NOT LISTED FOR SALE

5300 Thomas Dr P C Beach, FL 32408

Estimated Value: $952,000 - $1,668,007

10 Beds
10 Baths
4,652 Sq Ft
$282/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2024

Last sale price $1,610,000 $346 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $7,111 / mo

112 Days on Market

Highlights

  • In Ground Pool
  • Gulf View
  • Newly Painted Property
  • Patronis Elementary School Rated A-
  • Primary Bedroom Suite
  • Balcony

About This Home

As of October 2024

Embark on an investment journey with this eye-catching duplex, where the allure of Panama City Beach comes to life. This property offers breathtaking water vistas from its upper level and a spacious layout with five bedrooms on each side, plus additional bunk rooms, totaling 10 rooms alongside two bunk areas. Perfect for accommodating various group sizes, it ensures a comfortable and memorable stay for all guests. Step outside to enjoy the exclusive pool, a serene oasis just moments from your living space. With rental income projections ranging from $260,000 to $280,000, this duplex stands out as a premier investment opportunity in a coveted locale. Positioned merely a block from several beach accesses and two blocks from the famed Schooners seafood restaurant, the location is unbeatable.

Last Agent to Sell the Property

Christina Knox

Scenic Sotheby's International Realty Brokerage Email: christina.knox@scenicsir.com License #3567881 Listed on: 06/21/2024

Scenic Sotheby's International Realty

Last Buyer's Agent

Christina Knox

Scenic Sotheby's International Realty Brokerage Email: christina.knox@scenicsir.com License #3567881 Listed on: 06/21/2024

Scenic Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 74x110

Home Design

  • Duplex
  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 4,652 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Gulf Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 32376-020-000

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 74X110
  • Road Frontage Type: City Street
  • Subdivision Name: NA
  • Directions: If coming from the Halfway bridge turn onto Thomas Drive and all the way until it almost runs into the water and keep following it to the right at the light. It will be on the right hand side right after Irwin street.
  • Architectural Style: Duplex
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2024
  • Attribution Contact: christina.knox@scenicsir.com
  • Remarks Misc:Remarks: Embark on an investment journey with this eye-catching duplex, where the allure of Panama City Beach comes to life. This property offers breathtaking water vistas from its upper level and a spacious layout with five bedrooms on each side, plus additional bunk rooms, totaling 10 rooms alongside two bunk areas. Perfect for accommodating various group sizes, it ensures a comfortable and memorable stay for all guests. Step outside to enjoy the exclusive pool, a serene oasis just moments from your living space. With rental income projections ranging from $260,000 to $280,000, this duplex stands out as a premier investment opportunity in a coveted locale. Positioned merely a block from several beach accesses and two blocks from the famed Schooners seafood restaurant, the location is unbeatable.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Interior Amenities: Floor Laminate, Kitchen Island, Newly Painted, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Roof Metal, Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Balcony, Pool - In-Ground, Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Pool

Schools

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

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 32376-020-000
  • Zoning: Commercial
  • ResoLotSizeUnits: Acres

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
10/16/2024 10/16/24 Sold $1,610,000 -10.1% $346 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $1,790,000 -10.1% $385 / Sq Ft
06/21/2024 06/21/24 For Sale $1,990,000 0.0% $428 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $1,990,000 -9.5% $428 / Sq Ft
04/19/2024 04/19/24 For Sale $2,199,000 -- $473 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,557 $1,298,245 $253,642 $1,044,603
2024 $2,520 $201,546 $201,546 --
2023 $2,520 $201,546 $201,546 $0
2022 $2,331 $201,546 $201,546 $0
2021 $1,210 $88,407 $0 $0
2020 $1,043 $91,330 $91,330 $0
2019 $959 $83,028 $83,028 $0
2018 $831 $66,422 $0 $0
2017 $837 $66,422 $0 $0
2016 $820 $63,899 $0 $0
2015 $825 $62,515 $0 $0
2014 $824 $62,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 947821

Emerald Coast Association of REALTORS®

APN: 32376-020-000

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