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5522 Thomas Drive, Panama City, FL 32408 Active 1 / 23
$989,000

5522 Thomas Drive, Panama City, FL 32408

Panama City, FL 32408
  • 4 Beds
  • 4 Baths
  • 2,095 Sq Ft
  • 2019 Built
  • MLS 786911

About this home

Gulf-Viеw Coаѕtаl Retrеat | Ρrime Investment + Luxury Living Wеlcome tο your private tropical oasis--this beautifully updated and professionally designed home offers stunning Gulf views, exceptional indoor-outdoor living, and outstanding short-term rental potential in one of the most desirable areas along Thomas Drive. Thoughtfully curated with high-end finishes, lush landscaping, and inviting entertaining spaces, this property is built to impress both owners and guests alike. The open-concept living, dining, and kitchen area on the second floor is filled with natural light and flows seamlessly onto a spacious balcony--perfect for taking in Gulf views and coastal breezes. With two master suites plus two additional generously sized bedrooms, this home comfortably accommodates large groups, maximizing occupancy and rental income. The first-floor master suite features a private entrance and lock-out capability, creating the ideal setup for a separate rental unit or flexible guest quarters--an investor's dream for dual-income potential. Step outside to your own fenced backyard retreat, complete with a 7-person hot tub, designed for relaxation and memorable guest experiences that drive repeat bookings and top-tier reviews. Located just steps from the beach and minutes from dining, entertainment, and outdoor adventure--including St. Andrews State Park--this home offers the perfect balance of privacy and accessibility in a high-demand vacation market. Investment Highlights: • Strong Airbnb / VRBO income potential • Flexible lock-out floor plan for multiple revenue streams • Gulf views + walkable beach access (premium nightly rates) • Turnkey condition--ideal for immediate rental or personal use • Located in a proven high-demand vacation rental corridor. Whether you're looking for a high-performing investment or a luxurious coastal escape, this property truly offers the best of both worlds. (Buyer to verify all information and dimensions deemed important.)

Property details

Property typeSingleFamilyResidence
StatusActive
Area03 - Bay County - Beach
SubdivisionGulf Lagoon Beach
CityPanama City
CountyBay
Zip32408
StyleCoastal
Taxes$7,430
Tax year2025
ViewGulf

Interior

Total rooms4
Full baths3
Half baths1
AppliancesBarFridge,ElectricCooktop,ElectricOven
Interior featuresMainLevelPrimary

Exterior & lot

Lot size0.13 acres
Lot dimensions50 x 110
Exterior featuresDeck, Patio, Outdoor Shower

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresShort Term Rental Allowed
DirectionsHeading South on Thomas Drive from 98, cross the Grand Lagoon bridge by Captain Andersons. Follow Thomas Drive around to the West.

Data source: Central Panhandle Association of REALTORS®

Location

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