$2,850,000
OPEN WED 9AM - 1PM

5948 Gulf Dr Panama City Beach, FL 32408

Estimated payment $15,939/month

Total Views 31,583
6 Beds
6.5 Baths
4,570 Sq Ft
$624 Price per Sq Ft

Highlights

  • In Ground Pool
  • Gulf View
  • Beach House
  • J.R. Arnold High School Rated A-
  • Recreation Room
  • 2-minute walk to Regency Towers Dog Run

About This Home

Compelling new construction opportunity in the brand new Gulf front community of Hadley's Beach.

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. Architectural harmony is established and promoted through the carefully curated covenants and restrictions coupled with the inception of the community architectural review board.

Listing Agent

Hilary Farnum-Fasth

Corcoran Reverie SRB License #662303 Listed on: 03/24/2025

Corcoran Reverie SRB

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,776

Year Built

  • Built in 2025

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 54x100

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Beach House

Interior Spaces

  • 4,570 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Living Room
  • Recreation Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Range Hood
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Underground Utilities
  • Tankless Water Heater

Community Details

  • Association fees include accounting, ground keeping, legal
  • Hadley's Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30932-100-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,776

Year Built

Built in 2025

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 54x100
  • Subdivision Name: Hadley's Beach
  • 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.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2025
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Washers: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Underground: Yes
  • Special Features: 3
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Dryer, Range Hood, Refrigerator W/IceMk, Smoke Detector, Washer, Water Heater - Tnkls
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool - In-Ground, Pool Type
  • View: Gulf
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Underground

Condo/Co-op/Association

  • Association #2 Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 30932-100-200
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 4776.0
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,776 $420,000 $420,000 --
2023 $4,776 $382,000 $382,000 $0
2022 $2,811 $243,045 $243,045 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $2,850,000 0.0% $624 / Sq Ft
07/10/2025 07/10/25 Price Changed $2,850,000 +2.0% $624 / Sq Ft
03/24/2025 03/24/25 For Sale $2,795,000 0.0% $612 / Sq Ft
03/24/2025 03/24/25 For Sale $2,795,000 -- $612 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,800,000 Construction
Closed $1,850,000 New Conventional
Source: Public Records

About the Listing Agent

Hilary Farnum-Fasth
Hilary Farnum-Fasth

Corcoran Reverie SRB

(448) 231-1311

Section Image

With nearly 30 years of experience, Hilary Farnum-Fasth is a recognized leader in luxury and new development real estate, setting the standard for excellence along 30A and beyond. Her deep market expertise, strategic foresight, and ability to bring high-end communities to life have made her an indispensable partner to developers, investors, and discerning buyers.

Hilary’s career began in new construction, where she played a pivotal role in the early development of WaterSound Beach

View Hilary's Profile

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Source: Emerald Coast Association of REALTORS®

MLS Number: 971951

Emerald Coast Association of REALTORS®

APN: 30932-100-200

Florida Bay County Panama City Beach 32408

5948 Gulf Dr, Panama City Beach, FL

This home is located at 5948 Gulf Dr, Panama City Beach, FL 32408 and is currently priced at $2,850,000, approximately $623 per square foot. This property was built in 2025. 5948 Gulf Dr is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Hilary Farnum-Fasth
Hilary Farnum-Fasth
Listing Agent Section Image
Corcoran Reverie SRB
(448) 231-1311