5301 Thomas Drive 43, Panama City Beach, FL 32408 (MLS# 622703)

5301 Thomas Drive 43, Panama City Beach, FL 32408

$98,000

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 562 Status: Sold

Current Price: $98,000 List Date: 1/13/2015 Last Modified: 7/17/2026

Overview

Description

TAKE ANOTHER LOOK. NEWLY PAINTED AND UPDATED ALL NEW PHOTOS..Wow what a great opportunity ground floor only steps to the beach access #6. It doesn’t get easier than this. Low density family oriented property with only 24 units. LOW ASSOCIATION FEES! Have the gulf experience without the high insurance and taxes. Great rental history and on-site rental office for convenience. Parking directly in front of your unit no elevators or stairs. Condo is completely furnished and turnkey ready for your enjoyment. NEW WASHER/DRYER! New tile floors and JUST PAINTED in a beautiful coastal color! Wonderful

Listing Details MLS# 622703

Contract Info

List Price/SqFt: 177.58

Location

Area: 03 – Bay County – Beach
Street #: 5301
Street Name: Thomas
Street Suffix: Drive
Unit #: 43
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Merrimac Resort Condo Ph 1
Parcel ID: 32383-009-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Property entrance is located on Thomas Drive 2 blocks west of Schooners. This unit is on Gulf Drive. Starting at the Hathaway Bridge go south on Thomas Drive continue past Grand Lagoon turning right at light still on Thomas Drive property is located 2 blocks past light on the south side of Thomas Drive
Legal Description: MERRIMAC RESORT CONDO PH II UNIT 43 ORB 2052 P 1363 1BR 1B 562 H&C (FYI OLD ADDRESS 5302 GULF DR)

General Property Info

Sub-Type: Condominium
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 562
SqFt Source: Prop App Site
Full Baths: Yes
Total Baths: Yes
Year Built: 2000
Immediate Occupancy: Yes
Construction Status: Construction Complete
Assigned Spaces: Yes
Lot Dimensions: NO LAND

Status Change Info

Under Contract Date: 2015-01-13
Sold Date: 2015-01-27
Sold Price/SqFt: 174.38

Listing Info, Tax and Legal

Homestead: No
HOA Fee: Yes
HOA Amount: 963
HOA Frequency: Quarterly
HOA Annual Amount: 3852
Is Subject Leased: No
Last Taxes: 984
Last Tax Year: 2013
Section: 16
Township: 4S
Range: 15W
Condo Doc: Yes

Remarks & Misc

Remarks: TAKE ANOTHER LOOK. NEWLY PAINTED AND UPDATED ALL NEW PHOTOS..Wow what a great opportunity ground floor only steps to the beach access #6. It doesn't get easier than this. Low density family oriented property with only 24 units. LOW ASSOCIATION FEES! Have the gulf experience without the high insurance and taxes. Great rental history and on-site rental office for convenience. Parking directly in front of your unit no elevators or stairs. Condo is completely furnished and turnkey ready for your enjoyment. NEW WASHER/DRYER! New tile floors and JUST PAINTED in a beautiful coastal color! Wonderful

More Information

Pool Features

Inground: Yes

Appliances

Dryer: Yes
Range – Electric: Yes
Self Cleaning Oven: Yes
Washer: Yes

Interior Features

Window – Treatment All: Yes

Construction/Siding

Concrete: Yes
Foundation – Slab on Grade: Yes
Roof – Composite Shngl: Yes
Siding – Stucco: Yes

Existing Leases

Daily/Weekly: Yes
Month To Month: Yes

Exterior

Porch: Yes
Porch Covered: Yes

Association Fees Include

Accounting: Yes
BBQ Pit/Grill: Yes
Dumpster: Yes
Ground Keeping: Yes
Insurance: Yes
Internet-WiFi: Yes
Legal: Yes
Management: Yes
Pavilion/Gazebo: Yes
Pest Control: Yes
Pool: Yes
Sewer: Yes
TV Cable: Yes
Water: Yes

Financing

Cash: Yes
Conventional: Yes

Living Room

First: Yes

Lot Features

Coastal Construction Control Line: Yes
Within 1/2 Mile to Water: Yes

Parking Features

Space/Unit: Yes

Present Zoning

Resid Multi-Family: Yes

Association Amenities

BBQ Pit/Grill: Yes
Dumpster: Yes
Pavilion/Gazebo: Yes
Picnic Area: Yes
Other – See Remarks: Yes

Rooms

Living Room: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Lift Station: Yes
Water Connected: Yes
Other – See Remarks: Yes

Waterview

Gulf: Yes

Primary Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Multi Units: Yes
Window Unit(s): Yes

Heating

Furnace – Wall: Yes

Floors in Unit/Home

Three Or More: Yes

Security Features

Fire Alarm: Yes
Smoke Detector(s): Yes

Special List Prov

Condo Association: Yes

Property Features

Appliances: Dryer; Range – Electric; Self Cleaning Oven; Washer Primary Bedroom: First Cooling: Ceiling Fan(s); Multi Units; Window Unit(s) Heating: Furnace – Wall Existing Leases: Daily/Weekly; Month To Month Exterior: Porch; Porch Covered Association Fees Include: Accounting; BBQ Pit/Grill; TV Cable; Dumpster; Insurance; Internet-WiFi; Legal; Ground Keeping; Management; Pavilion/Gazebo; Pest Control; Pool; Sewer; Water Financing: Cash; Conventional Living Room: First Lot Features: Coastal Construction Control Line; Within 1/2 Mile to Water Pool Features: Inground Security Features: Fire Alarm; Smoke Detector(s) Parking Features: Space/Unit Association Amenities: BBQ Pit/Grill; Dumpster; Pavilion/Gazebo; Picnic Area; Other – See Remarks Rooms: Living Room; Primary Bedroom Special List Prov: Condo Association Utilities: TV Cable; Electricity – Connected; Garbage; Lift Station; Water Connected; Other – See Remarks Waterview: Gulf Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	22 x 14	22.00	14.00
Primary Bedroom	First	16 x 14	16.00	14.00

Listing Office: Shorelines Real Estate LLC

Last Updated: July – 17 – 2026

Information deemed reliable but not guaranteed.