5509 Thomas Drive
Panama City Beach, FL 32408
$1,349,900
Active
Description
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.
Listing details MLS# 1013303
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2719 - Beach - East
- Subdivision
- BEACHSIDE
- County
- Bay
- Parcel ID
- 32296-020-000
- Tax year
- 2025
- Annual tax
- 10128.25
- Legal description
- Gulf Lagoon Beachlot 13 Blk 7Orb 4339 P 2200
- Zoning
- City
General Property Info
- Property type
- Residential
- Year built
- 2020
- Acreage
- 0.13
- Lot size (sq ft)
- 5662.8
- Lot dimensions
- 50.0 ft x 115.0 ft
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Full baths
- 3
- Half baths
- 1
- Building area
- 2561
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Floor Vinyl
- Interior features
- Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup, Woodwork Painted
- Appliances
- Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer, Water Heater - Elect
- Total rooms
- 6
Exterior and Site
- Construction
- Siding Wood, Trim Wood
- Roof
- Roof Metal
- Exterior features
- Balcony, Fenced Back Yard
- Patio and porch
- Deck Covered, Porch
- Pool
- Yes
- Pool features
- Pool - In-Ground, Pool Type
- View
- Gulf
- Road surface
- Paved
- Road frontage
- City Street
Utilities
- Utilities
- Electric
- Sewer
- Community Sewer
Schools
- Elementary
- Patronis
- Middle school
- Breakfast Point
- High school
- Arnold
Remarks and Misc
- Directions
- East on Thomas Dr toward the east end of PCB. Property located at 5509 Thomas Dr near Beach Access #8 & #9, just west of Schooners.
