5509 Thomas Drive, Panama City Beach, FL 32408

$1,349,900
  • 5509 Thomas Drive, Panama City Beach, FL 32408 Main Photo

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Active
BEDS4 BATHS3 full 1 partial SQUARE FEET2,561 MLS#1013303
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONBEACHSIDE

Property 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 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.

5509 Thomas Drive | MLS# 1013303

This single family home located at 5509 Thomas Drive, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $1,349,900. This property was built in 2020 and has 4 bedrooms and 3 full and 1 partial baths with 2561 sq. ft. Thomas Drive is located in the BEACHSIDE subdivision. Search BEACHSIDE real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Beach House
Lot Size: 0.13 Acres
Stories: 2.0
Taxes: $10,128
Year Built: 2020

Feature Descriptions

Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer, Water Heater - Elect
Days on Site: 14
Exterior: Siding Wood, Trim Wood
Exterior: Balcony, Fenced Back Yard
Financing Terms: Conventional, FHA, VA
Flooring: Floor Vinyl
Interior: Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owners Closet, Washer/Dryer Hookup, Woodwork Painted
Lot: Corner
Lot Dimensions: 50.0 ft x 115.0 ft
Parcel Number: 32296-020-000
Patio/Porch: Deck Covered, Porch
Pool Features: Pool - In-Ground, Pool Type
Property Condition: Construction Complete
Road Frontage: City Street
Road Surface: Paved
Rooms Total: 6
Sewer: Community Sewer
Special View Info: Gulf
Sub Type: Detached Single Family
Utilities: Electric

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: Emerald Coast Realty Group

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 4,242.01 per month $3,004.29 Principal & Interest $844.00 Property Tax $393.72 Homeowner's Insurance

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