5940 Gulf Drive, Panama City Beach, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.
Upcoming open houses
- Mon, Jan 1211:00 am - 02:00 pm
Listed by: ashley cutchins, bryce a miller
Office: miller & associates realty
MLS#:783122
Source:FL_BCMLS
Price summary
- Price:$3,100,000
- Price per sq. ft.:$757.95
About this home
Introducing a rare opportunity in Hadley's Beach an exclusive, low-density Gulf-front community in Panama City Beach. One of just ten first-tier homesites, this newly constructed three-story retreat is purpose-built for luxury living and exceptional rental performance, offering stunning design, panoramic views, and turnkey income potential.
Step into the first floor where a private guest suite and a relaxed secondary living space set the tone for coastal comfort. Expansive sliders open to a covered outdoor kitchen and lounge, perfect for seamless indoor-outdoor entertaining. Just beyond, a heated saltwater pool with a sun shelf and swim deck invites relaxation in a setting just steps from the beach.
Ride the private elevator to the second floor, where 12-foot ceilings and floor-to-ceiling windows frame the breathtaking Gulf. This level features a spacious open-concept living and dining area and a chef's kitchen outfitted with high-end appliances, premium finishes, and an oversized island built for gathering. A guest bedroom and 1.5 bathrooms offer comfort and flexibility for renters or family.
The third floor delivers privacy and sleeping capacity with two Gulf-facing primary suites featuring spa-style baths and balconies, a custom bunk room designed for families and kids, and an additional guest bedroom with full bath. With 5 bedrooms, 6.5 bathrooms, and multiple living spaces across all three levels, the layout is tailor-made for high-volume short-term rentals.
Every detail has been designed for ease and income from the full fire suppression system meeting all STR code requirements to the garage and oversized driveway with parking for 5+ vehicles, including an EV charger.
Whether you're seeking a luxury second home, full-time residence, or a rental machine in one of the Gulf Coast's most coveted beach communities, this Hadley's Beach home delivers unmatched value, beauty, and return on investment.
Contact an agent
Home facts
- Year built:2025
- Listing ID #:783122
- Added:4 day(s) ago
- Updated:January 06, 2026 at 06:39 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:7
- Full bathrooms:6
- Half bathrooms:1
- Living area:4,090 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Electric
Structure and exterior
- Year built:2025
- Building area:4,090 sq. ft.
- Lot area:0.12 Acres
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Sewer Available
Finances and disclosures
- Price:$3,100,000
- Price per sq. ft.:$757.95
- Tax amount:$5,161 (2024)
New listings near 5940 Gulf Drive
- New
$985,000Active3 beds 2 baths1,864 sq. ft.7930 S Lagoon Drive, Panama City Beach, FL 32408
MLS# 992252Listed by: EARTH AND STONE REALTY LLC - New
$499,900Active1 beds 2 baths1,026 sq. ft.17281 Front Beach Road #1404, Panama City Beach, FL 32413
MLS# 783252Listed by: KELLER WILLIAMS REALTY EMERALD - New
$335,000Active3 beds 3 baths1,300 sq. ft.124 W Leslie Lane, Panama City Beach, FL 32407
MLS# 783253Listed by: KELLER WILLIAMS SUCCESS REALTY - New
$424,900Active2 beds 2 baths1,315 sq. ft.8948 Coral Reef Way, Panama City Beach, FL 32413
MLS# 783246Listed by: WATERSOUND REAL ESTATE - New
$229,000Active0.13 Acres00 Beach Drive, Panama City Beach, FL 32408
MLS# 783249Listed by: EXP REALTY LLC - New
$430,000Active2 beds 2 baths1,174 sq. ft.10625 Front Beach Road #2306, Panama City Beach, FL 32407
MLS# 783239Listed by: WATERVIEW PROPERTY GROUP LLC - New
$319,900Active3 beds 3 baths1,560 sq. ft.6440 Summer Oak Drive #A, Panama City Beach, FL 32408
MLS# 783236Listed by: CORCORAN REVERIE - New
$699,900Active3 beds 4 baths1,838 sq. ft.7009 N Lagoon Drive #111, Panama City Beach, FL 32408
MLS# 783232Listed by: OWN IT REAL ESTATE LLC - New
$749,000Active3 beds 2 baths1,588 sq. ft.12011 Front Beach Road #501, Panama City Beach, FL 32407
MLS# 783234Listed by: BERKSHIRE HATHAWAY HOMESERVICES BEACH PROPERTIES OF FLORIDA - New
$699,000Active2.99 Acresnone N Kelley Street, Panama City Beach, FL 32413
MLS# 783228Listed by: BLACKWATER RIVER REALTY