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  • Price$544,900
  • Beds3
  • Baths5
  • SQ. Feet2,396
  • Acres0.21
  • Built2006

5308 Thomas Drive, Panama City Beach

Huge Income producer with upwards of $82k gross in 2019.Sleeps up to 143 bedroom, 3 full baths & 2 half baths with new granite counter tops. Public beach access #6 is only 0.2 miles away. Spend your day at the beach and then walk on over to SCHOONERS (0.3 miles away) for dinner with a view of the SUNSET on the BEACH. This home has 3 MASTER SUITES with 1 on the FIRST FLOOR, 3 BALCONIES, , Exterior features include a BRICK PAVED DRIVEWAY, TROPICAL LANDSCAPING, SPRINKLER SYSTEM, a PRIVATE, IN GROUND POOL, HARDIE BOARD SIDING, and a METAL ROOF. NO HOA!! This is a great investment opportunity with a documented rental track record! Call and make an appointment today! SEE RENTAL HISTORY BELOW!# of nights booked: 2017 - 178 nights 2018 - 290 nights 2019 - 294 nights Gross Income 2017 = $69,500 2018 = $78,400 2019 = $82,300 2020 is tracking to be higher than 2019

Essential Information

  • MLS® #695519
  • Price$544,900
  • Bedrooms3
  • Bathrooms5.00
  • Full Baths3
  • Half Baths2
  • Square Footage2,396
  • Acres0.21
  • Year Built2006
  • TypeResidential
  • Sub-TypeDetached Single Family
  • StyleBeach House
  • StatusActive


  • AmenitiesOwner's Pets Allowed, Short Term Rental Allowed
  • UtilitiesLift Station, All Utilities
  • Parking Spaces6
  • ParkingDriveway
  • Has PoolYes
  • PoolFenced, Inground, Private


  • Exterior FeaturesPool, Balcony, Deck Covered, Fenced Back Yard, Fenced Privacy, Porch, Renovated, Shower
  • Lot DescriptionWithin 1/2 Mile to Water, Near Beach Access
  • ConstructionFoundation - Slab on Grade, Siding - Hardie Board, Roof - Metal, Roof - Gutters

Additional Information

  • Date ListedMarch 17th, 2020
  • Days on Market76
  • ZoningCity
  • HOA$0
  • HOA FreqNone

Community Information

  • Address5308 Thomas Drive
  • Area03 - Bay County - Beach
  • SubdivisionGulf Lagoon Beach
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32408


  • InteriorDining Room, Living Room, Bedroom - Master, Bath - Master, Bonus Room
  • Interior FeaturesLighting Recessed, Ceiling Crwn Molding, Ceiling Raised, Floor Tile, Floor WW Carpet, Wet Bar, Window Treatment All
  • AppliancesDishwasher, Disposal, Microwave, Smoke Detector, Stove/Oven Electric, Dryer, Refrigerator W/IceMk, Washer

School Information

  • ElementaryPatronis
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeBeach Haven Realty

Price Change History for 5308 Thomas Drive, Panama City Beach, FL (MLS® #695519)

Date Details Price Change
Price Increased $544,900 $900 (0.17%)
Price Reduced (from $559,000) $544,000 $15,000 (2.68%)
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DISCLAIMER: IDX 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. Information Source: Bay County Association Of REALTORS® Multiple Listing Service