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For sale
  • $1,000,000

    7420 Thomas Dr, Panama City Beach, FL 32408

    3beds
    2,375sqft
    : 
    Single Family Residence
    Built in 2005
    3,049.2 Square Feet Lot
    $-- Zestimate®
    $421/sqft
    $-- HOA

    What's special

    Private fenced-in poolGulf viewsGranite countertopsEnsuite with granite countertopsSolid wood cabinetsStainless steel appliances
    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.
    269 days
    on Zillow
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    164
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    12
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    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 12:29pm

    Listed by:

    Melissa K Ryan 850-960-7653,

    CENTURY 21 Ryan Realty Inc

    Source: CPAR,MLS#: 765183MLS LogoOriginating MLS: Central Panhandle Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 7420 Thomas Dr.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Level: Second
    • Area: 224
    • Dimensions: 16 x 14
    Primary bedroom
    • Level: Second
    • Area: 224
    • Dimensions: 16 x 14
    Primary bedroom
    • Level: Second
    • Area: 224
    • Dimensions: 16 x 14
    Bedroom
    • Level: First
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom
    • Level: First
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom
    • Level: First
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom
    • Level: Second
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom
    • Level: Second
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom
    • Level: Second
    • Area: 132
    • Dimensions: 12 x 11
    Primary bathroom
    • Level: Second
    • Area: 243
    • Dimensions: 18 x 13.5
    Primary bathroom
    • Level: Second
    • Area: 243
    • Dimensions: 18 x 13.5
    Primary bathroom
    • Level: Second
    • Area: 243
    • Dimensions: 18 x 13.5
    Other
    • Level: Third
    • Area: 414
    • Dimensions: 23 x 18
    Other
    • Level: Third
    • Area: 414
    • Dimensions: 23 x 18
    Other
    • Level: Third
    • Area: 414
    • Dimensions: 23 x 18
    Bonus room
    • Level: Third
    • Area: 306
    • Dimensions: 18 x 17
    Bonus room
    • Level: Third
    • Area: 306
    • Dimensions: 18 x 17
    Bonus room
    • Level: Third
    • Area: 306
    • Dimensions: 18 x 17
    Kitchen
    • Description: Kitchen and Dinning Room Combo
    • Level: First
    • Area: 216
    • Dimensions: 18 x 12
    Kitchen
    • Description: Kitchen and Dining Room Combo
    • Level: First
    • Area: 216
    • Dimensions: 18 x 12
    Kitchen
    • Description: Kitchen and Dinning Room Combo
    • Level: First
    • Area: 216
    • Dimensions: 18 x 12
    Living room
    • Level: First
    • Area: 450
    • Dimensions: 25 x 18
    Living room
    • Level: First
    • Area: 450
    • Dimensions: 25 x 18
    Living room
    • Level: First
    • Area: 450
    • Dimensions: 25 x 18
    Cooling
    • Central Air
    Appliances
    • Included: Bar Fridge, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator, Trash Compactor, Warming Drawer, Washer
    Features
    • Wet Bar, Breakfast Bar, Cathedral Ceiling(s), Coffered Ceiling(s), Fireplace, High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Vaulted Ceiling(s)
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,375 sqft

    Property

    Parking
    • Parking features: Driveway, Gravel
    • Has uncovered spaces: Yes
    • Details: Driveway Spaces:4.00
    Features
    • Patio & porch: Balcony
    • Has private pool: Yes
    • Pool features: Fenced, In Ground, Pool, Private, Salt Water
    • Fencing: Fenced
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Lot
    • Size: 3,049.2 Square Feet
    • Dimensions: 116 x 24
    • Features: Landscaped
    Details
    • Parcel number: 30808431010
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type, Metal Siding
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Septic Available

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Holiday Beach Unit 16
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $421/sqft
    • Tax assessed value: $534,161
    • Annual tax amount: $6,160
    • Date on market: 11/18/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
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