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5932 Gulf Dr, Panama City Beach, FL, 32408

$795,000

0.12 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
ViewGulf
MLS #762358
Lot Size0.12 Acres
StatusActive

About 5932 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 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. 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.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 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

Exterior Features

Exterior Information:

  • View: Gulf

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

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: $795,000

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

5932 Gulf Dr vs Panama City

56 DAYS ON ROCKET

-21 Days

$795,000

+$455.5K More

KEY TAKEAWAY

This property is $455.5K 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: BCAR
  • MLS Number: #762358

Listing Office:

  • Office Name: Corcoran Reverie

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© 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: 11/2/2024, 2:20:51 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

$4,076

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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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.

Elementary School

school-card-donut-1444103
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.49 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1444104
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 6.78 miles

  • Public District Grades 6-8

High School

school-card-donut-1444105
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 4.90 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5932 Gulf Dr

What is the listing price of this property?

The listing price of 5932 Gulf Dr property is $795,000.

What type of property is this?

The property 5932 Gulf Dr is land located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5932 Gulf Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5932 Gulf Dr are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 5932 Gulf Dr is 0.12 acres.
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Rocket HomesFloridaBay CountyPanama City324085932 Gulf Dr

This home is located at 5932 Gulf Dr in Panama City Beach, FL and zip code 32408. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $795,000.

Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. The number of listings in Panama City, FL decreased by 1.7% between September 2024 and October 2024. 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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