7428 Thomas Drive, Panama City Beach, FL 32408

$939,999
  • 7428 Thomas Drive, Panama City Beach, FL 32408 Main Photo

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Active
BEDS4 BATHS3 full 1 partial SQUARE FEET2,375 MLS#784109
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHoliday Beach Unit 16

Property Description

Located directly across Thomas Drive from Rick Seltzer Park, this fully furnished three-story beach home offers exceptional short-term rental appeal in one of the most desirable areas of Panama City Beach. Positioned just steps from dedicated public beach frontage with lifeguards, showers, parking, and convenient Gulf access, the property is ideally suited for vacationers seeking walkability, beach convenience, and accommodations for large groups. Gulf views are protected by the park frontage, enhancing long-term value and guest appeal. Designed with income-producing potential in mind, this 4-bedroom, 3. 5-bath property features a flexible multi-level layout capable of accommodating up to 16 guests comfortably. Popular rental features include multiple custom-built bunk areas, spacious entertainment zone, private outdoor spaces, and a heated saltwater pool, amenities consistently sought after by vacation renters in the Panama City Beach market. The first floor includes custom-built queen-over-queen bunk beds with integrated lighting and USB charging stations adjacent to a full bath. The second-floor primary suite features a king bed, private balcony with Gulf views, jacuzzi tub, walk-in closet, and ensuite bath. An additional second-floor suite includes more custom queen-over-queen bunks with its own full bath. The third-floor entertainment level offers vaulted ceilings, wet bar with sink and mini fridge, sleeper sofa, half bath, custom full-size bunk beds, and direct access to a large rooftop-style deck with Gulf views and abundant lounge space. The main living area offers 10-foot ceilings, crown molding, tile flooring, fireplace, abundant natural light, and an open-concept design ideal for gathering large groups. The kitchen features granite countertops, stainless steel appliances, wood cabinetry, breakfast bar seating, and a walk-in pantry. Outdoor amenities continue to enhance the property's rental desirability with a private fenced backyard, heated saltwater pool, multiple balconies, and a 25-foot rooftop observation deck overlooking the Gulf. Pool equipment includes a Wi-Fi-controlled Circupool salt generator, Hayward 2500 heater, and sand filter system. Additional upgrades and features include over $50,000 in recent improvements, brand-new composite decking, new roof section beneath the decking, Navien gas tankless water heater, aluminum hurricane shutters, laundry room with washer and dryer, and parking for 4 vehicles. Previously operated as a short-term vacation rental with strong historical income potential, this turnkey property offers an excellent opportunity for investors seeking a high-capacity beach rental in a prime location near Panama City Beach attractions, dining, shopping, and entertainment.

7428 Thomas Drive | MLS# 784109

This single family home located at 7428 Thomas Drive, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $939,999. This property was built in 2005 and has 4 bedrooms and 3 full and 1 partial baths with 2375 sq. ft. Thomas Drive is located in the Holiday Beach Unit 16 subdivision. Search Holiday Beach Unit 16 real estate on www.premierfl.com today.

Upcoming Open Houses

Open House Friday June 12th, 3:00pm - 5:00pm

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Fenced: Yes
Heating: Central, Electric, Fireplace(s)
Home Style: Coastal
Lot Size: 0.07 Acres
Roof Type: Metal
Stories: 3.0
Taxes: $7,589
Year Built: 2005

Amenities

Smart Thermostat
Covered Patio
Deck
Patio

Feature Descriptions

Appliances: Electric Oven, Electric Range, Tankless Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 131
Exterior: HardiPlank Type
Fencing: Fenced, Privacy
Fireplace: Gas
Lot: Paved
Lot Dimensions: 25x120
Parcel#: 30808-428-010
Parking: Gravel
Parking Notes: Gravel
Patio/Porch: Deck, Patio, Balcony, Covered, Porch
Pool: Fenced, Gunite, Gas Heat, In Ground, Salt Water, Private
Sewer: Public Sewer
Special View Info: Gulf
Swimming Pool: Yes
Units: 1
Utilities: Electricity Available
Window: Double Pane Windows

Room Sizes

Other: 23 X 18 Level - Third
Great Room: 25 X 18 Level - Third
Bedroom: 17 X 12 Level - Second
Primary Bathroom: 14 X 9 Level - Second
Primary Bedroom: 16 X 14 Level - Second
Bedroom: 12 X 11 Level - First
Dining Room: 13 X 7 Level - First
Kitchen: 13 X 11 Level - First
Living Room: 18 X 13 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

Listed By / Shown By

Listed By

Agency Name: Coastal Choice Realty LLC

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 2,998.62 per month $2,092.03 Principal & Interest $632.42 Property Tax $274.17 Homeowner's Insurance

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