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5948 Gulf Drive Drive, Panama City Beach, FL 32408

$2,795,000
Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 4,470 Lot Size (sq. ft.): 5,358 Status: Active
Current Price: $2,795,000 List Date: 3/06/2024 Last Modified: 4/17/2024

Description

Compelling new construction opportunity in the brand new Gulf front community of Hadley's Beach. Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Architectural harmony is established and promoted through the carefully curated covenants and restrictions coupled with the inception of the community architectural review board. Notable community infrastructure includes underground utilities, community lighting, and sidewalks throughout. Coined as one of the top two beaches in all of America, St Andrews State Park abuts to Thomas Drive and offers over 1,200 acres of forests, sand dunes covered with sea oats, fresh and saltwater marshes, a lagoon swimming area, fishing jetties, hiking trails, and nearly two miles of beach. The community of Hadley's Beach is geographically poised near all of the world class dining and entertainment venues the Emerald Coast has to offer including Thomas Drive, Pier Park, and Scenic Highway 30A. The prime location, masterfully designed site plan, and impressive rental potential create a compelling opportunity to investors and full-time residents alike. Inquire today to learn more and start envisioning the coastal lifestyle you deserve.

More Information MLS# 753787

Contract Info

Status: Active List Date: 2024-03-06 List Price: $2,795,000 List Price/SqFt: 625.28 Current Price: $2,795,000

Location

Area: 03 - Bay County - Beach Street #: 5948 Street Name: Gulf Drive Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Sub Area: 0323 - Beach - South of Grand Lagoon Subdivision: Hadley's Beach Community/Resort: None Waterfront: No Parcel ID: 30932-100-200 Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: Take Thomas Drive and head East. Hadley's Beach is tucked on the Gulf-side and nestled between the complexes of Watercrest & Regency Towers. Legal Description: HADLEY'S BEACH LOT 20 ORB 4627 P 2364

General Property Info

Sub-Type: Detached Single Family Design: Beach House Apx SqFt(Htd/Cooled): 4470 SqFt Source: Builders Plans Balcony SqFt: 1266 Bedrooms: 6 Full Baths: 6 Half Baths: 1 Total Baths: 7 # of Stories in Building: 3 Year Built: 2024 Pre-Const Flip: No Construction Status: To Be Built Garage Y/N: No Driveway Spaces: 3 Lot Dimensions: 54x100 Acreage: 0.12 Lot Size (SqFt): 5358

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 500 HOA Frequency: Annually HOA Annual Amount: 500 New Buyer Fee: No Last Taxes: 4728.24 Last Tax Year: 2023 Brokerage Interest: Equitable Interest - Listing Broker/Salesperson has equitable interest in the property.

Remarks & Misc

Remarks: Compelling new construction opportunity in the brand new Gulf front community of Hadley's Beach. Emerging from the sugar white sands and idyllic turquoise hued waters of Panama City Beach resides the exclusive newly released Gulf front community of Hadley's Beach. Reigning on over four acres, the low density community encompasses a total of sixteen Gulf front homesites and ten first tier homesites. Architectural harmony is established and promoted through the carefully curated covenants and restrictions coupled with the inception of the community architectural review board. Notable community infrastructure includes underground utilities, community lighting, and sidewalks throughout. Coined as one of the top two beaches in all of America, St Andrews State Park abuts to Thomas Drive and offers over 1,200 acres of forests, sand dunes covered with sea oats, fresh and saltwater marshes, a lagoon swimming area, fishing jetties, hiking trails, and nearly two miles of beach. The community of Hadley's Beach is geographically poised near all of the world class dining and entertainment venues the Emerald Coast has to offer including Thomas Drive, Pier Park, and Scenic Highway 30A. The prime location, masterfully designed site plan, and impressive rental potential create a compelling opportunity to investors and full-time residents alike. Inquire today to learn more and start envisioning the coastal lifestyle you deserve.

Property Features

Bedroom: First; Second Fees Include: Accounting; Ground Keeping; Legal Furnished: Furnished - None Kitchen: Second Living Room: Second Recreation Room: First; Second Rooms: Bedroom; Kitchen; Living Room; Recreation Room Utilities: Electric; Public Sewer; Underground

Room Information

Bedroom Level: First Dimensions: 13.6 x 11.4 Length: 13.60 Width: 11.40 Dimensions: 13.6 x 11.4 Remarks: first floor Bedroom Level: First Dimensions: 13.6 x 12.8 Length: 13.60 Width: 12.80 Dimensions: 13.6 x 12.8 Remarks: first floor Bedroom Level: First Dimensions: 13.3 x 11.8 Length: 13.30 Width: 11.80 Dimensions: 13.3 x 11.8 Remarks: first floor Recreation Room Level: First Dimensions: 12.9 x 13 Length: 12.90 Width: 13.00 Dimensions: 12.9 x 13 Remarks: rec room first floor Bedroom Level: Second Dimensions: 13.4 x 12 Length: 13.40 Width: 12.00 Dimensions: 13.4 x 12 Remarks: bedroom second floor Recreation Room Level: Second Dimensions: 17.4 x 12 Length: 17.40 Width: 12.00 Dimensions: 17.4 x 12 Remarks: second floor Kitchen Level: Second Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Remarks: kitchen Living Room Level: Second Dimensions: 17.4 x 15.6 Length: 17.40 Width: 15.60 Dimensions: 17.4 x 15.6 Remarks: living 2nd floor
Listing Office: Corcoran Reverie
Last Updated: April - 17 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.