5509 Thomas Drive, Panama City, FL 32408
- $1,349,900
- 4
- BD
- 4
- BA
- List Price
- $1,349,900
- Status
- ACTIVE
- Price Change
- ▼ $100,000 1790820036
- MLS#
- 796073
- Subtype
- Residential
- Style
- Coastal
- Year Built
- 2020
- Bedrooms
- 4
- Bathrooms
- 4
- Full Baths
- 3
- Half Baths
- 1
- Lot Size
- 5,663
- Acres
- 0.13
- Subdivision
- Beachside
- Neighborhood
- Beach - East
- MLS Area Major
- Bay County - Beach
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.
Additional Information
- Interior Features
- Double Vanity, Main Level Primary, Separate Shower, Walk-In Closet(s)
- Exterior Features
- Patio, Outdoor Shower
- Property Description
- Coastal
- Zoning
- Resid Single Family
- Flooring
- Plank, Vinyl
- Appliances
- Electric Cooktop, Electric Oven, Electric Water Heater
- Heating
- Central
- Air Conditioning
- Central Air, Ceiling Fan(s)
- Exterior Construction
- HardiPlank Type
- Stories
- 2
- Levels
- Two
- Roof
- Metal
- Pool
- Yes
- Elementary School
- Patronis
- Middle School
- Breakfast Point
- High School
- Arnold
Listing courtesy of Emerald Coast Realty Group.