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Sold for $1,610,000
    • $1,610,000

    5300 Thomas Dr, Panama City Beach, FL 32408

    10beds
    4,652sqft
    Duplex, Multi Family
    Built in 2024
    -- sqft lot
    $1,823,000 Zestimate®
    $346/sqft
    $1,807 Estimated rent

    Home value

    $1,823,000

    $1.59M - $2.13M

    $1,807/mo

    Zestimate® history
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    What's special

    Embark on an investment journey with this eye-catching duplex, where the allure of Panama City Beach comes to life. This property offers breathtaking water vistas from its upper level and a spacious layout with five bedrooms on each side, plus additional bunk rooms, totaling 10 rooms alongside two bunk areas. Perfect for accommodating various group sizes, it ensures a comfortable and memorable stay for all guests. Step outside to enjoy the exclusive pool, a serene oasis just moments from your living space. With rental income projections ranging from $260,000 to $280,000, this duplex stands out as a premier investment opportunity in a coveted locale. Positioned merely a block from several beach accesses and two blocks from the famed Schooners seafood restaurant, the location is unbeatable. The interior boasts tasteful designs and high-end finishes curated by a local interior designer, featuring durable LVP flooring, sleek stainless steel appliances, a washer/dryer set, elegant quartz countertops, smooth soft-close cabinetry, stylish tile showers, and more. Offered fully furnished as depicted, this duplex is on a rental program and already earning income!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina Knox 850-814-9940,

    Scenic Sotheby's International Realty

    Bought with:

    Christina Knox

    Scenic Sotheby's International Realty

    Source: CPAR,MLS#: 755937MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 10
    • Full bathrooms: 8
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Level: Second
    • Dimensions: 12.1 x 13.9
    Primary bedroom
    • Level: Second
    • Dimensions: 12.1 x 13.9
    Bedroom
    • Level: Second
    • Dimensions: 14.3 x 9.2
    Bedroom
    • Level: Third
    • Dimensions: 15.5 x 12.5
    Bedroom
    • Level: Third
    • Dimensions: 10.2 x 10.7
    Bedroom
    • Level: Third
    • Dimensions: 10.2 x 10.7
    Bedroom
    • Level: Second
    • Dimensions: 14.3 x 9.2
    Bedroom
    • Level: Third
    • Dimensions: 15.5 x 12.5
    Bedroom
    • Level: Third
    • Dimensions: 10.2 x 10.7
    Bedroom
    • Level: Third
    • Dimensions: 10.2 x 10.7
    Other
    • Level: Second
    • Dimensions: 7 x 9
    Other
    • Level: Second
    • Dimensions: 7 x 9
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
    Features
    • Upper Level Primary
    • Windows: Storm Window(s)
    Interior area
    • Total structure area: 4,652
    • Total interior livable area: 4,652 sqft

    Property

    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Balcony, Covered, Patio, Porch
    • Pool features: Pool
    • Fencing: Fenced
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Lot
    • Size: 8,140 Square Feet
    • Dimensions: 74 x 110
    • Features: Sprinkler System
    Details
    • Parcel number: 32376020000
    • Zoning description: Commercial
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Security: Fire Sprinkler System, Smoke Detector(s)
    • Subdivision: Gulf Lagoon Beach
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $346/sqft
    • Tax assessed value: $201,546
    • Annual tax amount: $2,520
    • Date on market: 6/21/2024
    • Cumulative days on market: 175 days

    Price history

    DateEventPrice
    10/16/2024Sold$1,610,000-10.1%$346/sqft
    Source: CPAR #755937 Report a problem
    8/12/2024Pending sale$1,790,000$385/sqft
    Source: CPAR #755937 Report a problem
    7/1/2024Price change$1,790,000-10.1%$385/sqft
    Source: ECAOR #947821 Report a problem
    6/21/2024Listed for sale$1,990,000$428/sqft
    Source: CPAR #755937 Report a problem
    6/17/2024Pending sale$1,990,000$428/sqft
    Source: ECAOR #947821 Report a problem
    6/17/2024Contingent$1,990,000$428/sqft
    Source: CPAR #755937 Report a problem
    5/30/2024Price change$1,990,000-9.5%$428/sqft
    Source: CPAR #755937 Report a problem
    4/19/2024Listed for sale$2,199,000-4%$473/sqft
    Source: CPAR #755937 Report a problem
    4/4/2024Listing removed$2,290,000$492/sqft
    Source: ECAOR #942467 Report a problem
    4/2/2024Price change$2,290,000-8%$492/sqft
    Source: CPAR #752874 Report a problem
    2/16/2024Listed for sale$2,490,000$535/sqft
    Source: CPAR #752874 Report a problem
    12/7/2023Listing removed--
    Source: CPAR #742714 Report a problem
    6/14/2023Listed for sale$2,490,000+789.3%$535/sqft
    Source: CPAR #742714 Report a problem
    12/2/2021Sold$280,000-5.4%$60/sqft
    Source: CPAR #707943 Report a problem
    5/6/2021Listing removed--
    Source: Keller Williams Report a problem
    3/31/2021Pending sale$295,900$64/sqft
    Source: Keller Williams #707943 Report a problem
    2/18/2021Listed for sale$295,900$64/sqft
    Source: Keller Williams Success Realty #707943 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,557 +1.5%$201,546
    2023$2,520 +8.1%$201,546
    2022$2,331 $201,546
    2021-- --
    2020$1,043 +8.7%$80,370 +10%
    2019$959 $73,064 +10%
    2018$959 +15.4%$66,422
    2017$831 -0.7%$66,422 +3.9%
    2016$837 +1.5%$63,899 +2.2%
    2015$825 $62,515
    2014$825 $62,515
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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