This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$325,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
SELLER ACCEPTING BACKUP OFFERS!!! --------PRICE IMPROVEMENT! SELLERS HIGHLY MOTIVATED!! Located in the heart of Panama City Beach, this fully remodeled townhome offers a perfect blend of modern living and beachside convenience. With all furnishings conveying with the sale (except a few sentimental items), this property is ready to serve as your next vacation rental or primary residence. The sellers are offering the property AS IS, giving you a unique opportunity to own a beautifully updated space in one of the most sought-after beach destinations including Seltzer Park that located within 5 minutes of the property. Property Highlights: Fully Remodeled: Rebuilt with care and attention to detail after Hurricane Michael in 2018, this townhome features new, stylish finishes throughout. Turnkey: Move in and start living the beach life-every piece of furniture stays with the home, creating an ideal setup for vacation rentals or a full-time residence. Prime Location: Just a 5-minute walk to the stunning sugary sands of Panama City Beach, where you can relax or enjoy water activities or the bountiful sun. Perfect for Investment: Whether you're looking for a vacation rental or a cozy primary home, this property offers the flexibility to meet your needs. AS IS Sale: The property is being sold AS IS, offering a great value for those looking to put their personal touch on a beach home. Local Attractions: Pier Park: A short drive away, this open-air shopping and entertainment complex is home to a variety of restaurants, shops, and fun attractions like the SkyWheel. St. Andrews State Park: One of the best nature parks in the area, perfect for hiking, fishing, and exploring wildlife. Zoo World: A family-friendly destination for animal encounters, exhibits, and , and feedings. Shell Island: Accessible by boat, this pristine, uninhabited island is a must-see for beach lovers and nature enthusiasts alike. Whether you're seeking the perfect vacation retreat or a full-time residence with easy access to the beach and local attractions, this remodeled townhome is ready for you to call home. Don't miss out on this opportunity to own a piece of this Floridian paradise! This property is already on a vacation rental program. This is one of TWO townhomes that the Sellers are listing.
Full Property Details
Full Property Details for 5306 Thomas Dr #3
General
- Sold For: $325,000
- Taxes: $1,981 (2024)
- Status: Closed
- Type: Townhouse
- Source: Bay_County
- MLS ID: 775596
- Added to Site: 203 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Electric Oven, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Security/Safety: Closed Circuit Camera(s), Fire Sprinkler System, 24 Hour Security, Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Balcony
Location
- County: Bay
- Subdivision: Gulf Lagoon Beach
- Driving Directions: Please access your GPS technology for more accurate navigation
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Structure Type: Townhouse
- Sq. Ft. Source: Appraiser
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size: .04
- Lot Dimensions: 16 x 110
- Land Lease Avail: Yes
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $1,981
- Tax Year: 2024
Disclosures and Reports
- Legal Description: GULF LAGOON BEACH BEG 37.81' SELY OF SW COR OF LOT 6 TH NELY 110' SELY 16.50' SWLY 110' NWLY 16.50' TO POB AKA UNIT 3 BLK 18 ORB 4521 P 104 (6.03)
- Property ID: 32376-040-000
Get Pre-Approved Today
Schools
Schools serving 5306 Thomas Dr #3
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 | 7.3 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5306 Thomas Dr #3
Date
Details
Price
Change
Source
12/02/2025
Sold
$325,000
-5.25%
MLS
9/06/2025
Price Reduced
$343,000
-1.97%
MLS
8/08/2025
Price Reduced
$349,897
-2.67%
MLS
6/27/2025
Listed
$359,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5306 Thomas Drive #3, Panama City Beach, FL 32408 (MLS# 775596) is a Townhouse property that was sold at $325,000 on December 02, 2025. This property was listed by Catriese Johnson from our Panama City Beach - Thomas Dr. Office.Want to learn more about 5306 Thomas Drive #3? Do you have questions about finding other Townhouse 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.


