5931 Gulf Drive, Panama City, FL 32408 (MLS# 791891)

5931 Gulf Drive, Panama City, FL 32408

New Listing

$5,295,000

Property Type: Residential Bedrooms: 7 Baths: 9 Square Footage: 5,031 Lot Size (sq. ft.): 11,326 Status: Coming Soon – No Showings

Current Price: $5,295,000 List Date: 6/26/2026 Last Modified: 6/26/2026

Overview

Description

There is something timeless about waking to the sight of the Gulf stretching endlessly beyond your window. At 5931 Gulf Drive, that experience becomes part of everyday life. Positioned directly on the shoreline within Hadley's Beach, an intimate community where only ten residences enjoy true Gulf-front placement, this fully furnished home invites you to live at the water's edge, where the rhythm of the waves sets the pace of the day. Spanning 5,031 square feet, the residence was designed around the view. From the moment you enter, the Gulf commands attention–an ever-changing backdrop of turquoise water, white sand, and expansive coastal sky. Sunlight moves effortlessly through the home's generous living spaces, creating an atmosphere that feels both elevated and welcoming. The heart of the home is where people naturally gather. A beautifully appointed kitchen with premium appliances opens seamlessly into the living and dining areas, creating a setting equally suited for celebrat … (Read more)

Supplements: With seven bedrooms and eight-and-a-half bathrooms, the home offers room to spread out and settle in. Yet it is the third-floor primary suite that truly captures the imagination. Elevated above the coastline, it feels almost suspended between sea and sky. Here, sweeping Gulf views greet the morning, while evenings are framed by breathtaking sunsets … (Read more)

Listing Details MLS# 791891

Contract Info

List Price/SqFt: 1052.47

Location

Area: 03 – Bay County – Beach
Street #: 5931
Street Name: Gulf
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Hadley's Beach
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 30932-100-100
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Heading East on Thomas Drive, turn right onto Nova Street and then take the first right onto Gulf Drive which will take you to the community entrance. The community is between the Watercrest Condo
Legal Description: HADLEY'S BEACH LOT 10 ORB 4626 P 2127

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 5031
SqFt Source: Builders Plans
Full Baths: 8
Half Baths: Yes
Total Baths: 9
# of Stories in Building: 3
Year Built: 2026
Construction Status: Construction Complete
New Construction: Yes
Garage Y/N: Yes
Garage Spaces: Yes
Lot Dimensions: 50.0 ft x 227.0 ft
Acreage: 0.26
Lot Size (SqFt): 11326
Pool: Yes
Pool Type: Private

Waterfront Feature

Waterfront Feet: 50'

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 500
HOA Frequency: Annually
HOA Annual Amount: 500
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: Equitable Interest – Listing Broker/Salesperson has equitable interest in the property.
As Is: No

Remarks & Misc

Remarks: There is something timeless about waking to the sight of the Gulf stretching endlessly beyond your window. At 5931 Gulf Drive, that experience becomes part of everyday life. Positioned directly on the shoreline within Hadley's Beach, an intimate community where only ten residences enjoy true Gulf-front placement, this fully furnished home invites you to live at the water's edge, where the rhythm of the waves sets the pace of the day. Spanning 5,031 square feet, the residence was designed around the view. From the moment you enter, the Gulf commands attention–an ever-changing backdrop of turquoise water, white sand, and expansive coastal sky. Sunlight moves effortlessly through the home's generous living spaces, creating an atmosphere that feels both elevated and welcoming. The heart of the home is where people naturally gather. A beautifully appointed kitchen with premium appliances opens seamlessly into the living and dining areas, creating a setting equally suited for celebratory dinners, holiday gatherings, or quiet mornings with coffee overlooking the shoreline. Every space feels connected, designed to bring family and friends together while never losing sight of the water beyond.

More Information

Dining Room

Second: Yes

Pool Features

Inground: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Oven – Gas: Yes
Range – Gas: Yes
Refrigerator: Yes
Washer: Yes

Construction/Siding

Roof – Metal: Yes
Siding – Hardie Board: Yes

Exterior

Balcony: Yes

Association Fees Include

Accounting: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Kitchen

Second: Yes

Living Room

Second: Yes

Lot Features

Cleared: Yes
Within 1/2 Mile to Water: Yes

Parking Features

Garage Attached: Yes

Present Zoning

Resid Single Family: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

Electricity – Connected: Yes
Natural Gas – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes
Underground Utilities: Yes

Waterview

Gulf: Yes

Waterfront Type

Gulf: Yes

Primary Bedroom

Third: Yes

Bedroom

First: Yes
Second: Yes

Cooling

Central Air: Yes

Heating

Electric: Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven – Gas; Range – Gas; Refrigerator; Washer Primary Bedroom: Third Bedroom: First; Second Cooling: Central Air Heating: Electric Exterior: Balcony Association Fees Include: Accounting Financing: Cash; Conventional Furnished: Furnished Kitchen: Second Living Room: Second Lot Features: Cleared; Within 1/2 Mile to Water Dining Room: Second Pool Features: Inground Parking Features: Garage Attached Rooms: Bedroom; Dining Room; Kitchen; Living Room; Primary Bedroom Utilities: Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Public Water – Connected; Underground Utilities Waterfront Type: Gulf Waterview: Gulf Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Bedroom	First	13.9 x 11.1	13.90	11.10
Bedroom	First	13.4 x 11.6	13.40	11.60
Bedroom	Second	14.2 x 12.11	14.20	12.11
Living Room	Second	15.1 x 14.3	15.10	14.30
Dining Room	Second	14.3 x 10.9	14.30	10.90
Primary Bedroom	Third	18.9 x 17.4	18.90	17.40
Kitchen	Second	15.1 x 9.8	15.10	9.80

Listing Office: Corcoran Reverie

Last Updated: June – 26 – 2026

Information deemed reliable but not guaranteed.