
5312 Thomas Drive, Panama City Beach, FL 32408
Gulf Lagoon Beach · Bay County
Key Facts
Description
Luxury 3-Story GULF VIEW BEACH HOME with Heated Saltwater Pool | STR | No HOA | No Flood | Turnkey | Vacation-Lifestyle Ready - PLUS a $10,000 BUYER CREDIT at Closing! HIGH-YIELD INCOME POTENTIAL + TAX BENEFITS SAVINGS for this one or both properties for Sale SIDE-BY-SIDE. 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 attractions--this is a prime investment and luxury retreat in one! An Entertaining & Vacation MASTERPIECE! $$$ INVESTORS $$$ HIGH-YIELD INCOME POTENTIAL for this one or both properties! 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! Schedule your showing today! GRI: Rental Revenue for 2024 & 2025 are available upon request.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Coastal
Year Built
2006
Stories
3
Living Area
2,396 sq ft
Lot Size
0.08 acres
Lot Dimensions
33 x110
Days on Market
283
MLS® Listing#
778899
Property Features
- Interior:
- Double Vanity, Walk-In Closet(s)
- Exterior:
- Balcony, Barbecue, Outdoor Shower
- Appliances:
- Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
- Cooling:
- Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
- Flooring:
- Vinyl
- Pool:
- Fenced, Electric Heat, In Ground, Salt Water, Private
- Patio:
- Deck, Patio, Covered
- Fencing:
- Fenced, Privacy
- Construction:
- HardiPlank Type
- Foundation:
- Slab
- Roof:
- Metal
- Security:
- Smoke Detector(s), Fire Sprinkler System, Fire Alarm
- Utilities:
- Natural Gas Available
- Sewer:
- Public Sewer
Rooms
- 22 x 12Second
- 15 x 14First
- Bedroom18 x 14Third
- Bedroom18 x 12Second
- Dining Room12 x 8First
- Kitchen12 x 8First
- Living Room18 x 12First
Schools
- Elementary:
- Patronis
- Middle:
- Surfside
- High:
- Arnold
HOA & Tax
- HOA:
- None
- Annual Tax:
- $8,192 (2025)
- Parcel #:
- 32377-000-000
Directions
Take Thomas Drive West from the Signal Light at Alvin's Island after the Marinas for about 1/2 mile. House is on the right in Blue.
Affordability Calculator
$189,000
Estimated monthly payment
$5,030/mo
Principal $756,000 · Est. interest $1,054,687 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City Beach, FL
- $471,591
- Median Listing Price
- 116
- Median Days on Market
- 1,410
- Median Sq Ft
- $354
- Median Price / Sq Ft
- 31,816
- Active Listings
- This home’s price is 100% above the area median.
- Its price per sq ft is 11% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.
Location
- 5312 Thomas Drive, Panama City Beach, FL 32408
Nearby Schools
Patronis Elementary School
Elementary · 1.9 mi away
Twisted Fork Culinary Classroom
School · 3.1 mi away
St Andrew School
School · 3.8 mi away
St Bernadette Early Childhood Development Center
School · 4.0 mi away
Lucille Moore Elementary School
Elementary · 4.0 mi away
Learning Tree II-Child Development Center
School · 4.0 mi away
Stacey's Fun in the Sun Preschool 2 Inc.
School · 4.0 mi away
Primary Prep School
Elementary · 4.1 mi away
St. Andrew School at Oakland Terrace
Elementary · 4.3 mi away
Oakland Terrace School for the Arts
School · 4.3 mi away
St John Catholic School
School · 4.3 mi away
Renaissance School International
School · 4.4 mi away
Gulf Coast School for Autism
School · 4.8 mi away
Bacot Academy
School · 5.0 mi away
Covenant Christian School
School · 5.1 mi away
Bay Virtual Instruction Program (District Provided)
Secondary · 5.1 mi away
Bay District Schools
School · 5.1 mi away
Central High School
Secondary · 5.1 mi away
Palm Bay Preparatory Academy
Elementary · 5.1 mi away
Panama City Christian School
School · 5.1 mi away
Commute Calculator
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EXIT Agents in Panama City Beach
Listing Courtesy: CENTURY 21 Ryan Realty Inc - 8502337926
















