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For sale
    • $945,000

    5312 Thomas Dr, Panama City Beach, FL 32408

    4beds
    2,396sqft
    : 
    $5,938/mo
    Get pre-qualified
    Single Family Residence
    Built in 2006
    3,484 Square Feet Lot
    $902,900 Zestimate®
    $394/sqft
    $-- HOA

    What's special

    Heated saltwater poolMetal roofPrivate heated saltwater poolFully furnished turnkeyPrivate large walk-in closetHardwood floorsHurricane windows
    Luxury 3-Story GULF VIEW BEACH HOME with Heated Saltwater Pool | STR | No HOA | No Flood | Turnkey | Vacation-Lifestyle Ready - PLUS a $10,000 BUYER CREDIT at Closing! HIGH-YIELD INCOME POTENTIAL + TAX BENEFITS SAVINGS for this one or both properties for Sale SIDE-BY-SIDE. 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 INCOME POTENTIAL for this one or both properties! 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! Schedule your showing today! GRI: Rental Revenue for 2024 & 2025 are available upon request.
    343 days
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    214
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    25
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shelly M Callaway 850-532-9332,

    CENTURY 21 Ryan Realty Inc

    Source: CPAR,MLS#: 778899MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom, Bonus Room
      Primary bedroom
      • Level: First
      • Dimensions: 15 x 14
      Primary bedroom
      • Level: Second
      • Dimensions: 22 x 12
      Bedroom
      • Level: Second
      • Dimensions: 18 x 12
      Bedroom
      • Description: Bunk/Loft/MiniBar
      • Level: Third
      • Dimensions: 18 x 14
      Dining room
      • Level: First
      • Dimensions: 12 x 8
      Kitchen
      • Level: First
      • Dimensions: 12 x 8
      Living room
      • Level: First
      • Dimensions: 18 x 12
      Cooling
      • Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
      Appliances
      • Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
      Features
      • Balcony, Double Vanity, Main Level Primary, Separate Shower, Walk-In Closet(s)
      Interior area
      • Total structure area: 2,396
      • Total interior livable area: 2,396 sqft

      Property

      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Balcony, Deck, Covered, Patio
      • Exterior features: Barbecue, Covered Patio, Deck, Patio, Outdoor Shower
      • Has private pool: Yes
      • Pool features: Fenced, Electric Heat, In Ground, Salt Water, Private
      • Fencing: Fenced,Privacy
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 33 x 110
      Details
      • Parcel number: 32377000000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Natural Gas Available, High Speed Internet Available

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $394/sqft
      • Tax assessed value: $682,415
      • Annual tax amount: $8,192
      • Date on market: 9/12/2025
      • Cumulative days on market: 505 days

        Estimated market value

        $902,900

        $858,000 - $948,000

        $3,769/mo

        Price history

        DateEventPrice
        5/19/2026Price change$945,000-0.5%$394/sqft
        Source: CPAR #778899 Report a problem
        4/13/2026Price change$949,900-1.8%$396/sqft
        Source: CPAR #778899 Report a problem
        10/18/2025Price change$967,500-1%$404/sqft
        Source: CPAR #778899 Report a problem
        9/12/2025Listed for sale$977,500+2.9%$408/sqft
        Source: CPAR #778899 Report a problem
        9/12/2025Listing removed$950,000$396/sqft
        Source: CPAR #770278 Report a problem
        7/10/2025Price change$950,000-2.6%$396/sqft
        Source: CPAR #770278 Report a problem
        6/3/2025Price change$975,000+0%$407/sqft
        Source: CPAR #770278 Report a problem
        3/31/2025Price change$974,9000%$407/sqft
        Source: CPAR #770278 Report a problem
        3/13/2025Listed for sale$975,000+34.5%$407/sqft
        Source: CPAR #770278 Report a problem
        8/20/2021Sold$725,000+59.3%$303/sqft
        Source: CPAR #714197 Report a problem
        1/5/2017Sold$455,000-4.2%$190/sqft
        Source: CPAR #651695 Report a problem
        11/2/2016Listed for sale$475,000+5.6%$198/sqft
        Source: Beachy Beach Real Estate #651695 Report a problem
        6/5/2016Listing removed$450,000$188/sqft
        Source: CitiStar Realty #644737 Report a problem
        4/4/2016Listed for sale$450,000-9.8%$188/sqft
        Source: CitiStar Realty #eps-1238123375-1459603405 Report a problem
        8/29/2015Listing removed$499,000$208/sqft
        Source: Life's A Beach #631013 Report a problem
        5/5/2015Listed for sale$499,000$208/sqft
        Source: Sterling Realty #631013 Report a problem
        3/13/2015Listing removed$499,000$208/sqft
        Source: CENTURY 21 Ryan Realty #624772 Report a problem
        10/9/2014Price change$499,000-28.5%$208/sqft
        Source: CENTURY 21 Ryan Realty #624772 Report a problem
        10/5/2014Price change$698,000+21.4%$291/sqft
        Source: Lifeguard Real Estate, Inc. #609114 Report a problem
        7/29/2014Price change$575,000-3.9%$240/sqft
        Source: Lifeguard Real Estate Inc #609114 Report a problem
        7/18/2014Price change$598,100-0.2%$250/sqft
        Source: Lifeguard Real Estate Inc #609114 Report a problem
        3/4/2014Price change$599,000-14.2%$250/sqft
        Source: Lifeguard Real Estate Inc #609114 Report a problem
        2/12/2014Price change$698,000+16.5%$291/sqft
        Source: Lifeguard Real Estate, Inc. #609114 Report a problem
        2/10/2014Price change$599,000-14.2%$250/sqft
        Source: Lifeguard Real Estate, Inc. #609114 Report a problem
        2/4/2014Price change$698,000+16.5%$291/sqft
        Source: Lifeguard Real Estate, Inc. #609114 Report a problem
        2/2/2014Listed for sale$599,000+3.5%$250/sqft
        Source: Lifeguard Real Estate, Inc. #609114 Report a problem
        3/4/2005Sold$579,000+28.7%$242/sqft
        Source: Public Record Report a problem
        8/31/2004Sold$450,000+311.7%$188/sqft
        Source: Public Record Report a problem
        7/2/2003Sold$109,300$46/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,426 -1.5%$682,415 +0.2%
        2023$8,556 +18.4%$681,102 +9.6%
        2022$7,226 $621,248
        2021-- --
        2020$4,396 -0.4%$358,066 +0.8%
        2019$4,416 $355,168 +0.7%
        2018$4,416 -0.9%$352,804 +54.1%
        2017$4,456 +32.3%$228,914 +10%
        2016$3,367 +19.8%$208,104 -0.8%
        2015$2,809 $209,836 -0.9%
        2014$2,809 $211,793 -1.6%
        2013-- $215,160 -2%
        2012-- $219,659 +13.7%
        2011-- $193,118 -19.5%
        2010-- $239,774 -25.9%
        2009-- $323,403 +10%
        2008-- $294,003 +4%
        2007-- $282,784 +81.6%
        2006-- $155,690
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        50 / 100
        Somewhat Walkable
        43 / 100
        Somewhat Bikeable

        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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        A local lender can help you make sure your offer is ready when you are.

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