5948 Gulf Drive

Panama City Beach, FL 32408

$2,795,000
Price
6
Beds
6
Baths
1
1/2 Bath
4,470 Sq. Ft.
$625 / Sq. Ft.
4,470
Sq. Ft.
$625
per Sq. Ft.

Description

Compelling new construction opportunity in the brand new Gulf front community of Hadley's Beach. 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. Architectural harmony is established and promoted through the carefully curated covenants and restrictions...Compelling new construction opportunity in the brand new Gulf front community of Hadley's Beach. 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. 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 Hadley's 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.
  1. Listed by Hilary N Farnum-Fasth • Corcoran Reverie

Property Details for 5948 Gulf Drive

Architectural Style
Coastal
Waterfront
No
Subdivision Name
Hadley's Beach

Location

Listing Courtesy of Corcoran Reverie
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LISTING UPDATED: 04/17/2024 02:56 PM

Property Details for 5948 Gulf Drive

StatusActive
MLS #753787
Days on Market72
Taxes$4,728 / year
HOA Fees$500 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached / Detached
Year Built2024
Lot Size0.12 AC / 5,227 SF
CountyBay County

Location

Listing Courtesy of Corcoran Reverie
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Building Information for 5948 Gulf Drive

Stories3Year Built2024Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$15,689 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,253

Property Taxes

$394

HOA Dues

$42

The Payment Calculator is for illustrative purposes only.

Property Information for 5948 Gulf Drive

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Take Thomas Drive and head East. Hadley's Beach is tucked on the Gulf-side and nestled between the complexes of Watercrest & Regency Towers.
  • Postal Code: 32408
  • Latitude: 30.148392
  • Longitude: -85.763342
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 30932-100-200
  • Association Fee: $500.00
  • Association Fee Frequency: Annually
  • Association Fee Includes: Legal Accounting, Maintenance Grounds
  • Association Name: Hadleys Beach HOA
  • Association: Yes
  • Tax Annual Amount: $4,728.24
  • Tax Legal Description: HADLEY'S BEACH LOT 20 ORB 4627 P 2364
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
  • Other Parking: Driveway Spaces:3.00
Property
Lot Information
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 54x100
  • Lot Size Square Feet: 5358.0
  • Living Area: 4470.0
  • Living Area Source: Plans
Property and Assessments
  • Year Built: 2024
  • Property Attached: No
  • Property Condition: To Be Built
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Underground Utilities
Interior and Exterior Features
Exterior Features
  • Community Features: Short Term Rental Allowed
Interior Features
  • Stories Total: 3
  • Bathrooms Full: 6
  • Bathrooms Half: 1
  • Bathrooms Total: 7
  • Bedrooms Total: 6
  • Furnished: Unfurnished
Room Information
Room 1
  • Room Area: 271.44
  • Room Description: living 2nd floor
  • Room Dimensions: 17.4 x 15.6
  • Room Length: 17.4
  • Room Level: Second
  • Room Type: Living Room
  • Room Width: 15.6
Room 2
  • Room Area: 144.0
  • Room Description: kitchen
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Kitchen
  • Room Width: 12.0
Room 3
  • Room Area: 208.8
  • Room Description: second floor
  • Room Dimensions: 17.4 x 12
  • Room Length: 17.4
  • Room Level: Second
  • Room Type: Recreation
  • Room Width: 12.0
Room 4
  • Room Area: 160.8
  • Room Description: bedroom second floor
  • Room Dimensions: 13.4 x 12
  • Room Length: 13.4
  • Room Level: Second
  • Room Type: Bedroom
  • Room Width: 12.0
Room 5
  • Room Area: 167.7
  • Room Description: rec room first floor
  • Room Dimensions: 12.9 x 13
  • Room Length: 12.9
  • Room Level: First
  • Room Type: Recreation
  • Room Width: 13.0
Room 6
  • Room Area: 156.94
  • Room Description: first floor
  • Room Dimensions: 13.3 x 11.8
  • Room Length: 13.3
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 11.8
Room 7
  • Room Area: 174.08
  • Room Description: first floor
  • Room Dimensions: 13.6 x 12.8
  • Room Length: 13.6
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.8
Room 8
  • Room Area: 155.04
  • Room Description: first floor
  • Room Dimensions: 13.6 x 11.4
  • Room Length: 13.6
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 11.4
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 5948 Gulf Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5948 Gulf Drive

Taxable ValueLand$382,000Additions-Total$382,000
Tax Record2023$4,776 ($398 / month)
Home Facts
Beds0Lot Size5,358 SqFtStyleMiscellaneous Vacant LandZoningBC23CountyBAYAPN30932-100-200

Schools near 5948 Gulf Drive

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicPK to 5

J.R. Arnold High School
PublicPK to 12

Surfside Middle School
Public6 to 8

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5948 Gulf Drive is a single family home for sale in Panama City Beach, FL 32408. This property was listed for sale on March 6, 2024 by Corcoran Reverie, it's currently listed at $2,795,000. This listing's school district is Bay. Nearby schools include Patronis Elementary School, J.R. Arnold High School and Surfside Middle School. 5948 Gulf Drive is a 6-bed, 6.5-bath, 4,470 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Reverie

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.