5939 Gulf Drive, Panama City Beach, FL 32408

New Listing
$6,400,000
Property Type: Residential Bedrooms: 8 Baths: 10 Square Footage: 5,891 Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $6,400,000 List Date: 6/02/2026 Last Modified: 6/02/2026

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.

More Information MLS# 1004512

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

Garage Level: First Dimensions: 14 x 21.5 Length: 14.00 Width: 21.50 Dimensions: 14 x 21.5 Bedroom Level: First Dimensions: 13.33 x 15 Length: 13.33 Width: 15.00 Dimensions: 13.33 x 15 Bedroom Level: First Dimensions: 13.9 x 12.33 Length: 13.90 Width: 12.33 Dimensions: 13.9 x 12.33 Recreation Room Level: First Dimensions: 20 x 24.42 Length: 20.00 Width: 24.42 Dimensions: 20 x 24.42 Bedroom Level: Second Dimensions: 12.17 x 10.58 Length: 12.17 Width: 10.58 Dimensions: 12.17 x 10.58 Bedroom Level: Second Dimensions: 13.58 x 13.7 Length: 13.58 Width: 13.70 Dimensions: 13.58 x 13.7 Kitchen Level: Second Dimensions: 11.42 x 15.83 Length: 11.42 Width: 15.83 Dimensions: 11.42 x 15.83 Dining Area Level: Second Dimensions: 14.25 x 8.83 Length: 14.25 Width: 8.83 Dimensions: 14.25 x 8.83 Master Bedroom Level: Third Dimensions: 16.58 x 14.5 Length: 16.58 Width: 14.50 Dimensions: 16.58 x 14.5 Bedroom Level: Fourth Dimensions: 12.5 x 12.17 Length: 12.50 Width: 12.17 Dimensions: 12.5 x 12.17 Bunk Room Level: Fourth Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12
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.