About This Home
This 4-bedroom, 4-bathroom townhouse at 5509 Thomas Drive in Panama City, FL is listed for $1,349,900 ($527 per sqft). Built in 2020, the home offers 2,561 sqft of living space on a 0.13 acres lot.
Key Features
- Built in 2020
- 0.13 acre lot
- 2 stories
- Private pool
Property Details
Amenities
Live the Panama City Beach lifestyle you've been dreaming of--just steps from the Gulf of America! Originally built as the developer's personal residence, this distinctive coastal home is ideally positioned on a desirable corner lot and offers 4 bedrooms and 3.5 bathrooms, including two spacious master suites with plenty of room and privacy for family and guests.
Expansive wraparound balconies finished with beautiful brick pavers create an inviting extension of the living space--perfect for entertaining, relaxing in the coastal breeze, or taking in the Gulf views. A large inground pool provides your own private retreat for sunny Florida days and gatherings with family and friends.
Located in a golf cart-friendly community near marinas, St. Andrews State Park, popular restaurants, shopping, and the beach, the location puts the best of Panama City Beach within easy reach. Short-term rentals are allowed, adding excellent flexibility for buyers seeking a primary residence, second home, or investment property.
Rental projections indicate potential gross rental income upwards of $130,000 annually, subject to rental management, occupancy, rates, and market conditions. With its prime location, generous outdoor living spaces, private pool, Gulf views, and strong rental potential, this property offers an exciting opportunity to own a piece of the Panama City Beach lifestyle.
Monthly Cost Estimate
$7,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5509 Thomas Drive
Panama City, FL 32408
Beachside
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Outdoor Features
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom townhouse at 5509 Thomas Drive is listed at $1,349,900 ($527/sqft). The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2020, 0.13 acre lot, 2 stories, Private pool. Interior Features: DoubleVanity, MainLevelPrimary, SeparateShower. Exterior Features: Patio, OutdoorShower.
This property is listed by DJ T Janovyak and can be reached at 8502352551.
