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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5939 Gulf Dr , Panama City Beach, FL 32408
$6,400,000
Est. Payment: $35,359.08/mo
8 Bed
11 Bath
5891 Sqft
0.26 Acres
Status: Active | Days on site: 14
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ESNF26 - E34928,E31562
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Harrison Lilly Team
Owner/Operator

House Description

Experience the pinnacle of Gulf-front luxury at 5939 Gulf Drive, a newly constructed coastal estate located within the exclusive beachfront enclave of Hadley's Beach in Panama City Beach. Perfectly positioned directly on the sugar-white sands with 50 feet of Gulf frontage, this extraordinary four-story residence offers nearly 6,000 square feet of thoughtfully designed living space with 8 bedrooms, 10 full baths, 1 half bath, a bunk room, recreation room, private elevator, and a stunning private Gulf-front pool. Designed to balance sophistication, comfort, and investment potential, this fully furnished home is already operating as a short-term rental opportunity. Expansive gathering spaces, multiple Gulf-front balconies, and panoramic emerald-water views create an unforgettable coastal experience for owners and guests alike. The open-concept main living area showcases elevated finishes, generous entertaining spaces, and seamless indoor-outdoor flow overlooking the beach. Whether you are seeking a luxury second home, an elite investment property, or a legacy beachfront estate, 5939 Gulf Drive delivers an exceptional opportunity to own one of Panama City Beach's newest premier Gulf-front residences.

Highlights

Listed by Garrison D Dykes , 229-206-1088 and Jennifer L Payne , 229-206-1088 Found Real Estate , 904-584-5161. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.26

HOA Fee

Year Built

2025

County

Bay

Area

27 - Bay County

Neighborhood

Hadley's Beach

Listing ID

1004512

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:11
  • ▪ Full Bathrooms:10
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Tnkls
Air Cond:Central Air
Fireplaces:
Floor:Floor Hardwood
Other:
  • ▪ Additional:Ceiling Beamed, Ceiling Raised, Elevator, Fireplace, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar

Exterior Features

Lot:Gulf
Lot Dimensions:50x229
Zoning:Resid Single Family
Sewer:Public Sewer
Principal Interest
$35,359
Taxes
$1,690
HOA
$0

Home Price

$6,400,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$1,280,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$35,359.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $35,359.08 $1,690.41 $0.00 $37,049.49
Yearly $424,308.94 $20,284.94 $0.00 $444,593.88
Total $12,729,268.13 $608,548.20 $0.00 $13,337,816.33

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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