Skip main navigation
For sale
  • $6,400,000

    5939 Gulf Dr, Panama City Beach, FL 32408

    8beds
    5,891sqft
    : 
    $41,302/mo
    Get pre-qualified
    Single Family Residence
    Built in 2025
    0.26 Acres Lot
    $-- Zestimate®
    $1,086/sqft
    $-- HOA

    What's special

    Fully furnished homeStunning private gulf-front poolPrivate elevatorPanoramic emerald-water viewsFour-story residenceBunk roomElevated finishes
    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 8 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.
    84 days
    |
    656
    |
    37
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Garrison D Dykes 229-206-1088,

    Found Real Estate,

    Jennifer L Payne,

    Found Real Estate

    Source: ECAOR,MLS#: 1004512MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 11
      • Full bathrooms: 10
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Third
      • Area: 240.27 Square Feet
      • Dimensions: 16.58 x 14.5
      Bedroom
      • Level: First
      • Area: 199.95 Square Feet
      • Dimensions: 13.33 x 15
      Bedroom
      • Level: First
      • Area: 171.39 Square Feet
      • Dimensions: 13.9 x 12.33
      Bedroom
      • Level: Second
      • Area: 128.76 Square Feet
      • Dimensions: 12.17 x 10.58
      Bedroom
      • Level: Second
      • Area: 186.05 Square Feet
      • Dimensions: 13.58 x 13.7
      Bedroom
      • Level: Fourth
      • Area: 152.13 Square Feet
      • Dimensions: 12.5 x 12.17
      Other
      • Level: Fourth
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Dining area
      • Level: Second
      • Area: 125.83 Square Feet
      • Dimensions: 14.25 x 8.83
      Garage
      • Level: First
      • Area: 301 Square Feet
      • Dimensions: 14 x 21.5
      Kitchen
      • Level: Second
      • Area: 180.78 Square Feet
      • Dimensions: 11.42 x 15.83
      Recreation room
      • Level: First
      • Area: 488.4 Square Feet
      • Dimensions: 20 x 24.42
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Tankless Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Beamed Ceilings, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Owner's Closet, Pantry, Wet Bar, Elevator
      • Flooring: Hardwood
      • Doors: Storm Door(s)
      • Windows: Storm Window(s), Window Treatments
      • Has fireplace: Yes
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 5,891
      • Total interior livable area: 5,891 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Stories: 4
      • Pool features: In Ground
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf
      Lot
      • Size: 0.26 Acres
      • Dimensions: 50 x 229
      Details
      • Parcel number: 30932100080
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House
      • Property subtype: Single Family Residence
      Materials
      • Shake Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Metal
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2025

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Beach, Deed Access, Short Term Rental - Allowed
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: Hadley's Beach
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Legal
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $1,086/sqft
      • Tax assessed value: $1,650,000
      • Annual tax amount: $20,284
      • Date on market: 6/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/2/2026Listed for sale$6,400,000+9.4%$1,086/sqft
        Source: ECAOR #1004512 Report a problem
        5/8/2026Sold$5,850,000-2.4%$993/sqft
        Source: ECAOR #1003402 Report a problem
        12/5/2025Listing removed$5,995,000$1,018/sqft
        Source: CPAR #768561 Report a problem
        10/10/2025Pending sale$5,995,000$1,018/sqft
        Source: ECAOR #967970 Report a problem
        2/6/2025Listed for sale$5,995,000+224.1%$1,018/sqft
        Source: ECAOR #967970 Report a problem
        12/28/2023Sold$1,850,000$314/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 +217.1%$1,512,500 +193.4%
        2022$5,963 $515,520
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        41 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

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

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

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes