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7428 Thomas Drive

Panama City, FL 32408
  • $995,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 773451
UPDATED: 54 min ago
$995,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,375
    SQFT
  • $419
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2005
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Over $50,000 in Recent Upgrades - Just Steps from the Beach!Turnkey Investment Opportunity or Dream Beach Getaway - Fully Furnished with Breathtaking Gulf Views!Welcome to your slice of paradise! Located directly across the street from the sugar-white sands of the Gulf and Rick Seltzer Park, this magnificent 3-bedroom, 3.5-bath, 2,375 sq ft coastal retreat is the ultimate blend of style, comfort, and income potential.With over $50,000 in upgrades completed in the past year, including brand-new composite decking and a new roof section beneath it, this home is 100% move-in ready. Whether you're looking for a personal vacation oasis, full-time beachside living, or a high-performing Airbnb investment, this property checks every box.Rental Income Potential:This home generated over $100,000 in rental income in 2021 and 2022 under the previous owner. The current owners use it primarily for personal use, but the earning potential remains strong in this prime location.Highlights You'll Love:Sold fully furnished - ready to rent or enjoy immediatelyDirect Gulf views from multiple levels and a massive 25' x 18' rooftop observation deckHeated saltwater pool in a private fenced backyard - perfect for entertaining year-roundSpacious living room with 10' ceilings, tile floors, crown molding, fireplace, and abundant natural lightGourmet kitchen with stainless-steel appliances, granite countertops, wood cabinetry, breakfast bar, and walk-in pantrySecond-floor loft with built-ins, additional suite, and large bedroom with luxury en suite (jetted tub, walk-in shower, dual sinks)Third-floor entertainment suite with vaulted ceilings, wet bar, sleeper sofa, and custom-built Queen bunkbeds (USB ports & marine lighting)Additional Features:Sleeps 18-20 guests comfortablyParking for at least 4 vehiclesLaundry room with washer and dryerNavien gas tankless water heaterWi-Fi-controlled Circupool salt generatorHayward 2500 pool heater and sand filterAluminum hurricane shutters for added peace of mindDon't miss this rare opportunity to own a fully upgraded beach home in one of the most desirable locations on the Gulf Coast. Schedule your private showing today and experience the ultimate in coastal living and investment potential.

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© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Emerald Coast. Data last updated: 2025-06-17T18:04:14.257.
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7428 Thomas Drive Panama City, FL 32408

  • Price: $995,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 54 min ago
  • MLS #: 773451
3
Beds
3
Baths
1
½ Baths
0.07
Acres
2,375
SQFT
$419
$/SQFT
2005
Built
Neighborhood:
Holiday Beach Unit 16
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
Over $50,000 in Recent Upgrades - Just Steps from the Beach!Turnkey Investment Opportunity or Dream Beach Getaway - Fully Furnished with Breathtaking Gulf Views!Welcome to your slice of paradise! Located directly across the street from the sugar-white sands of the Gulf and Rick Seltzer Park, this magnificent 3-bedroom, 3.5-bath, 2,375 sq ft coastal retreat is the ultimate blend of style, comfort, and income potential.With over $50,000 in upgrades completed in the past year, including brand-new composite decking and a new roof section beneath it, this home is 100% move-in ready. Whether you're looking for a personal vacation oasis, full-time beachside living, or a high-performing Airbnb investment, this property checks every box.Rental Income Potential:This home generated over $100,000 in rental income in 2021 and 2022 under the previous owner. The current owners use it primarily for personal use, but the earning potential remains strong in this prime location.Highlights You'll Love:Sold fully furnished - ready to rent or enjoy immediatelyDirect Gulf views from multiple levels and a massive 25' x 18' rooftop observation deckHeated saltwater pool in a private fenced backyard - perfect for entertaining year-roundSpacious living room with 10' ceilings, tile floors, crown molding, fireplace, and abundant natural lightGourmet kitchen with stainless-steel appliances, granite countertops, wood cabinetry, breakfast bar, and walk-in pantrySecond-floor loft with built-ins, additional suite, and large bedroom with luxury en suite (jetted tub, walk-in shower, dual sinks)Third-floor entertainment suite with vaulted ceilings, wet bar, sleeper sofa, and custom-built Queen bunkbeds (USB ports & marine lighting)Additional Features:Sleeps 18-20 guests comfortablyParking for at least 4 vehiclesLaundry room with washer and dryerNavien gas tankless water heaterWi-Fi-controlled Circupool salt generatorHayward 2500 pool heater and sand filterAluminum hurricane shutters for added peace of mindDon't miss this rare opportunity to own a fully upgraded beach home in one of the most desirable locations on the Gulf Coast. Schedule your private showing today and experience the ultimate in coastal living and investment potential.
Exterior Features

Architectural Style Contemporary Construction Materials Hardi Plank Type Exterior Features Balcony Patio Storm / Security Shutters Fencing Fenced Privacy Garage YN No Patio And Porch Features Balcony Covered Porch Pool Features Fenced Gunite Gas Heat In Ground Pool Private Salt Water Pool Private YN Yes Road Frontage Type County Road Road Surface Type Paved Roof Metal View Gulf View YN Yes

Interior Features

Appliances Dryer Dishwasher Electric Oven Electric Range Disposal Microwave Refrigerator Tankless Water Heater Washer Cooling Central Air Ceiling Fan(s) Electric Cooling YN Yes Fireplace Features Gas Fireplace YN Yes Furnished Furnished Heating Central Electric Fireplace(s) Heating YN Yes Interior Features Wet Bar Breakfast Bar Cathedral Ceiling(s) Fireplace Kitchen Island Pantry Recessed Lighting Smart Thermostat Parking Features Driveway Gravel Rooms (Third Level) Great Room (Third Level) Bedroom (Second Level) Primary Bathroom (Second Level) Primary Bedroom (Second Level) Bedroom (First Level) Dining Room (First Level) Kitchen (First Level) Living Room (First Level) Window Features Double Pane Windows

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Conventional VA Loan Lot Size Dimensions 25x120 Number Of Units In Community 1 Occupant Type Tenant Property Attached YN No Property Sub Type Detached Property Sub Type Additional Detached Single Family Residence Waterfront YN No Zoning Description County

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Coastal Choice Realty LLC: (850) 215-4160. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Emerald Coast. Data last updated: 2025-06-17T18:04:14.257.
 
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