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.
Property Details
Property Features
Property Information:
Architectural Style: Beach House
Year Built: 2024
Stories: 3
Living Area: 4,570 SqFt
Listing Office:
Office Name: Corcoran Reverie SRB
Office Email: hilary.ff@corcorangroup.com
Listing Agent: Hilary & Jacob
Interior Features
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 6
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Private Pool: Yes
View: Gulf
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Cooling: Central Air
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: $2,795,000
Price Per SqFt: $612/SqFt
HOA Fees:
Amount: $500
Frequency: Annually
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Housing Market Comparison
See how this home compares to others in Panama City, FL.
This property is $2.4M more than the Median Sold Price and $411/SqFt more than other homes 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: #947607
Listing Office:
Office Name: Corcoran Reverie SRB
Office Email: hilary.ff@corcorangroup.com
Listing Agent: Hilary & Jacob
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: 12/22/2024, 8:21:08 PM 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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school1.51 miles
Public District Grades KG-5
3
/10
Lucille Moore Elementary School
1900 Michigan Ave
Distance between this listing and this school4.13 miles
Public District Grades PK-5
1
/10
St. Andrew School at Oakland Terrace
2010 W 12th St
Distance between this listing and this school4.57 miles
Public District Grades PK-5
Nearby Schools
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school4.60 miles
Public District Grades KG-8
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school5.85 miles
Public District Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school6.29 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school4.70 miles
Public Charter Grades KG-12
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school4.88 miles
Public District Grades 9-12
1
/10
Central High School
1250 W 17th St
Distance between this listing and this school5.38 miles
The neighbors living near this home have an average income of $42,841. The most common annual income of people living in Panama City, FL is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5948 Gulf Dr
What is the listing price of this property?
The listing price of 5948 Gulf Dr property is $2,795,000.
What type of property is this?
The property 5948 Gulf Dr is a house located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 5948 Gulf Dr is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 5948 Gulf Dr has 6 bedrooms and 6 full and 1 half bathrooms.
What is the square footage of this property?
The property 5948 Gulf Dr is 4,570 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5948 Gulf Dr is 2024.
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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.
In November 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 33 were sold right at the asked price. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. In November 2024 median list price was $339,223 and the average listing age was 79 days.
From Rocket Homes Real Estate and based on county public records data.