5229 Thomas Drive, Panama City Beach, FL 32408

$874,900
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,345 Status: Pending
Current Price: $874,900 List Date: 1/03/2026 Last Modified: 2/11/2026

Description

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. This 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.

More Information MLS# 783167

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 188.5 HOA Frequency: Quarterly HOA Annual Amount: 754 New Buyer Fee: Yes New Buyer Fee Amt: 1000 Last Taxes: 2009 Last Tax Year: 2025 Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 373.09 Status: Pending List Date: 2026-01-05 List Price: $874,900 Current Price: $874,900

Location

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 restaurrant on Thomas Dr Area: 03 – Bay County – Beach Street #: 5229 Street Name: Thomas Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Subdivision: Gulf Lagoon Beach Parcel ID: 40001-804-001 Legal Description: 5229 THOMAS DRIVE, A LAND CONDOMINIUM UNIT A ORB 4954 P 1945 LAND 3300 SF

General Property Info

Design: Duplex Apx SqFt(Htd/Cooled): 2345 Construction Status: To Be Built SqFt Source: Builders Plans Half Baths: 1 # of Stories in Building: 3 # of Units in Bldg: 2 Lot Dimensions: 30 x 110 New Construction: Yes Garage Y/N: No Pool: Yes Pool Type: Private Sub-Type: Attached Single Unit Bedrooms: 4 Full Baths: 4 Total Baths: 5 Year Built: 2026

Remarks & Misc

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. This 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.

Covered Porch

Third: 1

Dining Room

First: 1

Appliances

Dishwasher: 1 Disposal: 1 Microwave: 1 Oven – Electric: 1 Range – Electric: 1

Interior Features

Floor – Vinyl Plank: 1 Stairs: 1

Construction/Siding

Roof – Metal: 1

Exterior

Balcony: 1 Deck Covered: 1 Double Pane Windows: 1

Association Fees Include

Ground Keeping: 1

Financing

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Furnished

Unfurnished: 1

Interior

Bunk Room: 1

Living Room

First: 1

Lot Access

City Street: 1

Rooms

Covered Porch: 1 Dining Room: 1 Living Room: 1 Master Bedroom: 1

Utilities

Garbage: 1

Master Bedroom

Second: 1

Cooling

Central Air: 1

Heating

Central: 1

Status Change Info

Under Contract Date: 2026-02-06

Property Features

Appliances: Dishwasher; Disposal; Microwave; Oven – Electric; Range – Electric Master Bedroom: Second Cooling: Central Air Heating: Central Exterior: Balcony; Deck Covered; Double Pane Windows Association Fees Include: Ground Keeping Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Interior: Bunk Room Living Room: First Lot Access: City Street Covered Porch: Third Dining Room: First Rooms: Covered Porch; Dining Room; Living Room; Master Bedroom Utilities: Garbage

Room Information

Dining Room Level: First Dimensions: 15 x 14.9 Length: 15.00 Width: 14.90 Dimensions: 15 x 14.9 Living Room Level: First Dimensions: 18.11 x 13.5 Length: 18.11 Width: 13.50 Dimensions: 18.11 x 13.5 Master Bedroom Level: Second Dimensions: 12.11 x 12.5 Length: 12.11 Width: 12.50 Dimensions: 12.11 x 12.5 Covered Porch Level: Third Dimensions: 18.8 x 11.3 Length: 18.80 Width: 11.30 Dimensions: 18.8 x 11.3
Listing Office: TH Coastal Realty
Last Updated: February – 11 – 2026
Information deemed reliable but not guaranteed.