5300 Thomas Drive

Panama City Beach, FL 32408

$2,199,000
Price
10
Beds
8
Baths
2
1/2 Baths
4,652 Sq. Ft.
$473 / Sq. Ft.
4,652
Sq. Ft.
$473
per Sq. Ft.

Description

Embark on an investment journey with this eye-catching duplex, where the allure of Panama City Beach comes to life. This property offers breathtaking water vistas from its upper level and a spacious layout with five bedrooms on each side, plus additional bunk rooms, totaling 10 rooms alongside two bunk areas. Perfect for accommodating various group sizes, it ensures a comfortable and memorable stay for all guests. Step outside to enjoy the exclusive pool, a serene oasis just moments from your living...Embark on an investment journey with this eye-catching duplex, where the allure of Panama City Beach comes to life. This property offers breathtaking water vistas from its upper level and a spacious layout with five bedrooms on each side, plus additional bunk rooms, totaling 10 rooms alongside two bunk areas. Perfect for accommodating various group sizes, it ensures a comfortable and memorable stay for all guests. Step outside to enjoy the exclusive pool, a serene oasis just moments from your living space. With rental income projections ranging from $260,000 to $280,000, this duplex stands out as a premier investment opportunity in a coveted locale. Positioned merely a block from several beach accesses and two blocks from the famed Schooners seafood restaurant, the location is unbeatable.
  1. Listed by Christina M Knox • Scenic Sotheby's International Realty

Property Details for 5300 Thomas Drive

Subdivision
NA
MLS Sub Area
2723 - Beach - South of Grand Lagoon
Water View
Gulf/Pass
Zoning
Commercial

Location

Listing Courtesy of Scenic Sotheby's International Realty
Add your commute
LISTING UPDATED: 04/19/2024 03:10 PM

Property Details for 5300 Thomas Drive

StatusActive
MLS #947821
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Attached Single Unit
Year Built2024
Lot Size0.19 AC / 8,276 SF
CountyBay County

Location

Listing Courtesy of Scenic Sotheby's International Realty
Add your commute

Building Information for 5300 Thomas Drive

Stories3Year Built2024Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$12,211 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,001

Property Taxes

$210

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5300 Thomas Drive

Summary
Location and General Information
  • Absolute Longitude: 85.75456
  • Directions: If coming from the Halfway bridge turn onto Thomas Drive and all the way until it almost runs into the water and keep following it to the right at the light. It will be on the right hand side right after Irwin street.
  • Longitude: -85.75456
  • Latitude: 30.143047
Taxes and HOA Information
  • Assessment Fees: No
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle School: Surfside
Utilities
  • Utilities: Public Sewer,Public Water
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
  • Driveway Spaces: 4.0
Lot Information
  • Stories: 3.00
  • Area: 27 - Bay County
  • Building Design: Duplex
  • Lot Dimensions: 74X110
  • Lot Parcel Access: City Road
Property and Assessments
  • Project Facilities: Pool
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Balcony, Pool - In-Ground, Porch
  • Pool: Yes
  • Pool Type: Private
Interior Features
  • Appliances: Cooktop,Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Energy: AC - Central Elect,Heat Cntrl Electric
  • Interior: Floor Laminate, Kitchen Island, Newly Painted, Washer/Dryer Hookup
Room Information
Room Information
  • Bedroom: Second,Third
  • Master Bedroom: Second
  • Rooms: Bedroom,Bunk Room,Master Bedroom
Room 1
  • Dimensions: 12.1 x 13.9
  • Length: 12.1
  • Width: 13.9
  • Level: 2
  • Area: 168.19
Room 2
  • Dimensions: 14.3 x 9.2
  • Length: 14.3
  • Width: 9.2
  • Level: 2
  • Area: 131.56
Room 3
  • Dimensions: 7 x 9
  • Length: 7.0
  • Width: 9.0
  • Level: 2
  • Area: 63.0
Room 4
  • Dimensions: 15.5 x 12.5
  • Length: 15.5
  • Width: 12.5
  • Level: 3
  • Area: 193.75
Room 5
  • Dimensions: 10.2 x 10.7
  • Length: 10.2
  • Width: 10.7
  • Level: 3
  • Area: 109.14
Room 6
  • Dimensions: 10.2 x 10.7
  • Length: 10.2
  • Width: 10.7
  • Level: 3
  • Area: 109.14
Room 7
  • Dimensions: 12.1 x 13.9
  • Length: 12.1
  • Width: 13.9
  • Level: 2
  • Area: 168.19
Room 8
  • Dimensions: 14.3 x 9.2
  • Length: 14.3
  • Width: 9.2
  • Level: 2
  • Area: 131.56
Room 9
  • Dimensions: 7 x 9
  • Length: 7.0
  • Width: 9.0
  • Level: 2
  • Area: 63.0
Room 10
  • Dimensions: 15.5 x 12.5
  • Length: 15.5
  • Width: 12.5
  • Level: 3
  • Area: 193.75
Room 11
  • Dimensions: 10.2 x 10.7
  • Length: 10.2
  • Width: 10.7
  • Level: 3
  • Area: 109.14
Room 12
  • Dimensions: 10.2 x 10.7
  • Length: 10.2
  • Width: 10.7
  • Level: 3
  • Area: 109.14
Rental
Rental Information
  • Is Subject Leased: No
  • Immediate Occupancy: Yes

Property History for 5300 Thomas Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5300 Thomas Drive

Taxable ValueLand$201,546Additions-Total$201,546
Tax Record2023$2,520 ($210 / month)
Home Facts
Beds2Stories2Lot Size8,140 SqFtStyleMiscellaneous Vacant LandZoningBC03CountyBAYAPN32376-020-000

Schools near 5300 Thomas Drive

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicPK to 5

J.R. Arnold High School
PublicPK to 12

Surfside Middle School
Public6 to 8

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5300 Thomas Drive is a single family home for sale in Panama City Beach, FL 32408. This property was listed for sale on April 19, 2024 by Scenic Sotheby's International Realty, it's currently listed at $2,199,000. It has been on the market for a total of 16 days and was last sold on December 2, 2021. This listing's school district is Bay. Nearby schools include Patronis Elementary School, J.R. Arnold High School and Surfside Middle School. 5300 Thomas Drive is a 10-bed, 9-bath, 4,652 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Scenic Sotheby's International Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.