5940 Gulf Drive, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:ERA Neubauer Real Estate, Inc.
5940 Gulf Drive,Panama City Beach, FL 32408
$2,990,500
  • 5 Beds
  • 7 Baths
  • 4,090 sq. ft.
  • Single family
  • Active
Listed by: ashley cutchins, bryce a miller
Office: miller & associates realty
MLS#:783122
Source:FL_BCMLS

Price summary

  • Price:$2,990,500
  • Price per sq. ft.:$731.17

About this home

Introducing a rare opportunity in Hadley's Beach an ultra exclusive, low density Gulf front community in Panama City Beach, where only ten first tier homes exist... and opportunities like this almost never come to market. Priced at $2.99M and capable of generating up to $250,000 annually, this newly constructed three story retreat isn't just a luxury home. It's a high-performing coastal asset designed to deliver both lifestyle and income in one irreplaceable location. And now, with owner financing available, the path to ownership becomes even more accessible. Step inside and the experience begins immediately. The first level welcomes guests with a private suite and a relaxed secondary living space ideal for maximizing rental flexibility and privacy. Expansive glass doors open to a covered outdoor kitchen and lounge, creating a seamless flow into the backyard retreat, where a heated saltwater pool, sun shelf, and swim deck offer a resort style experience just steps from the...

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Home facts

  • Year built:2025
  • Listing ID #:783122
  • Added:128 day(s) ago
  • Updated:May 10, 2026 at 07:41 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:7
  • Full bathrooms:6
  • Half bathrooms:1
  • Rooms Total:15
  • Dining Description:SmartThermostat
  • Bathrooms Description:SmartThermostat
  • Kitchen Description:Bar Fridge, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Tankless Water Heater
  • Bedroom Description:SmartThermostat
  • Living area:4,090 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:2025
  • Building area:4,090 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Coastal
  • Construction Materials:Concrete, Wood Frame
  • Exterior Features:Balcony, Deck, Outdoor Shower, Patio
  • Foundation Description:Slab
  • Levels:3 Story

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Patronis

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$2,990,500
  • Price per sq. ft.:$731.17
  • Tax amount:$5,161 (2024)

Features and amenities

  • Amenities:BarFridge, CarbonMonoxideDetectors, FireAlarm, FireSprinklerSystem, GasCooktop, GasOven, GasRange, GasWaterHeater, IceMaker, SmartThermostat, SmokeDetectors, TanklessWaterHeater
  • Pool features:Gas Heat, InGround, Private, Salt Water

Parking

  • Garage:Yes
  • Garage spaces:1
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