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$5,795,000
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Property Description
Set directly along the sugar-white shoreline of Panama City Beach, The Headliner at Hadley's Beach is a newly constructed Gulf-front residence combining architectural scale, elevated interiors, private beach access, and short-term rental flexibility within one of the area's most intimate coastal enclaves. Hadley's Beach includes just 26 homes, with only 16 true Gulf-front residences, making this an increasingly limited opportunity for direct waterfront ownership in Panama City Beach. Across approximately 5,700 square feet and three levels, sweeping Gulf views, five panoramic door systems, a heated private pool, and more than 1,300 square feet of outdoor living create a home designed around the water from nearly every vantage point. Built by Thor Construction & Design, the residence pairs refined coastal architecture with a material palette that feels substantial, current, and quietly sophisticated. Venetian plaster, custom cabinetry, oak beams, Visual Comfort lighting, and expansive walls of glass bring texture and warmth to the interiors while allowing the Gulf to remain the defining visual element. Five panoramic door systems positioned across all three levels open the home toward the shoreline, creating a fluid connection between interior gathering spaces, covered porches, and the beach beyond. The second level serves as the natural heart of the home, where generous living and dining spaces unfold around a chef's kitchen designed for both everyday life and large-scale entertaining. Custom cabinetry is complemented by Sub-Zero and Wolf appliances, while the open layout preserves long sightlines to the Gulf. Floor-to-ceiling windows and broad openings fill the space with natural light and create an effortless progression from the kitchen and living areas to expansive outdoor terraces overlooking the water. Eight spacious bedrooms and eight bathrooms are thoughtfully arranged across the residence to accommodate family, guests, and multigenerational gatherings while maintaining privacy throughout. The upper-level primary suite is positioned as a private Gulf-front retreat, complete with its own lounge and panoramic water views, creating a quieter sanctuary removed from the home's central gathering spaces. Outdoor living is integral to the experience of The Headliner. More than 1,300 square feet of porch space spans the residence, offering multiple settings for open-air dining, morning coffee, relaxed conversation, and sunset views. The heated private pool extends the home's resort-style atmosphere, while direct private access leads from the residence to the white sand and turquoise waters of the Gulf of Mexico. An elevator and garage add convenience across all three levels. Hadley's Beach offers a distinctive position within Panama City Beach, pairing the privacy of a limited residential enclave with convenient access to the area's dining, entertainment, live music, and coastal recreation. Days can begin on the Gulf, move easily into the energy of Panama City Beach, and end back at the residence with sunset views from the porch or evenings beside the pool. Offered fully furnished and with short-term rentals permitted, The Headliner offers flexibility as a primary residence, second home, vacation property, or Gulf-front investment opportunity. For buyers searching for a luxury Gulf-front home in Panama City Beach, a newer construction beachfront residence with a private heated pool, or a short-term rental property directly on the Gulf of Mexico, 5935 Gulf Drive brings together architecture, scale, location, and direct waterfront access in a setting designed to be experienced from sunrise through sunset.
Full Property Details
Full Property Details for 5935 Gulf Dr
General
- Price: $5,795,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Taxes: $20,285 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 789986
- Updated: 9/29/2026
- Added to Site: 151 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Balcony, Double Vanity, Interior Steps, Sitting Area in Primary, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Gas Oven, Gas Range, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 7
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 8
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Private
Exterior
- Exterior Features: Deck
- Porch/Patio/Deck: Balcony, Deck, Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: Hadley's Beach
- Driving Directions: From Thomas Drive, take a right on Crescent and left on Gulf Drive. home sits on right.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
- Assoc. Fees Include: Association Management, Legal/Accounting
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, Underground Utilities
Structural Information
- Architectural Style: Coastal
- Construction: HardiPlank Type
- Roof: Metal
- Windows: Storm Window(s)
- Doors: Storm Door(s)
- Sq. Ft. Source: Plans
- Year Built: 2025
Lot Features
- Property View: Gulf, Water
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,326
- Lot Size: .26
- Lot Dimensions: 48' x 225'
- Lot Features: Paved
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf
- Water Front View: Gulf
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Tax Amount: $20,285
- Tax Year: 2025
Disclosures and Reports
- Legal Description: HADLEY'S BEACH LOT 9 ORB 4629 P 469
- Property ID: 30932-100-090
Listed by Corcoran Reverie
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Schools
Schools serving 5935 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 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5935 Gulf Dr
Date
Details
Price
Change
Source
9/29/2026
Price Reduced
$5,795,000
-1.78%
MLS
8/15/2026
Price Reduced
$5,900,000
-1.67%
MLS
5/16/2026
Listed
$6,000,000
328.57%
MLS
11/01/2022
Sold
$1,400,000
—
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 5935 Gulf Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,277
7%
$1,650,000
9%
2023
$18,910
218%
$1,512,500
194%
2022
$5,940
—
$513,585
—
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 5935 Gulf Dr
5935 Gulf Drive, Panama City, FL 32408 (MLS# 789986) is a Single Family property with 8 bedrooms, 7 full bathrooms and 1 partial bathroom. 5935 Gulf Drive is currently listed for $5,795,000 and was received on May 16, 2026. Want to learn more about 5935 Gulf Drive? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

