For Sale
Single family home for sale at 5312 Thomas Dr, Panama City, FL 32408 | MLS# 778899 | Listing updated on 2026-09-10
Photo 1 of Single family home for sale at 5312 Thomas Dr, Panama City, FL 32408 | MLS# 778899 | Listing updated on 2026-09-10
Photo 2 of Single family home for sale at 5312 Thomas Dr, Panama City, FL 32408 | MLS# 778899 | Listing updated on 2026-09-10
Photo 3 of Single family home for sale at 5312 Thomas Dr, Panama City, FL 32408 | MLS# 778899 | Listing updated on 2026-09-10
Photo 4 of Single family home for sale at 5312 Thomas Dr, Panama City, FL 32408 | MLS# 778899 | Listing updated on 2026-09-10
64+
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Street View

$945,000

Monthly Est:$4,704

  • Beds Icon4 Beds
  • Beds Icon
    5 Baths
  • Beds Icon2,396sqft

5312 Thomas Dr, Panama City, FL 32408

$4,704/moEst:

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  • Single Family Residence

  • Built in 2006

  • $-- HOA

  • 0.08 acre lot

  • $394/sq.ft

Description

Luxury 3-Story GULF VIEW BEACH HOME with Heated Saltwater Pool | STR | No HOA | No Flood | Turnkey | Vacation-Lifestyle Ready - PLUS a $10,000 BUYER CREDIT at Closing!

HIGH-YIELD INCOME POTENTIAL + TAX BENEFITS SAVINGS for this one or both properties for Sale SIDE-BY-SIDE.

Attention Investors, Beach & Pool Lovers! This 3-story Retreat is fully furnished, turnkey, and short-term rental ready with NO HOA or Flood. Just steps from the Emerald Beach, sand, local dining, attractions and Rick Seltzer Park, this property offers a rare blend of luxury living and strong rental potential.

Featuring 4 bedrooms including a bonus bunk/wet bar/game room, 3 ensuite baths &
2 half baths, the home comfortably sleeps 14 guests (or up to 29 when purchased with the side-by-side ''sister'' home for sale).

Guests will love the multiple balconies with Gulf Views, private heated saltwater pool, outdoor shower, 2 grills, and matching patio & dining sets -- an entertaining masterpiece.

Inside, enjoy an open-concept main level with living, dining, kitchen & laundry room featuring stainless appliances, and LVP floors.

The primary poolside 1st master bedroom with double vanity en-suite bath and private, large walk-in closet with a twin bunk are on the 1st floor.

On the 2nd floor, you'll find 2 bedrooms. The 2nd master with double vanity en-suite bath, private balcony & sitting area and the 3rd bedroom with 2 queens, double vanity en-suite Bath + private balcony await.

The 3rd floor offers the 4th, including bonus room & Gulf View balcony, bunks, queen bed, wet bar, and arcade games.

With 10' ceilings, LVP & Hardwood floors, Hurricane Windows, Hardie siding, Metal Roof, and parking for 4 vehicles + golf cart, this home was designed for both comfort and durability. Steps from dining, marinas, and attractions--this is a prime investment and luxury retreat in one! An Entertaining & Vacation MASTERPIECE!

$$$ INVESTORS $$$ HIGH-YIELD INCOME POTENTIAL for this one or both properties!

BONUS: The sister property next door (also for sale) sleeps 15. Together, both homes host 29 guests total, each with identical layouts, pools, and furnishings.

Unmatched portfolio or multi-home investor package opportunity!

Schedule your showing today!

GRI: Rental Revenue for 2024 & 2025 are available upon request.

  • Houzeo last checked: 13 minutes ago
  • Listing updated: September 10, 2026 at 7:10 pm
  • Listing Provided by: Shelly M Callaway (850) 532-9332 DRE #SL3458025 | CENTURY 21 Ryan Realty Inc (850) 233-7926
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 778899 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    3

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    2006

  • HOA Fees

    -

  • Finished Area

    2,396 sqft

  • Lot Size

    0.08 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    778899

  • MLS Status

    Active

  • Days on Market

    418

  • Cumulative Days on Market

    545

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 5

  • Bedroom

    Level: Third

    Area: 252.00 Square Feet

    Dimensions: 18 x 14

  • Bedroom

    Level: Second

    Area: 216.00 Square Feet

    Dimensions: 18 x 12

  • PrimaryBedroom

    Level: Second

    Area: 264.00 Square Feet

    Dimensions: 22 x 12

  • PrimaryBedroom

    Level: First

    Area: 210.00 Square Feet

    Dimensions: 15 x 14

  • DiningRoom

    Level: First

    Area: 96.00 Square Feet

    Dimensions: 12 x 8

  • Kitchen

    Level: First

    Area: 96.00 Square Feet

    Dimensions: 12 x 8

  • LivingRoom

    Level: First

    Area: 216.00 Square Feet

    Dimensions: 18 x 12

Interior

  • Exterior Features

    Barbecue, Covered Patio, Deck, Patio, Outdoor Shower

  • Cooling

    Central Air, Ceiling Fans, Energy Star Qualified Equipment

  • Sewer

    Public Sewer

  • Interior Features

    Balcony, Double Vanity, Main Level Primary, Separate Shower, Walk In Closets

  • Appliances

    Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker

Construction

  • Year Built

    Year Built: 2006

  • Home type

    Single Family Residence

  • Foundation Details

    Slab

  • Roof

    Metal

  • Construction Materials

    Hardiplank Type

  • Architectural Style

    Coastal

Utilities & Energy

  • Security Features

    Fire Sprinkler System, Fire Alarm, Smoke Detectors

  • Utilities

    Natural Gas Available, High Speed Internet Available

  • Pool Features

    Fenced, Electric Heat, In Ground, Salt Water, Private

Other Features

  • Patio And Porch Features

    Balcony, Deck, Covered, Patio

  • Community Features

    Barbecue, Short Term Rental Allowed

  • Subdivision Name

    Gulf Lagoon Beach

Price History

DateEventPrice

05/19/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #778899

Price Decreased

$945,000 -0.52%

$394/sqft

04/12/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #778899

Listed for Sale

$949,900 -1.82%

$396/sqft

10/18/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #778899

Off Market

$967,500 -1.02%

$404/sqft

09/12/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #778899

Price Increased

$977,500 +1.03%

$408/sqft

09/12/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #778899

Price Increased

$967,500 +1.85%

$404/sqft

Show more

Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Nov 05, 2026, 12:15AM. 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

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