5935 Gulf Drive Panama City Beach, FL 32408
Listing Courtesy of: EMERALD COAST / Corcoran Reverie / Hilary Farnum-Fasth

  5935 Gulf Drive Panama City Beach, FL 32408

Active (5 Days)
$5,900,000 (USD)
8
BED
8
BATH
5,662
SQFT

Description

Set along the sugar-white shoreline of Panama City Beach, 5935 Gulf Drive presents a rare opportunity to own one of the limited Gulf-front residences within Hadley's Beach, an intimate community of just 20 homes. Only 10 of these residences enjoy a true Gulf-front setting, making this offering one of the final chances to secure a direct waterfront home in this thoughtfully designed enclave where short-term rentals are permitted. Spanning 5,662 square feet, this newly constructed residence by Thor Construction & Design blends refined coastal architecture with modern luxury across three levels. Designed to capture uninterrupted views of the Gulf, the home features floor-to-ceiling windows that frame the shifting blues of the water and flood the interiors with natural light. From the back door, steps lead directly to the white sand and turquoise shoreline, creating a seamless connection between the home and the beach beyond.

The residence offers eight spacious bedrooms, seven full bathrooms and one-half bathroom, thoughtfully arranged to accommodate both privacy and gathering. The second floor serves as the heart of the home, where the main living area and chef's kitchen open toward expansive Gulf views. Generous proportions, clean architectural lines, and elegant finishes create a space that is both sophisticated and welcoming for entertaining.

Elevated above it all, the third-floor primary suite offers a private retreat with its own lounge area overlooking the Gulf--an ideal setting for quiet mornings or sunset views along the coast.
Outdoor living is equally considered. More than 1,300 square feet of porch space invites open-air dining, relaxed conversation, and panoramic waterfront vistas. A private pool offers another place to unwind after a day on the beach, while the home's elevator and garage add everyday convenience.

Offered fully furnished, the residence is designed for effortless enjoyment from the moment you arrive. With direct Gulf frontage, generous living spaces, and refined construction, 5935 Gulf Drive embodies the elevated coastal lifestyle that defines Panama City Beach's most coveted waterfront homes.

MLS #:
996931
Taxes
$20,285(2025)
Lot Size
0.26 acres
Type
Single-Family Home
Year Built
2025
Style
Beach House
Views
Gulf
County
Bay County

Listed By

Hilary Farnum-Fasth, Corcoran Reverie
Source
EMERALD COAST
Last checked Mar 9 2026 at 12:12 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 7
  • Half Bathroom: 1
Interior Features
  • Washer/Dryer Hookup
  • Elevator
Kitchen
  • Water Heater - Tnkls
Subdivision
  • Hadley's Beach
Lot Information
  • Within 1/2 Mile to Water
Heating and Cooling
  • Central
  • Central Air
  • Ceiling Fans
Homeowners Association Information
  • Dues: $500/Annually
Utility Information
  • Utilities: Public Water, Gas - Natural, Underground
School Information
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
Stories
  • 3
Location
   
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Disclaimer: Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Emerald Coast Association of REALTORS Last Updated: 3/9/26 05:12
Vendor Number:29098