About This Home

This 3-bedroom, 2-bathroom condo at 5801 Thomas Drive #204 in Panama City Beach, FL is listed for $524,995 ($421 per sqft). Built in 1982, the home offers 1,248 sqft of living space on a N/A lot.

Key Features

  • Built in 1982
  • Waterfront

Property Details

2 full
#204
1982

Amenities

WaterfrontA/C
Listing Description

Welcome to your own piece of paradise in Panama City Beach! This well-maintained 3-bedroom, 2-bathroom condo is the perfect combination of comfort, convenience, and flexibility-ideal as a secondary home, primary residence, or investment property. The condo is being sold fully furnished, making it easy to move in, enjoy immediately, or begin using as a rental.

The current owner has lovingly used the property as a getaway home for herself and her family while also listing it on AirBnB. Rental history and income documentation available upon request. Inside, the condo features freshly painted interiors, granite countertops, and tile flooring throughout, creating a clean, coastal feel that's both attractive and easy to maintain.

Located on the 2nd floor, the unit has some limited views of the Gulf while still allowing you to enjoy one of the best parts of beach living-t he sound of the waves. The unit also provides quick and convenient access to both the pool and beach without being on the first floor.

One of the property's biggest advantages is its beachside location. The building is situated directly on the beach, so there's no street to cross when you're ready to head down to the sand and surf. Whether you're looking for a place to make family memories, a comfortable full-time residence, or a property with established rental potential, this condo is an excellent opportunity to own in one of Florida's most popular beach destinations.

Monthly Cost Estimate

$3,657/mo

20% down · 6.5% · 30 years

Principal$380
Interest$2,275
Insurance$153
HOA$849

Estimates only. Actual payments may vary.

Location

5801 Thomas Drive #204

Panama City Beach, FL 32408

Thomas Drive Park U-1

Features & Amenities

Interior Features

UpperLevelPrimary

Property Details

Construction

Concrete Stucco

Heating

Electric (Heating)Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom condo at 5801 Thomas Drive is listed at $524,995 ($421/sqft). The estimated monthly payment is $3,657 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $849/month.

Key features include: Built in 1982, Waterfront. Interior Features: UpperLevelPrimary.

This property is listed by Steven Koleno and can be reached at 8046565007.

SK

Steven Koleno

Agent at beycome

(804) 656-5007
Agent website

Listed by beycome · Broker phone: (844) 239-2663 · View on Broker Site · Broker website

MLS# 794876· Source: Central Panhandle Association of REALTORS· 47 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5801 Thomas Drive #204, Panama City Beach, FL 32408

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