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Photo 1 of 70: 5312 Thomas Dr STR with Private Pool
5312 Thomas Dr STR with Private Pool
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5312 Thomas Drive, Panama City Beach, FL 32408

Gulf Lagoon Beach · Bay County

Key Facts

4Beds
5Baths
2,396Sq Ft
2006Year Built
0.08Lot (acres)
3Stories

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

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EXIT Agents in Panama City Beach

Listing Courtesy: CENTURY 21 Ryan Realty Inc - 8502337926

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralPanhandleAssociationOfRealtors. MLS® Listing#778899. © 2026EXIT Realty®. All rights reserved.