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New construction
  • Price cut: $100K (8/15)
    $5,900,000

    5935 Gulf Dr, Panama City Beach, FL 32408

    8beds
    5,662sqft
    : 
    $38,023/mo
    Get pre-qualified
    Single Family Residence
    Built in 2025
    0.26 Acres Lot
    $5,482,700 Zestimate®
    $1,042/sqft
    $42/mo HOA

    What's special

    Private poolEight spacious bedroomsTrue gulf-front settingDirect waterfront homeRefined coastal architectureModern luxuryDirect gulf frontage
    Set along the sugar-white shoreline of Panama City Beach, The Headliner at Hadley's Beach presents a rare opportunity to own one of the limited Gulf-front residences within Hadley's Beach, an intimate enclave of just 20 homes. With only 10 true Gulf-front residences in the community, this newly constructed offering represents one of the final opportunities to secure direct waterfront ownership in a setting designed for both elevated coastal living and exceptional investment potential, with short-term rentals permitted. Positioned moments from the energy of Panama City Beach's celebrated dining, live music, and entertainment scene, the home offers the rare balance of privacy and connection. Owners and guests can enjoy evenings filled with waterfront concerts, local music venues, and vibrant coastal culture before retreating to the serenity of their own Gulf-front escape. Spanning 5,662 square feet across three thoughtfully designed levels, the residence by Thor Construction & Design blends refined coastal architecture with modern luxury. Floor-to-ceiling windows frame uninterrupted Gulf views, drawing natural light throughout the interiors while showcasing the ever-changing blues of the water beyond. Just beyond the back door, private access leads directly to the white sand and turquoise shoreline, creating a seamless transition between home and beach. The residence offers eight spacious bedrooms and eight bathrooms, carefully arranged to accommodate both large gatherings and quiet retreat. The second level serves as the heart of the home, where expansive living and dining spaces flow effortlessly into a chef's kitchen designed for entertaining against a backdrop of panoramic Gulf views. Clean architectural lines, elevated finishes, and generous proportions create an atmosphere that feels sophisticated yet inviting. Occupying the upper level, the primary suite offers a private sanctuary overlooking the Gulf, complete with its own lounge area designed for peaceful mornings, sunset views, and evenings accompanied by the distant rhythm of the coast's live music scene. Outdoor living is equally exceptional, with more than 1,300 square feet of porch space designed for open-air dining, relaxed conversation, and uninterrupted waterfront vistas. A private pool offers another space to unwind after a day on the beach, while the home's elevator and garage provide effortless convenience. Offered fully furnished, The Headliner at Hadley's Beach is curated for immediate enjoyment. With direct Gulf frontage, refined construction, and proximity to the very best of Panama City Beach's coastal lifestyle, 5935 Gulf Drive is a statement residence where luxury, leisure, and the soundtrack of the Gulf Coast come together beautifully.
    102 days
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    755
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    54
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    Zillow last checked:

    Listing updated:

    Listed by:

    Hilary N Farnum-Fasth 850-685-0171,

    Corcoran Reverie

    Source: CPAR,MLS#: 789986MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 7
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Dining Room, Garage, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: Third
      • Dimensions: 18.9 x 20
      Primary bedroom
      • Description: sitting area
      • Level: Third
      • Dimensions: 18 x 19
      Bedroom
      • Level: First
      • Dimensions: 14.4 x 14
      Bedroom
      • Level: First
      • Dimensions: 12.7 x 13.5
      Bedroom
      • Level: First
      • Dimensions: 12.6 x 13.5
      Bedroom
      • Level: Second
      • Dimensions: 16.1 x 15.6
      Bedroom
      • Level: Second
      • Dimensions: 14.4 x 14
      Dining room
      • Level: Second
      • Dimensions: 12.6 x 19
      Garage
      • Level: First
      • Dimensions: 20 x 14
      Kitchen
      • Level: Second
      • Dimensions: 14 x 19
      Living room
      • Level: Second
      • Dimensions: 19.1 x 19.1
      Heating
      • Central, Electric, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Gas Oven, Gas Range, Tankless Water Heater
      Features
      • Balcony, Double Vanity, Interior Steps, Sitting Area in Primary, Walk-In Closet(s)
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 5,662
      • Total interior livable area: 5,662 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Patio & porch: Balcony, Deck, Covered, Patio
      • Exterior features: Deck
      • Has private pool: Yes
      • Pool features: In Ground, Private
      • Has view: Yes
      • View description: Gulf, Water
      • Has water view: Yes
      • Water view: Gulf,Water
      • Waterfront features: Gulf
      • Frontage length: 48 feet
      Lot
      • Size: 0.26 Acres
      • Dimensions: 48' x 225'
      • Features: Paved
      Details
      • Parcel number: 30932100090
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type
      • Roof: Metal
      Condition
      • New construction: Yes
      • Year built: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available, Underground Utilities

      Community & HOA

      Community
      • Features: Beach, Short Term Rental Allowed
      • Subdivision: Hadley's Beach
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Legal/Accounting
      • HOA fee: $500 annually
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $1,042/sqft
      • Tax assessed value: $1,650,000
      • Annual tax amount: $20,285
      • Date on market: 5/16/2026
      • Cumulative days on market: 146 days
      • Electric utility on property: Yes

        Estimated market value

        $5,482,700

        $5.21M - $5.76M

        $3,429/mo

        Price history

        DateEventPrice
        8/15/2026Price change$5,900,000-1.7%$1,042/sqft
        Source: CPAR #789986 Report a problem
        5/16/2026Listed for sale$6,000,000+1.7%$1,060/sqft
        Source: ECAOR #1003258 Report a problem
        4/16/2026Listing removed$5,900,000$1,042/sqft
        Source: CPAR #786270 Report a problem
        3/4/2026Listed for sale$5,900,000+321.4%$1,042/sqft
        Source: ECAOR #996931 Report a problem
        11/8/2022Sold$1,400,000$247/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$20,277 +7.2%$1,650,000 +9.1%
        2023$18,910 +218.3%$1,512,500 +194.5%
        2022$5,940 $513,585
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        38 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Patronis
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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