7420 Thomas Drive, Panama City, FL 32408
Property Photos
Would you like to sell your home before you purchase this one?
Priced at Only: $999,999
For more Information Call:
Address: 7420 Thomas Drive, Panama City, FL 32408
Property Location and Similar Properties
- MLS#: 765183 ( Residential )
- Street Address: 7420 Thomas Drive
- Viewed: 76
- Price: $999,999
- 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: 137
- 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
-
DescriptionIf you're looking to own and profit on Panama City Beach, this three story turn key vacation home has no HOAs, and rent inclome of $76,711 for 2024. Thomas Drive is a tried and true vacation spot for visitors year after year. Many vacationers will only stay on the East End of Panama City Beach. 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 equipped with 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 and a lifeguard. It 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 $
- Monthly -
For a Fast & FREE Mortgage Pre-Approval
Apply Now

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, CofferedCeilings, 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: 76
Similar Properties
Nearby Subdivisions
[no Recorded Subdiv]
A W Pledger Panama City Beach
Baltimore Beach
Bay Point Unit 1
Beachcrest
Bel Air
Biltmore Beach
Biltmore Beach 1st Add
Crescent Beach Unit 1
Cresent Bch Unit 1
Delwood Point At The Preserve
Dragon's Ridge Corrctd
Emerald Pointe Resort
Grand Lagoon Pointe
Grand Lagoon Shores 1
Grand Lagoon Shores 2
Grand Lagoon Shores 7
Greentree Unit-1
Hidden Lagoon
Hidden Pines Phase Vi
Holiday Beach On The Gulf
Holiday Beach Unit 14
Holiday Beach Unit 15
Holiday Beach Unit 16
Holiday Beach Unit 6
Holiday Beach Unit 8
Lagoon Oaks
Landward Townhouses
Leeward Tower Townhouse
Magnolia Bay Club
Magnolia Beach 2nd Add
Marlin Place
Mimosa Place
No Named Subdivision
North Lagoon Heights Phase Ii
North Lagoon Oaks
North Lagoon Oaks 8th Add
North Lagoon Oaks 9th
Palm Bay Unit 4
Palm Bay Unit 6
Panama Dunes
Pines Subdivision
Preserve On The Bay Ph I
Preserve On The Bay Ph Ii
Sanctuary Beach
Sand Dollar Estates
Silver Sands Unit 2
Sugar Shack Condo
Thomas Drive Park U-3
Treasure Cove
Treasure Island
Venture Out Travel Trail

- Christa L. Vivolo
- Tropic Shores Realty
- Office: 352.440.3552
- Mobile: 727.641.8349
- christa.vivolo@gmail.com