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5939 Gulf Drive, Panama City Beach, FL 32408 Active 1 / 77
$6,400,000

5939 Gulf Drive, Panama City Beach, FL 32408

Panama City Beach, FL 32408
  • 8 Beds
  • 11 Baths
  • 5,891 Sq Ft
  • 2025 Built
  • MLS 1004512

About this home

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.

Property details

Property typeDetached Single Family
StatusActive
Area27 - Bay County
SubdivisionHadley's Beach
CityPanama City Beach
CountyBay
Zip32408
StyleBeach House
Taxes$20,285
Tax year2025
HOAYes
WaterfrontYes
ViewGulf

Interior

Total rooms11
Full baths10
Half baths1
AppliancesDishwasher, Disposal, Dryer, Microwave, Washer, Tankless Water Heater
CoolingCentral Air
HeatingCentral, Gas - Natural
FlooringHardwood
Interior featuresBeamed Ceilings, Vaulted Ceiling(s), Fireplace, Kitchen Island, Recessed Lighting, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar, Elevator
FurnishedFurnished

Exterior & lot

Lot size0.26 acres
Lot dimensions50x229
RoofMetal
PoolIn Ground
GarageYes

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresBeach, Deed Access, Short Term Rental - Allowed
DirectionsHeading East on Thomas Drive, turn Right onto Nova Street. Take the first right onto Gulf Drive. Home is on the right (Gulf Front).

Data source: Emerald Coast Association of REALTORS®

Location

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