Thomas Drive Park U-5 Homes for Sale

Thomas Drive Park U-5 Homes for Sale

Welcome to Thomas Drive Park U-5, an idyllic subdivision nestled in the heart of Panama City Beach, Florida, where coastal charm meets vibrant community living. This picturesque area is perfectly situated in Bay County, just a stone's throw from the stunning beaches that have made this locale a beloved destination for both residents and visitors alike.

Thomas Drive Park U-5 features a delightful collection of homes that cater to a variety of lifestyles. From cozy beach cottages to modern family residences, there’s something for everyone in this charming neighborhood. Each property boasts unique architectural styles, well-manicured lawns, and inviting outdoor spaces perfect for soaking up the sun or hosting gatherings with friends and family.

What truly sets Thomas Drive Park U-5 apart is its proximity to the pristine sandy shores and crystal-clear waters of the Gulf of Mexico. Imagine waking up to the sound of waves crashing and the scent of salt in the air, all while being just minutes away from local parks, shops, and dining options. The community is also conveniently located near schools and recreational facilities, making it an ideal choice for families.

For those looking to invest in a slice of paradise, homes for sale in Thomas Drive Park U-5 are a fantastic opportunity. With a range of price points and features, you can find the perfect property to suit your needs. Whether you're searching for a vacation home, a permanent residence, or an investment opportunity, Thomas Drive Park U-5 is the place where dreams of coastal living come to life. Don’t miss your chance to become a part of this vibrant community!

Newest Thomas Drive Park U-5 Homes for Sale

7308 Kingman St, Panama City Beach
$775,000
8 Beds ⋅ 8 Baths ⋅ 1014155 MLS
Forget rental projections! This FOURPLEX generated $70,000 in rental income LAST YEAR! We're talking about FOUR fully occupied units, long-term tenants who've been here for over 5 years, and a prime Panama City Beach location directly across from the Navy base and just minutes from the beach. And here's the BONUS... an additional approx. 0.274-acre parcel of land is INCLUDED in the price! Now THAT'S what I call an investment opportunity! Welcome to 7308 Kingman Street, an income-producing fourplex offering immediate rental income with room for future growth! The property consists of four separate townhome-style units, each featuring 2 bedrooms and 1.5 bathrooms. All four units are currently occupied, providing an established rental history without the need to start from scratch finding tenants. The property has a new roof installed in 2018, and one of the HVAC systems was replaced in 2025. New Drain Field $15k installed recently. With long-term tenants already in place and the potential to increase rents over time, this property offers an opportunity for investors looking to grow their rental income. But what really sets this investment apart is the additional approx. 0.274-acre parcel included in the sale! Whether you're considering future development, expansion, or simply holding the land as a separate asset, this extra parcel adds another layer of potential. A property survey is available for review. Location is another major advantage! Situated directly across from Naval Support Activity Panama City and just minutes from the beautiful beaches of Panama City Beach, shopping, grocery stores, restaurants, and everyday conveniences, this property is positioned in an area with multiple sources of rental demand. Four income-producing units, $70,000 in last year's rental income, established tenants, and an additional parcel of land, all in one purchase! Opportunities like this are worth a closer look. Contact us today for additional financial information, the survey, or to schedule a private showing.

7308 Kingman St, Panama City Beach

Listing courtesy of Dalton Wade Inc.

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