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Harrison Lilly

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

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5931 Gulf Dr , Panama City, FL 32408
$5,295,000
Est. Payment: $26,852.45/mo
7 Bed
9 Bath
5031 Sqft
Status: active | Days on site: 35
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Harrison Lilly
Owner/Operator

House Description

There is something timeless about waking to the sight of the Gulf stretching endlessly beyond your window. At 5931 Gulf Drive, that experience becomes part of everyday life. Positioned directly on the shoreline within Hadley's Beach, an intimate community where only ten residences enjoy true Gulf-front placement, this fully furnished home invites you to live at the water's edge, where the rhythm of the waves sets the pace of the day. Spanning 5,031 square feet, the residence was designed around the view. From the moment you enter, the Gulf commands attention--an ever-changing backdrop of turquoise water, white sand, and expansive coastal sky. Sunlight moves effortlessly through the home's generous living spaces, creating an atmosphere that feels both elevated and welcoming. The heart of the home is where people naturally gather. A beautifully appointed kitchen with premium appliances opens seamlessly into the living and dining areas, creating a setting equally suited for celebratory dinners, holiday gatherings, or quiet mornings with coffee overlooking the shoreline. Every space feels connected, designed to bring family and friends together while never losing sight of the water beyond. With seven bedrooms and eight-and-a-half bathrooms, the home offers room to spread out and settle in. Yet it is the third-floor primary suite that truly captures the imagination. Elevated above the coastline, it feels almost suspended between sea and sky. Here, sweeping Gulf views greet the morning, while evenings are framed by breathtaking sunsets reflected across the water. Outside, life naturally gravitates toward the Gulf. A private pool offers a refreshing retreat between beach walks, while the shoreline itself is just steps away. Days begin with sunrise strolls along the sugar-white sand and end with conversations carried by the sound of the surf. Thoughtful additions such as two laundry rooms and an elevator servicing all levels bring comfort and convenience to everyday living. Offered fully furnished and with short-term rentals permitted, the home is prepared to be enjoyed from the moment you arrive. Whether envisioned as a gathering place for generations, a coastal retreat, or an investment in one of Panama City Beach's most desirable beachfront communities, the experience remains the same: effortless, refined, and deeply connected to the beauty of the Gulf. At 5931 Gulf Drive, the shoreline is not simply a view--it becomes part of the way you live.

Highlights

Listed by Hilary N Farnum-Fasth , 850-685-0171 Corcoran Reverie , 850-231-5030. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.26

HOA Fee

500 Annually

Year Built

2026

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Hadley's Beach

Listing ID

791891

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:9
  • Full Bathrooms:8
  • 1/2 Bathrooms:1
Appliances:Gas Oven, Gas Range
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:50.0 ft x 227.0 ft
Zoning:Resid Single Family
Roof:Metal
Sewer:Public Sewer
Principal Interest
$26,852
Taxes
$3,376
HOA
$500

Home Price

$5,295,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$1,059,000
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:
$26,852.45

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $26,852.45 $3,375.56 $500.00 $30,728.01
Yearly $322,229.42 $40,506.75 $6,000.00 $368,736.17
Total $9,666,882.61 $1,215,202.50 $180,000.00 $11,062,085.11

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, 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 Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS