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5312 Thomas Drive, 
Panama City Beach, FL 32408

$977,500


4

Beds


5

Baths


2,396

Sq Ft


Single Family

Active

Listed by

Shelly M Callaway

Century 21 Ryan Realty Inc

Last updated:

September 12, 2025, 10:11 PM

MLS#

778899

Source:

FL BCMLS

About This Home

5312 Thomas Drive

Luxury 3-Story GULF VIEW BEACH HOME with Heated Saltwater Pool | STR | No HOA | No Flood | Turnkey | Vacation-Lifestyle Ready 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 potential, turnkey STR with Projections of $115K+ after 2025 updates. 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!

Home Facts

Single Family

5 Baths

4 Bedrooms

Built in 2006

Price Summary

977,500

$407 per Sq. Ft.

MLS #:

778899

Last Updated:

September 12, 2025, 10:11 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

3

Interior

Living Area:

2,396 Sq. Ft.


Structure

Structure

Architectural Style:

Coastal

Building Area:

2,396 Sq. Ft.

Year Built:

2006


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$977,500

Price per Sq. Ft:

$407 per Sq. Ft.

Source:FL BCMLS
The information being provided by Central Panhandle Association of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association of Realtors. Century 21 Ryan Realty Inc is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Century 21 Ryan Realty Inc, a broker participant of Central Panhandle Association of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Central Panhandle Association of Realtors. All rights reserved.

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