6 months on rocket

5931 Gulf Dr, Panama City Beach, FL, 32408

$1,995,000

0.26 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontGulf
ViewGulf
MLS #948434
Lot Size0.26 Acres
StatusActive

About 5931 Gulf Dr

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. Expertly designed and planned, each homesite boasts a minimum width of 50 and strategic placement fully leveraging the views of the coastline and famed Emerald Coast sunsets which provide a new palate of mesmerizing hues to admire each and every night. 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 for investors and full-time residents alike. Inquire today to learn more and start envisioning the coastal lifestyle you deserve.

Property Details

Property Features

Listing Office:

  • Office Name: Corcoran Reverie SRB
  • Office Phone: (850) 231-5030
  • Listing Agent: Hilary & Jacob, Sydney Volkert

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf

Lot Features

Lot Information:

  • Lot: Cleared, Covenant/Restriction, Within 1/2 Mile to Water
  • Lot Size: 0.26 Acres

Other

Directions Information:

  • Directions: Heading East on Thomas Drive, turn right onto Nova Street and then take the first right onto Gulf Drive which will take you to the community entrance. The community is between the Watercrest Condominium and Regency Towers Condominium. GPS Directions: Enter Nova Street Panama City, FL 32408 into GPS and you will be routed to the community entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000

HOA Fees:

  • Amount: $500
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5931 Gulf Dr vs Panama City

209 DAYS ON ROCKET

+132 Days

$1,995,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #948434

Listing Office:

  • Office Name: Corcoran Reverie SRB
  • Office Phone: (850) 231-5030
  • Listing Agent: Hilary & Jacob, Sydney Volkert

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 2024. 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: 11/22/2024, 6:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-537690
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.57 miles

  • Public District Grades KG-5

school-card-donut-537691
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.16 miles

  • Public District Grades PK-5

school-card-donut-537692
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.59 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. The majority of Panama City, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5931 Gulf Dr

What is the listing price of this property?

The listing price of 5931 Gulf Dr property is $1,995,000.

What type of property is this?

The property 5931 Gulf Dr is land located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5931 Gulf Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5931 Gulf Dr is 0.26 acres.
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Rocket HomesFloridaBay CountyPanama City324085931 Gulf Dr

This home is located at 5931 Gulf Dr in Panama City Beach, FL and zip code 32408. This home sits on a 0.26 acre lot. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $1,995,000.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.

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

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