5509 Thomas Drive
Panama City, FL 32408

$1,349,900 - Status: Active

Beds: 4

Baths: 3 full 1 partial

SQFT (H&C): 2,561

MLS# 796073

Live the Panama City Beach lifestyle you've been dreaming of--just steps from the Gulf of America! Originally built as the developer's personal residence, this distinctive coastal home is ideally positioned on a desirable corner lot and offers 4 bedrooms and 3. 5 bathrooms, including two spacious master suites with plenty of room and privacy for family and guests. Expansive wraparound balconies finished with beautiful brick pavers create an inviting extension of the living space--perfect for entertaining, relaxing in the coastal breeze, or taking in the Gulf views. A large inground pool provides your own private retreat for sunny Florida days and gatherings with family and friends. Located in a golf cart-friendly community near marinas, St. Andrews State Park, popular restaurants, shopping, and the beach, the location puts the best of Panama City Beach within easy reach. Short-term rentals are allowed, adding excellent flexibility for buyers seeking a primary residence, second home, or investment property. Rental projections indicate potential gross rental income upwards of $130,000 annually, subject to rental management, occupancy, rates, and market conditions. With its prime location, generous outdoor living spaces, private pool, Gulf views, and strong rental potential, this property offers an exciting opportunity to own a piece of the Panama City Beach lifestyle.

Property Features

MLS#: 796073

Zip: 32408

Subdivision: Beachside

Development: 0323 - Beach - South Of Grand Lagoon

Property Type: Residential

Cooling: Central Air, Ceiling Fan(s)

Days on Site: 34

Fenced: Yes

Heating: Central

Home Style: Coastal

Lot Size: 0.13 acres

Roof Type: Metal

Stories: 2.0

Taxes: $10,128

Year Built: 2020

SQFT (H&C): 2,561

Feature Descriptions

Accessibility: Accessible Washer/Dryer, Accessible Full Bath, Accessible Bedroom, Accessible Common Area, Accessible Closets, Accessible Kitchen, Accessible Central Living Area, Central Living Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s)

Appliances: Electric Cooktop, Electric Oven, Electric Water Heater

Community Features: Short Term Rental Allowed

Exterior: HardiPlank Type

Exterior Features: Patio, Outdoor Shower

Flooring: Plank, Vinyl

Interior Features: Double Vanity, Main Level Primary, Separate Shower, Walk-In Closet(s)

Lot Dimensions: 50.0 ft x 115.0 ft

Parcel#: 32296-020-000

Patio/Porch: Balcony, Covered, Patio, Porch

Pool: Fenced, In Ground, Private

Sewer: Public Sewer

Special View Info: Gulf

Swimming Pool: Yes

Room Sizes

Laundry: 8 X 6 Level - First

Living Room: 20 X 18 Level - First

Primary Bedroom: 17 X 14 Level - First

Local Schools

High School: Arnold

Middle School: Breakfast Point

Elementary School: Patronis

5509 Thomas Drive | MLS# 796073

This home located at 5509 Thomas Drive, Panama City, FL 32408 is currently listed for sale with an asking price of $1,349,900. This property was built in 2020 and has 4 bedrooms and 3 full and 1 partial baths with 2561 sq. ft. Thomas Drive is located in the Beachside subdivision. Search Beachside real estate on www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Emerald Coast Realty Group

Shown By

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

5509 Thomas DrivePanama City, FL 32408