$1,823,900
NEW CONSTRUCTION

5231 Thomas Dr Panama City, FL 32408

8 Beds
10 Baths
4,690 Sq Ft
$389 Price per Sq Ft

Highlights

  • New Construction
  • Private Pool
  • Balcony
  • Patronis Elementary School Rated A-
  • Deck
  • Porch

About 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.
Each 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.

Listing Agent

Whitney Moore

TH Coastal Realty Listed on: 03/22/2026

Co-Listing Agent

Steven Thew

TH Coastal Realty License #SL3487470

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2026 | New Construction

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 3-Story Property
  • Double Pane Windows
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Porch

Schools

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

Additional Features

  • Lot Dimensions are 60 x 220
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • 2 Units
  • Gulf Lagoon Beach Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 2026 | New Construction

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 2026
  • Property Sub Type: Duplex
  • Lot Size: 60 x 220
  • Road Frontage Type: City Street
  • Co List Office Mls Id: THCR
  • Co List Office Phone: 850-687-7179
  • Subdivision Name: Gulf Lagoon Beach
  • Architectural Style: Duplex
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Building Stories: 3
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Electric Oven, Electric Range
  • Interior Amenities: Interior Steps
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Dining Room, Living Room, Primary Bedroom, Porch
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: No
  • Exterior Features: Covered Patio
  • Patio And Porch Features: Balcony, Deck
  • Roof: Metal

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2026 03/22/26 For Sale $1,823,900 +461.4% $389 / Sq Ft
03/21/2026 03/21/26 For Sale $324,900 -- $139 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 787168

Central Panhandle Association of REALTORS®
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