5312 Thomas Drive, Panama City Beach, FL 32408 (MLS# 778899)

List Price/SqFt: 396.45

Status: Active

List Date: 2025-09-12

List Price: $949,900

Current Price: $949,900

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

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.

Area: 03 - Bay County - Beach

Street #: 5312

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Gulf Lagoon Beach

Parcel ID: 32377-000-000

Legal Description: GULF LAGOON BEACH NWLY 33.33' OF LOT 8 BLK 18 AKA PCL ''A'' ORB 4451 P 772

Acreage: 0.08

Design: Beach House

Lot Size (SqFt): 3485

Apx SqFt(Htd/Cooled): 2396

Construction Status: Construction Complete

SqFt Source: Prop App Site

Balcony SqFt: 2396

Half Baths: 2

# of Stories in Building: 3

# of Units in Bldg: 1

Units Above Ground: 1

Lot Dimensions: 33 x110

New Construction: No

Garage Y/N: No

Driveway Spaces: 4

Pool: Yes

Pool Type: Private

Sub-Type: Detached Single Family

Bedrooms: 4

Full Baths: 3

Total Baths: 5

Year Built: 2006

HOA Fee: No

New Buyer Fee: No

Last Taxes: 8192

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: 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.

First: 1

Fenced: 1

Heated - Electric: 1

Inground: 1

Saltwater: 1

Cooktop - Electric: 1

Dishwasher: 1

Dryer: 1

Ice Maker: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Floor - Hardwood: 1

Floor - Tile: 1

Floor - Vinyl Plank: 1

Foundation - Slab on Grade: 1

Roof - Metal: 1

Siding - Hardie Board: 1

Balcony: 1

Built-in Barbecue/Grill: 1

Deck Covered: 1

Deck Open: 1

Fenced Back Yard: 1

Fenced Privacy: 1

Shower: 1

Patio Covered: 1

Patio Open: 1

Cash: 1

Conventional: 1

Other: 1

Furnished: 1

Bonus Room: 1

First: 1

First: 1

Landscaped: 1

Near Beach Access: 1

Near Public Boat Ramp: 1

Sidewalk: 1

Within 1/2 Mile to Water: 1

Driveway: 1

Oversized: 1

MBath Double Vanity: 1

MBath Separate Shwr: 1

MBed Balcony: 1

MBed Walk-in Closet: 1

Resid Single Family: 1

Bedroom: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

Master Bedroom: 1

Cable - Available: 1

Electricity - Connected: 1

Garbage: 1

Natural Gas - Available: 1

Internet - Broadband Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

As Is: 1

First: 1

Second: 1

Second: 1

Third: 1

Ceiling Fan(s): 1

Central Air: 1

ENERGY STAR Qualified Equipment: 1

Fire Alarm: 1

Fire Sprinkler System: 1

Smoke Detector(s): 1