5237 Thomas Drive A & B Panama City, FL 32408
Listing Courtesy of: CENTRAL PANHANDLE / Listed By: Chris Jennings, Century 21 Allpoints Realty

  5237 Thomas Drive A & B Panama City, FL 32408

Active (419 Days)
$2,230,000 (USD)
10
BED
10
BATH
5,156
SQFT

Description

This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one.
Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat.
Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style.
The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point.
Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!!
Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed.

MLS #:
791806
Lot Size
5,227 SQFT
Type
Multifamily
Year Built
2025
Style
Duplex
Views
Gulf
County
Bay County
Community
No Named Subdivision

Listed By

Chris Jennings, Century 21 Allpoints Realty
Source
CENTRAL PANHANDLE
Last checked Jun 25 2026 at 2:59 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 8
  • Half Bathrooms: 2
Interior Features
  • Upper Level Primary
Subdivision
  • No Named Subdivision
Lot Information
  • Sprinkler System
Property Features
  • Fireplace: Electric
Heating and Cooling
  • Electric
  • Central
  • Fireplace(s)
  • Ceiling Fan(s)
  • Central Air
Pool Information
  • Private
  • In Ground
  • Salt Water
Exterior Features
  • Roof: Metal
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
Stories
  • 3
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 AllPoints Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/24/26 19:59