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$1,685,000
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Property Description
Welcome to a prominent beachfront lot in the exclusive community of Hadley's Beach! Boasting 50ft of Gulf-Frontage, this future homesite enjoys panoramic Gulf views and private beach access. Residing in a low-density community of only 16 beachfront homesites and 10 first tier homesites, Lot 6 is sure to offer one of the most spectacular settings on the Emerald Coast. The community comes equipped with underground utilities, community lighting and sidewalks throughout. As one of the top two beaches in all of America, St Andrews State Park is nearby with over 1,200 acres of natural sand dunes, forests, swimming areas, fishing jetties, hiking trails and nearly two miles of beach. The Hadley's Beach community is in a prime position to enjoy all of the incredible shopping, dining and entertainment options in this emerging area. The amazing location, perfectly-designed site plan, and impressive rental potential create a compelling opportunity for investors and full-time residents alike. Reach out today to schedule a site tour!
Full Property Details
Full Property Details for 5947 Gulf Dr
General
- Price: $1,685,000
- Status: Active
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 974353
- Updated: 11/21/2025
- Added to Site: 274 day(s) ago
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Hadley's Beach
- Driving Directions: The lot is beachfront on Gulf Drive.
School Information
- Elementary School: Breakfast Point
- Middle School: Jinks
- High School: Mosley
Utilities
- Utility Description: Electric, Sewer Available, Underground
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.27
- Lot Dimensions: 50 x 231
- Lot Features: Cleared, Covenants, Restrictions, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Water Features
- Water Front Type: Gulf
Financial Considerations
- Price Per Acre: $6,240,740
- Assessment Amount: $500
- Assmt Payment Freq: Annually
- Land Assmt: $500
Disclosures and Reports
- Legal Description: HADLEY'S BEACH LOT 6 ORB 4761 P 489
- Assessment: Yes
- APN: 30932-100-060
Listed by 30A Homes Sales
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Schools
Schools serving 5947 Gulf Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.6 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5947 Gulf Dr
Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$1,685,000
-0.3%
MLS
10/18/2025
Price Reduced
$1,690,000
-0.18%
MLS
9/09/2025
Price Reduced
$1,693,000
-0.06%
MLS
4/19/2025
Listed
$1,694,000
-8.43%
MLS
12/27/2023
Sold
$1,850,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5947 Gulf Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,277
7%
$1,650,000
9%
2023
$18,910
215%
$1,512,500
191%
2022
$6,008
—
$519,435
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5947 Gulf Dr
5947 Gulf Drive, Panama City Beach, FL 32408 (MLS# 974353) is a Vacant Land property with a lot size of 0.27 acres. 5947 Gulf Drive is currently listed for $1,685,000 and was received on April 19, 2025. Want to learn more about 5947 Gulf Drive? Do you have questions about finding other Vacant Land real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

