5231-5233 Thomas Drive
Panama City Beach, FL 32408
MLS# 787168
Status:
Pending8 beds | 10 baths | 4690 sqft
Property DescriptionNO RENTAL RESTRICTIONS!!!
This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations -- literally across the street from the sugar-white sands and shimmering Gulf waters.
Each home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool -- the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.
List Price/SqFt: 388.89
Status: Pending
List Date: 2026-03-22
List Price: $1,823,900
Current Price: $1,823,900
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Just north of Schooner's restaurant on Thomas Dr
Area: 03 - Bay County - Beach
Street #: 5231-5233
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Gulf Lagoon Beach
Parcel ID: 40001-803-002 & 40001-803-001
Legal Description: 5233 THOMAS DRIVE, A LAND CONDOMINIUM UNIT A ORB 4954 P 1896 LAND 2750 SF & 5233 THOMAS DRIVE, A LAND CONDOMINIUM UNIT B ORB 4954 P 1896 LAND 2750 SF
Design: Duplex
Apx SqFt(Htd/Cooled): 4690
Construction Status: Under Construction
SqFt Source: Builders Plans
Half Baths: 2
# of Stories in Building: 3
# of Units in Bldg: 2
Lot Dimensions: 60 x 220
New Construction: Yes
Garage Y/N: No
Pool: Yes
Pool Type: Private
Sub-Type: Duplex Multi-Units
Bedrooms: 8
Full Baths: 8
Total Baths: 10
HOA Fee: Yes
HOA Amount: 377
HOA Frequency: Quarterly
HOA Annual Amount: 1508
New Buyer Fee: Yes
New Buyer Fee Amt: 2000
Brokerage Interest: No Interest
Remarks: NO RENTAL RESTRICTIONS!!!
This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations -- literally across the street from the sugar-white sands and shimmering Gulf waters.
Each home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool -- the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.
Microwave: 1
Oven - Electric: 1
Floor - Vinyl Plank: 1
Stairs: 1
Balcony: 1
Deck Covered: 1
Covered Porch: 1
Dining Room: 1
Living Room: 1
Primary Bedroom: 1
Under Contract Date: 2026-05-01
Appliances: Dishwasher; Disposal; Microwave; Oven - Electric; Range - Electric
Exterior: Balcony; Deck Covered; Double Pane Windows
Association Fees Include: Ground Keeping
Financing: Cash; Conventional; FHA; VA
Rooms: Covered Porch; Dining Room; Living Room
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Dining Room | First | 15.1 x 14.9 | 15.10 | 14.90 | 15.1 x 14.9 |
| Living Room | First | 18.11 x 13.5 | 18.11 | 13.50 | 18.11 x 13.5 |
| Master Bedroom | Third | 11.1 x 16.4 | 11.10 | 16.40 | 11.1 x 16.4 |
| Covered Porch | Third | 18.8 x 11.3 | 18.80 | 11.30 | 18.8 x 11.3 |
| Dining Room | First | 15.1 x 14.9 | 15.10 | 14.90 | 15.1 x 14.9 |
| Living Room | First | 18.11 x 13.5 | 18.11 | 13.50 | 18.11 x 13.5 |
| Master Bedroom | Third | 11.1 x 16.4 | 11.10 | 16.40 | 11.1 x 16.4 |
| Covered Porch | Third | 18.8 x 11.3 | 18.80 | 11.30 | 18.8 x 11.3 |
Listing Office: TH Coastal Realty
Last Updated: June - 10 - 2026
Information deemed reliable but not guaranteed.