5312 Thomas Drive, Panama City Beach, FL 32408
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Priced at Only: $977,500
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Address: 5312 Thomas Drive, Panama City Beach, FL 32408
Property Location and Similar Properties
- MLS#: 778899 ( Residential )
- Street Address: 5312 Thomas Drive
- Viewed: 4
- Price: $977,500
- Price sqft: $408
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Gulf
- Year Built: 2006
- Bldg sqft: 2396
- Bedrooms: 4
- Total Baths: 5
- Full Baths: 3
- 1/2 Baths: 2
- Days On Market: 1
- Additional Information
- Geolocation: 30.1434 / -85.7551
- County: BAY
- City: Panama City Beach
- Zipcode: 32408
- Subdivision: Gulf Lagoon Beach
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
- Provided by: CENTURY 21 Ryan Realty Inc
- DMCA Notice
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DescriptionLuxury 3 Story GULF VIEW BEACH HOME with Heated Saltwater Pool | STR | No HOA | No Flood | Turnkey | Vacation Lifestyle Ready Attention Investors, Beach & Pool Lovers! This 3 story Retreat is fully furnished, turnkey, and short term rental ready with NO HOA or Flood. Just steps from the Emerald Beach, sand, local dining, attractions and Rick Seltzer Park, this property offers a rare blend of luxury living and strong rental potential. Featuring 4 bedrooms including a bonus bunk/wet bar/game room, 3 ensuite baths & 2 half baths, the home comfortably sleeps 14 guests (or up to 29 when purchased with the side by side ''sister'' home for sale). Guests will love the multiple balconies with Gulf Views, private heated saltwater pool, outdoor shower, 2 grills, and matching patio & dining sets an entertaining masterpiece. Inside, enjoy an open concept main level with living, dining, kitchen & laundry room featuring stainless appliances, and LVP floors. The primary poolside 1st master bedroom with double vanity en suite bath and private, large walk in closet with a twin bunk are on the 1st floor. On the 2nd floor, you'll find 2 bedrooms. The 2nd master with double vanity en suite bath, private balcony & sitting area and the 3rd bedroom with 2 queens, double vanity en suite Bath + private balcony await. The 3rd floor offers the 4th, including bonus room & Gulf View balcony, bunks, queen bed, wet bar, and arcade games. With 10' ceilings, LVP & Hardwood floors, Hurricane Windows, Hardie siding, Metal Roof, and parking for 4 vehicles + golf cart, this home was designed for both comfort and durability. Steps from dining, marinas, and attractionsthis is a prime investment and luxury retreat in one! An Entertaining & Vacation MASTERPIECE! INVESTORS! $$$ High yield potential, turnkey STR with Projections of $115K+ after 2025 updates. BONUS: The sister property next door (also for sale) sleeps 15. Together, both homes host 29 guests total, each with identical layouts, pools, and furnishings. Unmatched portfolio or multi home investor package opportunity!
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony, CoveredPatio, Deck, Patio, OutdoorShower
- Fencing: Fenced, Privacy
- Flooring: Hardwood, LuxuryVinylPlank, Tile
- Living Area: 0.00
Land Information
- Lot Features: Landscaped
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Patronis
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Driveway, Oversized
Eco-Communities
- Pool Features: Fenced, ElectricHeat, InGround, SaltWater
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans, EnergyStarQualifiedEquipment
- Sewer: PublicSewer
- Utilities: NaturalGasAvailable, HighSpeedInternetAvailable, TrashCollection
Amenities
- Association Amenities: BeachAccess, BoatRamp
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
Other Features
- Appliances: Dryer, Dishwasher, IceMaker, Microwave, Refrigerator, Washer
- Legal Description: GULF LAGOON BEACH NWLY 33.33' OF LOT 8 BLK 18 AKA PCL ''A'' ORB 4451 P 772
- Levels: ThreeOrMore
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 32377-000-000
- Style: Coastal
- The Range: 0.00
- View: Gulf
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Villas Of Panama

- Natalie Gorse, REALTOR ®
- Tropic Shores Realty
- Office: 352.684.7371
- Mobile: 352.584.7611
- Fax: 352.799.3239
- nataliegorse352@gmail.com