5405 Thomas Drive, Panama City Beach, FL 32408 (MLS# 794319)


$889,500
5405 Thomas Drive
Panama City Beach, FL 32408
MLS# 794319
4 beds  |  4 baths  |  2801 sqft


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Property Description
Located just steps from the sugar-white sands of Panama City Beach's quiet east end, this beach home combines the best of location, functionality, and flexibility. With no HOA and the freedom to offer short-term rentals, this property is ideal for a serene retreat, full-time residence, or vacation rental. The thoughtfully designed layout spans multiple levels, ensuring both privacy and spaces for gathering. The first floor features three bedrooms, two full baths with granite countertops, and a convenient laundry area. Ascend to the second floor to a spacious great room with cathedral ceilings, beautiful hardwood floors, and an open kitchen. Stainless steel appliances, a kitchen island and breakfast bar make this space functional and inviting - perfect for hosting or enjoying casual meals. Step out onto the second-floor balcony to enjoy a morning coffee or the evening breezes. The master suite on this level creates a private sanctuary, complete with a well-appointed bathroom featuring a walk-in shower and separate water closet. On the third floor, you will find another balcony and a versatile loft area that can be transformed according to your needs - whether as an additional bedroom, game room, or entertainment hub. Outside, the fenced yard and patio area provide a private space for relaxation or gatherings. Located just a short stroll from local favorites like Schooner's and a quick drive to St Andrews State Park, marinas, golf, shopping and dining, this home offers the perfect blend of peaceful seclusion and convenient access to attractions. If versatile design, spacious living, and steps-to-the-beach convenience are on your wish list, make it a point to see this home. Call to schedule a private tour today!

Details
Maps
General Property Info
Acreage: 0.07
Design: Beach House
Lot Size (SqFt): 25115
Apx SqFt(Htd/Cooled): 2801
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
Accessory Dwelling Unit: No
Lot Dimensions: 25.0 ft x 115.0 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 3
Total Baths: 4
Year Built: 2005
Contract Info
List Price/SqFt: 317.57
Status: Active
List Date: 2026-08-17
List Price: $889,500
Current Price: $889,500
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Travel east on Thomas Dr towards State Park. Property on right between Biltmore and Hurt Street.
Area: 03 - Bay County - Beach
Street #: 5405
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Gulf Lagoon Beach
Parcel ID: 32303-000-000
Legal Description: GULF LAGOON BEACH PT OF LOT 22 BLK 7 DESC AS: COM AT THE NWLY COR LOT 22 TH SELY 25' FOR POB TH SWLY 60.30 SELY 2.04' SWLY 11.90' NWLY 4' SWLY 11.90' SELY 1.97' SWLY 30.90' SELY 25' NELY 115' NWLY 25' TO POB ORB 4553 P 95
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 6317.89
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: Located just steps from the sugar-white sands of Panama City Beach's quiet east end, this beach home combines the best of location, functionality, and flexibility. With no HOA and the freedom to offer short-term rentals, this property is ideal for a serene retreat, full-time residence, or vacation rental. The thoughtfully designed layout spans multiple levels, ensuring both privacy and spaces for gathering. The first floor features three bedrooms, two full baths with granite countertops, and a convenient laundry area. Ascend to the second floor to a spacious great room with cathedral ceilings, beautiful hardwood floors, and an open kitchen. Stainless steel appliances, a kitchen island and breakfast bar make this space functional and inviting - perfect for hosting or enjoying casual meals. Step out onto the second-floor balcony to enjoy a morning coffee or the evening breezes. The master suite on this level creates a private sanctuary, complete with a well-appointed bathroom featuring a walk-in shower and separate water closet. On the third floor, you will find another balcony and a versatile loft area that can be transformed according to your needs - whether as an additional bedroom, game room, or entertainment hub. Outside, the fenced yard and patio area provide a private space for relaxation or gatherings. Located just a short stroll from local favorites like Schooner's and a quick drive to St Andrews State Park, marinas, golf, shopping and dining, this home offers the perfect blend of peaceful seclusion and convenient access to attractions. If versatile design, spacious living, and steps-to-the-beach convenience are on your wish list, make it a point to see this home. Call to schedule a private tour today!
Family Room
Second: 1
Loft
Third: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Ice Maker: 1
Oven - Electric: 1
Range - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Interior Features
Floor - Tile: 1
Floor - Vinyl Plank: 1
Security System: 1
Construction/Siding
Siding - Stucco: 1
Exterior
Balcony: 1
Fenced Back Yard: 1
Hurricane Shutters: 1
Shower: 1
Porch Covered: 1
Storm Doors: 1
Furnished
Furnished: 1
Interior
Bunk Room: 1
Smart Home: 1
Kitchen
Second: 1
Lot Features
Within 1/2 Mile to Water: 1
Parking Features
Garage Attached: 1
Rooms
Bedroom: 1
Family Room: 1
Kitchen: 1
Loft: 1
Primary Bedroom: 1
Showing
ShowingTime: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Primary Bedroom
Second: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Electric: 1
Primary Bdrm/Primary Bath
MBath Double Vanity: 1
MBath Walk-In Closet: 1
Security Features
Security System: 1
Property Features
Appliances: Dishwasher; Disposal; Dryer; Ice Maker; Oven - Electric; Range - Electric; Refrigerator; Washer; Water Heater - Electric
Primary Bedroom: Second
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Electric
Exterior: Balcony; Fenced Back Yard; Hurricane Shutters; Shower; Porch Covered; Storm Doors
Furnished: Furnished
Interior: Bunk Room; Smart Home
Kitchen: Second
Lot Features: Within 1/2 Mile to Water
Family Room: Second
Loft: Third
Security Features: Security System
Parking Features: Garage Attached
Rooms: Bedroom; Family Room; Kitchen; Loft; Primary Bedroom
Showing: ShowingTime
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
Room Name Level Dimensions Length Width
Primary BedroomSecond15 x 1115.0011.00
BedroomFirst12 x 1212.0012.00
BedroomFirst11 x 1011.0010.00
BedroomFirst10 x 1010.0010.00
LoftThird18 x 1818.0018.00
Family RoomSecond18 x 1818.0018.00
KitchenSecond10 x 1010.0010.00

Listing Office: Berkshire Hathaway HomeServices Beach Properties of Florida

Last Updated: August - 20 - 2026

Information deemed reliable but not guaranteed.