

5237 Thomas Drive #A & BPanama City, FL 32408
Multi-Family · 10 Beds · 8 Full Baths · 2 Half Baths · 5,156 Sq. ft. | 0.13 Acres5237 Thomas Drive #A & B Overview
- Time on Site:
- 5 days
- Visits:
- 0
This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one. Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat. Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style. The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point. Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!! Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed.
5237 Thomas Drive #A & B Facts & Features
- Type Multi-Family
- Sq. ft. 5,156
- Price/Sq.ft. $433
- Lot 0.13 Acres
Details
General
Association/HOA
- Association: false
School Information
- Elementary School: Patronis
- Middle Or Junior School: Surfside
- High School: Arnold
Building Information
- New Construction: true
- Year Built: 2025
Location/Region
- County Or Parish: Bay
- MLS Area Major: 03 - Bay County - Beach
- MLS Area Minor: 0323 - Beach - South of Grand Lagoon
- Postal City: Panama City
- Subdivision Name: No Named Subdivision
Community/Development
- Community Features: Barbecue,Short Term Rental Allowed
Tax Information
- Tax Year: 2025
General Information
- Parcel Number: 32375-000-000
- Property Sub Type: Duplex
- Property Type: Residential
- Special Listing Conditions: Listed As-Is
Interior
Parking Information
- Garage: false
Beds/Baths
- Bathrooms Full: 8
- Bathrooms Half: 2
- Bathrooms Total: 10
- Bedrooms Total: 10
Building Interior
- Building Area Total: 5156.0
General Information
- Fireplace Features: Electric
- Fireplace: true
- Interior Features: Upper Level Primary
- Levels: Three Or More
- Living Area Source: Appraiser
- Rooms Total: 10
- Security Features: Carbon Monoxide Detector(s),Fire Sprinkler System
- Stories: 3
- Stories Total: 3
- Units Furnished: All Units
Unit Information
- Unit Number: A & B
Exterior
Lot Information
- Lot Features: Sprinkler System
- Lot Size Acres: 0.13
- Lot Size Area: 0.13
- Lot Size Dimensions: 50.0 ft x 110.0 ft
- Lot Size Square Feet: 5227.0
- Lot Size Units: Acres
- Road Responsibility: Public Maintained Road
Waterfront/View
- Waterfront: false
Building Exterior/Construction
- Architectural Style: Duplex
- Attached Garage: false
- Construction Materials: Other,Wood Frame
- Patio And Porch Features: Balcony,Deck,Covered,Patio,Porch
- Roof: Metal
- Structure Type: Duplex
General Information
- Exterior Features: Barbecue,Covered Patio,Outdoor Shower
- Fencing: Fenced
- Number Of Units Total: 2
- Pool Features: In Ground,Salt Water,Private
- Pool Private: true
- Road Frontage Type: City Street
- Sewer: Public Sewer
Room Information
Room: Half Bath
- Level: First
- Dimensions: 8.5 x 3.3
- Length: 8.5
- Width: 3.3
- Description: Side B
Room: Half Bath
- Level: First
- Dimensions: 8.5 x 3.3
- Length: 8.5
- Width: 3.3
- Description: Side A
Room: Kitchen
- Level: First
- Dimensions: 18 x 20
- Length: 18.0
- Width: 20.0
- Description: Side B
Room: Kitchen
- Level: First
- Dimensions: 18 x 20
- Length: 18.0
- Width: 20.0
- Description: Side A
Room: Living Room
- Level: First
- Dimensions: 22 x 20
- Length: 22.0
- Width: 20.0
- Description: Side B
Room: Living Room
- Level: First
- Dimensions: 22 x 20
- Length: 22.0
- Width: 20.0
- Description: Side A
Room: Primary Bathroom
- Level: Second
- Dimensions: 16.1 x 6.1
- Length: 16.1
- Width: 6.1
- Description: Side B
Room: Primary Bathroom
- Level: Second
- Dimensions: 16.1 x 6.1
- Length: 16.1
- Width: 6.1
- Description: Side A
Room: Primary Bedroom
- Level: Second
- Dimensions: 12.6 x 13.4
- Length: 12.6
- Width: 13.4
- Description: Side B
Room: Primary Bedroom
- Level: Second
- Dimensions: 12.6 x 13.4
- Length: 12.6
- Width: 13.4
- Description: Side A
5237 Thomas Drive #A & B Neighborhood
Community
32408 (Panama City) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5237 Thomas Drive #A & B Monthly Cost
5237 Thomas Drive #A & B Market Data
Based on the last 30 days in this zip code
5237 Thomas Drive #A & B History
| Date | Value | Agent |
|---|---|---|
| 6/24/2026Source: Central Panhandle MLS | June 24, 2026 |