5963 Gulf Drive, Panama City Beach, FL 32408

$1,995,000
Property Type: Residential Land Lot Size (sq. ft.): 12,197 Status: Sold
Current Price: $1,995,000 List Date: 2/11/2025 Last Modified: 7/02/2025

Overview

Description

Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley’s Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Homesite number two boasts 50′ of Gulf frontage taking full advantage of the views stretching down the coastline and the famed Emerald Coast sunsets which provide a new palate of mesmerizing hues to admire each and every night. Architectural harmony is established and promoted through the carefully curated covenants and restrictions coupled with the inception of the community architectural review board. Notable community infrastructure includes underground utilities, community lighting, and sidewalks throughout.

Supplements: Coined as one of the top two beaches in all of America, St Andrews State Park abuts to Thomas Drive and offers over 1,200 acres of forests, sand dunes covered with sea oats, fresh and saltwater marshes, a lagoon swimming area, fishing jetties, hiking trails, and nearly two miles of beach. The community of Hadley's Beach is geographically poised ne

Listing Details MLS# 762365

Contract Info

List Price/Acre
7125000

Location

Street #
5963
Street Name
Gulf
Street Suffix
Drive
Area
03 – Bay County – Beach
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
[No Recorded Subdiv]
Community/Resort
None
Waterfront
Yes
Parcel ID
30932-100-020
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 Condominium and Regency Towers Condominium. GPS Directions: Enter Nova Street Panama City, FL 32408 into GPS and you will be routed to the community entrance.
Legal Description
HADLEY'S BEACH LOT 2

General Property Info

Sub-Type
Residential Lots
Lot Dimensions
50' x 240'
Acreage
0.28
Lot Size (SqFt)
12197

Status Change Info

Under Contract Date
2025-02-08
Sold Date
2025-07-01
Sold Price/Acre
7125000

Waterfront Feature

Waterfront Feet
50'

Listing Info, Tax & Legal

HOA Fee
Yes
HOA Amount
500
HOA Frequency
Annually
HOA Annual Amount
500
Last Taxes
19082
Last Tax Year
2023
As Is
Yes

More Information

Remarks & Misc

Remarks
Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Homesite number two boasts 50' of Gulf frontage taking full advantage of the views stretching down the coastline and the famed Emerald Coast sunsets which provide a new palate of mesmerizing hues to admire each and every night. Architectural harmony is established and promoted through the carefully curated covenants and restrictions coupled with the inception of the community architectural review board. Notable community infrastructure includes underground utilities, community lighting, and sidewalks throughout.

Association Fees Include

Accounting
Yes

Lot Features

Cleared
Yes
Covenants
Yes
Restrictions
Yes
Within 1/2 Mile to Water
Yes

Lot Access

Paved Road
Yes

Present Zoning

Resid Single Family
Yes

Utilities

Electricity – Connected
Yes
Sewer Available
Yes
Water Connected
Yes
Underground Utilities
Yes

Waterview

Gulf
Yes

Waterfront Type

Gulf
Yes

Property Features

Lot Access: Paved Road Lot Features: Cleared; Covenants; Restrictions; Within 1/2 Mile to Water Utilities: Electricity – Connected; Water Connected; Sewer Available; Underground Utilities Waterfront Type: Gulf Waterview: Gulf Present Zoning: Resid Single Family
Listing Office: Corcoran Reverie
Last Updated: July – 02 – 2025
Information deemed reliable but not guaranteed.