5237 Thomas Drive Unit A & B, Panama City, FL 32408

$2,230,000
10
BD
10
BA

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List Price
$2,230,000
MLS#
791806
Status
ACTIVE
Type
Multifamily
Subtype
Duplex
Bedrooms
10
Bathrooms
10
Lot Size
5,227
Neighborhood
Beach - South of Grand Lagoon

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.

Additional Information

Acres
0.13
Elementary School
Patronis
Exterior Features
Barbecue, Covered Patio, Outdoor Shower
High School
Arnold
Interior Features
Upper Level Primary
Lot Dimensions
50.0 ft x 110.0 ft
Lot Features
Sprinkler System
Middle School
Surfside
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Barbecue, Short Term Rental Allowed
Stories
3
Subdivision
No Named Subdivision
Waterview
Gulf
Year Built
2025
Zoning
City, Commercial

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 AllPoints Realty.