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5237 Thomas Drive #A B

Panama City, FL 32408
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Bed 10

Bed

Bath 10

Bath

Acres0.13

Acre(Lot)

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 dri ves 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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,230,000

AD Id : 86120013

MLS Id : 791806

Beds : 10

Lot Size : 0.13 Acre

Year Built : 2025

County : Bay

Subdivision: 4th Addn To Palm Springs

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Map

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 10 Full Baths: 8 Half Baths: 2

    Room Information

    Rooms Total: 10

    Roofing Information

    Metal
  • Interior Features

    UpperLevelPrimary
    Roof: Metal
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, Fireplaces Has Cooling: Yes Cooling: CentralAir, CeilingFans, EnergyStarQualifiedEquipment

  • Building Information

    Year Built: 2025
    Building Area Total: 5156
    Construction Materials: Other, WoodFrame
    Stories: 3
    Patio And Porch Features: Balcony, Deck, Covered, Patio, Porch
    Pool Features: InGround, SaltWater, Private
    Private Pool: Yes
    View: Gulf
  • Exterior Features

    Exterior Features: Barbecue, CoveredPatio, OutdoorShower

  • Lot Information

    Lot Dimensions: 50.0 ft x 110.0 ft Main Square Feet: 0.13 Lot Size Acres: 0.13 Lot Size Square Feet: 5,227 Lot Description: SprinklerSystem

    Property Information

    Subdivision: No Named Subdivision Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Zoning Description: City, Commercial Property SubType: Duplex Levels: ThreeOrMore Property Age: 1

  • Listing Price Information

    Listing Price: $2230000

  • Tax Information

    Parcel Number: 32375-000-000 Tax Year: 2025 Tax Legal Desc: GULF LAGOON BEACH LOT 3 BLK 18 ORB 4705 P 2250

  • School Information

    Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold
  • Location Information

    Direction: Please take south off HWY 98 onto Thomas Drive toward the beach. On junction with South Thomas drive make a right and drive about 1 mile. House located on the right side of the road. Security Features: CarbonMonoxideDetectors,FireSprinklerSystem
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/28/2026 @ 04:47

MLS: 791806 LISTED BY: Christopher Jennings, CENTURY 21 AllPoints Realty 850-230-4514 SOURCE: CPAR

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