5940 Gulf Drive, Panama City Beach, FL 32408
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Priced at Only: $3,100,000
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Address: 5940 Gulf Drive, Panama City Beach, FL 32408
Property Location and Similar Properties
- MLS#: 783122 ( Residential )
- Street Address: 5940 Gulf Drive
- Viewed: 20
- Price: $3,100,000
- Price sqft: $758
- Waterfront: Yes
- Wateraccess: Yes
- Year Built: 2025
- Bldg sqft: 4090
- Bedrooms: 5
- Total Baths: 7
- Full Baths: 6
- 1/2 Baths: 1
- Garage / Parking Spaces: 1
- Days On Market: 14
- Additional Information
- Geolocation: 30.1479 / -85.7627
- County: BAY
- City: Panama City Beach
- Zipcode: 32408
- Subdivision: Hadley's Beach
- Elementary School: Patronis
- High School: Arnold
- Provided by: Miller & Associates Realty
- DMCA Notice
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DescriptionIntroducing 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.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Barbecue, CoveredPatio, OutdoorKitchen, OutdoorShower
- Fencing: Privacy
- Flooring: LuxuryVinylPlank
- Living Area: 0.00
School Information
- High School: Arnold
- School Elementary: Patronis
Garage and Parking
- Garage Spaces: 1.00
- Open Parking Spaces: 0.00
- Parking Features: ElectricVehicleChargingStations
Eco-Communities
- Pool Features: GasHeat, InGround, SaltWater, Private
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans
- Heating: Electric
- Utilities: ElectricityAvailable, NaturalGasAvailable, SewerAvailable, UndergroundUtilities
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
Other Features
- Appliances: BarFridge, GasCooktop, GasOven, GasRange, GasWaterHeater, IceMaker, TanklessWaterHeater
- Interior Features: SmartThermostat
- Legal Description: HADLEY'S BEACH LOT 22
- Levels: ThreeOrMore
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 30932-100-220
- Style: Coastal
- The Range: 0.00
- View: Gulf
- Views: 20
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