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Located at 5940 Gulf Drive, Panama City, Florida 32408, this Single Family Home is for Sale with a price of $3,100,000 USD. The property was built in 2025, includes 5 bedrooms, has 6 full baths and 1 partial baths. This listing has 4,090 Sq.Ft. of interior space on a lot of .12 Acres. See all Homes for Sale in Panama City.
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18. 5940 Gulf Drive
1. 5940 Gulf Drive
2. 5940 Gulf Drive
1 of 18
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FloridaPanama City5940 Gulf Drive

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Description

5940 Gulf Drive,

Panama City, FL 32408

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.

This is an Active listing.

Broker Office Phone Number: 850-249-6655

Copyright © 2025Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Dishwasher
  • Garbage Disposal
  • Patio
  • Refrigerator
  • Dryer Included
  • Washer / Dryer
  • Ceiling Fan
  • Metal Roof
  • Driveway
  • Garage
Listing By: Miller & Associates Realty via Data Source: Central Panhandle Association of REALTORS 
5
Bedrooms
6
Full Baths
1
Partial Bath
$3,100,000
price
$758
Price Per Sqft
$5,161
Annual taxes
Single Family Home
Property type
2025
Year Built
Bay County
School District
Bay County
School District
bay-panama-city-fl
Schools
Patronis
Elementary
Surfside
Middle
Arnold
High
15853006
Web Id
775943
MLS ID
18
Days Posted

Price History

datepricevariancetype
7/7/2025$3,100,000-Listed
listing agent: Ashley Cutchins
more info
4,090 Sq Ft.
interior
0.12 Acres
Exterior
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    new listing

    5940 Gulf Drive
    Panama City, FL 32408

    $3,100,000
    5 bd6 ba