5948 Gulf Drive, Panama City Beach, FL 32408 (MLS# 995836)

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.

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.

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

Room Information

Bedroom Level: First Dimensions: 13.6 x 11.4 Length: 13.60 Width: 11.40 Dimensions: 13.6 x 11.4 Bedroom Level: First Dimensions: 13.6 x 12.8 Length: 13.60 Width: 12.80 Dimensions: 13.6 x 12.8 Bedroom Level: First Dimensions: 13.3 x 11.8 Length: 13.30 Width: 11.80 Dimensions: 13.3 x 11.8 Bedroom Level: Second Dimensions: 13.4 x 12 Length: 13.40 Width: 12.00 Dimensions: 13.4 x 12 Recreation Room Level: First Dimensions: 12.9 x 13 Length: 12.90 Width: 13.00 Dimensions: 12.9 x 13 Recreation Room Level: Second Dimensions: 17.4 x 12 Length: 17.40 Width: 12.00 Dimensions: 17.4 x 12 Kitchen Level: Second Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Living Room Level: Second Dimensions: 17.4 x 15.6 Length: 17.40 Width: 15.60 Dimensions: 17.4 x 15.6