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- Description
- Property Details
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- Facts & Features
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Street View
$2,185,000
Monthly Est:$10,876
10 Beds
- 10 Baths
8 full baths + 2 half baths
5,156sqft
5237 Thomas Dr #A & B, Panama City, FL 32408
$2,185,000
$10,876/moEst:
Get Pre-Approved
Duplex
Built in 2025
$-- HOA
0.12 acre lot
$424/sq.ft
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.
- Houzeo last checked: 1 hour ago
- Listing updated: September 13, 2026 at 8:08 pm
- Listing Provided by: Christopher C Jennings DRE #3287657 | CENTURY 21 AllPoints Realty (850) 230-4514
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 791806

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
2025
HOA Fees
-
Finished Area
5,156 sqft
Lot Size
0.12 acre lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
791806
MLS Status
Active
Days on Market
106
Cumulative Days on Market
500

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 10
PrimaryBathroom
Level: Second
Area: 98.21 Square Feet
Dimensions: 16.1 x 6.1
PrimaryBathroom
Level: Second
Area: 98.21 Square Feet
Dimensions: 16.1 x 6.1
HalfBath
Level: First
Area: 28.05 Square Feet
Dimensions: 8.5 x 3.3
HalfBath
Level: First
Area: 28.05 Square Feet
Dimensions: 8.5 x 3.3
Kitchen
Level: First
Area: 360.00 Square Feet
Dimensions: 18 x 20
Kitchen
Level: First
Area: 360.00 Square Feet
Dimensions: 18 x 20
LivingRoom
Level: First
Area: 440.00 Square Feet
Dimensions: 22 x 20
LivingRoom
Level: First
Area: 440.00 Square Feet
Dimensions: 22 x 20
PrimaryBedroom
Level: Second
Area: 168.84 Square Feet
Dimensions: 12.6 x 13.4
PrimaryBedroom
Level: Second
Area: 168.84 Square Feet
Dimensions: 12.6 x 13.4
Interior
Cooling
Central Air, Ceiling Fans, Energy Star Qualified Equipment
Exterior Features
Barbecue, Covered Patio, Outdoor Shower
Heating
Central, Electric, Fireplaces
Interior Features
Upper Level Primary
Sewer
Public Sewer
Construction
Year Built
Year Built: 2025
Home type
Duplex
Roof
Metal
Construction Materials
Other, Wood Frame
Architectural Style
Duplex
Utilities & Energy
Pool Features
In Ground, Salt Water, Private
Security Features
Carbon Monoxide Detectors, Fire Sprinkler System
Fireplace Features
Electric
Other Features
Subdivision Name
No Named Subdivision
Community Features
Barbecue, Short Term Rental Allowed
Lot Features
Sprinkler System
Patio And Porch Features
Balcony, Deck, Covered, Patio, Porch
Price History
| Date | Event | Price |
|---|---|---|
06/24/2026 Source: | Price Increased | $2,230,000 +2.06% $433/sqft |
06/24/2026 Source: | Price Decreased | $2,185,000 -2.89% $424/sqft |
05/18/2026 Source: | Price Decreased | $2,250,000 -0.44% $436/sqft |
05/13/2026 Source: | Price Decreased | $2,260,000 -0.22% $438/sqft |
05/02/2026 Source: | Listed for Sale | $2,265,000 -0.22% $439/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Oct 09, 2026, 12:00PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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