5509 Thomas Drive, Panama City, FL 32408
New Listing
$1,349,900
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,561
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$1,349,900
List Date:
9/30/2026
Last Modified:
9/30/2026
Overview
Description
…
(Read more)
Live the Panama City Beach lifestyle you’ve been dreaming of–just steps from the Gulf of America! Originally built as the developer’s personal residence, this distinctive coastal home is ideally positioned on a desirable corner lot and offers 4 bedrooms and 3.5 bathrooms, including two spacious master suites with plenty of room and privacy for family and guests.
Expansive wraparound balconies finished with beautiful brick pavers create an inviting extension of the living space–perfect for entertaining, relaxing in the coastal breeze, or taking in the Gulf views. A large inground pool provides your own private retreat for sunny Florida days and gatherings with family and friends.
Located in a golf cart-friendly community near marinas, St. Andrews State Park, popular restaurants, shopping, and the beach, the location puts the best of Panama City Beach within easy reach. Short-term rentals are allowed, adding excellent flexibility for buyers seeking a primary residence, second home, or investment property. Rental projections indicate potential gross rental income upwards of $130,000 annually, subject to rental management, occupancy, rates, and market conditions.
With its prime location, generous outdoor living spaces, private pool, Gulf views, and strong rental potential, this property offers an exciting opportunity to own a piece of the Panama City Beach lifestyle.
Listing Details MLS# 796073
Contract Info
- List Price/SqFt
- 527.1
Location
- Area
- 03 – Bay County – Beach
- Street #
- 5509
- Street Name
- Thomas
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32408
- County
- Bay
- Sub Area
- 0319 – Beach – East
- Subdivision
- Beachside
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 32296-020-000
- Elementary School
- Patronis
- Middle School
- Breakfast Point
- High School
- Arnold
- Directions
- East on Thomas Dr toward the east end of PCB. Property located at 5509 Thomas Dr near Beach Access #8 & #9, just west of Schooners.
- Legal Description
- GULF LAGOON BEACH LOT 13 BLK 7 ORB 4339 P 2200
General Property Info
- Sub-Type
- Attached Single Unit
- Design
- Beach House
- Apx SqFt(Htd/Cooled)
- 2561
- SqFt Source
- Builders Plans
- Full Baths
- 3
- Half Baths
- Yes
- Total Baths
- 4
- # of Stories in Building
- 2
- Accessory Dwelling Unit
- No
- Year Built
- 2020
- Immediate Occupancy
- Yes
- Construction Status
- Construction Complete
- New Construction
- No
- Garage Y/N
- No
- Lot Dimensions
- 50.0 ft x 115.0 ft
- Acreage
- 0.13
- Lot Size (SqFt)
- 5663
- Pool
- Yes
- Pool Type
- Private
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 10128.2
- Last Tax Year
- 2025
- Brokerage Interest
- Equitable Interest – Listing Broker/Salesperson has equitable interest in the property.
Remarks & Misc
- Remarks
- Live the Panama City Beach lifestyle you've been dreaming of–just steps from the Gulf of America! Originally built as the developer's personal residence, this distinctive coastal home is ideally positioned on a desirable corner lot and offers 4 bedrooms and 3.5 bathrooms, including two spacious master suites with plenty of room and privacy for family and guests. Expansive wraparound balconies finished with beautiful brick pavers create an inviting extension of the living space–perfect for entertaining, relaxing in the coastal breeze, or taking in the Gulf views. A large inground pool provides your own private retreat for sunny Florida days and gatherings with family and friends. Located in a golf cart-friendly community near marinas, St. Andrews State Park, popular restaurants, shopping, and the beach, the location puts the best of Panama City Beach within easy reach. Short-term rentals are allowed, adding excellent flexibility for buyers seeking a primary residence, second home, or investment property. Rental projections indicate potential gross rental income upwards of $130,000 annually, subject to rental management, occupancy, rates, and market conditions. With its prime location, generous outdoor living spaces, private pool, Gulf views, and strong rental potential, this property offers an exciting opportunity to own a piece of the Panama City Beach lifestyle.
Bunk Room
- Second
- Yes
More Information
Laundry
- First
- Yes
Pool Features
- Fenced
- Yes
- Inground
- Yes
Appliances
- Cooktop – Electric
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Oven – Electric
- Yes
- Refrigerator
- Yes
- Washer
- Yes
- Water Heater – Electric
- Yes
Interior Features
- Floor – Vinyl Plank
- Yes
- Kitchen Island
- Yes
- Lighting – Recessed
- Yes
Construction/Siding
- Roof – Metal
- Yes
- Siding – Hardie Board
- Yes
- Trim – Hardie Board
- Yes
Exterior
- Balcony
- Yes
- Shower
- Yes
- Patio Covered
- Yes
- Patio Open
- Yes
- Porch Covered
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Furnished
- Negotiable
- Yes
Interior
- Bunk Room
- Yes
Living Room
- First
- Yes
Lot Access
- City Street
- Yes
Parking Features
- Paver Block
- Yes
Present Zoning
- Resid Single Family
- Yes
Rooms
- Bunk Room
- Yes
- Laundry
- Yes
- Living Room
- Yes
- Primary Bedroom
- Yes
Utilities
- Public Sewer – Connected
- Yes
- Public Water – Connected
- Yes
Waterview
- Gulf
- Yes
Accessibility Features
- Accessible Bedroom
- Yes
- Accessible Central Living Area
- Yes
- Accessible Closets
- Yes
- Accessible Common Area
- Yes
- Accessible Doors
- Yes
- Accessible Entrance
- Yes
- Accessible Full Bath
- Yes
- Accessible Hallway(s)
- Yes
- Accessible Kitchen
- Yes
- Accessible Washer/Dryer
- Yes
- Central Living Area
- Yes
Sale Type
- As Is
- Yes
Primary Bedroom
- First
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
Heating
- Central
- Yes
Primary Bdrm/Primary Bath
- MBath Double Vanity
- Yes
- MBath Separate Shwr
- Yes
- MBed Walk-in Closet
- Yes
Property Features
Accessibility Features:
Accessible Bedroom; Accessible Central Living Area; Accessible Closets; Accessible Common Area; Accessible Doors; Accessible Entrance; Accessible Full Bath; Accessible Hallway(s); Accessible Kitchen; Accessible Washer/Dryer; Central Living Area
Appliances:
Cooktop – Electric; Dishwasher; Disposal; Dryer; Oven – Electric; Refrigerator; Washer; Water Heater – Electric
Primary Bedroom:
First
Cooling:
Ceiling Fan(s); Central Air
Heating:
Central
Exterior:
Balcony; Shower; Patio Covered; Patio Open; Porch Covered
Financing:
Cash; Conventional
Furnished:
Negotiable
Interior:
Bunk Room
Living Room:
First
Lot Access:
City Street
Bunk Room:
Second
Laundry:
First
Pool Features:
Fenced; Inground
Parking Features:
Paver Block
Rooms:
Bunk Room; Laundry; Living Room; Primary Bedroom
Sale Type:
As Is
Utilities:
Public Sewer – Connected; Public Water – Connected
Waterview:
Gulf
Present Zoning:
Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Primary Bedroom | First | 17 x 14 | 17.00 | 14.00 |
| Living Room | First | 20 x 18 | 20.00 | 18.00 |
| Bunk Room | Second | 14 x 8 | 14.00 | 8.00 |
| Laundry | First | 8 x 6 | 8.00 | 6.00 |
Listing Office:
Emerald Coast Realty Group
Last Updated: September – 30 – 2026
Information deemed reliable but not guaranteed.