$2,850,000
Panama City Beach, FL 32408
MLS# 995836
Status: Sold
6 beds | 7 baths | 4570 sqft

1 / 57
Property Description
Under contract with 72 hour kick out clause in place. Positioned just steps from sugar-white sands and turquoise waters, 5948 Gulf Drive presents an elevated coastal residence within the refined setting of Hadley's Beach. With six bedrooms, six and a half bathrooms, and captivating Gulf views, this home offers a seamless blend of architectural detail, thoughtful design, and effortless seaside living.
Details
Status Change Info
Sold Price/SqFt: 623.63
Status: Sold
Under Contract Date: 2026-02-20
Sold Date: 2026-03-02
Sold Price: $2,850,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 634.57
List Date: 2026-02-20
Current Price: $2,850,000
List Price: $2,900,000
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 20 Orb 4627 P 2364
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: Building Plan
Immediate Occupancy: No
Garage: No
Carport: No
Driveway Spaces: 2
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 4570
Bedrooms: 6
Full Baths: 6
Half Baths: 1
Total Bathrooms: 7
# Stories: 3
Year Built: 2025
Acreage: 0.12
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 500
Annual Assessment Amount: 500
Assessment Paid: Annually
New Buyer Fee: No
Last Taxes: 6162.77
Last Tax Year: 2025
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes
Remarks & Misc
Remarks: Under contract with 72 hour kick out clause in place.
Positioned just steps from sugar-white sands and turquoise waters, 5948 Gulf Drive presents an elevated coastal residence within the refined setting of Hadley's Beach. With six bedrooms, six and a half bathrooms, and captivating Gulf views, this home offers a seamless blend of architectural detail, thoughtful design, and effortless seaside living.
Construction Status
Construction Complete: 1
Waterview
Gulf: 1
Lot/Parcel Access
Paved Road: 1
Lot Features
Cleared: 1
Covenants: 1
Restrictions: 1
Within 1/2 Mile to Water: 1
Project Facilities
Short Term Rental - Allowed: 1
Construction/Siding
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
Underground: 1
Zoning
Resid Single Family: 1
Exterior
Balcony: 1
Fenced Back Yard: 1
Pool - In-Ground: 1
Interior
Furnished - All: 1
Financing
Conventional: 1
Appliances
Dishwasher: 1
Dryer: 1
Range Hood: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Washer: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Water Heater - Tnkls: 1
Bedroom
First: 1
Second: 1
Kitchen
Second: 1
Living Room
Second: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Recreation Room: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Legal: 1
Location Tax and Legal
Area: 27 - Bay County
Street #: 5948
Street Name: Gulf
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: Hadley's Beach
Parcel ID: 30932100200
Property Features
Construction Status: Construction Complete
Lot Features: Cleared; Covenants; Restrictions; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterview: Gulf
Project Facilities: Short Term Rental - Allowed
Exterior: Balcony; Fenced Back Yard; Pool - In-Ground
Interior: Furnished - All
Appliances: Dishwasher; Dryer; Range Hood; Refrigerator W/IceMk; Smoke Detector; Washer
Utilities: Electric; Public Sewer; Public Water; Underground
Energy: AC - 2 or More; AC - Central Elect; Water Heater - Tnkls
Bedroom: First; Second
Kitchen: Second
Living Room: Second
Rooms: Bedroom; Kitchen; Living Room; Recreation Room
Financing: Conventional
Fees Include: Accounting; Ground Keeping; Legal
Supplements
Interiors are curated with designer finishes and anchored by a chef's kitchen appointed with premium appliances, creating a sophisticated yet inviting environment for gathering and entertaining. Open living spaces are filled with natural light, framing coastal vistas and reinforcing the home's connection to its surroundings.
Private retreats are thoughtfully arranged, including a spacious bunk room that enhances flexibility and functionality. Each bedroom suite is designed for comfort and privacy, supporting both everyday living and extended stays.
Outdoors, a fenced backyard surrounds a private pool, offering a tranquil setting for relaxation after days spent at the beach just moments away. Whether enjoying sunrise walks along the shore or evenings under the stars, the lifestyle here is defined by proximity, beauty, and ease.
With short-term rentals permitted and a premier Gulf-side location, 5948 Gulf Drive pairs lifestyle appeal with long-term opportunity. Refined, composed, and richly connected to its setting, this residence embodies the enduring elegance of coastal living at its finest.
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | First | 13.6 x 11.4 | 13.60 | 11.40 |
| Bedroom | First | 13.6 x 12.8 | 13.60 | 12.80 |
| Bedroom | First | 13.3 x 11.8 | 13.30 | 11.80 |
| Bedroom | Second | 13.4 x 12 | 13.40 | 12.00 |
| Recreation Room | First | 12.9 x 13 | 12.90 | 13.00 |
| Recreation Room | Second | 17.4 x 12 | 17.40 | 12.00 |
| Kitchen | Second | 12 x 12 | 12.00 | 12.00 |
| Living Room | Second | 17.4 x 15.6 | 17.40 | 15.60 |
Listing Office: Corcoran Reverie SRB
Last Updated: March - 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.