$3,100,000
For Sale

5940 Gulf Drive

Panama City, FL 32408
4090 sqft | 5 beds | 6.5 baths | 0.12 acres | #775943
Browse 18 photos
Type:Purchase
Structure:House
Zone:Residential

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

Bruce BushReal Estate Group
OR

Interested in Purchasing 5940 Gulf Drive?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00