This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/71
$3,150,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/71
Property Description
Set within the exclusive coastal enclave of Hadley's Beach, a thoughtfully planned community of just 20 residences, 5936 Gulf Drive offers a refined approach to modern beach living along the shores of Panama City Beach. With direct beach access just steps away, days unfold easily between the home and the turquoise waters and white sand shoreline that define this stretch of the Gulf. Completed in 2025, the residence spans 4,747 square feet and is offered fully furnished, blending contemporary design with effortless livability. Gulf views are woven throughout the home, creating a constant connection to the water and surrounding coastal landscape. The home features six bedrooms and six-and-a-half bathrooms, including a dedicated bunk room designed with both flexibility and comfort in mind. The second floor serves as the primary gathering space, where a spacious living area, expansive kitchen, and dining area come together in an open, light-filled setting. Premium kitchen appliances, generous counter space, and thoughtful design details support both everyday living and elevated entertaining. On the third floor, the primary suite offers a private retreat with a balcony overlooking the Gulf, accompanied by a sitting area, wet bar, and private laundry, creating a self-contained space designed for both relaxation and convenience. Outdoor living is centered around a private pool, offering a peaceful alternative to the beach just beyond. A first-floor laundry room adds ease after time spent at the pool or shoreline, supporting the natural rhythm of coastal living. Located within a community that allows short-term rentals, the property offers flexibility alongside its design-forward appeal. With its combination of Gulf views, curated interiors, and immediate access to the beach, 5936 Gulf Drive presents a residence where thoughtful architecture and the coastal lifestyle come together in seamless balance.
Full Property Details
Full Property Details for 5936 Gulf Dr
General
- Price: $3,150,000
- Taxes: $6,792 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 787785
- Updated: 4/2/2026
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 9
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Gas Oven, Gas Range, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 6
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Private
Exterior
- Porch/Patio/Deck: Balcony
Location
- County: Bay
- Subdivision: Crescent Beach Unit 1
- Driving Directions: Heading East on Thomas Drive, turn right onto Nova Street and then take the first right onto Gulf Drive, which will bring you to the community entrance. The community is between the Watercrest Condominium and Regency Towers Condominium.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
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
Structural Information
- Architectural Style: Coastal
- Construction: HardiPlank Type
- Roof: Metal
- Sq. Ft. Source: Plans
- Year Built: 2025
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: .12
- Lot Dimensions: 54' x 100'
- Lot Features: Paved
- Fencing (Description): Fenced
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $6,792
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Lot 23, Hadley's Beach, a subdivision of a portion of Fractional Sections 8 and 11, Township 4 South, Range 15 West, according to the map or plat thereof as recorded in Plat Book 29, Page 63, Public Records of Bay County, Florida.
- Property ID: 30932-100-230
Listed by Corcoran Reverie
Get Pre-Approved Today
Schools
Schools serving 5936 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5936 Gulf Dr
Date
Details
Price
Change
Source
4/02/2026
Listed
$3,150,000
384.62%
MLS
4/26/2024
Sold
$650,000
—
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 5936 Gulf Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,792
32%
$552,500
32%
2024
$5,161
8%
$420,000
10%
2023
$4,776
70%
$382,000
57%
2022
$2,811
—
$243,045
—
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 5936 Gulf Dr
5936 Gulf Drive, Panama City, FL 32408 (MLS# 787785) is a Single Family property with 6 bedrooms, 6 full bathrooms and 1 partial bathroom. 5936 Gulf Drive is currently listed for $3,150,000 and was received on April 02, 2026. Want to learn more about 5936 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.

