5940 Gulf DR new Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32408
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,090 sqft
Price per Sqft $757
Subdivision Hadley'S Beach
MLS Listing ID 775943
Style Coastal
Bedrooms 5
Full Baths 6
Half Baths 1
Construction Status Under Construction
HOA Fees $41/ann
HOA Y/N Yes
Year Built 2025
Annual Tax Amount $5,161
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Detached
Property Description
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.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Beamed Ceilings,Elevator,Kitchen Island,Recessed Lighting,Smart Thermostat
Heating Electric
Cooling Central Air,Ceiling Fan(s),Electric
Furnishings Furnished
Fireplace No
Appliance Bar Fridge,Dryer,Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Gas Water Heater,Ice Maker,Microwave,Refrigerator,Range Hood,Tankless Water Heater,Washer
Exterior
Exterior Feature Built-in Barbecue,Balcony,Covered Patio,Outdoor Kitchen,Outdoor Shower
Parking Features Attached,Driveway,Electric Vehicle Charging Station(s),Garage,Paver Block
Garage Spaces 2.0
Garage Description 2.0
Fence Privacy
Pool Gas Heat,In Ground,Pool,Private,Salt Water
Community Features Short Term Rental Allowed
Utilities Available Cable Available,High Speed Internet Available,Trash Collection,Underground Utilities
View Y/N Yes
View Gulf
Roof Type Metal
Porch Balcony,Covered,Patio
Private Pool Yes
Building
Story 3
Foundation Slab
Architectural Style Coastal
Construction Status Under Construction
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
HOA Fee Include Legal/Accounting
Tax ID 30932-100-220
Security Features Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
Special Listing Condition Listed As-Is