$1,823,900
5231-5233 Thomas Drive
Panama City Beach, FL 32408
MLS# 787168
Status: Pending
8 beds  |  10 baths  |  4690 sqft


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Property Description
NO RENTAL RESTRICTIONS!!! This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations -- literally across the street from the sugar-white sands and shimmering Gulf waters. Each home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool -- the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.

Details
Maps
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 377
HOA Frequency: Quarterly
HOA Annual Amount: 1508
New Buyer Fee: Yes
New Buyer Fee Amt: 2000
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 388.89
Status: Pending
List Date: 2026-03-22
List Price: $1,823,900
Current Price: $1,823,900
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Just north of Schooner's restaurant on Thomas Dr
Area: 03 - Bay County - Beach
Street #: 5231-5233
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Gulf Lagoon Beach
Parcel ID: 40001-803-002 & 40001-803-001
Legal Description: 5233 THOMAS DRIVE, A LAND CONDOMINIUM UNIT A ORB 4954 P 1896 LAND 2750 SF & 5233 THOMAS DRIVE, A LAND CONDOMINIUM UNIT B ORB 4954 P 1896 LAND 2750 SF
General Property Info
Design: Duplex
Apx SqFt(Htd/Cooled): 4690
Construction Status: Under Construction
SqFt Source: Builders Plans
Half Baths: 2
# of Stories in Building: 3
# of Units in Bldg: 2
Lot Dimensions: 60 x 220
New Construction: Yes
Garage Y/N: No
Pool: Yes
Pool Type: Private
Sub-Type: Duplex Multi-Units
Bedrooms: 8
Full Baths: 8
Total Baths: 10
Year Built: 2026
Remarks & Misc
Remarks: NO RENTAL RESTRICTIONS!!! This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations -- literally across the street from the sugar-white sands and shimmering Gulf waters. Each home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool -- the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.
Covered Porch
Third: 1
Dining Room
First: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven - Electric: 1
Range - Electric: 1
Interior Features
Floor - Vinyl Plank: 1
Stairs: 1
Construction/Siding
Roof - Metal: 1
Exterior
Balcony: 1
Deck Covered: 1
Double Pane Windows: 1
Association Fees Include
Ground Keeping: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Interior
Bunk Room: 1
Living Room
First: 1
Lot Access
City Street: 1
Rooms
Covered Porch: 1
Dining Room: 1
Living Room: 1
Master Bedroom: 1
Utilities
Garbage: 1
Master Bedroom
Third: 1
Cooling
Central Air: 1
Heating
Central: 1
Status Change Info
Under Contract Date: 2026-05-01
Property Features
Appliances: Dishwasher; Disposal; Microwave; Oven - Electric; Range - Electric
Master Bedroom: Third
Cooling: Central Air
Heating: Central
Exterior: Balcony; Deck Covered; Double Pane Windows
Association Fees Include: Ground Keeping
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Interior: Bunk Room
Living Room: First
Lot Access: City Street
Covered Porch: Third
Dining Room: First
Rooms: Covered Porch; Dining Room; Living Room; Master Bedroom
Utilities: Garbage
Room Information
Room Name Level Dimensions Length Width
Dining RoomFirst15.1 x 14.915.1014.90
Living RoomFirst18.11 x 13.518.1113.50
Master BedroomThird11.1 x 16.411.1016.40
Covered PorchThird18.8 x 11.318.8011.30
Dining RoomFirst15.1 x 14.915.1014.90
Living RoomFirst18.11 x 13.518.1113.50
Master BedroomThird11.1 x 16.411.1016.40
Covered PorchThird18.8 x 11.318.8011.30

Listing Office: TH Coastal Realty

Last Updated: May - 01 - 2026

Information deemed reliable but not guaranteed.