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5522 Thomas Drive, Panama City, FL 32408

$999,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,095 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $999,000 List Date: 3/17/2026 Last Modified: 4/06/2026

Description

Gulf-View Coastal Retreat | Prime Investment + Luxury Living Welcome to your private tropical oasis--this beautifully updated and professionally designed home offers stunning Gulf views, exceptional indoor-outdoor living, and outstanding short-term rental potential in one of the most desirable areas along Thomas Drive. Thoughtfully curated with high-end finishes, lush landscaping, and inviting entertaining spaces, this property is built to impress both owners and guests alike. The open-concept living, dining, and kitchen area on the second floor is filled with natural light and flows seamlessly onto a spacious balcony--perfect for taking in Gulf views and coastal breezes. With two master suites plus two additional generously sized bedrooms, this home comfortably accommodates large groups, maximizing occupancy and rental income. The first-floor master suite features a private entrance and lock-out capability, creating the ideal setup for a separate rental unit or flexible guest quarters--an investor's dream for dual-income potential. Step outside to your own fenced backyard retreat, complete with a 7-person hot tub, designed for relaxation and memorable guest experiences that drive repeat bookings and top-tier reviews. Located just steps from the beach and minutes from dining, entertainment, and outdoor adventure--including St. Andrews State Park--this home offers the perfect balance of privacy and accessibility in a high-demand vacation market. Investment Highlights: • Strong Airbnb / VRBO income potential • Flexible lock-out floor plan for multiple revenue streams • Gulf views + walkable beach access (premium nightly rates) • Turnkey condition--ideal for immediate rental or personal use • Located in a proven high-demand vacation rental corridor. Whether you're looking for a high-performing investment or a luxurious coastal escape, this property truly offers the best of both worlds. (Buyer to verify all information and dimensions deemed important.)

More Information MLS# 786911

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 7430 Last Tax Year: 2025 Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 476.85 Status: Active List Date: 2026-03-17 List Price: $999,000 Current Price: $999,000

Location

Sub Area: 0323 - Beach - South of Grand Lagoon Community/Resort: None Waterfront: No Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: Heading South on Thomas Drive from 98, cross the Grand Lagoon bridge by Captain Andersons. Follow Thomas Drive around to the West. Area: 03 - Bay County - Beach Street #: 5522 Street Name: Thomas Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Subdivision: Gulf Lagoon Beach Parcel ID: 32363-000-000 Legal Description: GULF LAGOON BEACH LOT 3 BLK 16 ORB 4615 P 272

General Property Info

Acreage: 0.13 Design: Beach House Lot Size (SqFt): 5663 Apx SqFt(Htd/Cooled): 2095 Construction Status: Construction Complete SqFt Source: Prop App Site Half Baths: 1 Lot Dimensions: 50 x 110 New Construction: No Garage Y/N: No Pool: No Sub-Type: Detached Single Family Bedrooms: 4 Full Baths: 3 Total Baths: 4 Year Built: 2019

Remarks & Misc

Remarks: Gulf-View Coastal Retreat | Prime Investment + Luxury Living Welcome to your private tropical oasis--this beautifully updated and professionally designed home offers stunning Gulf views, exceptional indoor-outdoor living, and outstanding short-term rental potential in one of the most desirable areas along Thomas Drive. Thoughtfully curated with high-end finishes, lush landscaping, and inviting entertaining spaces, this property is built to impress both owners and guests alike. The open-concept living, dining, and kitchen area on the second floor is filled with natural light and flows seamlessly onto a spacious balcony--perfect for taking in Gulf views and coastal breezes. With two master suites plus two additional generously sized bedrooms, this home comfortably accommodates large groups, maximizing occupancy and rental income. The first-floor master suite features a private entrance and lock-out capability, creating the ideal setup for a separate rental unit or flexible guest quarters--an investor's dream for dual-income potential. Step outside to your own fenced backyard retreat, complete with a 7-person hot tub, designed for relaxation and memorable guest experiences that drive repeat bookings and top-tier reviews. Located just steps from the beach and minutes from dining, entertainment, and outdoor adventure--including St. Andrews State Park--this home offers the perfect balance of privacy and accessibility in a high-demand vacation market. Investment Highlights: • Strong Airbnb / VRBO income potential • Flexible lock-out floor plan for multiple revenue streams • Gulf views + walkable beach access (premium nightly rates) • Turnkey condition--ideal for immediate rental or personal use • Located in a proven high-demand vacation rental corridor. Whether you're looking for a high-performing investment or a luxurious coastal escape, this property truly offers the best of both worlds. (Buyer to verify all information and dimensions deemed important.)

Balcony

Second: 1

Great Room

Second: 1

Pool Features

Spa/ Hot Tub: 1

Appliances

Bar Fridge: 1 Cooktop - Electric: 1 Dishwasher: 1 Disposal: 1 Microwave: 1 Oven - Electric: 1 Refrigerator: 1

Interior Features

Floor - Vinyl Plank: 1 Guest Quarters: 1 Kitchen Island: 1 Lock Out Unit: 1

Exterior

Balcony: 1 Deck Open: 1 Fenced Back Yard: 1 Shower: 1 Patio Open: 1

Furnished

Furnished: 1

Lot Features

Near Beach Access: 1 Within 1/2 Mile to Water: 1

Lot Access

Paved Road: 1

Rooms

Balcony: 1 Great Room: 1 Master Bedroom: 1

Utilities

Electricity - Connected: 1 Public Sewer - Connected: 1 Public Water - Connected: 1

Waterview

Gulf: 1

Master Bedroom

First: 1 Second: 1

Property Features

Appliances: Bar Fridge; Cooktop - Electric; Dishwasher; Disposal; Microwave; Oven - Electric; Refrigerator Master Bedroom: First; Second Exterior: Balcony; Deck Open; Fenced Back Yard; Shower; Patio Open Furnished: Furnished Lot Features: Near Beach Access; Within 1/2 Mile to Water Lot Access: Paved Road Balcony: Second Great Room: Second Pool Features: Spa/ Hot Tub Rooms: Balcony; Great Room; Master Bedroom Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected Waterview: Gulf

Room Information

Master Bedroom Level: First Dimensions: 17 x 15 Length: 17.00 Width: 15.00 Dimensions: 17 x 15 Master Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Great Room Level: Second Dimensions: 14 x 24 Length: 14.00 Width: 24.00 Dimensions: 14 x 24 Balcony Level: Second Dimensions: 24 x 10 Length: 24.00 Width: 10.00 Dimensions: 24 x 10
Listing Office: Beachy Beach Real Estate
Last Updated: April - 06 - 2026
Information deemed reliable but not guaranteed.