$1,995,000
SOLD JUL 1, 2025

5963 Gulf Dr Lower Grand Lagoon, FL 32408

0.28 Acre
$7,125,000 Price per Acre
12,197 Sq Ft Lot

Recently Sold

156 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Patronis Elementary School Rated A-
  • 0.28 Acre Lot

About This Lot

As of July 2025

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. Homesite number two boasts 50' of Gulf frontage taking full advantage of the views stretching down the coastline and the famed Emerald Coast sunsets which provide a new palate of mesmerizing hues to admire each and every night. Architectural harmony is established and promoted through the carefully curated covenants and restrictions coupled with the inception of the community architectural review board. Notable community infrastructure includes underground utilities, community lighting, and sidewalks throughout.

Coined as one of the top two beaches in all of America, St Andrews State Park abuts to Thomas Drive and offers over 1,200 acres of forests, sand dunes covered with sea oats, fresh and saltwater marshes, a lagoon swimming area, fishing jetties, hiking trails, and nearly two miles of beach.

The community of Hadley's Beach is geographically poised near all of the world class dining and entertainment venues the Emerald Coast has to offer including Thomas Drive, Pier Park, and Scenic Highway 30A. The prime location, masterfully designed site plan, and impressive rental potential create a compelling opportunity for investors and full-time residents alike. Inquire today to learn more and start envisioning the coastal lifestyle you deserve.

Last Agent to Sell the Property

Hilary Farnum-Fasth

Corcoran Reverie SRB License #662303 Listed on: 02/03/2025

Corcoran Reverie SRB

Last Buyer's Agent

Hilary Farnum

Legendary Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,082

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 50' x 240'
  • Property fronts gulf or ocean
  • Cleared Lot

HOA Fees

  • $42 Monthly HOA Fees

Schools

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

Additional Features

  • Gulf Views
  • Underground Utilities

Community Details

  • Hadley's Beach Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Assessor Parcel Number 30932-100-020

Property Details

Property Type

Land

Est. Annual Taxes

$19,082

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.28
  • Lot Size: 50' x 240'
  • Road Surface Type: Paved Road
  • 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.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Utilities:Underground: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Covenants, Restrictions, Within 1/2 Mile to Water
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electric, Sewer Available, Underground

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 30932-100-020
  • Zoning: Resid Single Family

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $1,995,000 0.0% --
02/08/2025 02/08/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $1,995,000 0.0% --
02/03/2025 02/03/25 Off Market $1,995,000 -- --
09/05/2024 09/05/24 For Sale $1,995,000 -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $19,082 $1,665,000 $1,665,000 --
2023 $19,082 $1,526,250 $1,526,250 $0
2022 $6,258 $541,035 $541,035 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Hilary Farnum-Fasth

    Corcoran Reverie SRB

  • H

    Buyer's Agent in 2025

    Hilary Farnum

    Legendary Realty Inc

  • H

    Buyer's Agent in 2025

    Hilary Fasth

    Beachy Beach 30A Real Estate

  • e

    Buyer's Agent in 2025

    ecn.rets.brokerage.e1345

    ecn.rets.RETS_OFFICE

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 958579

Emerald Coast Association of REALTORS®

APN: 30932-100-020

Florida Bay County Lower Grand Lagoon 32408

5963 Gulf Dr, Lower Grand Lagoon, FL

This home is located at 5963 Gulf Dr, Lower Grand Lagoon, FL 32408 and is currently priced at $1,995,000. 5963 Gulf Dr is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle 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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