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5309 Gulf Drive, Panama City Beach
$2,450,000
4 Beds ⋅ 3 Baths ⋅ 785010 MLS
Charming coastal retreat with timeless beach-house appeal, ideally located on the highly sought-after east end of Panama City Beach. This beautifully renovated 4-bedroom, 2.5-bath Gulf-front home sits on an expansive 50' x 250' lot and offers stunning Gulf views from most rooms, including the primary suite, secondary bedrooms, living room, and kitchen — plus more than 2,000 square feet of balconies and decks designed to soak in the scenery. The elevated design features a spacious lower level with dual garage bays, providing generous space for parking, storage, beach gear, and all your outdoor toys. Just beyond, the covered ground-level entertaining area is built for relaxation, complete with ample seating and swing seating — perfect for game days, gatherings with friends, or unwinding while enjoying the Gulf breeze and open views. Inside, a full renovation showcases exceptional craftsmanship and high-end designer finishes throughout. The kitchen and bathrooms feature Italian Carrara marble, Viking appliances, Kohler and Newport Brass fixtures, Ann Sacks and Aguayo tile, and custom details at every turn. The living area and kitchen are accented by stunning 200-year-old hand-hewn salvaged beams, blending historic character with modern coastal luxury. Smart home technology includes Control4 lighting and automation, security cameras, and integrated flat-screen TVs. Major upgrades provide peace of mind and efficiency, including all new hurricane-impact windows, solid shiplap interior walls, oak flooring, updated plumbing and wiring, a 5-ton HVAC system, hurricane strapping, and a durable metal roof. This home is truly turn-key and ready to enjoy. Whether you're searching for a primary residence, luxury vacation getaway, or high-performing investment property, this Gulf-front gem delivers the relaxed beach lifestyle buyers dream about — just bring your flip-flops and start living on island time.

5309 Gulf Drive, Panama City Beach

Listing courtesy of Counts Real Estate Group Inc.

Selling Office: Think Real Estate.

5203 Gulf Drive, Panama City Beach
$1,705,000
3 Beds ⋅ 2 Baths ⋅ 769972 MLS
***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS***Rooney's Beach House. This beach house has been entertaining families on Panama City Beach for years. The house comes in at just over 2,144 sq.ft. of living area according to the appraisal and features 3-bedrooms and 2-baths. (there is plenty of unused space that could easily become the 4th. bedroom and even a 3rd. bathroom with very little remodeling needed. This beach house overlooks the sparkling white sand and the crystal clear waters of the Gulf. The living area boasts an open floor plan to take advantage of the wonderful views. The kitchen, dining area, and family room all look out over the beach view. The oversized kitchen has plenty of counter space and cabinets. A large kitchen island offers more prep and storage space. The house currently has sleeping arrangements for 8 and as indicated in the remarks earlier there is plenty of room to put in an additional bedroom or bunkroom. A new roof and air conditioner in the past year should give you years of worry free living. There is a large covered deck area as well as a large open deck area, all looking out over the World's Most Beautiful Beaches. There is covered parking in both the garage and carport as well as extra parking in the driveway. Both the garage and carport are large enough to hold a golf cart. A workshop and storage area are also in the garage. Location, location, location. You are in walking distance to St. Andrews State Park as well as most of the area's marinas with their fishing, diving, and sightseeing fleets. The world famous Schooners Beach Restaurant is just a couple hundred yards away. Whether you are buying for investment or for family use our area has lots to offer our residents and visitors. Imagine sitting on your back deck sipping a cool beverage, watching the kids building a sandcastle and watching those magical sunsets. Life is good.

5203 Gulf Drive, Panama City Beach

Listing courtesy of Counts Real Estate Group Inc.

Selling Office: Keller Williams Success Realty.

5403 Gulf Drive, Panama City
$1,650,000
778820 MLS
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS A rare chance to own prime Gulf-front property in one of the most desirable stretches of Panama City Beach. This cleared 0.29-acre parcel sits directly beside from public beach access #7, offering unmatched visibility, walkability, and development potential. Zoned mixed-use, the property allows for a wide range of possibilities. With no HOA restrictions, public utilities near by, and paved road access, it's a straightforward site to bring your vision to life. Whether you're a developer, investor, or visionary builder and want to bring your dream home to life, 5403 Gulf Drive is your chance to create something extraordinary on Florida's Emerald Coast.

5403 Gulf Drive, Panama City

Listing courtesy of Think Real Estate.

Selling Office: NON-MEMBER OFFICE.

5518 Gulf Drive, Panama City
$1,300,000
4 Beds ⋅ 4 Baths ⋅ 787812 MLS
**CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS** Gulf views, directly across from the beach AND beach access--5518 Gulf Drive offers the ideal blend of location, space, and flexibility, making it ideal as second home rental investment, with the benefit of no HOA. Situated on a large corner lot on the east end of Panama City Beach, this home is designed with both comfort and functionality in mind. Newer construction and featuring a spacious living and kitchen area that opens to a private pool and a large patio with both covered and uncovered spaces--perfectly blending indoor and outdoor living for easy gathering and entertaining.The thoughtful layout includes two primary suites, along with two additional bedrooms with en suite baths, and 2 sets of full bunks - enhancing it's versatility to host large groups without sacrificing privacy. The private pool makes this a true vacation-style setting, while the front porch and expansive second-floor deck offer additional outdoor living spaces to enjoy Gulf views and coastal breezes. The corner lot provides ample parking--a rare and valuable feature this close to the beach. With short-term rentals allowed, a highly functional floor plan, and a location just moments from the sand, this property presents an exceptional opportunity to own your piece of paradise at the beach!

5518 Gulf Drive, Panama City

Listing courtesy of The Premier Property Group.

Selling Office: Pineapple Properties.

5416 Gulf Drive, Panama City Beach
$1,155,000
4 Beds ⋅ 4 Baths ⋅ 789061 MLS
'CURRENTLY UNDER CONTRACT WITH A SELLER KICK-OUT CLAUSE - SELLER WILL CONTINUE TO CONSIDER BACKUP OFFERS.' Luxury Gulf-View STR Investment Retreat with a Private Pool & 20 steps to Beach access. CAN SLEEP up to 16 ppl -- Maximizing FULL RENTAL POTENTIAL and ADR per night. *Currently sleeps 12 comfortably. Opportunities this close to the Gulf with this level of walkability, capacity, and rental appeal are limited. Prime Location. High STR Demand. Direct Gulf access with Private Pool. Investment-Grade Coastal Living. This is as close as you get to having the BEST of the BEST compared to any other. This exceptional 4BR/3.5BA Gulf-View coastal retreat offers a rare blend of refined beach living and high-performing investment potential--just 20 steps from the sugar-white sands and emerald waters of the Gulf. Welcome to a luxury property designed for those who expect more: Privacy, Proximity, and more return on lifestyle and short-term rental investment income potential. What truly sets this property apart is its rare proximity to the sandy Beaches--guests can step out the door and be on the beach in seconds. Combined with panoramic Gulf views, outdoor dining spaces, and a highly desirable layout, this home consistently checks the boxes that will drive higher nightly rates, strong occupancy, and repeat bookings. - Perfect vacation rental appeal with accommodations for up to 12 guests comfortably. - 20 Steps away from beach access (#8) with direct Gulf Views - Private pool with LED lighting at night (seasonally heated) - Walkable to beachfront dining including Schooner's beachfront Restaurant. - Minutes to St. Andrews State Park, Shell Island excursions, incredible dining, entertainment & all that Panama City Beach and 30a has to offer. - Strong appeal for short-term rental investors, second-home buyers, or luxury vacation ownership - Parking for up to 4 vehicles Designed for comfort, scale, and seamless indoor-outdoor living, this three-level home offers multiple entertaining zones, private retreats, and elevated Gulf-facing outdoor spaces. FIRST FLOOR: Entertain & Unwind A spacious open-concept layout anchors the home, featuring a large living area, dining space, and a fully equipped kitchen designed for hosting and comfort Ground-floor bedroom suite with private pool access. Full bath with dual access (guest + ensuite). Expansive laundry room with owner lockout storage. Direct access to private fenced pool, grilling, and lounge area. SECOND FLOOR: Elevated Comfort Primary Suite with king bed, Gulf-facing balcony, dual walk-in closets, a large ensuite bath with a spa-inspired jacuzzi bath featuring soaking tub, and separate walk-in tiled shower. Additional guest bedroom with bunk configuration (ideal for maximizing occupancy and rental revenue), full ensuite bath with abundant storage throughout. THIRD FLOOR: Premium Experience Level A standout feature for both lifestyle buyers and rental performance: Oversized 3 bunk suite + sleeper sofa. A mini wet bar and a mini fridge for convenience and entertaining. Expansive Gulf-View Terrace designed for sunset dining and elevated outdoor living. This upper-level balcony delivers the ''million-dollar view'' experience--panoramic Gulf vistas, coastal breezes, and unforgettable sunset exposures that will drive both guest satisfaction and repeat bookings. Morning coffee with ocean air. Afternoons by the pool or on the sandy Beach. Evenings defined by Gulf-Front sunsets painted in vivid coastal hues. This is more than a home--it's a fully immersive coastal asset designed to generate both memories and measurable returns.

5416 Gulf Drive, Panama City Beach

Listing courtesy of CENTURY 21 Ryan Realty Inc.

Selling Office: EXP Realty LLC.

5227 Thomas Drive, Panama City Beach
$924,000
4 Beds ⋅ 5 Baths ⋅ 789167 MLS
NO RENTAL RESTRICTIONS!!! This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations -- literally across the street from the sugar-white sands and shimmering Gulf waters. This home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool -- the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.

5227 Thomas Drive, Panama City Beach

Listing courtesy of TH Coastal Realty.

Selling Office: EXP Realty LLC.

5231 Thomas Drive, Panama City Beach
$899,900
5 Beds ⋅ 5 Baths ⋅ 793872 MLS
This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations -- literally across the street from the sugar-white sands and shimmering Gulf waters. This home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool -- the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.

5231 Thomas Drive, Panama City Beach

Listing courtesy of TH Coastal Realty.

Selling Office: Coldwell Banker Realty.

5233 Thomas Drive, Panama City Beach
$880,000
5 Beds ⋅ 5 Baths ⋅ 793129 MLS
This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations -- literally across the street from the sugar-white sands and shimmering Gulf waters. This home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool with a temperature control system -- the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.

5233 Thomas Drive, Panama City Beach

Listing courtesy of TH Coastal Realty.

Selling Office: Coldwell Banker Realty.

5229 Thomas Drive, Panama City Beach
$874,900
4 Beds ⋅ 5 Baths ⋅ 783167 MLS
NO RENTAL RESTRICTIONS!!! This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations — literally across the street from the sugar-white sands and shimmering Gulf waters. This home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool — the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.

5229 Thomas Drive, Panama City Beach

Listing courtesy of TH Coastal Realty.

Selling Office: Coldwell Banker Realty.

4010 Thomas Drive, Panama City Beach
$450,000
758163 MLS
Introducing an unparalleled opportunity for developers and investors alike: a prime commercial parcel nestled in the heart of Thomas Dr. with tons of visibility from the highway. This meticulously regulated zone boasts a maximum height allowance of 230 feet, providing the canvas for innovative vertical development that maximizes both space and potential. The parcel is across the Boating Marina, high end restaurants and nearby beach access. Situated within Tax District 56, this property enjoys the benefits of county limits, offering a strategic location with access to essential infrastructure and amenities. With a lot size meticulously defined, developers can envision their projects with precision, optimizing every inch of the available space. Adhering to zoning regulations, the property allows for a multitude of R1-5 uses, extending from the beach line. From boutique shops to vibrant eateries, the possibilities for commercial ventures are as diverse as the coastal landscape itself. What sets this property apart is its unique stipulation on coverage: only 75% of the lot may be utilized for pavement, sidewalks, and infrastructure. This requirement fosters a harmonious blend of urban functionality and aesthetic appeal, ensuring that development maintains a balance between utility and environmental consciousness. Upon establishing the building footprint, developers are granted a designated usable space. Within this boundary, creativity knows no bounds, as 75% of the area can be fully utilized to realize the vision for the property. Whether crafting a sleek office tower, a chic retail hub, or a dynamic mixed-use complex, the potential for transformative development is boundless. In summary, this commercial parcel offers more than just a piece of landit presents an opportunity to shape the skyline and redefine the fabric of the community. With its strategic location, meticulous zoning regulations, and expansive potential, this property stands as a beacon for those seeking to leave a lasting mark on the coastal landscape. Building is in process of being torn down into raw land in the next 2-4 weeks.

4010 Thomas Drive, Panama City Beach

Listing courtesy of Watersound Real Estate.

Selling Office: Counts Real Estate Group Inc.

5306 Thomas Drive Unit 3, Panama City Beach
$325,000
2 Beds ⋅ 2 Baths ⋅ 775596 MLS
SELLER ACCEPTING BACKUP OFFERS!!! --------PRICE IMPROVEMENT! SELLERS HIGHLY MOTIVATED!! Located in the heart of Panama City Beach, this fully remodeled townhome offers a perfect blend of modern living and beachside convenience. With all furnishings conveying with the sale (except a few sentimental items), this property is ready to serve as your next vacation rental or primary residence. The sellers are offering the property AS IS, giving you a unique opportunity to own a beautifully updated space in one of the most sought-after beach destinations including Seltzer Park that located within 5 minutes of the property. Property Highlights: Fully Remodeled: Rebuilt with care and attention to detail after Hurricane Michael in 2018, this townhome features new, stylish finishes throughout. Turnkey: Move in and start living the beach life—every piece of furniture stays with the home, creating an ideal setup for vacation rentals or a full-time residence. Prime Location: Just a 5-minute walk to the stunning sugary sands of Panama City Beach, where you can relax or enjoy water activities or the bountiful sun. Perfect for Investment: Whether you're looking for a vacation rental or a cozy primary home, this property offers the flexibility to meet your needs. AS IS Sale: The property is being sold AS IS, offering a great value for those looking to put their personal touch on a beach home. Local Attractions: Pier Park: A short drive away, this open-air shopping and entertainment complex is home to a variety of restaurants, shops, and fun attractions like the SkyWheel. St. Andrews State Park: One of the best nature parks in the area, perfect for hiking, fishing, and exploring wildlife. Zoo World: A family-friendly destination for animal encounters, exhibits, and , and feedings. Shell Island: Accessible by boat, this pristine, uninhabited island is a must-see for beach lovers and nature enthusiasts alike. Whether you're seeking the perfect vacation retreat or a full-time residence with easy access to the beach and local attractions, this remodeled townhome is ready for you to call home. Don't miss out on this opportunity to own a piece of this Floridian paradise! This property is already on a vacation rental program. This is one of TWO townhomes that the Sellers are listing.

5306 Thomas Drive Unit 3, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

Selling Office: Dalton Wade Inc.

5306 Thomas Drive Unit 4, Panama City Beach
$325,000
2 Beds ⋅ 2 Baths ⋅ 775595 MLS
SELLER ACCEPTING BACKUP OFFERS!!! --------PRICE IMPROVEMENT! SELLERS HIGHLY MOTIVATED!! Located in the heart of Panama City Beach, this fully remodeled townhome offers a perfect blend of modern living and beachside convenience. With all furnishings conveying with the sale (except a few sentimental items), this property is ready to serve as your next vacation rental or primary residence. The sellers are offering the property AS IS, giving you a unique opportunity to own a beautifully updated space in one of the most sought-after beach destinations. Property Highlights: Fully Remodeled: Rebuilt with care and attention to detail after Hurricane Michael in 2018, this townhome features new, stylish finishes throughout. Prime Location: Just a 5-minute walk to the stunning sugary sands of Panama City Beach, where you can relax or enjoy water activities or the bountiful sun. Perfect for Investment: Whether you're looking for a vacation rental or a cozy primary home, this property offers the flexibility to meet your needs. AS IS Sale: The property is being sold AS IS, offering a great value for those looking to put their personal touch on a beach home. Local Attractions: Pier Park: A short drive away, this open-air shopping and entertainment complex is home to a variety of restaurants, shops, and fun attractions like the SkyWheel. St. Andrews State Park: One of the best nature parks in the area, perfect for hiking, fishing, and exploring wildlife. Zoo World: A family-friendly destination for animal encounters, exhibits, and , and feedings. Shell Island: Accessible by boat, this pristine, uninhabited island is a must-see for beach lovers and nature enthusiasts alike. Whether you're seeking the perfect vacation retreat or a full-time residence with easy access to the beach and local attractions, this remodeled townhome is ready for you to call home. Don't miss out on this opportunity to own a piece of this Floridian paradise! This property is currently owner occupied. This is one of TWO townhomes that the Sellers are listing.

5306 Thomas Drive Unit 4, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

Selling Office: Dalton Wade Inc.

5628 Thomas Drive Unit 9, Panama City Beach
$268,000
2 Beds ⋅ 2 Baths ⋅ 784977 MLS
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'. RENTAL SEASON IS HERE! Now is the time to buy your investment property, put in your own touches, and get ready to make money or get ready to finally live the beach life you've always wanted! Short term rentals are allowed. There is no HOA, so no costly hoa dues or assessments!.Across the street from beach access #11, you can hear the waves, walk across and put your toes in the sand, watch the sunset every evening, pick from numerous local pub & grills to listen to live music out on the patios while you enjoy the sunshine, and so much more! This is your opportunity to have an affordable home or investment across the street from the world's most beautiful beaches!! BRING US AN OFFER! This adorable townhome has two bedrooms, one and one half baths, fresh paint throughout, 4 year old roof, new granite countertops in the kitchen, HVAC 2019, water heater 2019, lvp & tile flooring throughout. The back yard area has space for sitting and gardening areas, or even a jacuzzi. The only thing missing is you! This is a must see! Call your favorite realtor to schedule a showing! All information is approximate and should be verified by buyer if important.

5628 Thomas Drive Unit 9, Panama City Beach

Listing courtesy of World Impact Real Estate.

Selling Office: World Impact Real Estate.

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