7824 Thomas Drive, Panama City, FL 32408

$650,000
3
BD
3
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$650,000
MLS#
795058
Bedrooms
3
Bathrooms
3
Full-baths
2
Half-baths
1
Acres
0.05
Lot Size
2,178
Subdivision
Villas Of Panama
Year Built
2005

Property Description

Just steps from the sugar-white sands of Panama City Beach, this income-producing vacation rental offers the location, amenities, and guest capacity that make a beach investment stand out. Currently operating as Palm Breeze Retreat, this 3-bedroom, 2.5-bath property is completely furnished, accommodates up to 10 guests and is positioned within the Villas of Panama, where the community pool and nearby beach access put vacation favorites within easy reach. Inside, the main living area provides plenty of room to gather after a day on the Gulf, with a comfortable living space, dining area, and fully equipped kitchen featuring stainless steel appliances, stone countertops, and ample cabinetry. The sleeping arrangements are designed with groups and families in mind, including a primary suite with a king bed and twin-over-twin bunks, two additional queen bedrooms, and a sleeper sofa in the living area. Multiple bedrooms offer balcony access, while the primary suite includes its own bath. One of the property's most memorable features is the converted garage game room, giving guests their own place to unwind with arcade games, air hockey, darts, basketball, and more. Outdoor spaces add even more appeal, with balconies, a lower-level patio and grill area, and a second-floor balcony overlooking the community pool. The location makes it easy for guests to enjoy Panama City Beach without spending the entire vacation in the car. Thomas Drive, St. Andrews Bay, dining, entertainment, and the beach are all nearby, while St. Andrews State Park is less than three miles away. Shopping, golf, charter fishing, water activities, family attractions, and the area's many restaurants provide plenty to explore beyond the shoreline. Whether you're searching for a beach property to enjoy yourself, an established vacation rental to add to your portfolio, or a combination of both, this property brings together guest-friendly amenities and a highly desirable location just a short walk from the Gulf.

Additional Information

Hoa Fee
$600
Hoa Fee Freq
Quarterly
Waterview
Gulf
Interior Features
Balcony, Double Vanity, Jetted Tub, Sitting Area in Primary, Upper Level Primary
Exterior Features
Covered Patio
Lot Dimensions
23.0 ft x 96.0 ft
Parking Spaces
1
Appliances
Electric Range, Electric Water Heater
Elementary School
Patronis
Middle School
Surfside
High School
Arnold

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Salty Marlin Realty LLC.