listed Jun 29, 2026 SingleFamilyResidence ▼ Price cut: $105,000 (10/1)
$5,795,000
8-Bedroom Home in Hadley's Beach

5935 Gulf Drive, Panama City, FL 32408

SingleFamilyResidence in Hadley's Beach, Panama City · Built 2025
Hadley's Beach · Panama City, FL 32408 · Bay County
Listing data checked against the MLS November 12, 2026 at 11:30 AM ET · rechecked hourly
8Bedrooms
8Bathrooms
2025Year Built
New construction8 bedrooms
How to read this page: MLS listing facts carry their source; everything else is labelled as a public record, a calculation, an estimate, or something to verify. Where local data is too thin to support a number, the page says so instead of guessing.
Buyer leverage
Seller-leaning
136 days on market
Zone VE
Flood risk
Confirm requirements with FEMA; ~13 ft elevation
$13k–$27k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.

Sources: CPAR (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights

5935 Gulf Drive in Hadley's Beach, Panama City is listed at $5,795,000. It has been listed Jun 29, 2026. Listing facts: new construction, HOA dues of $42/mo. The parcel maps to FEMA flood zone VE, a special flood hazard area where lenders generally require flood insurance. Figures are from the MLS record and county data; deemed reliable but not guaranteed.

  • New construction — built 2025
  • listed Jun 29, 2026
  • HOA $42/mo (per listing)
Listing description

About this home

Set directly along the sugar-white shoreline of Panama City Beach, The Headliner at Hadley's Beach is a newly constructed Gulf-front residence combining architectural scale, elevated interiors, private beach access, and short-term rental flexibility within one of the area's most intimate coastal enclaves. Hadley's Beach includes just 26 homes, with only 16 true Gulf-front residences, making this an increasingly limited opportunity for direct waterfront ownership in Panama City Beach. Across approximately 5,700 square feet and three levels, sweeping Gulf views, five panoramic door systems, a heated private pool, and more than 1,300 square feet of outdoor living create a home designed around the water from nearly every vantage point.

Built by Thor Construction & Design, the residence pairs refined coastal architecture with a material palette that feels substantial, current, and quietly sophisticated. Venetian plaster, custom cabinetry, oak beams, Visual Comfort lighting, and expansive walls of glass bring texture and warmth to the interiors while allowing the Gulf to remain the defining visual element. Five panoramic door systems positioned across all three levels open the home toward the shoreline, creating a fluid connection between interior gathering spaces, covered porches, and the beach beyond.

The second level serves as the natural heart of the home, where generous living and dining spaces unfold around a chef's kitchen designed for both everyday life and large-scale entertaining. Custom cabinetry is complemented by Sub-Zero and Wolf appliances, while the open layout preserves long sightlines to the Gulf. Floor-to-ceiling windows and broad openings fill the space with natural light and create an effortless progression from the kitchen and living areas to expansive outdoor terraces overlooking the water.

Eight spacious bedrooms and eight bathrooms are thoughtfully arranged across the residence to accommodate family, guests, and multigenerational gatherings while maintaining privacy throughout. The upper-level primary suite is positioned as a private Gulf-front retreat, complete with its own lounge and panoramic water views, creating a quieter sanctuary removed from the home's central gathering spaces. Outdoor living is integral to the experience of The Headliner.

More than 1,300 square feet of porch space spans the residence, offering multiple settings for open-air dining, morning coffee, relaxed conversation, and sunset views. The heated private pool extends the home's resort-style atmosphere, while direct private access leads from the residence to the white sand and turquoise waters of the Gulf of Mexico. An elevator and garage add convenience across all three levels.

Hadley's Beach offers a distinctive position within Panama City Beach, pairing the privacy of a limited residential enclave with convenient access to the area's dining, entertainment, live music, and coastal recreation. Days can begin on the Gulf, move easily into the energy of Panama City Beach, and end back at the residence with sunset views from the porch or evenings beside the pool. Offered fully furnished and with short-term rentals permitted, The Headliner offers flexibility as a primary residence, second home, vacation property, or Gulf-front investment opportunity.

For buyers searching for a luxury Gulf-front home in Panama City Beach, a newer construction beachfront residence with a private heated pool, or a short-term rental property directly on the Gulf of Mexico, 5935 Gulf Drive brings together architecture, scale, location, and direct waterfront access in a setting designed to be experienced from sunrise through sunset.

All 83 photos

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Description provided by Corcoran Reverie and reproduced from the MLS; not independently verified.

Listing courtesy of Corcoran Reverie · Listing agent: Hilary N Farnum-Fasth · 850-231-5030Provided via the Central Panhandle Association of REALTORS® Internet Data Exchange · Source: Central Panhandle Association of REALTORS® · © 2026 Central Panhandle Association of REALTORS®, Inc. · deemed reliable but not guaranteedIDX information is provided exclusively for consumers' personal, non-commercial use and 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 by the MLS to be accurate.
How it stacks up

Comparable recent sales

Comparable closed sales for this home are unavailable right now, so this page shows no comparable-sales median or automated estimate for Hadley's Beach. A licensed Momentum Realty agent can prepare a property-specific comparative market analysis on request.

Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$5,795,000
Bed / bath8 / 8
Year built2025
Property typeSingleFamilyResidence
MLS #789986
Listing statuslisted Jun 29, 2026

Public records & third-party data

FEMA flood zoneZone VE
Ground elevation~13 ft
CountyBay
Area listings2 active · 0 under contract
Estimated first-year tax~$60,848/yr
CDD assessmentNone on record
HOA$42/mo

Calculated estimates

Estimated monthly payment$38,080
Insurance (illustrative)$13k–$27k/yr

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Financing

Estimated monthly payment

$38,080/mo
  • Principal & interest $31,406/mo 82%
  • Taxes $5,071/mo 13%
  • Insurance $1,562/mo 4%
  • HOA $42/mo 0%

$38,080/mo at 20% down, 30-yr @ 7.18% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

What it really costs to own 5935 Gulf Drive

The parts of the monthly number a mortgage calculator leaves out, from this listing's MLS record, the county tax roll, Citizens and FEMA. Property facts only.

Property taxThe current owner's bill is $20,285/yr per the MLS listing record (TaxAnnualAmount, 2026-11-12). Florida reassesses at sale, so a buyer's first bill is usually higher than the seller's; the county millage here is not verified, so no reset figure is printed.
HOA dues$42/month per the listing record. Dues cover what the association documents say they cover; ask for the budget and reserve study before you close.
Home and flood insuranceThe average Citizens Property Insurance premium in Bay County is $1,928/yr (1,264 policies, Citizens detail by county, April 2026); private-market quotes differ by roof age, wind mitigation and distance to the coast. The page's modeled range for this home is $13,000–$27,000/yr; neither is a quote. Flood: this address maps to FEMA zone VE, a high-risk zone where flood insurance is required with a federally backed mortgage. Statewide, a zone A/AE/VE flood policy runs about $1,200–$2,500/yr (FEMA Risk Rating 2.0 averages, not a quote).
Roof and ageBuilt in 2025. A newer roof and current wind-mitigation features usually mean the lower end of insurance quotes; ask for the wind-mitigation form.

Estimated carrying cost at the asking price, before the mortgage: about $1,893/month (tax $1,690, HOA $42, insurance $161). An estimate from the sources above, not a quote; the monthly-cost calculator on this page adds the loan.

Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

Property tax (first-year est.)
~$60,848/yr

Estimate: a typical Bay effective rate applied to the list price before any exemptions. Florida bills change with reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.

CDD assessment
Not reported

The MLS listing does not report a CDD amount. Many Florida communities have one; it shows on the county tax bill — confirm with the tax collector or the listing agent.

Insurance (illustrative range)
$13k–$27k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood zone VE — confirm flood coverage. Get a quote from a licensed insurer before relying on any figure.

HOA
$42/mo

Per the MLS listing. Confirm exact dues and what they include with the association.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Zone VE

From the FEMA flood map. Lender-required flood insurance may apply; confirm for the parcel.

Ground elevation
~13 ft

Approximate parcel elevation from USGS; confirm exact elevation with a survey.

Windstorm / insurance
Obtain a quote

Bay County is on the Florida coast; wind coverage is a major part of the premium. Premiums and coverage vary by home (roof age, wind mitigation, claims history); obtain a quote from a licensed insurer.

County hazard risk ratings (FEMA National Risk Index, county level)
Hazard risk

Natural hazard risk

FEMA National Risk Index for Bay County, FL: overall Relatively Moderate. Ratings compare this county with every county in the United States for expected annual loss from each hazard.

HurricaneVery High
Coastal floodingRelatively Moderate
Inland floodingRelatively Moderate
Heat waveRelatively Moderate
WildfireRelatively Low
TornadoRelatively High
LightningVery High
Strong windRelatively Moderate
DroughtVery Low
HailVery Low
Cold waveRelatively Moderate
Winter weatherRelatively Low

Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.

Internet & broadband — how to check availability for this address
Connectivity

Internet & broadband

Fiber
Check availability

Address-level fiber service is not confirmed for this home. Check the FCC National Broadband Map (broadbandmap.fcc.gov) or the provider for this address.

Cable
Check availability

Cable broadband is common in Florida and Georgia towns but not confirmed for this address; verify with the provider.

Fixed wireless / satellite
Check availability

5G home internet and satellite service depend on the exact location; check coverage for this address.

Property timeline

This home’s history

  • 2025BuiltPer public record
  • About Jun 2026Listed (per MLS)Approximate list date from the MLS cumulative days-on-market count (listed about Jun 29, 2026)
  • Aug 4, 2026First seen on our siteObserved at $6,000,000
  • Aug 17, 2026Price cut$5,900,000 (-$100,000, -1.7%)
  • Oct 1, 2026Price cut$5,795,000 (-$105,000, -1.8%)
  • NowActiveCurrently for sale

Build year is from public record. The MLS list date is approximate (today minus the cumulative days on market the MLS reports, which can span relistings). Other milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Transparency

Price & listing history

Listed for $5,795,000Corcoran Reverie · listed Jun 29, 2026
Public records

Building permits

Permit history not yet linkedConfirm permit history with the county building department.

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Listed by Corcoran Reverie · MLS # 789986

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Keep looking

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Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.

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Recently off market in Hadley's Beach

The street

Every home on Gulf Drive: what is for sale, what sold and when, the homes and the communities along it.

Just listed: new homes for sale in this area in the last 48 hours · updated hourly · RSS · This area market today: new listings, price cuts, pendings

Go deeper

More on Hadley's Beach

Go deeper on Hadley's Beach

See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.

Assigned schools

Assigned schools

Schools currently assigned to this address in Bay County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

School zoningThis address is in the Bay County School District. Specific elementary, middle, and high-school assignments vary by street and can change. Confirm current zoning with the district before relying on it.
Nearby & guides

City, county & community guides

Where this home sits, with links to the matching guides. General reference only.

Before you decide

Buyer research checklist

Items worth confirming for 5935 Gulf Drive, chosen from what the record shows. This is general guidance, not advice about this specific property.

  • New construction: get the builder's warranty terms and the certificate of occupancy in writing, and ask which finishes shown are upgrades.
  • HOA dues are listed at $42/mo: request the current budget, reserves, and rules before relying on that figure or on any restriction.
  • FEMA flood zone VE: lenders generally require flood insurance here — get an elevation certificate and a flood quote before the inspection period ends.
  • Get a homeowners insurance quote for this specific address in Bay County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
  • Confirm square footage and room dimensions independently.
  • Order a survey to confirm lot boundaries and easements.
  • Review permit history with the county.
  • Property taxes: the estimate on this page (about $60,848/yr) assumes reassessment at the list price; the seller's current bill is not a guide Exemptions and portability change the actual bill — confirm with the county property appraiser.
  • Confirm school zoning directly with the district.
Provenance

Data sources & freshness

Listing recordCPAR, checked against the MLS hourly (last: November 12, 2026)
Comparable salesComparable-sales estimate unavailable for this home right now — no medians or automated estimate shown
Flood zone & elevationFEMA flood maps + USGS elevation (Zone VE shown above)
Taxes & monthly costTypical county effective rate applied to the list price; an estimate, not a bill
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of CPAR records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

How big is 5935 Gulf Drive and when was it built?

Per the listing record, 5935 Gulf Drive was built in 2025 and has 8 bedrooms and 8 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.

What community is 5935 Gulf Drive in?

5935 Gulf Drive is in Hadley's Beach in Panama City, Bay County. Too few comparable closed sales exist nearby for this page to show local sales statistics; a licensed agent can prepare a comparative market analysis.

Does 5935 Gulf Drive have an HOA, and how much are the dues?

The listing reports HOA dues of $42 per month. Dues, what they cover, and the community's rules should be confirmed from the association's current documents before relying on them.

Why might property taxes on 5935 Gulf Drive differ from the current owner's?

The estimate on this page (about $60,848 per year) assumes reassessment at the list price less the homestead exemption. Florida reassesses a home after it sells; for a homesteaded seller the Save Our Homes cap on their assessment does not transfer, and a buyer's own exemptions and portability are applied separately, so the two bills usually differ. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.

Is 5935 Gulf Drive in a flood zone?

The FEMA flood map places this parcel in Zone VE, a special flood hazard area where lenders generally require flood insurance on a mortgaged purchase. Confirm the parcel's status with FEMA and your insurer, and ask for an elevation certificate.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

Ready when you are

See 5935 Gulf Drive in person

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Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email jon@movewithmomentum.com and we will review and correct or remove it promptly.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Central Panhandle Association of REALTORS® Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Central Panhandle Association of REALTORS®. © 2026 Central Panhandle Association of REALTORS®, Inc. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Florida real estate brokerage services provided by EAB RE Investments LLC dba Momentum Realty. Georgia real estate brokerage services provided by Momentum Realty LLC. Site designed by Move With Momentum LLC, © 2026.

Estimates, methodology & disclaimers

Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply county millage to the list price (less the homestead exemption where the parcel is matched to the certified roll) and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.