5509 Thomas Drive, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
5509 Thomas Drive,Panama City, FL 32408
$1,349,900
- 4 Beds
- 4 Baths
- 2,561 sq. ft.
- Single family
- Active
Listed by: dj t janovyak
Office: emerald coast realty group
MLS#:796073
Source:FL_BCMLS
Price summary
- Price:$1,349,900
- Price per sq. ft.:$527.1
About this home
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....
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Home facts
- Year built:2020
- Subdivision & Development:Beachside
- Listing ID #:796073
- Added:6 day(s) ago
- Updated:October 07, 2026 at 02:35 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:4
- Flooring:Plank, Vinyl
- Kitchen Description:Electric Cook Top, Electric Oven, Electric Water Heater
- Living area:2,561 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2020
- Building area:2,561 sq. ft.
- Lot area:0.13 Acres
- Architectural Style:Coastal
- Exterior Features:Balcony, Outdoor Shower, Patio, Porch
- Levels:2 Story
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,349,900
- Price per sq. ft.:$527.1
- Tax amount:$10,128 (2025)
Features and amenities
- Amenities:ElectricCooktop, ElectricOven, ElectricWaterHeater
- Pool features:Fenced, InGround, Private
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