5940 Gulf Drive
Panama City, FL 32408
4090 sqft | 5 beds | 6.5 baths | 0.12 acres | #775943
Description
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.
Property Details
- Utility FeaturesCable Available, High Speed Internet Available, Trash Collection, Underground Utilities
- InteriorBeamed Ceilings, Elevator, Kitchen Island, Recessed Lighting, Smart Thermostat
- Exterior MaterialsBuiltInBarbecue, Balcony, Covered Patio, Outdoor Kitchen, Outdoor Shower
- Pool FeaturesGas Heat, In Ground, Pool, Private, Salt Water
- Property ConditionUnder Construction
- SubdivisionHadley's Beach
- Short SaleListed As Is
- Original List Price$3,100,000
- Property TypePurchase
- Elementary SchoolPatronis
- Middle SchoolSurfside
- Property SubtypeDetached
- StyleCoastal
- Cost3100000
- High SchoolArnold
- Taxes Annual$5,161
- MLS #775943
- MLS #775943
- ViewGulf
- Acres0.12
- Square Feet4090
- Year Built2025
- FoundationSlab
- Bathrooms6.5
- CountyBay
- Hoa Fees500
- Bedrooms5
- Full Baths6
- Half Baths1
- Stories3
- Pool1
- Parking Spaces2
- Days on Market (Cumulative)1
Location
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Last Updated: . Source: CPAR
Listing Courtesy
Listing Agent: Ashley Cutchins (#B10184)
Listing Office: Miller & Associates Realty (#BREP)
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