active Listed As-Is

5312 Thomas Drive, Panama City Beach, FL 32408

$945,000

Reduced $32,500 from the original list price of $977,500

4Beds
4Baths
2,396Sq Ft
0.08Acres
2006Year Built
—/moHOA
On site 363 days — 545 days cumulative across relistings
See the full community guide Lower Grand Lagoon Beachfront →

Details

Coastal style · Fully furnished · Short-term rental allowed

Nearby Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Property Details

Gulf view · fiber cement siding construction · Currently tenant-occupied

About This Home

Luxury 3-Story GULF VIEW BEACH HOME with Heated Saltwater Pool | STR | No HOA | No Flood | Turnkey | Vacation-Lifestyle Ready - PLUS a $10,000 BUYER CREDIT at Closing! HIGH-YIELD INCOME POTENTIAL + TAX BENEFITS SAVINGS for this one or both properties for Sale SIDE-BY-SIDE. Attention Investors, Beach & Pool Lovers! This 3-story Retreat is fully furnished, turnkey, and short-term rental ready with NO HOA or Flood. Just steps from the Emerald Beach, sand, local dining, attractions and Rick Seltzer Park, this property offers a rare blend of luxury living and strong rental potential. Featuring 4 bedrooms including a bonus bunk/wet bar/game room, 3 ensuite baths & 2 half baths, the home comfortably sleeps 14 guests (or up to 29 when purchased with the side-by-side ''sister'' home for sale). Guests will love the multiple balconies with Gulf Views, private heated saltwater pool, outdoor shower, 2 grills, and matching patio & dining sets -- an entertaining masterpiece. Inside, enjoy an open-concept main level with living, dining, kitchen & laundry room featuring stainless appliances, and LVP floors. The primary poolside 1st master bedroom with double vanity en-suite bath and private, large walk-in closet with a twin bunk are on the 1st floor. On the 2nd floor, you'll find 2 bedrooms. The 2nd master with double vanity en-suite bath, private balcony & sitting area and the 3rd bedroom with 2 queens, double vanity en-suite Bath + private balcony await. The 3rd floor offers the 4th, including bonus room & Gulf View balcony, bunks, queen bed, wet bar, and arcade games. With 10' ceilings, LVP & Hardwood floors, Hurricane Windows, Hardie siding, Metal Roof, and parking for 4 vehicles + golf cart, this home was designed for both comfort and durability. Steps from dining, marinas, and attractions--this is a prime investment and luxury retreat in one! An Entertaining & Vacation MASTERPIECE! $$$ INVESTORS $$$ HIGH-YIELD INCOME POTENTIAL for this one or both properties! BONUS: The sister property next door (also for sale) sleeps 15. Together, both homes host 29 guests total, each with identical layouts, pools, and furnishings. Unmatched portfolio or multi-home investor package opportunity! Schedule your showing today! GRI: Rental Revenue for 2024 & 2025 are available upon request.

Interior, Amenities & More

Interior Features: Balcony, Double Vanity, Main Level Primary, Separate Shower, Walk In Closets

Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker

Pool: Fenced, Electric Heat, In Ground, Salt Water, Private

Security: Fire Sprinkler System, Fire Alarm, Smoke Detectors

Cooling: Central Air, Ceiling Fans, Energy Star Qualified Equipment

Square Footage Source: Appraiser

Similar Properties Recently Sold

$265,000
2 bd · 2 ba · 1,158 sqft
Sold Sep 14, 2026
Holiday Beach Unit 8
$450,000
3 bd · 2 ba · 1,350 sqft
Sold Sep 8, 2026
Holiday Beach Unit 6
$260,000
2 bd · 2.5 ba · 1,158 sqft
Sold Sep 2, 2026
Biltmore Beach
$460,000
2 bd · 2 ba · 1,176 sqft
Sold Aug 27, 2026
Holiday Beach Unit 8
$140,000
— bd · — ba · — sqft
Sold Aug 21, 2026
Biltmore Beach 1st Add
$405,000
3 bd · 2 ba · 1,362 sqft
Sold Aug 21, 2026
Holiday Beach Unit 8

Ask About This Home

Required

Call (850) 866-1149

Listed by Shelly M Callaway, CENTURY 21 Ryan Realty Inc · callshellnow@gmail.com

Equal Housing Opportunity
Equal Housing
Opportunity
Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.