$395,000

5229 Thomas Dr Panama City Beach, FL 32408

0.1 acres
Land

Property details

About 5229 Thomas Dr

Prime opportunity awaits with this vacant land zoned C1, allowing for the construction of a stunning 3-story duplex or single family house. Just steps away from beach access and schooners (350 feet), this cleared lot in unincorporated Bay County offers the perfect canvas for your vision. Water, sewer, and gas are readily available, alongside a survey and builder plans, making this 50x110 lot a developer's dream. Located in flood zone X. The seller will not sell this lot separately; it must be purchased with 5233 Thomas Drive. All information should be verified by buyer if important.

Highlights

Home typeResidential
StatusAccepting Backup Offers
(Active Under Contract)
Lot size0.13 Acres
MLS #769840

Summary

  • List Price: $395,000
  • Annual Tax Amount: $2,043
  • Tax Year: 2023
  • Lot: Cleared
  • Directions: Traveling West on Thomas Drive, lot will be on your right hand side.
  • Lot Size: 0.13 Acres
  • MLS Number: 769840
  • MLS Name: BCAR
  • Office Name: Seltzer Real Estate, LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 12:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$395,000

5229 Thomas Dr

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 20, 1997
Home Sold
$75,000

Tax history

YearAssessmentProperty Tax
2023$163,416$2,043
2022$163,416$1,890
2021$92,400$1,890

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

2.0 mi

7400 Patronis Dr

5

Lucille Moore Elementary School

Public District PK-5

4.0 mi

1900 Michigan Ave

1

St. Andrew School at Oakland Terrace

Public District PK-5

4.3 mi

2010 W 12th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,776. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

37%
<35k
49%
35k-100k
8%
100k-200k
6%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

57%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • College FootballCollege Football

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • KiaKia

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 5229 Thomas Dr

The listing price of 5229 Thomas Dr property is $395,000.

The property 5229 Thomas Dr is land located in Panama City Beach, Florida, 32408.

Accepting Backup Offers: 5229 Thomas Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 5229 Thomas Dr are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Breakfast Point Academy (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10), Bay Virtual Franchise (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $2,043 (source: MLS/based on county public records data).

The last sale was on November 20, 1997 for $75,000 (source: MLS/tax record).

The property 5229 Thomas Dr is 0.13 acres.

This home is located at 5229 Thomas Dr in Panama City Beach, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $395,000.

While more than 20 listings in Panama City Beach, FL in April 2025 were sold above asking price, there were more than 60 listings sold at asking price, and more than 127 were sold below. In April 2025 in Panama City Beach, FL there were 2.2% more homes for sale than in March. Listings spent 83 days on the market in April 2025, and had a median list price of $334,464 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources