For Sale
New ConstructionNew Construction
House for sale at 5237 Thomas Dr #A & B, Panama City, FL 32408 | MLS# 791806 | Listing updated on 2026-09-13
Photo 1 of House for sale at 5237 Thomas Dr #A & B, Panama City, FL 32408 | MLS# 791806 | Listing updated on 2026-09-13
Photo 2 of House for sale at 5237 Thomas Dr #A & B, Panama City, FL 32408 | MLS# 791806 | Listing updated on 2026-09-13
Photo 3 of House for sale at 5237 Thomas Dr #A & B, Panama City, FL 32408 | MLS# 791806 | Listing updated on 2026-09-13
Photo 4 of House for sale at 5237 Thomas Dr #A & B, Panama City, FL 32408 | MLS# 791806 | Listing updated on 2026-09-13
89+
Beds Icon

Street View

$2,185,000

Monthly Est:$10,876

  • Beds Icon10 Beds
  • Beds Icon
    10 Baths
  • Beds Icon5,156sqft

5237 Thomas Dr #A & B, Panama City, FL 32408

$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, e
ach 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 Bay/Panama City/Central Panhandle MLS-FL

Part of

Building
5237 Thomas Dr
No reviews yet

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Bay County

  • City

    Panama 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

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

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

DateEventPrice

06/24/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #791806

Price Increased

$2,230,000 +2.06%

$433/sqft

06/24/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #791806

Price Decreased

$2,185,000 -2.89%

$424/sqft

05/18/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #772367

Price Decreased

$2,250,000 -0.44%

$436/sqft

05/13/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #772367

Price Decreased

$2,260,000 -0.22%

$438/sqft

05/02/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #772367

Listed for Sale

$2,265,000 -0.22%

$439/sqft

Show more

Nearby Homes

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®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC