For sale Attached

Listed Sep 30, 2026

$1,349,900 Est. $8,928/mo

5509 Thomas Drive

  • 4

    Beds

  • 4

    Baths

  • 2,561

    Sq ft

The story

  • Pool

Live the Panama City Beach lifestyle you've been dreaming of--just steps from the Gulf of America! Originally built as the developer's personal residence, this distinctive coastal home is ideally positioned on a desirable corner lot and offers 4 bedrooms and 3.5 bathrooms, including two spacious master suites with plenty of room and privacy for family and guests. 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.

Facts & features

Home type

Attached

Year built

2020

Floors

2

Price per sq ft

$527

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fans

  • Heating

    Central

  • Appliances

    Electric Cooktop, Electric Oven, Electric Water Heater

  • Flooring

    Plank, Vinyl

  • Roof

    Metal

  • Exterior

    Patio, Outdoor Shower

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$8,928 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $7,185
  • Property tax $1,350
  • Insurance $394

Includes principal, interest, taxes & insurance.

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Listing Broker

Emerald Coast Realty Group

Broker Name

Emerald Coast Realty Group

Agent

DJ T Janovyak

Location

Panama City Beach FL 32408