5522 Thomas Dr, Panama City Beach, FL, 32408
About This Home
Gulf-View Coastal Retreat | Prime Investment + Luxury Living Welcome to your private tropical oasis--this beautifully updated and professionally designed home offers stunning Gulf views, exceptional indoor-outdoor living, and outstanding short-term rental potential in one of the most desirable areas along Thomas Drive. Thoughtfully curated with high-end finishes, lush landscaping, and inviting entertaining spaces, this property is built to impress both owners and guests alike. The open-concept living, dining, and kitchen area on the second floor is filled with natural light and flows seamlessly onto a spacious balcony--perfect for taking in Gulf views and coastal breezes. With two master suites plus two additional generously sized bedrooms, this home comfortably accommodates large groups, maximizing occupancy and rental income. The first-floor master suite features a private entrance and lock-out capability, creating the ideal setup for a separate rental unit or flexible guest quarters--an investor's dream for dual-income potential. Step outside to your own fenced backyard retreat, complete with a 7-person hot tub, designed for relaxation and memorable guest experiences that drive repeat bookings and top-tier reviews. Located just steps from the beach and minutes from dining, entertainment, and outdoor adventure--including St. Andrews State Park--this home offers the perfect balance of privacy and accessibility in a high-demand vacation market. Investment Highlights: • Strong Airbnb / VRBO income potential • Flexible lock-out floor plan for multiple revenue streams • Gulf views + walkable beach access (premium nightly rates) • Turnkey condition--ideal for immediate rental or personal use • Located in a proven high-demand vacation rental corridor. Whether you're looking for a high-performing investment or a luxurious coastal escape, this property truly offers the best of both worlds. (Buyer to verify all information and dimensions deemed important.)
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2019
Type & Style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Bar Fridge,Electric Cooktop,Electric Oven
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Great Room
- Level: Second
- Dimensions: 14 x 24
Interior Area
- Total structure area: 2,095
- Total interior livable area: 2,095 sqft
Master Bedroom
- Level: First
- Dimensions: 17 x 15
Master Bedroom
- Level: Second
- Dimensions: 15 x 12
Other
- Features: Balcony
- Level: Second
- Dimensions: 24 x 10
Property
Details
- Parcel number: 32363000000
Features
- Patio & porch: Deck,Patio,Balcony
- Exterior features: Deck,Patio,Outdoor Shower
- Fencing: Fenced
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Lot size: 5,662 sqft
- Features: Paved
- Lot size dimensions: 50 x 110
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Cold Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,051 | $60,612 |
| Home Insurance * | $1,375 | $16,500 |
| Property Taxes | $1,012 | $12,144 |
| Electricity | $210 | $2,530 |
| Total | $7,648 | $91,776 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-17 | Listed for sale | $999,000 |
| 2022-09-23 | Sold | $915,000 |
| 2022-08-22 | Pending sale | $925,000 |
| 2022-07-01 | Listed for sale | $925,000 |
| 2020-12-18 | Sold | $595,000 |
| 2020-10-26 | Price change | $595,000 |
| 2020-08-13 | Price change | $599,000 |
| 2020-07-03 | Price change | $590,000 |
| 2020-06-09 | Listed for sale | $595,000 |
| 2017-12-20 | Sold | $72,500 |
| 2015-05-07 | Sold | $110,000 |
View on Zillow