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Furnished Duplex With Private Pools
For Sale
$2,185,000

5237 Thomas Drive, Panama City, FL 32408

Residential, Panama City, FL

Property Size5,156 SF
Lot Size0.13 Acres
Price / SF$423.78
Days on Market93

Property Features for 5237 Thomas Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description City, Commercial
Bedrooms 10
Bathrooms 10
Full bathrooms 8
Half bathrooms 2
Rooms Living Room, Bedroom 8, Bedroom 4, Bathroom 10, Bathroom 7, Bathroom 8, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 9, Bedroom 7, Bedroom 10, Bedroom 9, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 6, Bathroom 6, Bedroom 5
Patio and Porch features Patio, Deck, Porch
Pool private 1
Interior features UpperLevelPrimary
Exterior features Barbecue, CoveredPatio, OutdoorShower
Fencing Fenced
Fireplace 1
Subdivision No Named Subdivision
Lot features Sprinkler System
Elementary school Patronis
Middle school Surfside
High school Arnold
Directions Please take south off HWY 98 onto Thomas Drive toward the beach. On junction with South Thomas drive make a right and drive about 1 mile. House located on the right side of the road.
Standard status Active
APN 32375-000-000
Size 5,156 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GULF LAGOON BEACH LOT 3 BLK 18 ORB 4705 P 2250
Legal Description GULF LAGOON BEACH LOT 3 BLK 18 ORB 4705 P 2250

Utilities

Sewer type Public Sewer
Heating system Central, Fireplace(s), Electric (Heating)
Cooling system ENERGY STAR Qualified Equipment, Central Air, Ceiling Fan(s)

Amenities

in-ground saltwater pool
back porch patio
private backyard
fully fenced
privacy divider
large balcony
built-in natural gas grill
laundry room
luggage areas

Building Details

Year built 2025
Floors in Building 3
Number of units 2
Building materials WoodFrame
Roof type Metal
Architectural style Other
Listing Agency: CENTURY 21 AllPoints Realty
Listed By: Christopher C Jennings · License #3287657
Added: Jun 24 Changed: Sep 15 Last Checked: Sep 24 at 7:06PM
MLS# 791806

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.

Investment Insights

Based on property information with market context.

This 5,156-square-foot duplex contains two independently configured residences, each arranged across three floors with 5 bedrooms, 4 full bathrooms, and 1 half bathroom. Both sides include a living area, modern kitchen, laundry room, storage and luggage areas, furnished interiors, and designer finishes. Each residence also has a private in-ground saltwater pool with a natural gas heater, a fenced backyard, outdoor shower, covered patio, and separate privacy divider. Upper-level balconies provide Gulf views and include built-in natural gas grills. A fire suppression system, central air, electric heating, metal roofing, and public sewer are among the property improvements.

The 0.13-acre property is located on Thomas Drive in Panama City, near white-sand beaches, St. Andrews State Park, restaurants, and shopping. The residences are furnished for short- or long-term rental operations and include private outdoor amenities for each side.

Key Highlights

  • 5,156‑square‑foot duplex with two three‑story residences
  • Each side includes 5 bedrooms, 4 full baths, and 1 half bath
  • Private in‑ground saltwater pool with natural gas heater for each residence

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Nail Salon Pharmacy Plumbing Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-story residences offer Gulf views, enclosed outdoor space, and short- or long-term rental use.
Where is this duplex located?
The property is located at 5237 Thomas Drive Panama City, FL.
What is the asking price?
The asking price for this property is $2,185,000.
What are key features of this property?
This property features: 5,156‑square‑foot duplex with two three‑story residences; Each side includes 5 bedrooms, 4 full baths, and 1 half bath; Private in‑ground saltwater pool with natural gas heater for each residence
More about this property
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