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

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 hom …

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.