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Sold for $325,000
  • $325,000

    5306 Thomas Dr APT 3, Panama City Beach, FL 32408

    2beds
    1,227sqft
    Townhouse
    Built in 1983
    1,742 Square Feet Lot
    $311,000 Zestimate®
    $265/sqft
    $1,802 Estimated rent

    Home value

    $311,000

    $277,000 - $348,000

    $1,802/mo

    Zestimate® history
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    What's special

    Modern livingBeautifully updated spacePrime location
    SELLER ACCEPTING BACKUP OFFERS!!! --------PRICE IMPROVEMENT! SELLERS HIGHLY MOTIVATED!! Located in the heart of Panama City Beach, this fully remodeled townhome offers a perfect blend of modern living and beachside convenience. With all furnishings conveying with the sale (except a few sentimental items), this property is ready to serve as your next vacation rental or primary residence. The sellers are offering the property AS IS, giving you a unique opportunity to own a beautifully updated space in one of the most sought-after beach destinations including Seltzer Park that located within 5 minutes of the property. Property Highlights: Fully Remodeled: Rebuilt with care and attention to detail after Hurricane Michael in 2018, this townhome features new, stylish finishes throughout. Turnkey: Move in and start living the beach life—every piece of furniture stays with the home, creating an ideal setup for vacation rentals or a full-time residence. Prime Location: Just a 5-minute walk to the stunning sugary sands of Panama City Beach, where you can relax or enjoy water activities or the bountiful sun. Perfect for Investment: Whether you're looking for a vacation rental or a cozy primary home, this property offers the flexibility to meet your needs. AS IS Sale: The property is being sold AS IS, offering a great value for those looking to put their personal touch on a beach home. Local Attractions: Pier Park: A short drive away, this open-air shopping and entertainment complex is home to a variety of restaurants, shops, and fun attractions like the SkyWheel. St. Andrews State Park: One of the best nature parks in the area, perfect for hiking, fishing, and exploring wildlife. Zoo World: A family-friendly destination for animal encounters, exhibits, and , and feedings. Shell Island: Accessible by boat, this pristine, uninhabited island is a must-see for beach lovers and nature enthusiasts alike. Whether you're seeking the perfect vacation retreat or a full-time residence with easy access to the beach and local attractions, this remodeled townhome is ready for you to call home. Don't miss out on this opportunity to own a piece of this Floridian paradise! This property is already on a vacation rental program. This is one of TWO townhomes that the Sellers are listing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Catriese M Johnson 850-687-7487,

    Coldwell Banker Realty

    Bought with:

    Pamela F Zurbrick, SL3508847

    Dalton Wade Inc

    Amanda Rudy, 3392776

    Dalton Wade Inc

    Source: CPAR,MLS#: 775596MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Description: Balcony View
    • Level: Second
    • Dimensions: 14 x 12
    Bedroom
    • Level: Second
    • Dimensions: 12 x 10
    Dining room
    • Level: First
    • Dimensions: 8 x 8
    Kitchen
    • Level: First
    • Dimensions: 8 x 6
    Living room
    • Level: First
    • Dimensions: 14 x 12
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Electric Water Heater
    Interior area
    • Total structure area: 1,227
    • Total interior livable area: 1,227 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Fencing: Fenced
    Lot
    • Size: 1,742 Square Feet
    • Dimensions: 16 x 110
    Details
    • Parcel number: 32376040000
    • On leased land: Yes

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Security: Closed Circuit Camera(s), Fire Sprinkler System, 24 Hour Security, Smoke Detector(s)
    • Subdivision: Gulf Lagoon Beach
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $265/sqft
    • Tax assessed value: $157,975
    • Annual tax amount: $1,981
    • Date on market: 6/28/2025
    • Cumulative days on market: 97 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/2/2025Sold$325,000-5.2%$265/sqft
    Source: CPAR #775596 Report a problem
    10/4/2025Pending sale$343,000$280/sqft
    Source: CPAR #775596 Report a problem
    9/6/2025Price change$343,000-2%$280/sqft
    Source: CPAR #775596 Report a problem
    8/8/2025Price change$349,897-2.7%$285/sqft
    Source: CPAR #775596 Report a problem
    6/28/2025Listed for sale$359,500+139.7%$293/sqft
    Source: CPAR #775596 Report a problem
    12/6/2021Sold$150,000$122/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,981 -0.3%$157,975 +1.4%
    2023$1,988 +24.9%$155,784 +16.1%
    2022$1,591 $134,127
    2021-- --
    2020$1,210 +3.2%$96,197 +7%
    2019$1,173 $89,883 +10%
    2018$1,173 +1%$81,712 +10%
    2017$1,162 +19%$74,284 -0.1%
    2016$976 -4.9%$74,355 -0.5%
    2015$1,026 $74,711 +0.2%
    2014$1,026 $74,572 -2.1%
    2013-- $76,181 -2.8%
    2012-- $78,363 -3.2%
    2011-- $80,972 -2.9%
    2010-- $83,416 -2.6%
    2009-- $85,641 -9.1%
    2008-- $94,245 +51.8%
    2007-- $62,069 +2.5%
    2006-- $60,555 +3%
    2005-- $58,791 +2.6%
    2004-- $57,278 +1.9%
    2003-- $56,210 +2.4%
    2002-- $54,893 +1.6%
    2001-- $54,029 +0.2%
    2000-- $53,920
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    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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