Waterfront - New Construction
Address
5931 Gulf Drive, Panama City, FL
Price
$ 5,295,000
Property Attributes
  • MLS#791891
  • TypeSingle Family
  • Listing Status Pending
  • CountyBay
  • CityPanama City
  • Area03 - Bay County - Beach
  • NeighborhoodHadley's Beach
  • Zip32408
  • Style
  • Year Built2026
  • Price$ 5,295,000
  • Bedrooms7
  • Full Bathrooms8
  • Half Bathrooms1
  • Sqr Footage5031
  • Lot Size0.26 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

There is something timeless about waking to the sight of the Gulf stretching endlessly beyond your window. At 5931 Gulf Drive, that experience becomes part of everyday life. Positioned directly on the shoreline within Hadley's Beach, an intimate community where only ten residences enjoy true Gulf-front placement, this fully furnished home invites you to live at the water's edge, where the rhythm of the waves sets the pace of the day. Spanning 5,031 square feet, the residence was designed around the view. From the moment you enter, the Gulf commands attention--an ever-changing backdrop of turquoise water, white sand, and expansive coastal sky. Sunlight moves effortlessly through the home's generous living spaces, creating an atmosphere that feels both elevated and welcoming. The heart of the home is where people naturally gather. A beautifully appointed kitchen with premium appliances opens seamlessly into the living and dining areas, creating a setting equally suited for celebratory dinners, holiday gatherings, or quiet mornings with coffee overlooking the shoreline. Every space feels connected, designed to bring family and friends together while never losing sight of the water beyond. With seven bedrooms and eight-and-a-half bathrooms, the home offers room to spread out and settle in. Yet it is the third-floor primary suite that truly captures the imagination. Elevated above the coastline, it feels almost suspended between sea and sky. Here, sweeping Gulf views greet the morning, while evenings are framed by breathtaking sunsets reflected across the water. Outside, life naturally gravitates toward the Gulf. A private pool offers a refreshing retreat between beach walks, while the shoreline itself is just steps away. Days begin with sunrise strolls along the sugar-white sand and end with conversations carried by the sound of the surf. Thoughtful additions such as two laundry rooms and an elevator servicing all levels bring comfort and convenience to everyday living. Offered fully furnished and with short-term rentals permitted, the home is prepared to be enjoyed from the moment you arrive. Whether envisioned as a gathering place for generations, a coastal retreat, or an investment in one of Panama City Beach's most desirable beachfront communities, the experience remains the same: effortless, refined, and deeply connected to the beauty of the Gulf. At 5931 Gulf Drive, the shoreline is not simply a view--it becomes part of the way you live.

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
7/10/2026 Listed $5,295,000

General Features

Sewer Public Sewer
Utilities Underground Utilities
Property Subtype Single Family Residence
Tax Year 2025
Community Features Short Term Rental Allowed
County Bay
Property Type Residential
HOA true
Subdivision Name Hadley's Beach
Status Pending
Directions Heading East on Thomas Drive, turn right onto Nova Street and then take the first right onto Gulf Drive which will take you to the community entrance. The community is between the Watercrest Condo
High School Arnold
City Panama City
Zoning Description Resid Single Family
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 11326
Elementary School Patronis
Middle/Junior High School Surfside
MLS Area Minor 0323 - Beach - South of Grand Lagoon
Standard Status Pending
Property Sub Type Additional Single Family Residence
Occupancy Type Vacant
Waterfront Features Gulf
Year Built 2026
Association Fee Includes Legal/Accounting
Heating Electric
Cooling Central Air
Appliances Gas Oven,Gas Range
Patio/Porch Features Balcony
Construction Materials HardiPlank Type
View Gulf
Attached Garage false
Garage Y/N true
Total Rooms 7
Full Baths 8
Garage Spaces 1
Architectural Style Coastal
Stories Count 3
Levels Three Or More
HOA Fee 500
Assoc Fee Paid Per Annually
Pool Features In Ground,Private
New Construction true
Roof Metal

Interior Features

Total Baths 9
Furnished Units All Units
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 7
LivingAreaSource Plans
Half Baths 1
Total Stories 3

Exterior Features

Lot Size Area 0.26
Lot Dimensions 50.0 ft x 227.0 ft
Lot Size Acres 0.26
Building Area Total 5031
Waterfront Y/N true
Private Pool true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32408

Price
AVG $930K
$5.3M
Year Built
AVG 2001
2026

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