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$3,299,000
● House - For Sale

5944 Gulf Drive

Panama City, FL 32408
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
4,747 Ft²
$16,807
Est. Monthly
$42
HOA / Fees

About This Property

Within Hadley's Beach, an intimate Gulf-front community of just 26 residences in Panama City Beach, 5944 Gulf Drive is a new construction coastal residence by Thor Construction, thoughtfully designed around scale, craftsmanship, and life near the Gulf. Spanning 4,747 square feet with six bedrooms and six and a half baths, the home balances sophisticated gathering spaces with private retreats, creating a setting equally suited to everyday living, extended stays, and time shared with family and guests. The interiors are defined by craftsmanship rather than excess. Thoughtful proportions, elevated finishes, and natural transitions between spaces create an easy sophistication throughout the home. At its center, the kitchen brings form and function together with custom cabinetry, premium appliances, an expansive island, and a layout designed to keep the kitchen connected to the surrounding living areas.

Throughout the residence, private and shared spaces have been carefully considered. The third-floor primary suite offers a more secluded retreat within the home, while additional bedrooms provide comfortable accommodations for family and guests. A generously scaled bunk room, featuring a custom king bunk and two twin bunks, adds flexibility and architectural character while maintaining the refined aesthetic carried throughout the residence.

Outdoor living extends into the fenced backyard, where Gulf breezes and an outdoor shower reflect the ease of the coastal setting. Hadley's Beach is intentionally limited in scale, with 16 Gulf-front and 10 first-tier residences, creating a more intimate residential environment along Panama City Beach's white-sand shoreline and emerald waters.

What distinguishes 5944 Gulf Drive is the combination of new construction, thoughtful architecture, and a Gulf-oriented setting within a limited collection of residences. For buyers searching for a luxury new construction home in Panama City Beach, a second home near the Gulf of Mexico, or a spacious coastal residence designed for family and guests, 5944 Gulf Drive delivers a compelling balance of design, livability, and location within Hadley's Beach.
Unit Size
4,747 Ft²
Days on Market
36 days
Land Size
0.12 acres
Price per sqft
$695
Property Type
House
Property Taxes
$566
HOA Dues
$42
Year Built
-

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Last updated: 2 months ago ( #796359)

Price History

Date / Event Date Event Price
Oct 7, 2026 Listed by Corcoran Reverie $3,299,000
Listed by Corcoran Reverie
Aug 23, 2025 Listed $3,299,000
Listed
Perfectly positioned along the pristine shoreline of Panama City Beach, 5944 Gulf Drive presents a rare opportunity to own within an intimate Gulf-front enclave of just twenty-six residences. Designed and constructed by Thor Construction, this 4,747-square-foot retreat embodies refined coastal living with six bedrooms, six and a half bathrooms, and a thoughtful balance of private sanctuaries and gathering spaces. From the moment you enter, a sense of craftsmanship and scale is immediately evident. The kitchen serves as the heart of the home, appointed with custom cabinetry, premium appliances, a grand island for both culinary preparation and casual dining, and finishes that speak to timeless luxury. Expansive living areas are designed for both relaxation and entertaining, opening effortlessly to views that frame the turquoise waters beyond. The third-floor primary suite crowns the residence, offering a serene retreat with sweeping outlooks, while the generous bunk roomfeaturing a custom-built king bunk and two twin bunks elevates hosting capacity without compromising comfort or design, creating a rhythm of privacy and ease for family and guests alike. Outdoors, a fenced backyard invites the enjoyment of Gulf breezes in a more intimate setting, complete with a refreshing outdoor shower ideal for rinsing off after a day on the sand. Just steps away, the private development's sixteen Gulf-front and ten first-tier homesites capture the essence of coastal prestige. More than a residence, this home represents an architectural expression of seaside elegancecrafted for those who value design, livability, and an incomparable sense of place.

Property Highlights

Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 6
Appliances: Gas Range, Tankless Water Heater
Rooms: 9
Exterior Details
Square Footage: 4747
Square Footage Source: $0
Architectural Style: Coastal
Year Built: 2025
Building Area Total: 4747
Construction Materials: HardiPlank Type
Patio and Porch Features: Balcony
Pool Features: Electric Heat, Private
Pool is Private
Lot Features: Paved
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227
Lot Size Dimensions: 54.0 ft x 100.0 ft
Financial Details
Tax Annual Amount: $6,792
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: LegalAccounting
HOA Fee: $500
HOA Fee Frequency: Annually

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 5944 Gulf Drive built and last sold?
The property at 5944 Gulf Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5944 Gulf Drive is $3,331,990.
What are some comparable homes to 5944 Gulf Drive?
There are currently no comparable homes to 5944 Gulf Drive.