5948 Gulf Drive, Panama City Beach

$2,900,000

6 Beds
7 Baths
4,570 Sqft
.12 Acre
0 Garage

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.

Essential Information
MLS® #995836
Price$2,900,000
Sold Price$2,850,000
Date Sold$2026-03-02
Bedrooms6
Bathrooms7.00
Full Baths6
Half Baths1
Square Footage4,570
Acres0.12
Year Built2025
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusSold
Community Information
Address5948 Gulf Drive
Area27 - Bay County
SubdivisionHadley's Beach
CityPanama City Beach
CountyBay
StateFL
Zip Code32408
Amenities
ViewGulf
Has PoolYes
PoolIn Ground
Utilities

Electric, Public Sewer, Public Water, Underground

Interior
CoolingCentral Air
# of Stories3
Appliances

Dishwasher, Dryer, Range Hood, Washer, Tankless Water Heater

Exterior
Exterior FeaturesBalcony, Private Yard
RoofMetal
ConstructionSiding CmntFbrHrdBrd
Lot Description

Cleared, Covenants, Restrictions, Within 1/2 Mile to Water

School Information
ElementaryPatronis
MiddleSurfside
HighArnold
Additional Information
Days on Website238
ZoningResid Single Family
HOA Fees500
HOA Fees Freq.Annually
Listing Details
OfficeCorcoran Reverie SRB
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 5948 Gulf Drive, Panama City Beach, FL

Photo of Listing #1002814

8221 Surf Drive, Panama City Beach

$3,500,000 - 8 Beds, 8 Baths, 5,320 Sf

MLS® # 1002814

Photo of Listing #990123

9716 Beach Boulevard, Panama City Beach

$3,295,000 - 6 Beds, 7 Baths, 3,400 Sf

MLS® # 990123

Photo of Listing #985272

3714 Preserve Bay Boulevard, Panama City Beach

$2,375,000 - 5 Beds, 4 Baths, 5,629 Sf

MLS® # 985272

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 16th, 2026 at 2:52am CDT.