5312 Thomas Drive Panama City Beach, FL 32408
Listing Courtesy of: CENTRAL PANHANDLE / Century 21 Ryan Realty / Shelly Callaway

  5312 Thomas Drive Panama City Beach, FL 32408

Active (185 Days)
$977,500
4
BED
5
BATH
2,396
SQFT

Description

Luxury 3-Story GULF VIEW BEACH HOME with Heated Saltwater Pool | STR | No HOA | No Flood | Turnkey | Vacation-Lifestyle Ready

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 potential, turnkey STR with Projections of $115K+ after 2025 updates.

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!

MLS #:
778899
Taxes
$8,426(2024)
Lot Size
3,485 SQFT
Type
Single-Family Home
Year Built
2006
Style
Coastal
Views
Gulf
County
Bay County
Community
Gulf Lagoon Beach

Listed By

Shelly Callaway, Century 21 Ryan Realty
Source
CENTRAL PANHANDLE
Last checked Sep 15 2025 at 9:55 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
  • Half Bathrooms: 2
Interior Features
  • Dishwasher
  • Refrigerator
  • Microwave
  • Dryer
  • Washer
  • Ice Maker
Subdivision
  • Gulf Lagoon Beach
Lot Information
  • Landscaped
Heating and Cooling
  • Ceiling Fan(s)
  • Central Air
Pool Information
  • Fenced
  • In Ground
  • Salt Water
  • Electric Heat
Flooring
  • Hardwood
  • Tile
  • Luxury Vinyl Plank
Utility Information
  • Utilities: Natural Gas Available, Trash Collection, High Speed Internet Available
  • Sewer: Public Sewer
School Information
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
Parking
  • Driveway
  • Oversized
Stories
  • 3
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by C21 Ryan Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 9/15/25 14:55