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7428 Thomas Drive

Panama City, FL 32408
  • $995,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 773451
$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

High-Yield Investment Opportunity - Proven $100K+ Annual Income Potential | Fully Furnished | Prime Gulf LocationInvestor-ready and income-producing! This fully furnished 3BR/3.5BA, 2,375 sq ft property offers a rare opportunity to acquire a high-performing vacation rental with a proven track record of generating $100,000+ annually in gross rental income (2021 & 2022). Located directly across from the Gulf of Mexico and Rick Seltzer Park, this turnkey property is positioned for strong future returns.Key Investment Highlights:Over $50,000 in recent capital improvements (2024), including:oNew composite deckingoNew roof under upper deckoUpgraded pool systemsPrime location: Steps from beach access and a popular public parkSleeps 18-20 guests - perfect for large group bookingsLow maintenance landscaping and exteriorPrivate heated saltwater pool - year-round rental appealParking for 4+ vehicles - a major advantage in beach communitiesInterior Features:Coastal-modern furnishings included in sale10' and 11' ceilings, crown molding, abundant natural lightGourmet kitchen with stainless-steel appliances and granite countertopsMultiple living areas and a third-floor loft with built-in bunkbeds, wet bar, and access to a 25' x 18' Gulf-view rooftop deckSystems & Amenities:Navien gas tankless water heaterWi-Fi-enabled Circupool salt generatorHayward 2500 pool heater and sand filterAluminum hurricane shuttersLaundry room with full-size washer/dryerStrong Short-Term Rental AppealThis property's layout, location, and amenities are optimized for the vacation rental market. With large group capacity, year-round pool use, and direct Gulf views, it's primed for immediate income generation.Use it personally and rent selectively, or operate as a full-time short-term rental. Either way, you'll be investing in one of the Gulf Coast's most lucrative markets.

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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 Keller Williams Realty Emerald Coast. Data last updated: 2025-06-23T00:03:56.357.
www.kwemeraldcoast.com/homes/163801584
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7428 Thomas Drive Panama City, FL 32408

  • Price: $995,000
  • Status: Active
  • On Site: 39 Days
  • 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
High-Yield Investment Opportunity - Proven $100K+ Annual Income Potential | Fully Furnished | Prime Gulf LocationInvestor-ready and income-producing! This fully furnished 3BR/3.5BA, 2,375 sq ft property offers a rare opportunity to acquire a high-performing vacation rental with a proven track record of generating $100,000+ annually in gross rental income (2021 & 2022). Located directly across from the Gulf of Mexico and Rick Seltzer Park, this turnkey property is positioned for strong future returns.Key Investment Highlights:Over $50,000 in recent capital improvements (2024), including:oNew composite deckingoNew roof under upper deckoUpgraded pool systemsPrime location: Steps from beach access and a popular public parkSleeps 18-20 guests - perfect for large group bookingsLow maintenance landscaping and exteriorPrivate heated saltwater pool - year-round rental appealParking for 4+ vehicles - a major advantage in beach communitiesInterior Features:Coastal-modern furnishings included in sale10' and 11' ceilings, crown molding, abundant natural lightGourmet kitchen with stainless-steel appliances and granite countertopsMultiple living areas and a third-floor loft with built-in bunkbeds, wet bar, and access to a 25' x 18' Gulf-view rooftop deckSystems & Amenities:Navien gas tankless water heaterWi-Fi-enabled Circupool salt generatorHayward 2500 pool heater and sand filterAluminum hurricane shuttersLaundry room with full-size washer/dryerStrong Short-Term Rental AppealThis property's layout, location, and amenities are optimized for the vacation rental market. With large group capacity, year-round pool use, and direct Gulf views, it's primed for immediate income generation.Use it personally and rent selectively, or operate as a full-time short-term rental. Either way, you'll be investing in one of the Gulf Coast's most lucrative markets.
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 Keller Williams Realty Emerald Coast. Data last updated: 2025-06-23T00:03:56.357.
 
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