5948 Gulf Drive, Panama City, FL 32408
$2,900,000
Property Type:
Residential
Bedrooms:
6
Baths:
7
Square Footage:
4,570
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$2,900,000
List Date:
2/20/2026
Last Modified:
2/20/2026
Description
Under contract with 72 hour kick out clause in place.
Positioned just steps from sugar-white sands and turquoise waters, 5948 Gulf Drive presents an elevated coastal residence within the refined setting of Hadley’s Beach. With six bedrooms, six and a half bathrooms, and captivating Gulf views, this home offers a seamless blend of architectural detail, thoughtful design, and effortless seaside living.
Interiors are curated with designer finishes and anchored by a chef’s kitchen appointed with premium appliances, creating a sophisticated yet inviting environment for gathering and entertaining. Open living spaces are filled with natural light, framing coastal vistas and reinforcing the home’s connection to its surroundings.
Private retreats are thoughtfully arranged, including a spacious bunk room that enhances flexibility and functionality. Each bedroom suite is designed for comfort and privacy, supporting both everyday living and extended stays.
Outdoors, a fenced backyard surrounds a private pool, offering a tranquil setting for relaxation after days spent at the beach just moments away. Whether enjoying sunrise walks along the shore or evenings under the stars, the lifestyle here is defined by proximity, beauty, and ease.
With short-term rentals permitted and a premier Gulf-side location, 5948 Gulf Drive pairs lifestyle appeal with long-term opportunity. Refined, composed, and richly connected to its setting, this residence embodies the enduring elegance of coastal living at its finest.
More Information MLS# 785564
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 500
HOA Frequency: Annually
HOA Annual Amount: 500
New Buyer Fee: No
Last Taxes: 6163
Last Tax Year: 2025
Brokerage Interest: Ownership Interest – Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes
Contract Info
List Price/SqFt: 634.57
Status: Active
List Date: 2026-02-20
List Price: $2,900,000
Current Price: $2,900,000
Location
Sub Area: 0323 – Beach – South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Thomas Drive, turn right on Crescent and left onto Gulf Drive. Home sits on left.
Area: 03 – Bay County – Beach
Street #: 5948
Street Name: Gulf
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Hadley’s Beach
Parcel ID: 30932-100-200
Legal Description: HADLEY’S BEACH LOT 20 ORB 4627 P 2364
General Property Info
Acreage: 0.12
Design: Beach House
Lot Size (SqFt): 5227
Apx SqFt(Htd/Cooled): 4570
Construction Status: Construction Complete
SqFt Source: Builders Plans
Half Baths: 1
Lot Dimensions: 54’x100′
New Construction: Yes
Garage Y/N: No
Driveway Spaces: 2
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 6
Full Baths: 6
Total Baths: 7
Year Built: 2025
Remarks & Misc
Remarks: Under contract with 72 hour kick out clause in place.
Positioned just steps from sugar-white sands and turquoise waters, 5948 Gulf Drive presents an elevated coastal residence within the refined setting of Hadley’s Beach. With six bedrooms, six and a half bathrooms, and captivating Gulf views, this home offers a seamless blend of architectural detail, thoughtful design, and effortless seaside living.
Interiors are curated with designer finishes and anchored by a chef’s kitchen appointed with premium appliances, creating a sophisticated yet inviting environment for gathering and entertaining. Open living spaces are filled with natural light, framing coastal vistas and reinforcing the home’s connection to its surroundings.
Private retreats are thoughtfully arranged, including a spacious bunk room that enhances flexibility and functionality. Each bedroom suite is designed for comfort and privacy, supporting both everyday living and extended stays.
Outdoors, a fenced backyard surrounds a private pool, offering a tranquil setting for relaxation after days spent at the beach just moments away. Whether enjoying sunrise walks along the shore or evenings under the stars, the lifestyle here is defined by proximity, beauty, and ease.
With short-term rentals permitted and a premier Gulf-side location, 5948 Gulf Drive pairs lifestyle appeal with long-term opportunity. Refined, composed, and richly connected to its setting, this residence embodies the enduring elegance of coastal living at its finest.
Pool Features
Inground: 1
Recreation Room
First: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven – Gas: 1
Range – Gas: 1
Refrigerator: 1
Washer: 1
Construction/Siding
Roof – Metal: 1
Siding – Hardie Board: 1
Exterior
Balcony: 1
Fenced Back Yard: 1
Association Fees Include
Accounting: 1
Management: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Furnished: 1
Interior
Bunk Room: 1
Living Room
Second: 1
Lot Access
Paved Road: 1
Parking Features
Driveway: 1
Rooms
Bedroom: 1
Living Room: 1
Recreation Room: 1
Utilities
Electricity – Connected: 1
Natural Gas – Connected: 1
Public Sewer – Connected: 1
Underground Utilities: 1
Waterview
Gulf: 1
Bedroom
First: 1
Second: 1
Cooling
Central Air: 1
Heating
Central: 1
Electric: 1
Property Features
Appliances: Dishwasher; Disposal; Microwave; Oven – Gas; Range – Gas; Refrigerator; Washer
Bedroom: First; Second
Cooling: Central Air
Heating: Central; Electric
Exterior: Balcony; Fenced Back Yard
Association Fees Include: Accounting; Management
Financing: Cash; Conventional; FHA; VA
Furnished: Furnished
Interior: Bunk Room
Living Room: Second
Lot Access: Paved Road
Pool Features: Inground
Recreation Room: First
Parking Features: Driveway
Rooms: Bedroom; Living Room; Recreation Room
Utilities: Electricity – Connected; Natural Gas – Connected; Public Sewer – Connected; Underground Utilities
Waterview: Gulf
Room Information
Bedroom
Level: First
Dimensions: 13.6 x 11.4
Length: 13.60
Width: 11.40
Dimensions: 13.6 x 11.4
Bedroom
Level: First
Dimensions: 13.6 x 12.8
Length: 13.60
Width: 12.80
Dimensions: 13.6 x 12.8
Bedroom
Level: First
Dimensions: 13.3 x 11.8
Length: 13.30
Width: 11.80
Dimensions: 13.3 x 11.8
Bedroom
Level: Second
Dimensions: 13.4 x 12
Length: 13.40
Width: 12.00
Dimensions: 13.4 x 12
Recreation Room
Level: First
Dimensions: 12.9 x 13
Length: 12.90
Width: 13.00
Dimensions: 12.9 x 13
Living Room
Level: Second
Dimensions: 17.4 x 15.6
Length: 17.40
Width: 15.60
Dimensions: 17.4 x 15.6
Listing Office:
Corcoran Reverie
Last Updated: February – 20 – 2026
Information deemed reliable but not guaranteed.