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
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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,076
Per Month
Principal & Interest
$3,968
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$41
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,450
Powered By
Advertisement
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.
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 school1.50 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 school4.59 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 school4.71 miles
Public Charter Grades KG-12
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school4.87 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 majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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 5952 Gulf Dr
What is the listing price of this property?
The listing price of 5952 Gulf Dr property is $795,000.
What type of property is this?
The property 5952 Gulf Dr is land located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 5952 Gulf Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5952 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 09, 2024 and is currently priced at $795,000.
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. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.
From Rocket Homes Real Estate and based on county public records data.
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.
Soccer
Soccer
Pro Boxing
Hiking/backpacking
Forever 21
Burlington
Nordstrom Rack
Dominos Pizza
Popeyes
Chipotle
Mazda
Dodge
Oldsmobile
Rhythmic Contemporary Hits
Urban Contemporary
Rock