Active

7428 Thomas Drive

Panama City Beach, FL 32408

$939,999 $3,963/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

0.07

Acre(Lot)

Description

Located directly across Thomas Drive from Rick Seltzer Park, this fully furnished three-story beach home offers exceptional short-term rental appeal in one of the most desirable areas of Panama City Beach. Positioned just steps from dedicated public beach frontage with lifeguards, showers, parking, and convenient Gulf access, the property is ideally suited for vacationers seeking walkability, beach convenience, and accommodations for large groups. Gulf views are protected by the park frontage, enhancing long-term value and guest appeal. 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 en tertainment 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.

Property Details

Property Type : Residential

Price : $939,999

AD Id : 74530338

MLS Id : 784109

Beds : 4

Lot Size : 0.07 Acre

Year Built : 2005

County : Bay

Subdivision: North Pompano Beach Secti

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 4 Full Baths: 3 Half Baths: 1

Room Information

Rooms Total: 9

Roofing Information

Metal
Interior Features

SmartThermostat

Roof: Metal

Appliances: ElectricOven, ElectricRange, TanklessWaterHeater

Window Features: DoublePaneWindows
Heating & Cooling

Has Heating: Yes Heating: Central, Electric, Fireplaces Has Cooling: Yes Cooling: CentralAir, CeilingFans

Building Information

Year Built: 2005

Building Area Total: 2375

Construction Materials: HardiplankType

Stories: 3

Patio And Porch Features: Deck, Patio, Balcony, Covered, Porch

Pool Features: Fenced, Gunite, GasHeat, InGround, SaltWater, Private

Private Pool: Yes

View: Gulf
Exterior Features

Exterior Features: CoveredPatio, Deck, Patio

Lot Information

Lot Dimensions: 25x120 Main Square Feet: 0.07 Lot Size Acres: 0.07 Lot Size Square Feet: 2,962 Lot Description: Paved

Property Information

Subdivision: Holiday Beach Unit 16 Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Zoning Description: County Property SubType: Single Family Residence Levels: ThreeOrMore Property Age: 21

Listing Price Information

Listing Price: $939999

Original Price: $949999

Tax Information

Parcel Number: 30808-428-010 Tax Year: 2025 Annual Tax: $7589 Tax Legal Desc: HOLIDAY BEACH UNIT #16 WLY 1/2 OF LOT 2 BLK 17 ORB 4706 P 443

Virtual Tour

Virtual Tour (External Link)

Parking Information

Gravel

School Information

Elementary School: Patronis Junior High School: Surfside Senior High School: Arnold
Utility Information

ElectricityAvailable
Location Information

Direction: Home is located on Thomas Drive across the street from Rick Seltzer Park. House number is on arbor over the driveway.

Sell a home like this and save $55,901 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3511 Cottage Cove Lane, Panama City, FL, 32408	$599,000	4	3	--
3620 Woods Lane, Panama City, FL, 32408	$579,900	3	2	--
3539 Sanctuary Drive, Panama City, FL, 32408	$796,900	5	4	--
3561 Sanctuary Drive, Panama City, FL, 32408	$848,000	4	4	--
3541 Sanctuary Drive, Panama City, FL, 32408	$699,900	4	3	2,255	2,255 SqFt
3730 Preserve Bay Boule.., Panama City, FL, 32408	$8,750,000	5	10	--
124 Legend Lakes Drive, Panama City, FL, 32408	$925,000	4	3	--
100 Legend Lakes Drive, Panama City, FL, 32408	$814,900	3	2	--
4100 Marriott Drive #208, Panama City, FL, 32408	$449,900	2	2	--
4100 Marriott Drive #UN.., Panama City, FL, 32408	$1,200,000	4	5	--

Similar Homes To 7428 Thomas Drive

Nearby For Sale

Active

$399,900

Home For Sale

104 Oleander Circle,
Panama City, FL, 32413

Bed

Bath

1,582

Sqft

$310,000

Home For Sale

4773 Firefly Lane,
Panama City, FL, 32404

Bed

Bath

Sqft

8336 Landshark Boulevard,
Panama City, FL, 32413

Bed

Bath

Sqft

Sqft(Lot)

8570 Island Breeze Avenue,
Panama City, FL, 32413

Bed

Bath

Sqft

3522 High Cliff Road,
Panama City, FL, 32409

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/07/2026 @ 01:42

MLS: 784109 LISTED BY: Dennis Dunnigan, Coastal Choice Realty LLC 850-215-4160 SOURCE: CPAR