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$974,900
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Property Description
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 with a temperature control system -- 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
Full Property Details for 5233 Thomas Dr
General
- Price: $974,900
- HOA FEE: $63/month
- HOA FEE FREQ.: Quarterly
- Status: Active
- Type: Duplex
- Source: Bay_County
- MLS ID: 793129
- Updated: 7/25/2026
- Added to Site: 15 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Balcony, Double Vanity, Interior Steps, Walk-In Closet(s)
- Appliances: Electric Oven, Electric Range
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Fenced, In Ground, Other, Salt Water, Private
Exterior
- Exterior Features: Covered Patio, Outdoor Shower
- Porch/Patio/Deck: Balcony, Deck, Covered, Patio
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
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Duplex
- Structure Type: Duplex
- Roof: Metal
- Windows: Double Pane Windows
- Stories/Levels: 3
- Sq. Ft. Source: Plans
- Year Built: 2026
Lot Features
- Lot Dimensions: 30 x 110
- Frontage: City Street
- Fencing (Description): Fenced
Financial Considerations
- Association Fee: $189
- Assoc Fee Freq.: Quarterly
Disclosures and Reports
- Legal Description: 5233 THOMAS DRIVE, A LAND CONDOMINIUM UNIT A ORB 4954 P 1896 LAND 2750 SF
- Property ID: 40001-803-001
Listed by TH Coastal Realty
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Schools
Schools serving 5233 Thomas Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 2 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5233 Thomas Dr
Date
Details
Price
Change
Source
7/25/2026
Listed
$974,900
29.99%
MLS
9/01/2021
Sold
$750,000
—
Public Record
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
Tax History for 5233 Thomas Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,674
-2%
$136,180
—
2023
$1,703
108%
$136,180
77%
2021
$817
-48%
$77,000
-43%
2022
$1,575
93%
$136,180
121%
2021
$817
26%
$61,710
25%
2019
$648
15%
$49,368
10%
2018
$562
-1%
$44,880
—
2017
$566
2%
$44,880
4%
2016
$554
-1%
$43,175
2%
2015
$557
—
$42,240
—
2014
$557
-4%
$42,240
-15%
2013
$578
—
$49,500
—
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
Estimate the Cost for 5233 Thomas Dr
5233 Thomas Drive, Panama City Beach, FL 32408 (MLS# 793129) is a Duplex property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 5233 Thomas Drive is currently listed for $974,900 and was received on July 25, 2026. Want to learn more about 5233 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.

