5944 Gulf Drive
Panama City, FL 32408
MLS# 796359
6 beds | 7 baths | 4747 sqft
Property DescriptionWithin Hadley's Beach, an intimate Gulf-front community of just 26 residences in Panama City Beach, 5944 Gulf Drive is a new construction coastal residence by Thor Construction, thoughtfully designed around scale, craftsmanship, and life near the Gulf. Spanning 4,747 square feet with six bedrooms and six and a half baths, the home balances sophisticated gathering spaces with private retreats, creating a setting equally suited to everyday living, extended stays, and time shared with family and guests.
Acreage: 0.12
Design: Beach House
Lot Size (SqFt): 5227
Apx SqFt(Htd/Cooled): 4747
Construction Status: Construction Complete
SqFt Source: Builders Plans
Half Baths: 1
Accessory Dwelling Unit: No
Lot Dimensions: 54.0 ft x 100.0 ft
New Construction: Yes
Garage Y/N: No
Driveway Spaces: 3
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 6
Full Baths: 6
Total Baths: 7
List Price/SqFt: 694.97
Status: Active
List Date: 2026-10-07
List Price: $3,299,000
Current Price: $3,299,000
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Heading East on Thomas Drive, turn right onto Nova Street and then take the first right onto Gulf Drive which will take you to the community entrance. The community is between the Watercrest Condominium and Regency Towers Condominium.
Area: 03 - Bay County - Beach
Street #: 5944
Street Name: Gulf
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Crescent Beach Unit 1
Parcel ID: 30932-100-210
Legal Description: HADLEY'S BEACH LOT 21 ORB 4797 P 1899
HOA Fee: Yes
HOA Amount: 500
HOA Frequency: Annually
HOA Annual Amount: 500
New Buyer Fee: No
Last Taxes: 6792.38
Last Tax Year: 2025
Brokerage Interest: Equitable Interest - Listing Broker/Salesperson has equitable interest in the property.
Remarks: Within Hadley's Beach, an intimate Gulf-front community of just 26 residences in Panama City Beach, 5944 Gulf Drive is a new construction coastal residence by Thor Construction, thoughtfully designed around scale, craftsmanship, and life near the Gulf. Spanning 4,747 square feet with six bedrooms and six and a half baths, the home balances sophisticated gathering spaces with private retreats, creating a setting equally suited to everyday living, extended stays, and time shared with family and guests.
Range - Gas: 1
Refrigerator: 1
Washer: 1
Water Heater - Tankless: 1
Kitchen Island: 1
Lighting - Recessed: 1
Roof - Metal: 1
Siding - Hardie Board: 1
Balcony: 1
Fenced Back Yard: 1
Living Room: 1
Primary Bedroom: 1
Electricity - Connected: 1
Natural Gas - Connected: 1
Internet - Fiber Optic: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Underground Utilities: 1
Ceiling Fan(s): 1
Central Air: 1
Appliances: Dishwasher; Disposal; Dryer; Freezer; Range - Gas; Refrigerator; Washer; Water Heater - Tankless
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Exterior: Balcony; Fenced Back Yard
Association Fees Include: Accounting
Financing: Cash; Conventional
Pool Features: Heated - Electric
Parking Features: Driveway
Rooms: Bedroom; Bunk Room; Dining Room; Kitchen; Living Room; Primary Bedroom
Utilities: Electricity - Connected; Internet - Fiber Optic; Natural Gas - Connected; Public Sewer - Connected; Public Water - Connected; Underground Utilities
The interiors are defined by craftsmanship rather than excess. Thoughtful proportions, elevated finishes, and natural transitions between spaces create an easy sophistication throughout the home. At its center, the kitchen brings form and function together with custom cabinetry, premium appliances, an expansive island, and a layout designed to keep the kitchen connected to the surrounding living areas.
Throughout the residence, private and shared spaces have been carefully considered. The third-floor primary suite offers a more secluded retreat within the home, while additional bedrooms provide comfortable accommodations for family and guests. A generously scaled bunk room, featuring a custom king bunk and two twin bunks, adds flexibility and architectural character while maintaining the refined aesthetic carried throughout the residence.
Outdoor living extends into the fenced backyard, where Gulf breezes and an outdoor shower reflect the ease of the coastal setting. Hadley's Beach is intentionally limited in scale, with 16 Gulf-front and 10 first-tier residences, creating a more intimate residential environment along Panama City Beach's white-sand shoreline and emerald waters.
What distinguishes 5944 Gulf Drive is the combination of new construction, thoughtful architecture, and a Gulf-oriented setting within a limited collection of residences. For buyers searching for a luxury new construction home in Panama City Beach, a second home near the Gulf of Mexico, or a spacious coastal residence designed for family and guests, 5944 Gulf Drive delivers a compelling balance of design, livability, and location within Hadley's Beach.
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Living Room | Second | 21.1 x 20.3 | 21.10 | 20.30 | |
| Kitchen | Second | 16.7 x 12 | 16.70 | 12.00 | |
| Bedroom | First | 12.6 x 12.8 | 12.60 | 12.80 | |
| Bedroom | First | 12.6 x 12.8 | 12.60 | 12.80 | |
| Bedroom | First | 14.2 x 11.2 | 14.20 | 11.20 | |
| Dining Room | Second | 16.7 x 12.7 | 16.70 | 12.70 | |
| Primary Bedroom | Third | 18 x 17.5 | 18.00 | 17.50 | |
| Primary Bedroom | Third | 12.2 x 8.7 | 12.20 | 8.70 | sitting area |
| Bunk Room | Third | 13.7 x 30 | 13.70 | 30.00 | |
Listing Office: Corcoran Reverie
Last Updated: October - 07 - 2026
Information deemed reliable but not guaranteed.