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$795,000
792773 MLS
Rare east-end Panama City Beach opportunity just off the Gulf. These two adjoining parcels total approximately 45' x 100' and offer an exceptional setting for a custom beach retreat or coastal project. Located just east of Hadley's Beach and just a short distance from the sand, this property gives you the beachside lifestyle without being tied to an HOA. Enjoy the flexibility of no HOA dues, no HOA approval process, and no neighborhood rental restrictions imposed by an association, while still being close to the water, Thomas Drive, St. Andrews State Park, Shell Island excursions, Grand Lagoon marinas, restaurants, beach bars, fishing, boating, and the quieter charm of the east end. The property is zoned SR-2 Seasonal/Resort and is located in Flood Zone X, adding to its appeal for buyers looking for a flexible beach-area opportunity in a highly desirable location. Buyer to verify zoning, permitted uses, setbacks, buildable envelope, utilities, lot-combination requirements, flood zone, coastal construction requirements, and any short-term rental or development requirements with Bay County.

5920/5922 Gulf Drive, Panama City

Listing courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida.

$3,150,000
6 Beds 7 Baths 787785 MLS
Set within the exclusive coastal enclave of Hadley's Beach, a thoughtfully planned community of just 20 residences, 5936 Gulf Drive offers a refined approach to modern beach living along the shores of Panama City Beach. With direct beach access just steps away, days unfold easily between the home and the turquoise waters and white sand shoreline that define this stretch of the Gulf. Completed in 2025, the residence spans 4,747 square feet and is offered fully furnished, blending contemporary design with effortless livability. Gulf views are woven throughout the home, creating a constant connection to the water and surrounding coastal landscape. The home features six bedrooms and six-and-a-half bathrooms, including a dedicated bunk room designed with both flexibility and comfort in mind. The second floor serves as the primary gathering space, where a spacious living area, expansive kitchen, and dining area come together in an open, light-filled setting. Premium kitchen appliances, generous counter space, and thoughtful design details support both everyday living and elevated entertaining. On the third floor, the primary suite offers a private retreat with a balcony overlooking the Gulf, accompanied by a sitting area, wet bar, and private laundry, creating a self-contained space designed for both relaxation and convenience. Outdoor living is centered around a private pool, offering a peaceful alternative to the beach just beyond. A first-floor laundry room adds ease after time spent at the pool or shoreline, supporting the natural rhythm of coastal living. Located within a community that allows short-term rentals, the property offers flexibility alongside its design-forward appeal. With its combination of Gulf views, curated interiors, and immediate access to the beach, 5936 Gulf Drive presents a residence where thoughtful architecture and the coastal lifestyle come together in seamless balance.

5936 Gulf Drive, Panama City

Listing courtesy of Corcoran Reverie.

$575,000
3 Beds 3 Baths 786630 MLS
Welcome to 6120 Beach Drive - your chance to own a versatile beach retreat on the peaceful east end of Panama City Beach. This elevated coastal home offers the perfect blend of personal beach living and income potential, just moments from the Gulf. Upstairs you'll find a bright and inviting 1716sqft 2BR 2BA main living space featuring an open layout, spacious kitchen with island seating, durable flooring, and abundant natural light. Step outside to the large covered deck, the ideal spot for morning coffee, evening drinks, or simply relaxing in the coastal breeze after a day on the water. What truly sets this property apart is the fully separate 822 sqft 1 bedroom, 1 bathroom apartment located downstairs. With its own living space and private feel, this setup creates an excellent opportunity to generate rental income, host guests, or create a private retreat for extended family and friends. Whether you're looking for a vacation rental investment or a beach home that helps offset ownership costs, this flexible layout offers options buyers love. The property also features ample parking, covered space, and a fun backyard putting green area, making it perfect for entertaining after a day at the beach. Location is everything, and this home puts you right in the heart of the laid-back East End beach lifestyle. You're just minutes from some of the area's most loved destinations including Schooners Beach Club, public beach access points along Thomas Drive, and the natural beauty of St. Andrews State Park with its miles of shoreline, boating, fishing, and wildlife. Enjoy quick access to local restaurants, beach bars, marinas, and entertainment, while still enjoying a quieter side of Panama City Beach away from the heavy traffic of the west end. Whether you're searching for a smart investment opportunity, a second home near the Gulf, or a full-time coastal escape, this property delivers the flexibility and location to make it happen. Beach life, income potential, and the best of the East End -- all in one property. Come see it today!

6120 Beach Drive, Panama City

Listing courtesy of Think Real Estate.

$299,000
778986 MLS
Prime location in Panama City Beach! This cleared and leveled 50x110 lot is in the highly desirable Thomas Drive area, the most popular spot for tourists in PCB. The city is one of the fastest-growing markets in the USA, and this property offers easy access to the beach, restaurants, and local attractions. No HOA. Short-term rental allowed. Zoned C-1, the property offers flexibility with multiple allowable uses. Build a large single-family home, duplex, or even a three/four-story building with beautiful Gulf views. Dream home or investment property—endless possibilities await, less than half a mile from the emerald green waters of the Gulf of Mexico. Don't miss this chance to own in one of the fastest-growing areas of Panama City Beach !

6205 Beach Drive, Panama City

Listing courtesy of Beach Properties Realty.