7420 Thomas Drive, Panama City, FL 32408
Request More Information
  • All fields are required.
  • MLS#: 765183 ( Residential )
  • Street Address: 7420 Thomas Drive
  • Viewed: 29
  • Price: $1,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 0
  • Bedrooms: 3
  • Total Baths: 4
  • Full Baths: 3
  • 1/2 Baths: 1
  • Days On Market: 40
  • Additional Information
  • Geolocation: 30.1604 / -85.7776
  • County: BAY
  • City: Panama City
  • Zipcode: 32408
  • Subdivision: Holiday Beach Unit 16
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: CENTURY 21 Ryan Realty Inc
  • DMCA Notice
  • Description
    If you're looking to own and profit on Panama City Beach, this three story turn key vacation home has no HOAs and a projected rental income of over $100,000 a year and is priced to sell. You and your up to 16 guests will enjoy Gulf views, a private fenced in pool, and the convenience of being only steps from the sandy beach. Take in the Gulf views from the 3rd story 25' x 18' Balcony. Located across the street from Rick Seltzer Park, your views will never change. Enter through the front door from the front covered porch to find the open concept first story living room, dining, and kitchen with a fireplace, 11' ceilings, crown molding, and tile floors. The kitchen has granite countertops, an island with a breakfast bar, solid wood cabinets, stainless steel appliances, and a large walk in pantry. As you continue walking to the back of the first floor you will find a full sized laundry room, a full bathroom with granite countertops and a shower/tub combo, and a bedroom with a large walk in closet with private access to the full sized bathroom. A side door at the foot of the stairs leads to your private walkway to the gated, fully fenced private backyard with a pool, excellent for vacationers who love to swim in a pool as well as the Gulf. As you return inside, start up to the 2nd floor, turn to your right, and you will find the master bedroom with two closets, a private balcony with Gulf views, and an ensuite with granite countertops, a soaking/jetted jacuzzi tub, and a walk in shower with glass doors. An additional bedroom on the second floor has an owner's closet, a full sized bathroom with granite countertops, and a shower tub combo. Continue to the 3rd floor to find a second living room with 11' ceilings, tile floors, a wet bar with granite countertops, a half bath with granite countertops, two large sofas (one is a sleeper sofa), and a bunk bed, making this a hub of entertainment for your guest. From this room, you can access the large 25' x 18' deck with beautiful never, changing Gulf views; this deck has a weather resistant table and chairs for those sunset dining sessions. The exterior is equipt weatherproof decking and Hardie Board siding to keep the exterior maintenance low for years to come. This property is a beautiful unit inside and out, fully furnished and turn key. The park across the street allows access to the beach and is equipped with restrooms/showers, a lifeguard, and is accessed from the crosswalk a few feet from this beach house, so traffic will stop for you when you are ready to get to the beach and listen to the waves. Enjoy being conveniently located close to many attractions, including many restaurants, amusement parks, shopping, boating, marinas, bike rentals, St. Andrews State Park, and much more. With this reasonably priced three story beach house investment property, you can have it all in Panama City Beach.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Fencing: Fenced
  • Living Area: 2375.00
Land Information
  • Lot Features: Landscaped
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway, Gravel
Eco-Communities
  • Pool Features: Fenced, InGround, SaltWater
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Sewer: SepticTank
  • Utilities: SepticAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2023
  • Trash Expense: 0.00
Other Features
  • Appliances: BarFridge, Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater, Refrigerator, TrashCompactor, WarmingDrawer, Washer
  • Furnished: Partially
  • Interior Features: WetBar, BreakfastBar, CathedralCeilings, Fireplace, HighCeilings, KitchenIsland, Pantry, RecessedLighting, VaultedCeilings
  • Legal Description: HOLIDAY BEACH UNIT #16 W 1/2 LOT 4 (4.02) BLK 17 ORB 3697 P 1331
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30808-431-010
  • Style: Coastal
  • The Range: 0.00
  • View: Gulf
  • Views: 29
Similar Properties

Details for 3209 Swordfish Drive, Panama City Beach, FL 32408
$1,100,000.00

3209 Swordfish Drive More Like This

Water Front with Bay Access + Short Term Rental in Bay Point + 4 bedrooms & and Pool... truly a rare find! Words nor pictures do this home justice, this is an absolute must see. Situated on 1/3 of an

  1. Bedrooms: 4
  2. Baths: 4
  1. MLSID: 763494
  2. Provided by Legacy Premier Agency
  3. Provided through
  4. DMCA Notice
Details for 6606 Thomas Drive A-b, Panama City Beach, FL 32408
$1,139,000.00

6606 Thomas Drive A-b More Like This

The most desirable investment on the market duplex for sale in a prime location, perfect for short term rentals! 100% rental ready. Sold as turnkey investment! Each side of the duplex (unit a & unit

  1. Bedrooms: 6
  2. Baths: 8
  1. MLSID: 763563
  2. Provided by Bay to 30A Realty
  3. Provided through
  4. DMCA Notice
Details for 471 Wahoo Road, Panama City Beach, FL 32408
$1,169,000.00

471 Wahoo Road More Like This

Nestled within the prestigious Bay Point Community, this exceptional 4 bedroom, 3 bathroom waterfront home offers over 2,600 square feet of refined living space, designed for those seeking a luxurious

  1. Bedrooms: 4
  2. Baths: 3
  1. MLSID: 762756
  2. Provided by Counts Real Estate Group Inc
  3. Provided through
  4. DMCA Notice
Details for 5416 Hopetown Lane, Panama City, FL 32408
$924,900.00

5416 Hopetown Lane Green Listing More Like This

Welcome to Martinique, where you will find one of the finest neighborhoods in Panama City Beach and Bay County area. This gated community boasts the Southern Charm of Florida with trees, shade and on

  1. Bedrooms: 4
  2. Baths: 3
  1. MLSID: 761776
  2. Provided by Coldwell Banker Realty
  3. Provided through
  4. DMCA Notice
Details for 3208 Blue Heron Boulevard, Panama City, FL 32408
$979,900.00

3208 Blue Heron Boulevard More Like This

Stunning brand new home on an oversized lot in the beautiful, upscale, gated community of Preserve on the Bay, in the heart of Panama City Beach. This one of a kind home features 3,084 sq. ft. of luxu

  1. Bedrooms: 4
  2. Baths: 4
  1. MLSID: 761696
  2. Provided by Coastal Sun Realty LLC
  3. Provided through
  4. DMCA Notice
Details for 3325 Green Turtle Lane, Panama City Beach, FL 32408
$950,000.00

3325 Green Turtle Lane More Like This

Look no further! This custom, lake front, 4 bedroom 3.5 bath home is located in the prestigious Martinique neighborhood. As you enter the foyer of this exquisite home you will find a half bath, read

  1. Bedrooms: 4
  2. Baths: 4
  1. MLSID: 761154
  2. Provided by Coldwell Banker Realty
  3. Provided through
  4. DMCA Notice
Details for 3926 Diana Court, Panama City Beach, FL 32408
$1,115,000.00

3926 Diana Court More Like This

Gorgeous new construction home in Alligator Point. This beautiful 5 bedroom, 4 bathroom is located in a fabulous location, very close to a public beach walk area. The Master Suite is located on the f

  1. Bedrooms: 5
  2. Baths: 4
  1. MLSID: 760125
  2. Provided by Coldwell Banker Realty
  3. Provided through
  4. DMCA Notice
Details for 3922 Diana Court, Panama City Beach, FL 32408
$1,115,000.00

3922 Diana Court More Like This

Beautiful new home, with a fabulous location! This home has 5 bedrooms, and 4 bathrooms. The home is located close to a public access for a beach walk area. The Master's Suite is located on the gr

  1. Bedrooms: 5
  2. Baths: 4
  1. MLSID: 760124
  2. Provided by Coldwell Banker Realty
  3. Provided through
  4. DMCA Notice
Details for 104 Dragon Circle, Panama City, FL 32408
$985,000.00

104 Dragon Circle More Like This

This is your opportunity to enjoy living in one of Panama City Beach's most sought after communities, Dragon's Ridge in Bay Point. This beautiful Spanish style home overlooks the 11th hole of the Nick

  1. Bedrooms: 4
  2. Baths: 4
  1. MLSID: 757126
  2. Provided by Nations Real Estate, Inc
  3. Provided through
  4. DMCA Notice
Details for 2436 Belmar Court, Panama City Beach, FL 32408
$1,165,000.00

2436 Belmar Court More Like This

NEW CONSTRUCTION completed, ready to close and Pre Sale opportunities available!BelMar is the newest luxury, low density community in the heart of Panama City Beach designed for SHORT TERM RENTALS! Th

  1. Bedrooms: 5
  2. Baths: 5
  1. MLSID: 741478
  2. Provided by Corcoran Reverie
  3. Provided through
  4. DMCA Notice