$259,000
Panama City Beach, FL 32408
MLS# 777552
1 beds | 1 baths | 590 sqft

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Property Description
Rare-to-Market Ground-Floor Gulf View Condo - Fully Renovated & Steps to the Beach! Opportunities like this are exceptionally rare—units in Merrimac Resort seldom come to market, and this one is a showstopper. Enjoy sparkling Gulf water views, a low HOA, and a prime ground-floor location just steps from the sugar-white sands of Panama City Beach. This completely remodeled 1-bedroom, 1-bath retreat blends coastal charm with modern luxury. The kitchen is a chef's delight with stainless steel appliances, a custom tile backsplash, and endless granite countertops. Freshly painted and designer-furnished (all furnishings convey), this condo is truly turnkey and rental-ready. Inside, ceramic tile flooring flows throughout, two new flat-screen TVs are installed. The living area offers a sleeper sofa for guests, while the tranquil master bedroom features a plush queen bed. The bathroom boasts a brand-new vanity, adding a polished, spa-like touch. From your front door, you're only steps to Beach Access #6 and the resort-style pool. Park directly in front—no stairs, no elevators—just effortless coastal living. Located on the quiet east end of Thomas Drive, you're a half block from Schooners Beachfront Restaurant and two blocks from St. Andrews State Park. With low ownership costs, and a location that keeps guests returning year after year, this Gulf-view gem is perfect as a private escape, investment property, or both. Perfectly positioned just steps from the sugar-white sands and crystal-clear waters of Panama City Beach, Merrimac Resort offers an intimate, low-rise coastal retreat on the peaceful, sought-after eastern end of Thomas Drive. This boutique community features a sparkling resort-style pool, inviting grill and picnic areas, and a welcoming atmosphere that captures the essence of laid-back Gulf living. Here, you're within walking distance of Schooners Beachside Bar & Grill, a beloved local landmark for fresh seafood and live music at sunset. Less than a mile away, the pristine beauty of St. Andrews State Park awaits—where Grand Lagoon's calm waters meet the majestic Gulf of Mexico. Enjoy swimming, fishing, kayaking, and nature trails in a tranquil setting, far from the crowded tourist spots. At Merrimac Resort, every day feels like vacation, whether you're lounging poolside, strolling to the beach, or exploring the best of Panama City Beach's natural and culinary treasures.
Details
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Contract Info
Status: Active
List Date: 2025-08-13
List Price: $259,000
List Price/SqFt: 438.98
Current Price: $259,000
Location
Area: 03 - Bay County - Beach
Street #: 5301
Street Name: Thomas
Street Suffix: Drive
Unit #: 32
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Merrimac Resort Condo Ph 1
Community/Resort: None
Waterfront: No
Parcel ID: 32383-014-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: South on Thomas Drive from Grand Lagoon Bridge turn right at curve property located at 5301 Thomas Drive 2 blocks from light.
Legal Description: MERRIMAC RESORT CONDO PH III-A UNIT 32 ORB 1944 P 2018 1BR 1B 590 H&C ORB 3822 P 2382 (FYI OLD ADDRESS 5302 GULF DR)
General Property Info
Sub-Type: Condominium
Floor Number: 1
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 590
SqFt Source: Prop App Site
Bedrooms: 1
Full Baths: 1
Total Baths: 1
Year Built: 2002
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: No Land
Pool: Yes
Pool Type: Community
Property Features
Appliances: Disposal; Dryer; Washer; Water Heater - Electric
Full Bathroom: First
Master Bedroom: First
Cooling: Ceiling Fan(s); Electric; Multi Units; Window Unit(s)
Heating: Furnace - Wall
Exterior: Columns; Patio Open; Porch Covered; Porch Open
Association Fees Include: Accounting; TV Cable; Dumpster; Insurance; Internet Service; Internet-WiFi; Ground Keeping; Management; Water
Financing: Conventional
Furnished: Furnished
Lot Access: State Highway
Dining Room: First
Pool Features: Fenced; Gunite Concrete; Inground
Security Features: Fire Alarm; Smoke Detector(s)
Parking Features: Oversized
Association Amenities: BBQ Pit/Grill; Beach; Dumpster; Pavilion/Gazebo; Pool; Other - See Remarks
Rooms: Dining Room; Full Bathroom; Master Bedroom
Utilities: Electricity - Connected; Garbage; Lift Station; Public Sewer - Connected; Public Water - Connected
Waterview: Gulf
Present Zoning: Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Master Bedroom | First | 16 x 14 | 16.00 | 14.00 | 16 x 14 | |
| Dining Room | First | 22 x 14 | 22.00 | 14.00 | 22 x 14 | dining / kithen |
| Full Bathroom | First | 10 x 9.5 | 10.00 | 9.50 | 10 x 9.5 |
Listing Office: RealJoy Realty LLC
Last Updated: October - 11 - 2025
Information deemed reliable but not guaranteed.
