See Home Value
$2,850,000
● House - Off Market

5948 Gulf Drive

Panama City Beach, FL 32408
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
$15,254
Est. Monthly
$500
HOA / Fees

About This Property

Under contract with 72 hour kick out clause in place.

Positioned just steps from sugar-white sands and turquoise waters, 5948 Gulf Drive presents an elevated coastal residence within the refined setting of Hadley's Beach. With six bedrooms, six and a half bathrooms, and captivating Gulf views, this home offers a seamless blend of architectural detail, thoughtful design, and effortless seaside living. Interiors are curated with designer finishes and anchored by a chef's kitchen appointed with premium appliances, creating a sophisticated yet inviting environment for gathering and entertaining. Open living spaces are filled with natural light, framing coastal vistas and reinforcing the home's connection to its surroundings.

Private retreats are thoughtfully arranged, including a spacious bunk room that enhances flexibility and functionality. Each bedroom suite is designed for comfort and privacy, supporting both everyday living and extended stays.

Outdoors, a fenced backyard surrounds a private pool, offering a tranquil setting for relaxation after days spent at the beach just moments away. Whether enjoying sunrise walks along the shore or evenings under the stars, the lifestyle here is defined by proximity, beauty, and ease.

With short-term rentals permitted and a premier Gulf-side location, 5948 Gulf Drive pairs lifestyle appeal with long-term opportunity. Refined, composed, and richly connected to its setting, this residence embodies the enduring elegance of coastal living at its finest.
Unit Size
-
Days on Market
10 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$514
HOA Dues
$500
Year Built
-

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Last updated: 9 months ago (ECAR #995836)

Price History

Date / Event Date Event Price
Mar 2, 2026 Sold
Sold
Feb 20, 2026 Listed by Corcoran Reverie SRB $2,900,000
Listed by Corcoran Reverie SRB
Nov 22, 2025 In contract -
In contract
Nov 20, 2025 Relisted $2,850,000
Relisted
Sep 28, 2025 In contract -
In contract
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Property Highlights

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Comparables

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

About Lower Grand Lagoon


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Frequently Asked Questions

When was property at 5948 Gulf Drive built and last sold?
The property at 5948 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 5948 Gulf Drive is $0.
What are some comparable homes to 5948 Gulf Drive?
There are currently no comparable homes to 5948 Gulf Drive.