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5237 Thomas Drive A & B, Panama City, FL 32408

Panama City, FL 32408
  • 10 Beds
  • 10 Baths
  • 5,156 Sq Ft
  • 2025 Built
  • MLS 791806

About this home

Thiѕ brand‐nеw, рurpοsе-built vacation rental duplex οn Thomaѕ 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.

Property details

Property typeDuplex
StatusActive
Area03 - Bay County - Beach
SubdivisionNo Named Subdivision
CityPanama City
CountyBay
Zip32408
StyleDuplex
Tax year2025
New constructionYes
ViewGulf
Special conditionsListedAsIs

Interior

Total rooms10
Full baths8
Half baths2
CoolingCentralAir,CeilingFans,EnergyStarQualifiedEquipment
HeatingCentral,Electric,Fireplaces
FireplaceYes
Interior featuresUpperLevelPrimary

Exterior & lot

Lot size0.13 acres
Lot dimensions50.0 ft x 110.0 ft
RoofMetal
Private poolYes
PoolInGround,SaltWater,Private
Road frontageCity Street
Exterior featuresBarbecue, Covered Patio, Outdoor Shower

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresBarbecue, Short Term Rental Allowed
DirectionsPlease 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.

Data source: Central Panhandle Association of REALTORS®

Location

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