5509 Thomas Drive, Panama City Beach, FL

$1,349,900

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4

Beds

4

Baths

2,561

Square feet

0.13

Acres

About 5509 Thomas Drive

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.

Features of 5509 Thomas Drive

MLS® # 1013303
Price $1,349,900
Bedrooms 4
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 2,561
Acres 0.13
Year Built 2020
Type Residential
Sub-Type Detached Single Family
Style Beach House
Status Active

Community Information

Address 5509 Thomas Drive
Area 27 - Bay County
Subdivision BEACHSIDE
City Panama City Beach
County Bay
State FL
Zip Code 32408

Amenities

Utilities Community Sewer, Electric
View Gulf
Has Pool Yes
Pool In Ground

Interior

Interior Features Hallway Bunk Beds, Kitchen Island, Recessed Lighting, Owner's Closet, Washer/Dryer Hookup, Woodwork Painted
Appliances Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Heating Central
Cooling Central Air
# of Stories 2

Exterior

Exterior Features Balcony, Private Yard
Lot Description Corner Lot
Roof Metal
Construction Wood Siding, Trim Wood

School Information

Elementary Patronis
Middle Breakfast Point
High Arnold

Additional Information

Zoning City

Listing Details

OfficeEmerald Coast Realty Group

Listing Map

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