For Sale
Single family home for sale at 5405 Thomas Dr, Panama City, FL 32408 | MLS# 794319 | Listing updated on 2026-08-24
Photo 1 of Single family home for sale at 5405 Thomas Dr, Panama City, FL 32408 | MLS# 794319 | Listing updated on 2026-08-24
Photo 2 of Single family home for sale at 5405 Thomas Dr, Panama City, FL 32408 | MLS# 794319 | Listing updated on 2026-08-24
Photo 3 of Single family home for sale at 5405 Thomas Dr, Panama City, FL 32408 | MLS# 794319 | Listing updated on 2026-08-24
Photo 4 of Single family home for sale at 5405 Thomas Dr, Panama City, FL 32408 | MLS# 794319 | Listing updated on 2026-08-24
57+
Beds Icon

Street View

$889,500

Monthly Est:$4,427

  • Beds Icon4 Beds
  • Beds Icon
    4 Baths
  • Beds Icon2,801sqft

5405 Thomas Dr, Panama City, FL 32408

$4,427/moEst:

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  • Single Family Residence

  • Built in 2005

  • $-- HOA

  • 0.58 acre lot

  • $318/sq.ft

Description

Located just steps from the sugar-white sands of Panama City Beach's quiet east end, this beach home combines the best of location, functionality, and flexibility.

With no HOA and the freedom to offer short-term rentals, this property is ideal for a serene retreat, full-time residence, or vacation rental. The thoughtfully designed layout spans multiple levels, ensuring both privacy and spaces for gathering.

The first floor features three bedrooms, two full baths with granite countertops, and a convenient laundry area.

Ascend to the second floor to a spacious great room with cathedral ceilings, beautiful hardwood floors, and an open kitchen. Stainless steel app
liances, a kitchen island and breakfast bar make this space functional and inviting - perfect for hosting or enjoying casual meals. Step out onto the second-floor balcony to enjoy a morning coffee or the evening breezes. The master suite on this level creates a private sanctuary, complete with a well-appointed bathroom featuring a walk-in shower and separate water closet.

On the third floor, you will find another balcony and a versatile loft area that can be transformed according to your needs - whether as an additional bedroom, game room, or entertainment hub.

Outside, the fenced yard and patio area provide a private space for relaxation or gatherings.

Located just a short stroll from local favorites like Schooner's and a quick drive to St Andrews State Park, marinas, golf, shopping and dining, this home offers the perfect blend of peaceful seclusion and convenient access to attractions.

If versatile design, spacious living, and steps-to-the-beach convenience are on your wish list, make it a point to see this home. Call to schedule a private tour today!

  • Houzeo last checked: 13 minutes ago
  • Listing updated: August 24, 2026 at 4:08 pm
  • Listing Provided by: Craig Duran (850) 290-0417 DRE #3050909 | Berkshire Hathaway HomeServices Beach Properties of Florida (850) 252-4160
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 794319 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    2005

  • HOA Fees

    -

  • Finished Area

    2,801 sqft

  • Lot Size

    0.58 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    794319

  • MLS Status

    Active

  • Days on Market

    76

  • Cumulative Days on Market

    5

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 4

  • Kitchen

    Level: Second

    Area: 100.00 Square Feet

    Dimensions: 10 x 10

  • FamilyRoom

    Level: Second

    Area: 324.00 Square Feet

    Dimensions: 18 x 18

  • Loft

    Level: Third

    Area: 324.00 Square Feet

    Dimensions: 18 x 18

  • Bedroom

    Level: First

    Area: 100.00 Square Feet

    Dimensions: 10 x 10

  • Bedroom

    Level: First

    Area: 110.00 Square Feet

    Dimensions: 11 x 10

  • Bedroom

    Level: First

    Area: 144.00 Square Feet

    Dimensions: 12 x 12

  • PrimaryBedroom

    Level: Second

    Area: 165.00 Square Feet

    Dimensions: 15 x 11

Interior

  • Exterior Features

    Outdoor Shower

  • Cooling

    Central Air, Ceiling Fans

  • Sewer

    Public Sewer

  • Interior Features

    Double Vanity, Smart Home, Upper Level Primary, Walk In Closets, Loft

  • Appliances

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

  • Heating

    Electric

Construction

  • Year Built

    Year Built: 2005

  • Home type

    Single Family Residence

  • Construction Materials

    Stucco

  • Architectural Style

    Coastal

Utilities & Energy

  • Security Features

    Security System

  • Utilities

    Electricity Available

Other Features

  • Patio And Porch Features

    Balcony, Covered, Porch

  • Community Features

    Short Term Rental Allowed

  • Subdivision Name

    Gulf Lagoon Beach

Price History

DateEventPrice

10/02/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #779831

Listed for Sale

$4,500

$2/sqft

10/02/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #779831

Off Market

$4,500

$2/sqft

09/26/2025

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #779591

Price Decreased

$4,500 -99.55%

$2/sqft

11/18/2024

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #765210

Off Market

$999,000 -13.13%

$357/sqft

11/18/2024

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #765210

Listed for Sale

$1,150,000

$411/sqft

Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Nov 05, 2026, 12:30AM. 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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