5509 Thomas DR Panama City, FL 32408
UPDATED:
Key Details
Property Type Townhouse
Sub Type Attached
Listing Status Active
Purchase Type For Sale
Square Footage 2,561 sqft
Price per Sqft $527
Subdivision Beachside
MLS Listing ID 796073
Style Coastal
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 2020
Annual Tax Amount $10,128
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Attached
Property Description
Expansive wraparound balconies finished with beautiful brick pavers create an inviting extension of the living space--perfect for entertaining, relaxing in the coastal breeze, or taking in the Gulf views. A large inground pool provides your own private retreat for sunny Florida days and gatherings with family and friends.
Located in a golf cart-friendly community near marinas, St. Andrews State Park, popular restaurants, shopping, and the beach, the location puts the best of Panama City Beach within easy reach. Short-term rentals are allowed, adding excellent flexibility for buyers seeking a primary residence, second home, or investment property. Rental projections indicate potential gross rental income upwards of $130,000 annually, subject to rental management, occupancy, rates, and market conditions.
With its prime location, generous outdoor living spaces, private pool, Gulf views, and strong rental potential, this property offers an exciting opportunity to own a piece of the Panama City Beach lifestyle.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Double Vanity, Main Level Primary, Separate Shower, Walk-In Closet(s)
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Plank, Vinyl
Fireplace No
Appliance Electric Cooktop, Electric Oven, Electric Water Heater
Exterior
Exterior Feature Patio, Outdoor Shower
Pool Fenced, In Ground, Private
Community Features Short Term Rental Allowed
View Y/N Yes
View Gulf
Roof Type Metal
Accessibility Accessible Washer/Dryer, Accessible Full Bath, Accessible Bedroom, Accessible Common Area, Accessible Closets, Accessible Kitchen, Accessible Central Living Area, Central Living Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Porch Balcony, Covered, Patio, Porch
Private Pool Yes
Building
Story 2
Entry Level Two
Sewer Public Sewer
Architectural Style Coastal
Level or Stories Two
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Breakfast Point
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 32296-020-000
Special Listing Condition Listed As-Is
NEARBY SCHOOL & BUSINESS
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