$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

155 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.

Last Agent to Sell the Property

Hilary Farnum-Fasth

Corcoran Reverie Listed on: 09/06/2024

Corcoran Reverie

Last Buyer's Agent

Hilary Farnum

DORMAN L BARRON AND ASSOCIATES

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

  • Association fees include legal/accounting

Property Details

Property Type

Land

Est. Annual Taxes

$19,082

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 50' x 240'
  • Road Surface Type: Paved
  • Subdivision Name: [No Recorded Subdiv]
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Legal/Accounting

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Cleared
  • Lot Size Sq Ft: 12197.0
  • Zoning Description: Resid Single Family

Tax Info

  • Tax Annual Amount: 19082.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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: Central Panhandle 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: Central Panhandle Association of REALTORS®

MLS Number: 762365

Central Panhandle 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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes