BEDS10
BATHS8 full 2 partial
SQUARE FEET5,156
MLS#791806
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
This brand-new, purpose-built vacation rental duplex on Thomas Drive is a rare turnkey investment opportunity in one of Panama City Beach's most desirable corridors -- and it's priced below appraised value. Constructed to the highest standards and designed from the ground up to maximize rental income, this fully furnished and professionally decorated property is ready to perform from day one. Each side of the duplex features 5 bedrooms, 4 full baths, and 1 half bath across three thoughtfully designed floors. The first floor welcomes guests with a stylish living area, a sleek modern kitchen, and a back porch patio opening to a meticulously paved private backyard. There, each unit has its own in-ground saltwater pool with a natural gas heater and remote control -- a premium amenity that drives top rental rates and keeps bookings strong throughout the season. The oversized lot is fully fenced, with a privacy divider between each side giving guests their own secluded retreat. Head upstairs to find a large master suite with an immaculate en-suite bath, two additional guest bedrooms -- one featuring built-in bunk beds perfect for families -- plus a dedicated laundry room, ample storage, and luggage areas on every level. The third floor crowns the property with another spacious master bedroom and en-suite bath, plus an additional guest room. Step out onto the large balcony and take in panoramic Gulf views while grilling on the built-in natural gas grill -- the ultimate beach party space for guests who want to entertain in style. The property is fully furnished and decorated by two leading designers, turnkey for short or long-term rental operations. A full fire suppression system reflects the level of quality and attention to detail that sets this build apart from anything else at this price point. Situated just moments from pristine white sandy beaches, St. Andrews State Park, and a variety of renowned restaurants and shopping, this property delivers the location, amenities, and income potential that serious investors are looking for. The second you walk in this one, you can feel the quality of the build and the materials used, this property is truly a must see to appreciate!!! Buyer to verify all square footage, zoning, and rental regulations. All information deemed reliable but not guaranteed.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified E
Fenced: Yes
Heating: Central, Electric, Fireplace(s)
Home Style: Duplex
Lot Size: 0.13 Acres
Roof Type: Metal
Stories: 3.0
Year Built: 2025
Amenities
Upper Level Primary
Barbecue
Covered Patio
Outdoor Shower
Feature Descriptions
Community Features: Barbecue, Short Term Rental Allowed
Exterior: Other, Wood Frame
Fencing: Fenced
Fireplace: Electric
Lot: Sprinkler System
Lot Dimensions: 50.0 ft x 110.0 ft
Parcel#: 32375-000-000
Patio/Porch: Balcony, Deck, Covered, Patio, Porch
Pool: In Ground, Salt Water, Private
Security: Carbon Monoxide Detector(s), Fire Sprinkler System
Sewer: Public Sewer
Special View Info: Gulf
Swimming Pool: Yes
Units: 2
Room Sizes
Primary Bathroom: 16.1 X 6.1 Level - Second
Primary Bathroom: 16.1 X 6.1 Level - Second
Half Bath: 8.5 X 3.3 Level - First
Half Bath: 8.5 X 3.3 Level - First
Kitchen: 18 X 20 Level - First
Kitchen: 18 X 20 Level - First
Living Room: 22 X 20 Level - First
Living Room: 22 X 20 Level - First
Primary Bedroom: 12.6 X 13.4 Level - Second
Primary Bedroom: 12.6 X 13.4 Level - Second
Local Schools
High School: Arnold
Middle School: Surfside
Elementary School: Patronis
Listed By / Shown By
Listed By
Agency Name: CENTURY 21 AllPoints Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 5,613.43 per month $4,963.01 Principal & Interest $0.00 Property Tax (data not provided by mls) $650.42 Homeowner's InsuranceChange Payment Information
5237 Thomas Drive, Unit A & B | MLS# 791806
This multi-family property located at 5237 Thomas Drive, Unit A & B, Panama City, FL 32408 is currently listed for sale with an asking price of $2,230,000. Search Panama City real estate on www.realtymark.net today.