5405 Thomas Drive, Panama City Beach, FL 32408

New Listing
$889,500
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,801 Lot Size (sq. ft.): 25,115 Status: Active
Current Price: $889,500 List Date: 8/19/2026 Last Modified: 8/19/2026

Overview

Description

Located just steps from the sugar-white sands of Panama City Beach's quiet east end, this beach home combines the best of location, functionality, and flexibility. With no HOA and the freedom to offer short-term rentals, this property is ideal for a serene retreat, full-time residence, or vacation rental. The thoughtfully designed layout spans multiple levels, ensuring both privacy and spaces for gathering. The first floor features three bedrooms, two full baths with granite countertops, and a convenient laundry area. Ascend to the second floor to a spacious great room with cathedral ceilings, beautiful hardwood floors, and an open kitchen. Stainless steel appliances, a kitchen island and breakfast bar make this space functional and inviting – perfect for hosting or enjoying casual meals. Step out onto the second-floor balcony to enjoy a morning coffee or the evening breezes. The master suite on this level creates a private sanctuary, complete with a well-appointed bathroom

Listing Details MLS# 794319

Contract Info

List Price/SqFt
317.57

Location

Area
03 – Bay County – Beach
Street #
5405
Street Name
Thomas
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Gulf Lagoon Beach
Community/Resort
None
Waterfront
No
Parcel ID
32303-000-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
Travel east on Thomas Dr towards State Park. Property on right between Biltmore and Hurt Street.
Legal Description
GULF LAGOON BEACH PT OF LOT 22 BLK 7 DESC AS: COM AT THE NWLY COR LOT 22 TH SELY 25' FOR POB TH SWLY 60.30 SELY 2.04' SWLY 11.90' NWLY 4' SWLY 11.90' SELY 1.97' SWLY 30.90' SELY 25' NELY 115' NWLY 25' TO POB ORB 4553 P 95

General Property Info

Sub-Type
Detached Single Family
Design
Beach House
Apx SqFt(Htd/Cooled)
2801
SqFt Source
Prop App Site
Full Baths
3
Half Baths
Yes
Total Baths
4
Accessory Dwelling Unit
No
Year Built
2005
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
Yes
Lot Dimensions
25.0 ft x 115.0 ft
Acreage
0.07
Lot Size (SqFt)
25115
Pool
No

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
6317.89
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
Located just steps from the sugar-white sands of Panama City Beach's quiet east end, this beach home combines the best of location, functionality, and flexibility. With no HOA and the freedom to offer short-term rentals, this property is ideal for a serene retreat, full-time residence, or vacation rental. The thoughtfully designed layout spans multiple levels, ensuring both privacy and spaces for gathering. The first floor features three bedrooms, two full baths with granite countertops, and a convenient laundry area. Ascend to the second floor to a spacious great room with cathedral ceilings, beautiful hardwood floors, and an open kitchen. Stainless steel appliances, a kitchen island and breakfast bar make this space functional and inviting – perfect for hosting or enjoying casual meals. Step out onto the second-floor balcony to enjoy a morning coffee or the evening breezes. The master suite on this level creates a private sanctuary, complete with a well-appointed bathroom featuring a walk-in shower and separate water closet. On the third floor, you will find another balcony and a versatile loft area that can be transformed according to your needs – whether as an additional bedroom, game room, or entertainment hub. Outside, the fenced yard and patio area provide a private space for relaxation or gatherings. Located just a short stroll from local favorites like Schooner's and a quick drive to St Andrews State Park, marinas, golf, shopping and dining, this home offers the perfect blend of peaceful seclusion and convenient access to attractions. If versatile design, spacious living, and steps-to-the-beach convenience are on your wish list, make it a point to see this home. Call to schedule a private tour today!

Family Room

Second
Yes

More Information

Loft

Third
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Ice Maker
Yes
Oven – Electric
Yes
Range – Electric
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Electric
Yes

Interior Features

Floor – Tile
Yes
Floor – Vinyl Plank
Yes
Security System
Yes

Construction/Siding

Siding – Stucco
Yes

Exterior

Balcony
Yes
Fenced Back Yard
Yes
Hurricane Shutters
Yes
Shower
Yes
Porch Covered
Yes
Storm Doors
Yes

Furnished

Furnished
Yes

Interior

Bunk Room
Yes
Smart Home
Yes

Kitchen

Second
Yes

Lot Features

Within 1/2 Mile to Water
Yes

Parking Features

Garage Attached
Yes

Rooms

Bedroom
Yes
Family Room
Yes
Kitchen
Yes
Loft
Yes
Primary Bedroom
Yes

Showing

ShowingTime
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Primary Bedroom

Second
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Electric
Yes

Primary Bdrm/Primary Bath

MBath Double Vanity
Yes
MBath Walk-In Closet
Yes

Security Features

Security System
Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Ice Maker; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric Primary Bedroom: Second Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Electric Exterior: Balcony; Fenced Back Yard; Hurricane Shutters; Shower; Porch Covered; Storm Doors Furnished: Furnished Interior: Bunk Room; Smart Home Kitchen: Second Lot Features: Within 1/2 Mile to Water Family Room: Second Loft: Third Security Features: Security System Parking Features: Garage Attached Rooms: Bedroom; Family Room; Kitchen; Loft; Primary Bedroom Showing: ShowingTime Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name Level Dimensions Length Width
Primary Bedroom Second 15 x 11 15.00 11.00
Bedroom First 12 x 12 12.00 12.00
Bedroom First 11 x 10 11.00 10.00
Bedroom First 10 x 10 10.00 10.00
Loft Third 18 x 18 18.00 18.00
Family Room Second 18 x 18 18.00 18.00
Kitchen Second 10 x 10 10.00 10.00
Listing Office: Berkshire Hathaway HomeServices Beach Properties of Florida
Last Updated: August – 19 – 2026
Information deemed reliable but not guaranteed.