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$2,389,000

5237 N Thomas Dr Panama City, FL 32408

10 beds
8 full, 2 partial
5,156 sqft
$463 / sqft
Multi-Family

Property details

About 5237 N Thomas Dr

Back on Market . Better then was before! Brand new 10 bedroom House : Casa Doppia Dell'alba Don't miss this exceptional opportunity to acquire a stunning duplex featuring two private heated ( natural gas heaters)pools with remote controls for Owner on the big fenced lot. This brand-new Duplex is strategically located and priced below appraisal value, offering an outstanding return on investment. Short and long term rentals ready.Situated in a desirable beach neighborhood, this property is just moments away from pristine white sandy beaches, the beautiful St. Andrews Park, and a selection of renowned restaurants and shopping centers.The duplex is remarkably spacious, boasting 10 bedrooms (5 on each side) and 4.5 bathrooms on each side, along with two luxurious private pools and numerous premium extras, including a third-floor beach party space with breathtaking ocean views and built in natural gas grill.Fully furnished and decorated by a leading designer, House is turn key for rental operations. The interior features an expansive first floor with a stylish living area, a sleek modern kitchen, and a back porch patio. Step outside to find a meticulously paved private backyard with an in-ground saltwater pool.On the second floor, experience the grandeur of a large master bedroom complete with an immaculate master bath, plus two guest bedrooms--one equipped with built-in bunk beds to accommodate younger travelers.The third floor offers another spacious master bedroom with an en-suite bath, along with an additional guest bedroom. The large balcony presents panoramic Gulf views and serves as the perfect space for grilling and entertaining, creating an ideal gathering spot.Each side of the duplex includes a dedicated laundry room with washer and dryer , ample storage, and luggage areas, making this property not just a home, but a premier investment opportunity. Must see to appreciate.

Highlights

Home typeDuplex
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Size5,156 sqft
Year built2025
MLS #772367
FireplaceElectric
ViewGulf
Private poolYes

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 8
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Fireplace: Electric
  • Total Bedroom Count: 10
  • Private Pool: Yes
  • View: Gulf
  • Exterior: Built-in Barbecue, Balcony, Covered Patio, Sprinkler/Irrigation, Outdoor Shower
  • Architectural Style: Duplex
  • Heating: Central, Electric, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • List Price: $2,389,000
  • Price/SqFt: $463
  • Lot: Landscaped
  • 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.
  • Year Built: 2025
  • Living Area: 5,156 SqFt
  • MLS Number: 772367
  • MLS Name: BCAR
  • Office Name: Prok Invest 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: 7/22/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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. The most common annual income of people living in Panama City, FL is between $35k-100k. The majority of families are single, no kids. 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

Frequently asked questions

About 5237 N Thomas Dr

The listing price of 5237 N Thomas Dr property is $2,389,000.

The property 5237 N Thomas Dr is a multi located in Panama City, Florida, 32408.

Active Listing: 5237 N Thomas Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5237 N 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).

The property 5237 N Thomas Dr is 5,156 SqFt (source: MLS/tax record).

The year of construction for 5237 N Thomas Dr is 2025.

This home is located at 5237 N Thomas Dr in Panama City, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This 5,156 square foot home was built in 2025. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $2,389,000.

In June 2025, from all listings sold in Panama City, FL there were more than 26 sold above asking price, over 144 sold below and more than 47 were sold right at the asked price. Between May and June 2025, Panama City, FL real estate market has seen decrease in the number of listings by 2.4%. The median list price of listings available in June 2025 was $330,871, while the average time on the real estate market was 78 days.

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

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