Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$874,900

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • Updated 11 days ago
See This Home
Save This Home
See This Home
Save This Home
NO RENTAL RESTRICTIONS!!! This limited collection of vacation homes offers an exceptional opportunity to own in one of the area's most sought-after locations - literally across the street from the sugar-white sands and shimmering Gulf waters. This home showcases spacious, open-concept designs with 4 bedrooms, 4.5 baths, and a bunk room. Enjoy high-end finishes, stylish coastal architecture, and your own private pool - the ultimate spot for relaxing or entertaining after a day at the beach. Expansive covered porches invite you to take in stunning sunrises and sunsets in true coastal style. Close to popular restaurants (walk to Schooner's), shops, golf courses, and water activities, this community also offers convenient access to Panama City proper and the Northwest Florida Beaches International Airport.

Full Property Details for 5229 Thomas Dr

General

  • Price: $874,900
  • Status: Active
  • Type: Duplex
  • Source: Bay_County
  • MLS ID: 783167
  • Updated: 1/6/2026
  • Added to Site: 14 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Interior Steps
  • Appliances: Electric Oven, Electric Range
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Private

Exterior

  • Exterior Features: Covered Patio
  • Porch/Patio/Deck: Balcony, Deck

Location

  • County: Bay
  • Subdivision: Gulf Lagoon Beach
  • Driving Directions: Just north of Schooner's restaurrant on Thomas Dr

School Information

  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Windows: Double Pane Windows
  • Stories/Levels: 3
  • Sq. Ft. Source: Plans
  • Year Built: 2026

Lot Features

  • Lot Dimensions: 30 x 110
  • Frontage: City Street

Disclosures and Reports

  • Legal Description: GULF LAGOON BEACH LOT 1 BLK 18 ORB 4463 P 646
  • Property ID: 32373-000-000

Listed by TH Coastal Realty

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 5229 Thomas Dr —

  • TH Coastal Realty

  • TH Coastal Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5229 Thomas Dr

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-52 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.4 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-125.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5229 Thomas Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/03/2026
Listed
$874,900
34.6%
MLS
9/24/2025
Sold
$650,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5229 Thomas Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,008
-2%
$163,416
—
2023
$2,043
108%
$163,416
77%
2021
$981
-48%
$92,400
-43%
2022
$1,890
93%
$163,416
121%
2021
$981
26%
$74,052
25%
2019
$778
15%
$59,242
10%
2018
$674
-1%
$53,856
—
2017
$679
2%
$53,856
4%
2016
$665
-1%
$51,810
2%
2015
$669
—
$50,688
—
2014
$668
-4%
$50,688
-15%
2013
$694
—
$59,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5229 Thomas Dr

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by TH Coastal Realty

Similar Properties near 5229 Thomas Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5233 Thomas Dr, Panama City Beach, FL 32408 - Photo 1
$874,900

5233 Thomas Dr  Panama City Beach, FL 32408

  • Duplex
  • Active
  • Updated 11 days ago
  • 4
    Beds
  • 5
    Total Baths

Just Listed near 5229 Thomas Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10343 E County Hwy 30A E, Rosemary Beach, FL 32461 - Photo 1 Just Listed
$489,900

10343 E County Hwy 30A E  #B477  Rosemary Beach, FL 32461

  • Condo / Townhouse
  • Active
  • Updated 23 hours ago
  • 1
    Total Bath
  • 346
    Sq. Ft.
38 Shinbone, Alys Beach, FL 32461 - Photo 1 Just Listed
$9,995,000

38 Shinbone  Alys Beach, FL 32461

  • Single Family
  • Active
  • Updated 14 hours ago
  • 4
    Beds
  • 6
    Total Baths
  • 3,747
    Sq. Ft.
21 Rosecourt St, Watersound, FL 32461 - Photo 1 Just Listed
$1,875,000

21 Rosecourt St  Watersound, FL 32461

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,947
    Sq. Ft.
8 Barefoot Ln, Seacrest, FL 32461 - Photo 1 Just Listed
$1,725,000

8 Barefoot Ln  Seacrest, FL 32461

  • Single Family
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 5
    Total Baths
  • 2,451
    Sq. Ft.

Price Reduced near 5229 Thomas Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

43 Rosecourt St, Watersound, FL 32461 - Photo 1 Price Reduced
-$75,000 (-4.05%)
$1,775,000

43 Rosecourt St  Watersound, FL 32461

  • Single Family
  • Active
  • Updated 12 hours ago
  • 4
    Beds
  • 5
    Total Baths
  • 2,881
    Sq. Ft.
290 Windrow Way, Watersound, FL 32461 - Photo 1 Price Reduced
-$5,000 (-0.54%)
$924,000

290 Windrow Way  Watersound, FL 32461

  • Single Family
  • Active
  • Updated 16 hours ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,430
    Sq. Ft.
102 Firefly Way, Watersound, FL 32461 - Photo 1 Price Reduced
-$56,000 (-6.19%)
$849,000

102 Firefly Way  Watersound, FL 32461

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,944
    Sq. Ft.
8855 E County Hwy 30A E, Seacrest, FL 32461 - Photo 1 Price Reduced
-$100,000 (-2.06%)
$4,750,000

8855 E County Hwy 30A E  Seacrest, FL 32461

  • Single Family
  • Active
  • Updated 2 days ago
  • 8
    Beds
  • 7
    Total Baths
  • 6,869
    Sq. Ft.

Recent Sales near 5229 Thomas Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

6403 Beach Dr, Panama City Beach, FL 32408 - Photo 1 Sold
$749,000

6403 Beach Dr  Panama City Beach, FL 32408

  • Single Family
  • Closed
  • Updated 11 days ago
  • 3
    Beds
  • 4
    Total Baths
6431 S Lagoon Dr, Panama City Beach, FL 32408 - Photo 1 Sold
$960,000

6431 S Lagoon Dr  Panama City Beach, FL 32408

  • Single Family
  • Closed
  • Updated 11 days ago
  • 5
    Beds
  • 4
    Total Baths
Listed by Marina Grigoryan
6424 Sunset Ave, Panama City Beach, FL 32408 - Photo 1 Sold
$878,000

6424 Sunset Ave  Panama City Beach, FL 32408

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,271
    Sq. Ft.
525 Wahoo Rd, Panama City Beach, FL 32408 - Photo 1 Sold
$860,000

525 Wahoo Rd  Panama City Beach, FL 32408

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths

5229 Thomas Drive, Panama City Beach, FL 32408 (MLS# 783167) is a Duplex property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 5229 Thomas Drive is currently listed for $874,900 and was received on January 03, 2026. Want to learn more about 5229 Thomas Drive? Do you have questions about finding other Duplex real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

Tour this property