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.