5935 Gulf Drive, Panama City Beach, FL 32408

New Listing
$5,900,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 5,662 Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $5,900,000 List Date: 3/04/2026 Last Modified: 3/04/2026

Description

Set along the sugar-white shoreline of Panama City Beach, 5935 Gulf Drive presents a rare opportunity to own one of the limited Gulf-front residences within Hadley's Beach, an intimate community of just 20 homes. Only 10 of these residences enjoy a true Gulf-front setting, making this offering one of the final chances to secure a direct waterfront home in this thoughtfully designed enclave where short-term rentals are permitted.

Supplements: Spanning 5,662 square feet, this newly constructed residence by Thor Construction & Design blends refined coastal architecture with modern luxury across three levels. Designed to capture uninterrupted views of the Gulf, the home features floor-to-ceiling windows that frame the shifting blues of the water and flood the interiors with natural light. From the back door, steps lead directly to the white sand and turquoise shoreline, creating a seamless connection between the home and the beach beyond. The residence offers eight spacious bedrooms, seven full bathrooms and one-half bathroom, thoughtfully arranged to accommodate both privacy and gathering. The second floor serves as the heart of the home, where the main living area and chef's kitchen open toward expansive Gulf views. Generous proportions, clean architectural lines, and elegant finishes create a space that is both sophisticated and welcoming for entertaining. Elevated above it all, the third-floor primary suite offers a private retreat with its own lounge area overlooking the Gulf--an ideal setting for quiet mornings or sunset views along the coast. Outdoor living is equally considered. More than 1,300 square feet of porch space invites open-air dining, relaxed conversation, and panoramic waterfront vistas. A private pool offers another place to unwind after a day on the beach, while the home's elevator and garage add everyday convenience. Offered fully furnished, the residence is designed for effortless enjoyment from the moment you arrive. With direct Gulf frontage, generous living spaces, and refined construction, 5935 Gulf Drive embodies the elevated coastal lifestyle that defines Panama City Beach's most coveted waterfront homes.

More Information MLS# 996931

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1042.03 List Date: 2026-03-04 Current Price: $5,900,000 List Price: $5,900,000

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 9 ORB 4629 P 469

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: Building Plan Garage: Yes Carport: No Driveway Spaces: 2 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 5662 Bedrooms: 8 Full Baths: 7 Half Baths: 1 Total Bathrooms: 8 # Stories: 3 Year Built: 2025 Garage Spaces: 1 Acreage: 0.26

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 500 Annual Assessment Amount: 500 Assessment Paid: Annually New Buyer Fee: No Last Taxes: 20284.94 Last Tax Year: 2025 Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property. As Is: No

Remarks & Misc

Remarks: Set along the sugar-white shoreline of Panama City Beach, 5935 Gulf Drive presents a rare opportunity to own one of the limited Gulf-front residences within Hadley's Beach, an intimate community of just 20 homes. Only 10 of these residences enjoy a true Gulf-front setting, making this offering one of the final chances to secure a direct waterfront home in this thoughtfully designed enclave where short-term rentals are permitted.

Waterfront

Gulf: 1 Waterfront Feet: 48 feet

Construction Status

Under Construction: 1

Parking Features

Garage Attached: 1

Waterview

Gulf: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Within 1/2 Mile to Water: 1

Construction/Siding

Roof Metal: 1

Utilities

Gas - Natural: 1 Public Sewer: 1 Public Water: 1 Underground: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Patio Covered: 1 Patio Open: 1 Pool - Heated: 1 Pool - In-Ground: 1

Interior

Elevator: 1 Furnished - All: 1 Washer/Dryer Hookup: 1

Financing

Conventional: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Storm Doors: 1 Water Heater - Tnkls: 1

Mstr Bdrm/Mstr Bath

MBed Waterfront: 1

Master Bedroom

Third: 1

Bedroom

First: 1 Second: 1

Kitchen

Second: 1

Living Room

Second: 1

Rooms

Bedroom: 1 Dining Area: 1 Garage: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 27 - Bay County Street #: 5935 Street Name: Gulf Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Project Name/Subdivision: Hadley's Beach Parcel ID: 30932-100-090

Property Features

Construction Status: Under Construction Lot Features: Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Gulf Waterview: Gulf Parking Features: Garage Attached Exterior: Balcony; Patio Covered; Patio Open; Pool - Heated; Pool - In-Ground Interior: Elevator; Furnished - All; Washer/Dryer Hookup Utilities: Gas - Natural; Public Sewer; Public Water; Underground Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Storm Doors; Water Heater - Tnkls Master Bedroom: Third Bedroom: First; Second Kitchen: Second Living Room: Second Rooms: Bedroom; Dining Area; Garage; Kitchen; Living Room; Master Bedroom Financing: Conventional

Room Information

Bedroom Level: First Dimensions: 14.4 x 14 Length: 14.40 Width: 14.00 Dimensions: 14.4 x 14 Garage Level: First Dimensions: 20 x 14 Length: 20.00 Width: 14.00 Dimensions: 20 x 14 Bedroom Level: First Dimensions: 12.7 x 13.5 Length: 12.70 Width: 13.50 Dimensions: 12.7 x 13.5 Bedroom Level: First Dimensions: 12.6 x 13.5 Length: 12.60 Width: 13.50 Dimensions: 12.6 x 13.5 Living Room Level: Second Dimensions: 19.1 x 19.1 Length: 19.10 Width: 19.10 Dimensions: 19.1 x 19.1 Kitchen Level: Second Dimensions: 14 x 19 Length: 14.00 Width: 19.00 Dimensions: 14 x 19 Dining Area Level: Second Dimensions: 12.6 x 19 Length: 12.60 Width: 19.00 Dimensions: 12.6 x 19 Bedroom Level: Second Dimensions: 16.1 x 15.6 Length: 16.10 Width: 15.60 Dimensions: 16.1 x 15.6 Bedroom Level: Second Dimensions: 14.4 x 14 Length: 14.40 Width: 14.00 Dimensions: 14.4 x 14 Master Bedroom Level: Third Dimensions: 18.9 x 20 Length: 18.90 Width: 20.00 Dimensions: 18.9 x 20 Master Bedroom Level: Third Dimensions: 18 x 19 Length: 18.00 Width: 19.00 Remarks: sitting area Dimensions: 18 x 19
Listing Office: Corcoran Reverie SRB
Last Updated: March - 04 - 2026
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