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Listing provided courtesy of Found Real Estate- MLS# 1004512MLS Provider

5939 Gulf DrivePanama City Beach, FL 32408

Single Family · 8 Beds · 10 Full Baths · 1 Half Bath · 5,891 Sq. ft. | 0.26 Acres
$6,400,000 Active

5939 Gulf Drive Overview

Time on Site:
27 days
Visits:
1

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.

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5939 Gulf Drive Facts & Features

  • Type Single Family
  • Sq. ft. 5,891
  • Price/Sq.ft. $1,086
  • Lot 0.26 Acres

Details

General

Association/HOA

  • Association Fee Includes: Accounting,Ground Keeping,Legal
  • Association: true

School Information

  • Elementary School: Patronis
  • Middle Or Junior School: Surfside
  • High School: Arnold

Listing Information

  • Buyer Financing: Conventional

Building Information

  • New Construction: false
  • Year Built: 2025

Location/Region

  • County Or Parish: Bay
  • MLS Area Major: 27 - Bay County
  • MLS Area Minor: 2723 - Beach - South of Grand Lagoon
  • Subdivision Name: Hadley's Beach

Community/Development

  • Community Features: Short Term Rental - Allowed,Beach,Deed Access

Tax Information

  • Tax Annual Amount: 20284.94
  • Tax Year: 2025

General Information

  • Parcel Number: 30932-100-080
  • Property Condition: Construction Complete
  • Property Sub Type: Detached Single Family
  • Property Type: Residential
  • Zoning: Resid Single Family

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 10
  • Bathrooms Half: 1
  • Bathrooms Total: 11
  • Bedrooms Total: 8

Building Interior

  • Building Area Source: County PA Records
  • Building Area Total: 5891.0

General Information

  • Appliances: Dishwasher,Disposal,Dryer,Ice Machine,Microwave,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Gas,Washer,Wine Refrigerator,Water Heater - Tnkls
  • Door Features: Storm Door(s)
  • Interior Features: Ceiling Beamed,Ceiling Raised,Elevator,Fireplace,Kitchen Island,Lighting Recessed,Owner's Closet,Pantry,Washer/Dryer Hookup,Wet Bar
  • Rooms Total: 11
  • Security Features: Fire Alarm/Sprinkler
  • Stories: 4
  • Window Features: Window Treatment All,Storm Windows

Exterior

Lot Information

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Dimensions: 50x229
  • Lot Size Square Feet: 11325.6
  • Lot Size Units: Acres

Waterfront/View

  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: true

Building Exterior/Construction

  • Architectural Style: Beach House
  • Attached Garage: true
  • Construction Materials: Siding Shake

General Information

  • Carport: false
  • Pool Features: Pool - In-Ground,Pool Type
  • Utilities: Electric,Gas - Natural,Public Water,Underground

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 13.33 x 15
  • Length: 13.33
  • Width: 15.00

Room: Bedroom

  • Level: First
  • Dimensions: 13.9 x 12.33
  • Length: 13.90
  • Width: 12.33

Room: Garage

  • Level: First
  • Dimensions: 14 x 21.5
  • Length: 14.00
  • Width: 21.50

Room: Recreation Room

  • Level: First
  • Dimensions: 20 x 24.42
  • Length: 20.00
  • Width: 24.42

Room: Bedroom

  • Level: Fourth
  • Dimensions: 12.5 x 12.17
  • Length: 12.50
  • Width: 12.17

Room: Bunk Room

  • Level: Fourth
  • Dimensions: 12 x 12
  • Length: 12.00
  • Width: 12.00

Room: Bedroom

  • Level: Second
  • Dimensions: 12.17 x 10.58
  • Length: 12.17
  • Width: 10.58

Room: Bedroom

  • Level: Second
  • Dimensions: 13.58 x 13.7
  • Length: 13.58
  • Width: 13.70

Room: Dining Area

  • Level: Second
  • Dimensions: 14.25 x 8.83
  • Length: 14.25
  • Width: 8.83

Room: Kitchen

  • Level: Second
  • Dimensions: 11.42 x 15.83
  • Length: 11.42
  • Width: 15.83

Room: Master Bedroom

  • Level: Third
  • Dimensions: 16.58 x 14.5
  • Length: 16.58
  • Width: 14.50

5939 Gulf Drive Neighborhood

Community

32408 (Panama City Beach) Demographics

43
Median Age
751
Population Density (per sq. mile)
48%
College Educated
$57,202
Estimated Median Income
5,833
Estimated Total Home Owners
2,869
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5939 Gulf Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5939 Gulf Drive Market Data

Based on the last 30 days in this zip code

$616,879
Average List Price
$391
Average Price per Square Foot
97
Properties Sold
89
Average Days on Market
1,054
Properties for Sale
Calculations provided by Reliance Network

5939 Gulf Drive History

Date Event Value Agent
6/2/2026Source: Emerald Coast MLS Added to Database
June 02, 2026
5/19/2026Source: Emerald Coast MLS Status Change
Sold
5/19/2026Source: Emerald Coast MLS Status Change
Pending
5/19/2026Source: Emerald Coast MLS Added to Database
May 19, 2026