Company Logo
SIGN UP LOGIN

93 Total Photos [Click to View All]

5237 Thomas Drive, Unit A & B
Panama City, FL 32408

$2,230,000 - Status: Active
Bed Icon Beds: 10
Bath Icon Baths: 8 full 2 partial
Sq Feet Icon SQFT (H&C): 5,156
MLS Icon MLS# 791806

This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one. Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat. Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style. The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point. Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!! Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed.

Property Features

MLS#: 791806
Zip: 32408
Subdivision:
Development: 0323 - Beach - South Of Grand Lagoon
Property Type: Multi Unit - Multiple
Number of Units: 2
Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified E
Days on Site: 2
Fenced: Yes
Heating: Central, Electric, Fireplace(s)
Home Style: Duplex
Lot Size: 0.13 acres
Roof Type: Metal
Stories: 3.0
Year Built: 2025
SQFT (H&C): 5,156

Feature Descriptions

Community Features: Barbecue, Short Term Rental Allowed
Exterior: Other, Wood Frame
Exterior Features: Barbecue, Covered Patio, Outdoor Shower
Fencing: Fenced
Fireplace: Electric
Interior Features: Upper Level Primary
Lot Description: Sprinkler System
Lot Dimensions: 50.0 ft x 110.0 ft
Parcel#: 32375-000-000
Patio/Porch: Balcony, Deck, Covered, Patio, Porch
Pool: In Ground, Salt Water, Private
Security: Carbon Monoxide Detector(s), Fire Sprinkler System
Sewer: Public Sewer
Special View Info: Gulf
Swimming Pool: Yes
Units: 2

Room Sizes

Primary Bathroom: 16.1 X 6.1 Level - Second
Primary Bathroom: 16.1 X 6.1 Level - Second
Half Bath: 8.5 X 3.3 Level - First
Half Bath: 8.5 X 3.3 Level - First
Kitchen: 18 X 20 Level - First
Kitchen: 18 X 20 Level - First
Living Room: 22 X 20 Level - First
Living Room: 22 X 20 Level - First
Primary Bedroom: 12.6 X 13.4 Level - Second
Primary Bedroom: 12.6 X 13.4 Level - Second

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

5237 Thomas Drive, Unit A & B | MLS# 791806

This multi-family property located at 5237 Thomas Drive, Unit A & B, Panama City, FL 32408 is currently listed for sale with an asking price of $2,230,000. Search Panama City real estate on www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 AllPoints Realty

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

IDX logo

Ask a Question

Ask a Question
  1. Select an Agent

Login to My Homefinder

Pixel