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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5509 Thomas Dr , Panama City Beach, FL 32408
$1,349,900
Est. Payment: $7,458.00/mo
4 Bed
4 Bath
2561 Sqft
0.13 Acres
Status: Active | Days on site: 1
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EWES - E7440
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Harrison Lilly Team
Owner/Operator

House Description

Live the Panama City Beach lifestyle you've been dreaming of--just steps from the Gulf of America! Originally built as the developer's personal residence, this distinctive coastal home is ideally positioned on a desirable corner lot and offers 4 bedrooms and 3.5 bathrooms, including two spacious master suites with plenty of room and privacy for family and guests. Expansive wraparound balconies finished with beautiful brick pavers create an inviting extension of the living space--perfect for entertaining, relaxing in the coastal breeze, or taking in the Gulf views. A large inground pool provides your own private retreat for sunny Florida days and gatherings with family and friends. Located in a golf cart-friendly community near marinas, St. Andrews State Park, popular restaurants, shopping, and the beach, the location puts the best of Panama City Beach within easy reach. Short-term rentals are allowed, adding excellent flexibility for buyers seeking a primary residence, second home, or investment property. Rental projections indicate potential gross rental income upwards of $130,000 annually, subject to rental management, occupancy, rates, and market conditions. With its prime location, generous outdoor living spaces, private pool, Gulf views, and strong rental potential, this property offers an exciting opportunity to own a piece of the Panama City Beach lifestyle.

Highlights

Listed by Donald T Janovyak , 850-235-2551 Emerald Coast Realty Group , 850-235-2551. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.13

Year Built

2020

County

Bay

Area

27 - Bay County

Neighborhood

Beachside

Listing ID

1013303

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer, Water Heater - Elect
Air Cond:Central Air
Fireplaces:
Floor:Floor Vinyl
Other:
  • ▪ Additional:Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup, Woodwork Painted

Exterior Features

Lot:Corner
Lot Dimensions:50.0 ft x 115.0 ft
Zoning:City
Others:
  • ▪ Additional:Balcony, Fenced Back Yard, Deck Covered, Porch
Sewer:Community Sewer
Principal Interest
$7,458
Taxes
$844

Home Price

$1,349,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$269,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,458.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,458.00 $844.02 $0.00 $8,302.02
Yearly $89,496.04 $10,128.25 $0.00 $99,624.29
Total $2,684,881.10 $303,847.50 $0.00 $2,988,728.60

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T00:53:56.000Z

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