drive
Panama City Beach, FL 32408
MLS# 1004512
8 beds  |  11 baths  |  5891 sqft


Front of Home
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Front of Home 1st Floor Living Area 1st Floor Living Area 1st Floor Living Area and Wet Bar 1st Floor Bathroom off Living Area 1st Floor Living Area Entry Way 1st Floor King Ensuite Gulf Front 1st Floor King Ensuite Gulf Front 1st Floor King Bathroom 1st Floor Bunk Room 1st Floor Bunk Room 1st Floor Bunk Room 1st Floor Bunk Room Bathroom 1st Floor Laundry Room 2nd Floor Kitchen 2nd Floor Kitchen 2nd Floor Kitchen 2nd Floor Kitchen 2nd Floor Kitchen 2nd Floor Living Space 2nd Floor Living Space 2nd Floor Living Space 2nd Floor Dining 2nd Floor Dining 2nd Floor Dining 2nd Floor Dining 2nd Floor Wet Bar off Dining Area 2nd Floor Balcony 2nd Floor Balcony 2nd Floor Balcony 2nd Floor Balcony 2nd Floor Bunk Room 2nd Floor Bunk Room 2nd Floor King Bathroom 2nd Floor King Bedroom 2nd Floor King Bathroom 2nd Floor King Bedroom 2nd Floor King Ensuite 2nd Floor King Bathroom 2nd Floor Hall Half Bathroom 3rd Floor King Ensuite 3rd Floor King Bathroom 3rd Floor King Ensuite 3rd Floor King Ensuite 3rd Floor King Bathroom 3rd Floor King Bathroom 3rd Floor King Ensuite Gulf Front 3rd Floor King Ensuite Gulf Front 3rd Floor Master Bathroom 3rd Floor Master Bathroom 3rd Floor Master Bathroom 3rd Floor Balcony 3rd Floor Balcony 3rd Floor Laundry room 4th Floor Coffee Bar 4th Floor Queen Bedroom 4th Floor Queen Bedroom 4th Floor Queen Bathroom 4th Floor Queen Bathroom 4th Floor Bunk Room 4th Floor Bunk Room 4th Floor Bunk Bathroom 4th Floor Bunk Bathroom 4th Floor Balcony 4th Floor Balcony 1st Floor Pool Area 1st Floor Pool Area 1st Floor Pool Area Private Beach Access Front of Home Front of Home View From Gulf Arial View Arial View Arial View Arial View

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.

Details
General Property Info
userdefined76: 6
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Driveway Spaces: 4
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 5891
Bedrooms: 8
Full Baths: 10
Half Baths: 1
Total Bathrooms: 11
# Stories: 4
Year Built: 2025
Garage Spaces: 2
Acreage: 0.26
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1086.4
List Date: 2026-06-02
Current Price: $6,400,000
List Price: $6,400,000
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
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.
Waterfront
Gulf: 1
Waterfront Feet: 50
Construction Status
Construction Complete: 1
Parking Features
Garage Attached: 1
Waterview
Gulf: 1
Project Facilities
Beach: 1
Deed Access: 1
Short Term Rental - Allowed: 1
Construction/Siding
Foundation On Piling: 1
Roof Metal: 1
Siding Shake: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
Underground: 1
Zoning
Resid Single Family: 1
Exterior
Pool - In-Ground: 1
Interior
Ceiling Beamed: 1
Ceiling Raised: 1
Elevator: 1
Fireplace: 1
Floor Hardwood: 1
Furnished - All: 1
Kitchen Island: 1
Lighting Recessed: 1
Owner's Closet: 1
Pantry: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Window Treatment All: 1
Financing
Conventional: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Fire Alarm/Sprinkler: 1
Ice Machine: 1
Microwave: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Heat - Two or More: 1
Heat Cntrl Electric: 1
Storm Doors: 1
Storm Windows: 1
Water Heater - Tnkls: 1
Water Heater - Two +: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Dressing Area: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBed Balcony: 1
MBed Sitting Area: 1
MBed Walk-in Closet: 1
MBed Waterfront: 1
Master Bedroom
Third: 1
Bedroom
First: 1
Second: 1
Fourth: 1
Kitchen
Second: 1
Rooms
Bedroom: 1
Bunk Room: 1
Dining Area: 1
Garage: 1
Kitchen: 1
Master Bedroom: 1
Recreation Room: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Legal: 1
Status Change Info
Status: Active
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
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
GarageFirst14 x 21.514.0021.50
BedroomFirst13.33 x 1513.3315.00
BedroomFirst13.9 x 12.3313.9012.33
Recreation RoomFirst20 x 24.4220.0024.42
BedroomSecond12.17 x 10.5812.1710.58
BedroomSecond13.58 x 13.713.5813.70
KitchenSecond11.42 x 15.8311.4215.83
Dining AreaSecond14.25 x 8.8314.258.83
Master BedroomThird16.58 x 14.516.5814.50
BedroomFourth12.5 x 12.1712.5012.17
Bunk RoomFourth12 x 1212.0012.00

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.