Thomas Drive Park U-5 Real Estate

Thomas Drive Park U-5 Real Estate

Welcome to Thomas Drive Park U-5, a hidden gem nestled in the heart of Panama City Beach, Florida. This charming subdivision offers a perfect blend of coastal living and community spirit, making it an ideal destination for families, retirees, and anyone seeking a vibrant beachside lifestyle.

Thomas Drive Park U-5 is renowned for its friendly neighborhood atmosphere, where residents take pride in their homes and enjoy a sense of belonging. With its well-maintained streets and lush landscaping, the subdivision exudes a warm and inviting ambiance. The proximity to the stunning Gulf of Mexico ensures that beach lovers are never far from the sun, sand, and surf. Imagine waking up each day to the sound of waves crashing and the salty breeze wafting through your windows!

In addition to its idyllic location, Thomas Drive Park U-5 boasts easy access to a variety of local amenities. Residents can explore nearby parks, dine at delicious seafood restaurants, and shop at charming boutiques—all within minutes of their front door. For those who enjoy outdoor activities, the area offers ample opportunities for fishing, boating, and hiking, ensuring that adventure is never out of reach.

Families will appreciate the excellent schools in the vicinity, providing quality education for children of all ages. Whether you’re looking to settle down or invest in a vacation rental, Thomas Drive Park U-5 is a community that promises a lifestyle filled with sunshine, warmth, and endless possibilities. Come discover the charm of this delightful subdivision and make it your next home!

Newest Listings in Thomas Drive Park U-5

7308 Kingman St, Panama City Beach
$775,000
8 Beds ⋅ 8 Baths ⋅ 1014155 MLS ⋅ 4,464 SqFt.
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
7308 Kingman Street, Panama City Beach
$775,000
8 Beds ⋅ 8 Baths ⋅ 796884 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 Street, Panama City Beach
Start Your Search

Vendor Member Number : 28166

How much is your home worth?

Get instant property value now!