5312 Thomas Drive, Panama City Beach, FL 32408
$967,500
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
2,396
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$967,500
List Date:
9/12/2025
Last Modified:
2/25/2026
Description
Luxury 3-Story GULF VIEW BEACH HOME with Heated Saltwater Pool | STR | No HOA | No Flood | Turnkey | Vacation-Lifestyle Ready
$$$ INVESTORS $$$ HIGH-YIELD INCOME POTENTIAL for this one or both properties!
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.
More Information MLS# 778899
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 8426
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes
Contract Info
List Price/SqFt: 403.8
Status: Active
List Date: 2025-09-12
List Price: $967,500
Current Price: $967,500
Location
Sub Area: 0323 – Beach – South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: 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
General Property Info
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
Remarks & Misc
Remarks: Luxury 3-Story GULF VIEW BEACH HOME with Heated Saltwater Pool | STR | No HOA | No Flood | Turnkey | Vacation-Lifestyle Ready
$$$ INVESTORS $$$ HIGH-YIELD INCOME POTENTIAL for this one or both properties!
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.
Dining Room
First: 1
Pool Features
Fenced: 1
Heated – Electric: 1
Inground: 1
Saltwater: 1
Appliances
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
Interior Features
Floor – Hardwood: 1
Floor – Tile: 1
Floor – Vinyl Plank: 1
Construction/Siding
Foundation – Slab on Grade: 1
Roof – Metal: 1
Siding – Hardie Board: 1
Exterior
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
Financing
Cash: 1
Conventional: 1
Other: 1
Furnished
Furnished: 1
Interior
Bonus Room: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Landscaped: 1
Near Beach Access: 1
Near Public Boat Ramp: 1
Sidewalk: 1
Within 1/2 Mile to Water: 1
Parking Features
Driveway: 1
Oversized: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBed Balcony: 1
MBed Walk-in Closet: 1
Present Zoning
Resid Single Family: 1
Rooms
Bedroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Utilities
Cable – Available: 1
Electricity – Connected: 1
Garbage: 1
Natural Gas – Available: 1
Internet – Broadband Available: 1
Public Sewer – Connected: 1
Public Water – Connected: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Master Bedroom
First: 1
Second: 1
Bedroom
Second: 1
Third: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
ENERGY STAR Qualified Equipment: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Smoke Detector(s): 1
Property Features
Appliances: Cooktop – Electric; Dishwasher; Dryer; Ice Maker; Microwave; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric
Master Bedroom: First; Second
Bedroom: Second; Third
Cooling: Ceiling Fan(s); Central Air; ENERGY STAR Qualified Equipment
Exterior: Balcony; Built-in Barbecue/Grill; Deck Covered; Deck Open; Fenced Back Yard; Fenced Privacy; Shower; Patio Covered; Patio Open
Financing: Cash; Conventional; Other
Furnished: Furnished
Interior: Bonus Room
Kitchen: First
Living Room: First
Lot Features: Landscaped; Near Beach Access; Near Public Boat Ramp; Sidewalk; Within 1/2 Mile to Water
Dining Room: First
Pool Features: Fenced; Heated – Electric; Inground; Saltwater
Security Features: Fire Alarm; Fire Sprinkler System; Smoke Detector(s)
Parking Features: Driveway; Oversized
Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom
Sale Type: As Is
Utilities: Cable – Available; Electricity – Connected; Garbage; Internet – Broadband Available; Natural Gas – Available; Public Sewer – Connected; Public Water – Connected
Waterview: Gulf
Present Zoning: Resid Single Family
Room Information
Living Room
Level: First
Dimensions: 18 x 12
Length: 18.00
Width: 12.00
Dimensions: 18 x 12
Kitchen
Level: First
Dimensions: 12 x 8
Length: 12.00
Width: 8.00
Dimensions: 12 x 8
Dining Room
Level: First
Dimensions: 12 x 8
Length: 12.00
Width: 8.00
Dimensions: 12 x 8
Master Bedroom
Level: First
Dimensions: 15 x 14
Length: 15.00
Width: 14.00
Dimensions: 15 x 14
Master Bedroom
Level: Second
Dimensions: 22 x 12
Length: 22.00
Width: 12.00
Dimensions: 22 x 12
Bedroom
Level: Second
Dimensions: 18 x 12
Length: 18.00
Width: 12.00
Dimensions: 18 x 12
Bedroom
Level: Third
Dimensions: 18 x 14
Length: 18.00
Width: 14.00
Dimensions: 18 x 14
Remarks: Bunk/Loft/MiniBar
Listing Office:
CENTURY 21 Ryan Realty Inc
Last Updated: February – 25 – 2026
Information deemed reliable but not guaranteed.