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  |  10 baths  |  5891 sqft


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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 9 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: 9
Half Baths: 1
Total Bathrooms: 10
# 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 9 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 - 02 - 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.