For Sale
New
New ConstructionNew Construction
Single family home for sale at 5944 Gulf Dr, Panama City, FL 32408 | MLS# 796359 | Listing updated on 2026-10-07
Photo 1 of Single family home for sale at 5944 Gulf Dr, Panama City, FL 32408 | MLS# 796359 | Listing updated on 2026-10-07
Photo 2 of Single family home for sale at 5944 Gulf Dr, Panama City, FL 32408 | MLS# 796359 | Listing updated on 2026-10-07
Photo 3 of Single family home for sale at 5944 Gulf Dr, Panama City, FL 32408 | MLS# 796359 | Listing updated on 2026-10-07
Photo 4 of Single family home for sale at 5944 Gulf Dr, Panama City, FL 32408 | MLS# 796359 | Listing updated on 2026-10-07
46+
Beds Icon

Street View

$3,299,000

Monthly Est:$16,420

  • Beds Icon6 Beds
  • Beds Icon
    7 Baths
  • Beds Icon4,747sqft

5944 Gulf Dr, Panama City, FL 32408

$16,420/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 2025

  • $41.67/mo HOA

  • 0.12 acre lot

  • $695/sq.ft

Description

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. 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.

  • Houzeo last checked: 7 minutes ago
  • Listing updated: October 7, 2026 at 4:28 pm
  • Listing Provided by: Hilary N Farnum-Fasth (850) 685-0171 | Corcoran Reverie (850) 231-5030
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 796359 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    2025

  • HOA Fees

    $41.67/mo

  • Finished Area

    4,747 sqft

  • Lot Size

    0.12 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    796359

  • MLS Status

    Active

  • Days on Market

    1

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

HOA Management

N/A

HOA Fees

$500/ Annually

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

LegalAccounting LegalAccounting

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 7

Interior

  • Cooling

    Central Air, Ceiling Fans

  • Heating

    Central, Electric

  • Sewer

    Public Sewer

  • Appliances

    Gas Range, Tankless Water Heater

Construction

  • Year Built

    Year Built: 2025

  • Home type

    Single Family Residence

  • Roof

    Metal

  • Architectural Style

    Coastal

  • Construction Materials

    Hardiplank Type

Utilities & Energy

  • Utilities

    Electricity Available, Underground Utilities

  • Pool Features

    Electric Heat, Private

Other Features

  • Community Features

    Short Term Rental Allowed

  • Patio And Porch Features

    Balcony

  • Subdivision Name

    Crescent Beach Unit 1

  • Lot Features

    Paved

Price History

DateEventPrice

10/07/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #796359

Listed for Sale

$3,299,000

$695/sqft

08/23/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #778063

Off Market

$3,299,000

$695/sqft

Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 08:15AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC