5509 Thomas Dr, Panama City Beach, FL 32408

$1,349,900
4
BD
4
BA
2,561
SqFt

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List Price
$1,349,900
MLS#
1013303
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
4
Bathrooms
4
Living Area
2,561
Lot Size
5,662
Neighborhood
Beach - East

Property Description

Live the Panama City Beach lifestyle you've been dreaming of--just steps from the Gulf of America! Originally built as the developer's personal residence, this distinctive coastal home is ideally positioned on a desirable corner lot and offers 4 bedrooms and 3.5 bathrooms, including two spacious master suites with plenty of room and privacy for family and guests. Expansive wraparound balconies finished with beautiful brick pavers create an inviting extension of the living space--perfect for entertaining, relaxing in the coastal breeze, or taking in the Gulf views. A large inground pool provides your own private retreat for sunny Florida days and gatherings with family and friends. Located in a golf cart-friendly community near marinas, St. Andrews State Park, popular restaurants, shopping, and the beach, the location puts the best of Panama City Beach within easy reach. Short-term rentals are allowed, adding excellent flexibility for buyers seeking a primary residence, second home, or investment property. Rental projections indicate potential gross rental income upwards of $130,000 annually, subject to rental management, occupancy, rates, and market conditions. With its prime location, generous outdoor living spaces, private pool, Gulf views, and strong rental potential, this property offers an exciting opportunity to own a piece of the Panama City Beach lifestyle.

Additional Information

Acres
0.13
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Elementary School
Patronis
Exterior Features
Balcony, Private Yard
High School
Arnold
Interior Features
Kitchen Island, Recessed Lighting, Lock Out, Washer Hookup, Newly Painted
Legal Description
Gulf Lagoon Beachlot 13 Blk 7Orb 4339 P 2200
Lot Features
Corner Lot
Middle School
Breakfast Point
Neighborhood
Beach - East
Stories
2
Subdivision
Beachside
Year Built
2020
Zoning
City

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Calculator source: Real Geeks

Listing courtesy of Emerald Coast Realty Group.

Vendor Member Number : 28166