7428 Thomas DR Panama City Beach, FL 32408
Open House
Fri Jun 12, 3:00pm - 5:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,375 sqft
Price per Sqft $395
Subdivision Holiday Beach Unit 16
MLS Listing ID 784109
Style Coastal
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 2005
Annual Tax Amount $7,589
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Single Family Residence
Property Description
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.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Smart Thermostat
Heating Central, Electric, Fireplace(s)
Cooling Central Air, Ceiling Fan(s)
Fireplaces Type Gas
Fireplace Yes
Appliance Electric Oven, Electric Range, Tankless Water Heater
Exterior
Exterior Feature Covered Patio, Deck, Patio
Parking Features Gravel
Fence Fenced, Privacy
Pool Fenced, Gunite, Gas Heat, In Ground, Salt Water, Private
Community Features Short Term Rental Allowed
Utilities Available Electricity Available
View Y/N Yes
View Gulf
Roof Type Metal
Porch Deck, Patio, Balcony, Covered, Porch
Private Pool Yes
Building
Lot Description Paved
Story 3
Entry Level Three Or More
Sewer Public Sewer
Architectural Style Coastal
Level or Stories Three Or More
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 30808-428-010
NEARBY SCHOOL & BUSINESS
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