$2,795,000

5948 Gulf Dr Panama City Beach, FL 32408

6 beds
6 full, 1 partial
4,570 sqft
0.1 acres
$612 / sqft
House

Property details

About 5948 Gulf Dr

Compelling new construction opportunity in the brand new Gulf front community of Hadleys Beach. This home is scheduled for completion by the end of December, with designer furnishings to be added by the second week of January. Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadleys Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. 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 Hadleys 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 to investors and full-time residents alike. Inquire today to learn more and start envisioning the coastal lifestyle you deserve.

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCentral Air
Size4,570 sqft
Lot size0.12 Acres
Year built2024
MLS #947607
ViewGulf
Private poolYes

Summary

  • MLS Number: 947607
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Corcoran Reverie SRB
  • Office Email: hilary.ff@corcorangroup.com
  • Listing Agent: Hilary & Jacob

IDX 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, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

rear view of property with a balcony and a water view

$2,795,000

5948 Gulf Dr

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 04, 2022
Home Sold
$1,850,000

Tax history

YearAssessmentProperty Tax
2023$382,000$4,776

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

1.5 mi

7400 Patronis Dr

5

Lucille Moore Elementary School

Public District PK-5

4.1 mi

1900 Michigan Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

4.6 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,841. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

40%
<35k
52%
35k-100k
5%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
7%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • ChipotleChipotle

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 5948 Gulf Dr

This home is located at 5948 Gulf Dr in Panama City Beach, FL and zip code 32408. This 4,570 square foot home, which was built in 2024, sits on a 0.12 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $2,795,000.

Panama City Beach, FL housing market in February 2025 saw over 5 listings sold above listed price, more than 36 sold at listed price and over 98 sold below. The number of homes for sale in Panama City Beach, FL increased by 6.1% between January and February 2025. In February 2025 median list price was $337,016 and the average listing age was 87 days.

From Rocket Homes Real Estate and based on county public records data.

More resources