5237 Thomas Drive A&B, Panama City, FL 32408 (MLS# 772367)

5237 Thomas Drive A&B, Panama City, FL 32408

$2,270,000

Drone view: steps to the beach with dedicated public beach accesses

Spacious, furnished and decorated living room Unit B

Spacious, furnished and decorated living room Unit B,fragment 1

Spacious, furnished and decorated living room Unit B, fragment 2

Spacious, furnished and decorated living room Unit B, fragment 3

Spacious, furnished and decorated living room Unit B, fragment 4

Spacious, furnished and decorated living room Unit B, fragment 5

Spacious, furnished and decorated living room Unit B, fragment 6

Conveniently located Washer and dryer Unit B

Master Bedroom 1 on second floor Unit B ( fragment)

5237 Unit B Full Bathroom on second floor

5237 Unit B Full Bathroom on second floor ( fragment)

Unit B 3rd bedroom on second floor ( fragment)

Second master bedroom on 3rd floor ( fragment)

3rd floor ( fragment)
Public 30
5237 Unit B Master bedroom 3rd floor No file chosen Master bathroom on 3rd floor ( fragment)

Built in Bunk bed room on 3rd floor ( fragment)

View on patio on 3rd floor with utility kitchen and built in fridge

Spacious patio on 3rd floor with ocean view

Spacious patio on 3rd floor with ocean view (fragment)

2 heated pools in both units A&B separated from each other for privacy and enjoyment

Public 42
5237 Unit B pool view No file chosen Pool view Unit B ( fragment)

Spacious, furnished and decorated living room Unit A, entrance view

Spacious, furnished and decorated living room Unit A. Fragment

Living room element and decoration fragments

Guest Bedroom #1 at 2 floor Unit A. Fragment

Conveniently located Washer and dryer Unit A second floor

Guest Bedroom #2 at 2 floor Unit A Fragment

Master bedroom #1 at second floor Unit A

Master bedroom #1 at second floor Unit A. Fragment

Master Bathroom unit A at second floor Fragment

Master bedroom #2 unit A at third floor. Fragment

Master bathroom #2 at third floor Fragment

Built in bunker bedroom at third floor. Unit A

Built in bunker bedroom at third floor. Unit A. Fragment

View on patio on 3rd floor with utility kitchen and built in fridge. Unit A

Spacious patio on 3rd floor with ocean view. Unit A

Spacious patio on 3rd floor with built in gas grill and ocean view. Unit A. Fragment

Spacious patio on 3rd floor with ocean view. Unit A. Fragment

2 heated pools separated from each other for privacy and enjoyment

Unit A -2 heated pools separated from each other for privacy and enjoyment. Fragment

Bird view : House, Beach and surroundings

Bird view : House, Beach and surroundings. Fragment

Property Type: Residential Bedrooms: 10 Baths: 10 Square Footage: 5,156 Status: Active

Current Price: $2,270,000 List Date: 4/01/2026 Last Modified: 4/01/2026

Overview

Description

Back on Market . Better then was before! Brand new 10 bedroom House . Turn key vacation rental business! Don't miss this exceptional opportunity to acquire a fully furnished stunning duplex featuring two private heated ( natural gas heaters)pools with remote controls for Owner on the big fenced lot separated by media fence for privacy for each duplex half . This brand-new House is strategically located and priced below appraisal value, offering an outstanding return on investment. Short and long term rentals are allowed and ready. Situated in a desirable beach neighborhood, this property is just moments away from pristine white sandy beaches, the beautiful St. Andrews Park, and a selection of renowned restaurants and shopping centers. The duplex is remarkably spacious, boasting 10 bedrooms (5 on each side) and 4 full and 1 half bathrooms on each side, along with two luxurious private pools and numerous premium extras, including a third-floor beach party space with br … (Read more) Back on Market . Better then was before! Brand new 10 bedroom House . Turn key vacation rental business! Don’t miss this exceptional opportunity to acquire a fully furnished stunning duplex featuring two private heated ( natural gas heaters)pools with remote controls for Owner on the big fenced lot separated by media fence for privacy for each duplex half . This brand-new House is strategically located and priced below appraisal value, offering an outstanding return on investment. Short and long term rentals are allowed and ready. Situated in a desirable beach neighborhood, this property is just moments away from pristine white sandy beaches, the beautiful St. Andrews Park, and a selection of renowned restaurants and shopping centers. The duplex is remarkably spacious, boasting 10 bedrooms (5 on each side) and 4 full and 1 half bathrooms on each side, along with two luxurious private pools and numerous premium extras, including a third-floor beach party space with breathtaking ocean views and built in natural gas grill. Fully furnished and decorated by the 2 leading designers ( interior and furniture) , House is turn key for rental operations. The interior features an expansive first floor with a stylish living area, a sleek modern kitchen, and a back porch patio. Step outside to find a meticulously paved private backyard with 2 an in-ground saltwater pools. On the second floor, experience the grandeur of a large master bedroom complete with an immaculate master bath, plus two guest bedrooms–one equipped with built-in bunk beds to accommodate younger travelers. The third floor offers another spacious master bedroom with an en-suite bath, along with an additional guest bedroom. The large balcony presents panoramic Gulf views and serves as the perfect space for grilling and entertaining, creating an ideal gathering spot. Each side of the duplex includes a dedicated laundry room with washer and dryer , ample storage, and luggage areas, making this property not just a home, but a premier investment opportunity. Must see to appreciate.

Listing Details MLS# 772367

Contract Info

List Price/SqFt: 440.26

Location

Area: 03 – Bay County – Beach
Street #: 5237
Street Name: Thomas
Street Suffix: Drive
Unit #: A&B
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 32375-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Please take south off HWY 98 onto Thomas Drive toward the beach. On junction with South Thomas drive make a right and drive about 1 mile. House located on the right side of the road.
Legal Description: GULF LAGOON BEACH LOT 3 BLK 18 ORB 4705 P 2250

General Property Info

Sub-Type: Duplex Multi-Units
Design: Duplex
Apx SqFt(Htd/Cooled): 5156
SqFt Source: An Appraiser
Full Baths: 8
Half Baths: 2
Total Baths: 10
# of Stories in Building: 3
Year Built: 2025
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: Yes
Garage Y/N: No
Driveway Spaces: 4
Lot Dimensions: 60×119
Pool: Yes
Pool Type: Private

Listing Info, Tax and Legal

Homestead: No
HOA Fee: No
Senior Community: No
New Buyer Fee: No
Last Taxes: 1674
Last Tax Year: 2024
Brokerage Interest: Equitable Interest – Listing Broker/Salesperson has equitable interest in the property.
As Is: Yes

Remarks & Misc

Remarks: Back on Market . Better then was before! Brand new 10 bedroom House . Turn key vacation rental business! Don't miss this exceptional opportunity to acquire a fully furnished stunning duplex featuring two private heated ( natural gas heaters)pools with remote controls for Owner on the big fenced lot separated by media fence for privacy for each duplex half . This brand-new House is strategically located and priced below appraisal value, offering an outstanding return on investment. Short and long term rentals are allowed and ready. Situated in a desirable beach neighborhood, this property is just moments away from pristine white sandy beaches, the beautiful St. Andrews Park, and a selection of renowned restaurants and shopping centers. The duplex is remarkably spacious, boasting 10 bedrooms (5 on each side) and 4 full and 1 half bathrooms on each side, along with two luxurious private pools and numerous premium extras, including a third-floor beach party space with breathtaking ocean views and built in natural gas grill. Fully furnished and decorated by the 2 leading designers ( interior and furniture) , House is turn key for rental operations. The interior features an expansive first floor with a stylish living area, a sleek modern kitchen, and a back porch patio. Step outside to find a meticulously paved private backyard with 2 an in-ground saltwater pools. On the second floor, experience the grandeur of a large master bedroom complete with an immaculate master bath, plus two guest bedrooms–one equipped with built-in bunk beds to accommodate younger travelers. The third floor offers another spacious master bedroom with an en-suite bath, along with an additional guest bedroom. The large balcony presents panoramic Gulf views and serves as the perfect space for grilling and entertaining, creating an ideal gathering spot. Each side of the duplex includes a dedicated laundry room with washer and dryer , ample storage, and luggage areas, making this property not just a home, but a premier investment opportunity. Must see to appreciate.

Master Bathroom

Second: Yes

More Information

Pool Features

Inground: Yes
Saltwater: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes

Interior Features

Floor – Tile: Yes

Construction/Siding

Wood/Frame: Yes
Roof – Metal: Yes
Siding – Other: Yes

Exterior

Balcony: Yes
Built-in Barbecue/Grill: Yes
Deck Covered: Yes
Fenced Back Yard: Yes
Shower: Yes
Patio Covered: Yes
Porch Covered: Yes
Sprinkler System: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Interior

Bunk Room: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Landscaped: Yes

Present Zoning

City: Yes
Commercial: Yes
Mixed Use: Yes

Rooms

Half Bathroom: Yes
Kitchen: Yes
Living Room: Yes
Master Bathroom: Yes
Master Bedroom: Yes

Utilities

Cable – Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes

Accessibility Features

Common Area: Yes
Visitable: Yes

Half Bathroom

First: Yes

Master Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
ENERGY STAR Qualified Equipment: Yes

Heating

Central: Yes
Electric: Yes
Fireplace – Electric: Yes

Security Features

Carbon Monoxide Detector: Yes
Fire Sprinkler System: Yes

Property Features

Accessibility Features: Common Area; Visitable Appliances: Dishwasher; Microwave; Range – Electric; Refrigerator Half Bathroom: First Master Bedroom: Second Cooling: Ceiling Fan(s); Central Air; ENERGY STAR Qualified Equipment Heating: Central; Electric; Fireplace – Electric Exterior: Balcony; Built-in Barbecue/Grill; Deck Covered; Fenced Back Yard; Shower; Patio Covered; Porch Covered; Sprinkler System Financing: Cash; Conventional Furnished: Furnished Interior: Bunk Room Kitchen: First Living Room: First Lot Features: Landscaped Master Bathroom: Second Pool Features: Inground; Saltwater Security Features: Carbon Monoxide Detector; Fire Sprinkler System Rooms: Half Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom Utilities: Cable – Available; Public Sewer – Connected; Public Water – Connected Waterview: Gulf Present Zoning: Commercial; Mixed Use

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Living Room	First	22 x 20	22.00	20.00	Side A .
Living Room	First	22 x 20	22.00	20.00	Side B
Kitchen	First	18 x 20	18.00	20.00	Side A
Kitchen	First	18 x 20	18.00	20.00	Side B
Half Bathroom	First	8.5 x 3.3	8.50	3.30	Side A
Half Bathroom	First	8.5 x 3.3	8.50	3.30	Side B
Master Bedroom	Second	12.6 x 13.4	12.60	13.40	Side A
Master Bedroom	Second	12.6 x 13.4	12.60	13.40	Side B
Master Bathroom	Second	16.1 x 6.1	16.10	6.10	Side A
Master Bedroom	Second	16.1 x 6.1	16.10	6.10	Side B

Listing Office: Prok Invest LLC

Last Updated: April – 01 – 2026

Information deemed reliable but not guaranteed.