Water Views
Address
5310 Thomas Drive, Panama City Beach, FL
Price
$ 945,000
Property Attributes
- MLS#779080
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodGulf Lagoon Beach
- Zip32408
- Style
- Year Built2006
- Taxes$ 8055
- Price$ 945,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms2
- Sqr Footage2396
- Lot Size0.08 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Luxury 3-Story GULF VIEW BEACH HOME with Heated Saltwater Pool - PLUS a $10,000 Buyer Credit at Closing! Turnkey STR | Short-Term Rentals allowed | NO HOA | NO Flood Zone | Prime Location Attention Investors, Families & Beach Lovers! Just two blocks from the sugar-white sands of Emerald Beach and Rick Seltzer Park, this 3-story coastal beauty blends luxury, comfort, and high rental potential into the perfect beachside escape. With no HOA, no Flood zone, and full turnkey furnishings, this home is a rare find designed for both lifestyle enjoyment and income generation. PROPERTY HIGHLIGHTS: • 4 Bedrooms + Bonus/Game/Bunk Room | Sleeps 15 (or 29 w/ sister home next door also for sale) • 3 Ensuite Baths + 2 Half Baths • Private Heated Saltwater Pool (with optional heating) + Tropical Outdoor Oasis • Multiple Balconies with Gulf Views • Open-Concept Main Floor with 10' Ceilings, Crown Molding & LVP Floors • Chef's Kitchen with Stainless Appliances & Seating for 10-12 • Parking for 4 Vehicles + Golf Cart Friendly • Hurricane Windows, Hardie Siding & Metal Roof for lasting durability First Floor: - Primary Poolside Master Suite w/ King Bed, Twin Bunk Nook, Double Vanity Ensuite & Direct Pool Access - Bonus Bunk/Closet Room with Mounted TV - Spacious Living Room & Dining for 8+ (extra bar seating) - Chef's Kitchen - Laundry Room | Guest Half Bath Second Floor: - 2nd Master Suite w/ King + Queen + Single Nook, Private Balcony & Ensuite - Bedroom 3: Two Queens + Ensuite Bath + Gulf View Balcony Third Floor: - Bedroom 4 & Bonus Game Room: Bunks, Twin, Queen Bed, Wet Bar, Smart TV, Arcade Games - Private Gulf View Balcony + Half Bath WHY YOU'LL LOVE IT: -Steps to Beach Access #7 - walk to sand, surf, dining & attractions. -Relax in your heated saltwater pool oasis w/ gas grill & matching patio sets. -Entertain on multiple balconies with sparkling Gulf Views. STR Rental Revenue and GRI Actuals for 2024 & 2025 are available upon request. High-yield income opportunity! SLEEPS 15 -- Purchase alone or as part of a 2-home portfolio package (sleeps 29 combined) A True Coastal Masterpiece! Whether you're seeking a personal beach retreat, a vacation rental powerhouse, or a multi-home investment portfolio, this property delivers. Relaxed, roomy, stylish, and vacation-lifestyle ready -- all just two blocks from the Emerald Coast. Luxury. Location. Lifestyle. This one has it ALL!
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 1/23/2026 | Listed $967,500 |
| 4/13/2026 | 2$949,900 |
| 5/19/2026 | 1$945,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available,Natural Gas Available,High Speed Internet Available |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Gulf Lagoon Beach |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Buyer Financing | Other |
| Directions | Head West on Thomas Drive, at curve, just past the Schooners Parking lot, 3 - tall 3 story homes, it is the one in the middle, red roof. |
| High School | Arnold |
| City | Panama City Beach |
| Zoning Description | Resid Single Family |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3615 |
| Elementary School | Patronis |
| Tax Annual Amount | 8055.14 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0323 - Beach - South of Grand Lagoon |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Occupancy Type | Tenant |
| Year Built | 2006 |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Ice Maker |
| Patio/Porch Features | Balcony,Deck,Covered,Patio |
| Construction Materials | HardiPlank Type |
| View | Gulf |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 7 |
| Full Baths | 3 |
| Architectural Style | Coastal |
| Pool Features | Fenced,Electric Heat,In Ground,Salt Water,Private |
| Security Features | Fire Alarm,Smoke Detector(s) |
| New Construction | false |
| Roof | Metal |
Interior Features
| Total Baths | 5 |
|---|---|
| Interior Amenities | Balcony,Double Vanity,Main Level Primary,Separate Shower,Tub Shower,Walk-In Closet(s) |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Total Bedrooms | 4 |
| LivingAreaSource | Appraiser |
| Half Baths | 2 |
Exterior Features
| Lot Size Area | 0.08 |
|---|---|
| Lot Dimensions | 110 x 33 |
| Lot Size Acres | 0.08 |
| Building Area Total | 2396 |
| Waterfront Y/N | false |
| Exterior Amenities | Covered Patio,Deck,Patio |
| Fencing | Fenced,Privacy |
| Foundation Details | Slab |
| Private Pool | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32408
Price
Taxes
Year Built
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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.
