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$1,000,000

Est. payment - /mo

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3 Beds

4 Baths

3,049 Sqft Lot

Active

7420 Thomas DR Panama City, FL 32408

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Lee Ann Swartzentruber

leeann@epique.me +1(850) 774-3186

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Key Details

Property Type Other Types

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Holiday Beach Unit 16

MLS Listing ID 765183

Style Coastal

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 2005

Annual Tax Amount $6,160

Tax Year 2023

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Single Family Residence

Property Description

If 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.

Location

State FL

County Bay

Area 03 - Bay County - Beach

Interior

Interior Features Wet Bar, Breakfast Bar, Crown Molding, Cathedral Ceiling(s), Coffered Ceiling(s), Fireplace, High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Vaulted Ceiling(s)

Cooling Central Air

Flooring Hardwood, Tile

Fireplace Yes

Appliance Bar Fridge, Dryer, Dishwasher, Refrigerator, Trash Compactor, Warming Drawer, Washer

Exterior

Exterior Feature Balcony

Parking Features Driveway, Gravel

Fence Fenced

Pool Fenced, In Ground, Salt Water

Utilities Available Septic Available

Waterfront Description Gulf

View Y/N Yes

Water Access Desc Gulf

View Gulf

Porch Balcony

Building

Lot Description Landscaped

Story 3

Entry Level Three Or More

Sewer Septic Tank

Architectural Style Coastal

Level or Stories Three Or More

New Construction No

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 30808-431-010

Acceptable Financing Cash, FHA, VA Loan

Listing Terms Cash, FHA, VA Loan

Financing Conventional

Special Listing Condition Listed As-Is

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Listed by CENTURY 21 Ryan Realty Inc

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Lee Ann Swartzentruber

Licensed FL Agent / Team Lead | License ID: 3285613

+1(850) 774-3186

7420 Thomas DR Panama City, FL 32408

Lee Ann Swartzentruber

Key Details

Location

Interior

Exterior

Building

Schools

Others

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7420 Thomas DR