$999,000

5405 Thomas Dr Panama City, FL 32408

$10,000
Closing credit¹
4 beds
3 full, 1 partial
2,537 sqft
0.6 acres
$394 / sqft
Townhouse

Property details

About 5405 Thomas Dr

Located just steps from the sugar-white sands of Panama City Beach's quiet east end, this beach home combines the best of location, functionality, and flexibility. With no HOA and the freedom to offer short-term rentals, this property is ideal for a serene retreat, full-time residence, or vacation rental. The thoughtfully designed layout spans multiple levels, ensuring both privacy and spaces for gathering. The first floor features three bedrooms, two full baths with granite countertops, and a convenient laundry area. Ascend to the second floor to a spacious great room with cathedral ceilings, beautiful hardwood floors, and an open kitchen. Stainless steel appliances, a kitchen island and breakfast bar make this space functional and inviting - perfect for hosting or enjoying casual meals. Step out onto the second-floor balcony to enjoy a morning coffee or the evening breezes. The master suite on this level creates a private sanctuary, complete with a well-appointed bathroom featuring a walk-in shower and separate water closet. On the third floor, you will find another balcony and a versatile loft area that can be transformed according to your needs - whether as an additional bedroom, game room, or entertainment hub. Outside, the fenced yard and patio area provide a private space for relaxation or gatherings. Located just a short stroll from local favorites like Schooner's and a quick drive to St Andrews State Park, marinas, golf, shopping and dining, this home offers the perfect blend of peaceful seclusion and convenient access to attractions. If versatile design, spacious living, and steps-to-the-beach convenience are on your wish list, make it a point to see this home. Call to schedule a private tour today!

Highlights

Home typeTownhouse
HeatingElectric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size2,537 sqft
Lot size0.58 Acres
Year built2005
ParkingAttached, Garage
MLS #765210
Attached garage1 space

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Washer
  • Interior: Smart Home, Loft
  • Total Bedroom Count: 4
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage
  • Exterior: Balcony, Outdoor Shower, Storm/Security Shutters
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $999,000
  • Price/SqFt: $393
  • Directions: Travel east on Thomas Dr towards State Park. Property on right between Biltmore and Hurt Street.
  • Year Built: 2005
  • Living Area: 2,537 SqFt
  • Lot Size: 0.58 Acres
  • MLS Number: 765210
  • MLS Name: BCAR
  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

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: 5/2/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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wooden balcony featuring a deck

$999,000

5405 Thomas Dr

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Patronis Elementary School

Public District KG-5

1.9 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, FL residents have annual incomes between $35k-100k. Typical family type is 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

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Frequently asked questions

About 5405 Thomas Dr

The listing price of 5405 Thomas Dr property is $999,000.

The property 5405 Thomas Dr is a townhouse located in Panama City, Florida, 32408.

Active Listing: 5405 Thomas Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5405 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 at 5405 Thomas Dr has 4 bedrooms and 3 full and 1 half bathrooms.

The property 5405 Thomas Dr is 2,537 SqFt (source: MLS/tax record).

The year of construction for 5405 Thomas Dr is 2005.

This home is located at 5405 Thomas Dr in Panama City, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This 2,537 square foot home, which was built in 2005, sits on a 0.58 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $999,000.

In April 2025, from all listings sold in Panama City, FL there were more than 20 sold above asking price, over 127 sold below and more than 60 were sold right at the asked price. Between March and April 2025, Panama City, FL real estate market has seen increase in the number of listings by 2.2%. The median list price of listings available in April 2025 was $334,464, while the average time on the real estate market was 83 days.

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

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