Thomas Drive Park U-5 Homes for Sale

Thomas Drive Park U-5 Homes for Sale

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 choice for families, retirees, and anyone looking to embrace the beach lifestyle.

Thomas Drive Park U-5 is conveniently located just moments away from the stunning white sand beaches and emerald waters that Panama City Beach is renowned for. Residents here enjoy easy access to a variety of local attractions, including picturesque parks, vibrant shopping districts, and an array of dining options that cater to every palate. Whether you prefer a leisurely stroll along the shoreline or an adventurous day of water sports, this neighborhood places you right in the midst of it all.

The homes for sale in Thomas Drive Park U-5 are as diverse as the community itself. From cozy beach cottages to spacious family homes, each property boasts unique architectural features and inviting outdoor spaces perfect for soaking up the Florida sun. Many homes come equipped with modern amenities, ensuring a comfortable living experience while maintaining that charming coastal vibe.

With a friendly atmosphere and a strong sense of community, Thomas Drive Park U-5 is not just a place to live; it’s a place to call home. Explore the available homes for sale today and discover the perfect residence that fits your lifestyle in this idyllic Panama City Beach subdivision. Your dream home awaits!

Newest Thomas Drive Park U-5 Homes for Sale

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
Start Your Search

Vendor Member Number : 28166

How much is your home worth?

Get instant property value now!