AS IS Property! Seller has PRICED TO SELL FAST! 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.
For sale
Price cut: $9.6K (8/8)
$349,897
5306 Thomas Dr APT 3, Panama City Beach, FL 32408
2beds
1,227sqft
Est.:
Townhouse
Built in 1983
1,742.4 Square Feet Lot
$333,400 Zestimate®
$285/sqft
$-- HOA
What's special
Beachside convenienceModern livingBeautifully updated spacePristine uninhabited island
- 64 days
- on Zillow |
- 387 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 05:22pm
Listed by:
Catriese M Johnson 850-687-7487,
Coldwell Banker Realty
Source: CPAR,MLS#: 775596
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Description: Balcony View
- Level: Second
- Area: 168
- Dimensions: 14 x 12
Bedroom
- Level: Second
- Area: 120
- Dimensions: 12 x 10
Dining room
- Level: First
- Area: 64
- Dimensions: 8 x 8
Kitchen
- Level: First
- Area: 48
- Dimensions: 8 x 6
Living room
- Level: First
- Area: 168
- Dimensions: 14 x 12
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
Features
- Flooring: Luxury Vinyl Plank
- Furnished: Yes
Interior area
- Total interior livable area: 1,227 sqft
Property
Parking
- Details: Driveway Spaces:1.00
Features
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: None
- Fencing: Fenced
Lot
- Size: 1,742.4 Square Feet
- Dimensions: 16 x 110
- Features: Subdivision
Details
- Parcel number: 32376040000
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- HardiPlank Type
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Short Term Rental Allowed
- Security: Closed Circuit Camera(s), Fire Sprinkler System, 24 Hour Security, Smoke Detector(s), Security System
- Subdivision: Gulf Lagoon Beach
HOA
- Has HOA: No
- Amenities included: Beach Access
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $157,975
- Annual tax amount: $1,981
- Date on market: 6/27/2025
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Lease term: Other
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