5229 Thomas Dr, Panama City, FL 32408
PENDING
NEW CONSTRUCTION

5229 Thomas Dr
Panama City, FL 32408

Lower Grand Lagoon
  • 4 Beds
  • 4.5 Baths
  • 2,345 sqft

$874,900

Est. Mortgage $5,324/mo*

$874,900

Est. Mortgage $5,324/mo*
4 Beds
4.5 Baths
2,345 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.
This 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.

Home Highlights

Parking
No Info
Outdoor
Deck, Pool
View
No Info
HOA
None
Price/Sqft
$373
Listed
122 days ago

Home Details for 5229 Thomas Dr

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Dining Room, Living Room, Porch
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1
Appliances & Utilities
Appliances: Electric Oven, Electric Range
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Luxury Vinyl Plank
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or MoreFloors: Luxury Vinyl Plank

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Balcony, DeckExterior: Covered PatioHas a Private Pool
Parking & Garage
No Garage
Pool
Pool: PrivatePool
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront

Days on Market

Cumulative Days on Market: 34Days on Market: 122

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Duplex, Single Family ResidenceStructure Type: DuplexArchitecture: Duplex
Building
Is a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 40001804001

Price & Status

Price
List Price: $874,900Price Per Sqft: $373
Status Change & Dates
Off Market Date: Fri Feb 06 2026

Active Status

MLS Status: Pending

Location

Direction & Address
City: Panama City BeachCommunity: Gulf Lagoon Beach
School Information
Elementary School: PatronisJr High / Middle School: SurfsideHigh School: Arnold

Agent Information

Listing Agent
Listing ID: 783167

Building

Building Area
Building Area: 2345 Square Feet

Community

Community Features: Short Term Rental Allowed

HOA

Association for this Listing: Central Panhandle Association of REALTORSHas an HOA

Lot Information

Lot Area: 3300 sqft

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Rental Terms, Policies & Fees

Are Units Furnished: None

Miscellaneous

Mls Number: 783167Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12005-N-40001804001-R-N

Additional Information

Short Term Rental Allowed
Last check for updates: about 4 hours ago
Listing courtesy of Whitney Moore, (801) 499-2661
TH Coastal Realty
Steven E Thew, (815) 979-0663
TH Coastal Realty
Originating MLS: Central Panhandle Association of REALTORS
Source: CPAR, MLS#783167
Also Listed on CPAR.

Price History for 5229 Thomas Dr

DatePriceEventSource
02/06/2026$874,900PendingCPAR #783167
01/03/2026$874,900Listed For SaleCPAR #783167
09/25/2025$325,000Sold
CPAR #769840
09/03/2025$395,000PendingCPAR #769840
05/06/2025$395,000ContingentCPAR #769840
03/06/2025$395,000PriceChange
CPAR #769840
09/27/2024$449,500Listed For SaleCPAR #763166
09/21/2021$750,000Sold
CPAR #717057

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Comparable Sales for 5229 Thomas Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
$790,000
04/07/26
4
3
2,198
0.12
Single-Family Home
$725,000
03/10/26
3
3.5
2,508
0.21
Single-Family Home
$737,000
06/30/25
5
3.5
1,935
0.09
Single-Family Home
$560,000
05/22/25
3
2.5
1,610
0.21
Single-Family Home
$708,000
11/10/25
3
2.5
1,812
0.16
Single-Family Home
$387,500
03/12/26
3
2
1,404
0.32
Single-Family Home
$290,000
10/27/25
3
2
1,736
0.19
Single-Family Home
$417,000
10/03/25
3
2
1,354
0.36
Single-Family Home
$440,000
07/17/25
3
2
2,128
0.21
Single-Family Home
$605,000
07/24/25
3
2
1,791

Assigned Schools

These are the assigned schools for 5229 Thomas Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lower Grand Lagoon

At least 53 Trulia users voted on each feature.
  • 90 % Say it's dog friendly

  • 87 % Say car is needed

  • 77 % Say parking is easy

  • 74 % Say it's walkable to restaurants

  • 74 % Say people would walk alone at night

  • 73 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 61 % Say kids play outside

  • 60 % Say they plan to stay for at least 5 years

  • 52 % Say neighbors are friendly

  • 47 % Say streets are well-lit

  • 46 % Say there are sidewalks

  • 38 % Say it's walkable to grocery stores

  • 32 % Say there's wildlife

  • 25 % Say there are community events

Learn more about our methodology.
  • Trulia User
    "Average. 15-20 minutes to mall on days without traffic. On days with heavy traffic it can take up to any hour to get to the mall"
  • Trulia User
    "We’ve lived here for over 23 years and love the area. Easy access to the beach, shopping and schools. Walking distance to the beach or public parking within half mile. "
  • Trulia User
    "Embarcadero is a long-standing quaint community of long term residents in the process of voting out Short term rentals to continue the community of quite neighbors. Be sure to inquire about notice given as to this process in the works. "
  • Trulia User
    "people with dogs are very friendly and the dogs are friendly ... less traffic back on south lagoon plus speed bumps make it a great place to walk "
  • Trulia User
    "I’ve lived in this neighborhood since 2017 and love it. I feel safe and like all my neighbors. It’s also close to beach access and popular areas so that is a plus. "
  • Trulia User
    "they walk all around everywhere is dog friendly more then they kid/adult friendly lol.... they are clean owners and most places have doggy pick up bags "
  • Douglas W. B.
    "Amazing spot to live in. Close to beach, shopping and you have a sense of community in this location."
  • Georgedanieljr
    "Great location easy drive to anywhere, located on the east end of the beach, more families and quite. "
  • Izzy I.
    "fireworks .. friendly neighborhood.. short walk to gulf . short walk to restaurants.. shirt drive to Publix Winn Dixie Walmart and other shopping"
  • Jill S.
    "Not a good place to walk dogs owners do not like animals on their property as your dog walks and uses bathroom even when u pick up after them."
  • Derrick A.
    "people are always walking dogs and very pet friendly would love to live here 100 times over !!!!!!!!!!!!!"
  • Jill S.
    "We get together 4th July on the beach and shoot fireworks. It’s such a special moment because everyone is on the beach enjoying each other’s fireworks. We can also see the city’s fireworks at pier park from where we live."
  • Trudelln
    "It’s by the beach! No HOAs and great neighbors..........................................................."
  • Steven H.
    "Panama city beach is really fun and has plenty of warm and friendly people. This neighborhood is especially amicable. "
  • Izzy I.
    "lots of friendly neighbors with dogs .... nice places to walk your dogs.... lots of squirrels for dogs to admire . haha "
  • Aaron C.
    "quiet neighborhood, close to beach. not a great yard as it's mostly sand and has sand spurs. usually not much traffic in the area "
  • Amber M.
    "Beautiful homes, friendly neighborhood. Easy access to food and entertainment on our beautiful beaches. "
  • Milesandbella
    "Although I work in town, I love living at the beach!! It is well worth the 25 minute commute. My neighbors are friendly and watch out for me. There are however some in my neighborhood that have very messy unkept yards which I do not like. That is probably the only negative thing that I can say. I have met good people and enjoy everyday I am here!"
  • Mike Hurcon
    "Wasn’t hit that bad by the hurricane, but the area has gotten much more dense with out of town workers that most likely do not have the best criminal history. Be mindful until residences in town become livable and the population is dispersed. "
  • Brett L.
    "Neighborhood is nice. Neighbors are friendly. Area is peaceful and there is easy public access to the beach close by. "
  • Eddie
    "Commute to Panama City can be tedious, especially going over bridge as it can back up for miles. Count on traffic during the work days and over the summer"
  • Azpcgal05
    "Living on the beach is great but you will have to watch small children more closely as they will be drawn to the sounds of the waves. On the plus side, they will truly sleep like a baby listening to the waves at night."
  • Garyrkaye
    "Wonderful place to live with one exception: "Dog friendly" with horrible dog "guardians" who will smile at you as their dog leaves presents on your driveway, near your mailbox, or right in the middle of your yard while carrying a plastic bag they never use. Some residents actually have signs in their yard to be "responsible" & pick up after your pet and they will cross the street and do otherwise on their neighbor's yard. Confrontation is pointless with such self centered people; they become militant; you can't fix stupid."
  • Rebecca P.
    "This area seems to have friendly people here, people that I can feel safe around. This neighborhood is pretty friendly and I wish I could buy in this neighborhood in the future. "
  • Wes R.
    "Grew up here. Great for riding bikes, close to beach, great for dog walking too. Easy access to boat launches"

LGBTQ Local Legal Protections

Whitney Moore, TH Coastal Realty
Agent Phone: (801) 499-2661
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
5229 Thomas Dr, Panama City, FL 32408 is a 4 bedroom, 5 bathroom, 2,345 sqft single-family home built in 2026. 5229 Thomas Dr is located in Lower Grand Lagoon, Panama City. This property is currently available for sale and was listed by CPAR on Jan 3, 2026. The MLS # for this home is MLS# 783167.