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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.
Property Highlights:
Fully Remodeled: Rebuilt with care and attention to detail after Hurricane Michael in 2018, this townhome features new, stylish finishes throughout.
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 currently owner occupied. This is one of TWO townhomes that the Sellers are listing.
Sold for $325,000
$325,000
5306 Thomas Dr APT 4, Panama City Beach, FL 32408
2beds
1,286sqft
Townhouse
Built in 1983
2,613 Square Feet Lot
$316,200 Zestimate®
$253/sqft
$1,784 Estimated rent
Home value
$316,200
$281,000 - $354,000
$1,784/mo
Zestimate® history
Owner options
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List your homeWhat's special
Beachside convenienceModern livingBeautifully updated spacePrime location
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#: 775595
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & 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
Appliances
- Included: Electric Oven, Electric Water Heater
Interior area
- Total structure area: 1,286
- Total interior livable area: 1,286 sqft
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Balcony, Open, Porch
- Exterior features: Outdoor Shower
- Fencing: Fenced
Lot
- Size: 2,613 Square Feet
- Dimensions: 22 x 110
Details
- Parcel number: 32376050000
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
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: $253/sqft
- Tax assessed value: $175,920
- Annual tax amount: $1,457
- Date on market: 6/28/2025
- Cumulative days on market: 97 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Sold | $325,000-7.9%$253/sqft |
Source:  CPAR #775595 Report a problem | ||
| 10/4/2025 | Pending sale | $353,000$274/sqft |
Source: CPAR #775595 Report a problem | ||
| 9/6/2025 | Price change | $353,000-1.8%$274/sqft |
Source: CPAR #775595 Report a problem | ||
| 6/28/2025 | Listed for sale | $359,500+121.2%$280/sqft |
Source: CPAR #775595 Report a problem | ||
| 7/12/2017 | Sold | $162,500-1.5%$126/sqft |
Source: CPAR #658715 Report a problem | ||
| 6/11/2017 | Pending sale | $164,900$128/sqft |
Source: Panama City Beach #658715 Report a problem | ||
| 6/6/2017 | Price change | $164,900-2.4%$128/sqft |
Source: Panama City Beach #658715 Report a problem | ||
| 5/14/2017 | Listed for sale | $169,000+318.3%$131/sqft |
Source: Keller Williams Success Realty #658715 Report a problem | ||
| 5/10/2016 | Sold | $40,400-51.9%$31/sqft |
Source: Public Record Report a problem | ||
| 11/9/2013 | Listing removed | $84,000$65/sqft |
Source: Counts Real Estate Group Inc #612358 Report a problem | ||
| 8/30/2013 | Listed for sale | $84,000$65/sqft |
Source: Counts Real Estate Group Inc #612358 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,457 +2.1% | $154,481 +3% |
| 2023 | $1,427 +11.2% | $149,982 +3% |
| 2022 | $1,284 | $145,614 |
| 2021 | -- | -- |
| 2020 | $1,228 +1.6% | $97,637 +2.9% |
| 2019 | $1,209 | $94,860 -24.6% |
| 2018 | $1,209 -25.2% | $125,849 +127.9% |
| 2017 | $1,615 +119.5% | $55,225 -27.1% |
| 2016 | $736 -29.1% | $75,709 +0.1% |
| 2015 | $1,038 | $75,635 -2.1% |
| 2014 | $1,038 | $77,239 -2.3% |
| 2013 | -- | $79,052 -3.5% |
| 2012 | -- | $81,915 -3.3% |
| 2011 | -- | $84,742 -2.3% |
| 2010 | -- | $86,730 -5.2% |
| 2009 | -- | $91,518 -10.7% |
| 2008 | -- | $102,530 +1.6% |
| 2007 | -- | $100,906 -35% |
| 2006 | -- | $155,290 +85.2% |
| 2005 | -- | $83,838 +34.8% |
| 2004 | -- | $62,183 |
| 2003 | -- | $62,183 +9.8% |
| 2002 | -- | $56,614 |
| 2001 | -- | $56,614 +2.5% |
| 2000 | -- | $55,260 |
Find assessor info on the county website
Neighborhood: Lower Grand Lagoon
Nearby homes
- $325,0002 bd2 ba1.2k sqft5306 Thomas Dr APT 3, Panama City Beach, FL 32408Sold
- $1,610,00010 bd10 ba4.6k sqft5300 Thomas Dr, Panama City Beach, FL 32408Sold
- $763,1004 bd5 ba2.3k sqft5308 Thomas Dr, Panama City Beach, FL 32408Off Market
- $247,1002 bd1 ba1.1k sqft5306 Thomas Dr APT 1, Panama City Beach, FL 32408Off Market
- $245,5002 bd1 ba1.2k sqft5306 Thomas Dr APT 2, Panama City Beach, FL 32408Off Market
- $282,5003 bd2 ba1.2k sqft5301 Beach Dr, Panama City Beach, FL 32408Sold
- $401,1003 bd2 ba1.4k sqft5231 Beach Dr, Panama City Beach, FL 32408Off Market
- $2,199,00010 bd10 ba5.1k sqft5237 Thomas Dr #A & B, Panama City, FL 32408New Construction
Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 1.9 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 7.4 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 5.5 mi
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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- Florida
- Bay County
- Panama City Beach
- 32408
- Lower Grand Lagoon
- 5306 Thomas Dr Apartment 4
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