5940 Gulf Drive, Panama City, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.



5940 Gulf Drive,Panama City, FL 32408
$3,100,000
- 5 Beds
- 7 Baths
- 4,090 sq. ft.
- Single family
- Active
Listed by:ashley cutchins
Office:miller & associates realty
MLS#:775943
Source:FL_BCMLS
Price summary
- Price:$3,100,000
- Price per sq. ft.:$757.95
- Monthly HOA dues:$41.67
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.
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Home facts
- Year built:2025
- Listing Id #:775943
- Added:37 day(s) ago
- Updated:August 02, 2025 at 02:25 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, Electric
- Heating:Electric
Structure and exterior
- Roof:Metal
- Year built:2025
- Building area:4,090 sq. ft.
- Lot area:0.12 Acres
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Finances and disclosures
- Price:$3,100,000
- Price per sq. ft.:$757.95
- Tax amount:$5,161 (2024)
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