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7428 Thomas Drive, Panama City, FL 32408
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7428 Thomas Drive
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Priced at Only: $985,000
For more Information Call:
Address: 7428 Thomas Drive, Panama City, FL 32408
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  • MLS#: 773451 ( Residential )
  • Street Address: 7428 Thomas Drive
  • Viewed: 5
  • Price: $985,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 0
  • Bedrooms: 3
  • Total Baths: 4
  • Full Baths: 3
  • 1/2 Baths: 1
  • Days On Market: 86
  • Additional Information
  • Geolocation: 30.1606 / -85.7778
  • County: BAY
  • City: Panama City
  • Zipcode: 32408
  • Subdivision: Holiday Beach Unit 16
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: Coastal Choice Realty LLC
  • DMCA Notice
  • 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Patio, StormSecurityShutters
  • Fencing: Fenced, Privacy
  • Living Area: 2375.00
  • Roof: Metal
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway, Gravel
Eco-Communities
  • Pool Features: Fenced, Gunite, GasHeat, InGround, Pool, Private, SaltWater
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans, Electric
  • Heating: Central, Electric, Fireplaces
  • Road Frontage Type: CountyRoad
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Appliances: Dryer, Dishwasher, ElectricOven, ElectricRange, Disposal, Microwave, Refrigerator, TanklessWaterHeater, Washer
  • Furnished: Furnished
  • Interior Features: WetBar, BreakfastBar, CathedralCeilings, Fireplace, KitchenIsland, Pantry, RecessedLighting, SmartThermostat
  • Legal Description: HOLIDAY BEACH UNIT #16 WLY 1/2 OF LOT 2 BLK 17 ORB 4706 P 443
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30808-428-010
  • Style: Contemporary
  • The Range: 0.00
  • View: Gulf
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[no Recorded Subdiv]   A W Pledger Panama City Beach   Baltimore Beach   Banyan Beach   Bay Point Unit 1   Bel Air   Biltmore Beach   Biltmore Beach 1st Add   Bonita Point   Crescent Beach Unit 1   Cresent Bch Unit 1   Emerald Pointe Resort   Gates At Sterling Cove   Grand Lagoon Banks   Grand Lagoon Pointe   Grand Lagoon Shores 2   Grand Lagoon Shores 7   Grand Lagoon Shores11   Grand Lagoon Shores12   Greentree Unit-1   Gulf Lagoon Beach   Gulf Pines U-3   Hadley's Beach   Hidden Lagoon   Hidden Lagoon Villas   Hidden Pines Phase Ii   Holiday Beach On The Gulf   Holiday Beach Unit 1   Holiday Beach Unit 12   Holiday Beach Unit 13   Holiday Beach Unit 15   Holiday Beach Unit 16   Holiday Beach Unit 3   Holiday Beach Unit 6   Holiday Beach Unit 7   Holiday Beach Unit 8   Lagoon Estates   Lagoon Heights   Lagoon Manor   Lagoon Oaks   Landward Townhouses   Leeward Tower Townhouse   Legend Lakes   Magnolia Bay Club   Magnolia Beach   Magnolia Beach 2nd Add   Marlin Place   Martinique Phase Ii   Merglewski Retreats   Mimosa Place   Misty Harbour Condo.   No Named Subdivision   North Lagoon Heights   North Lagoon Oaks   North Lagoon Oaks 2nd   North Lagoon Oaks 6th Add   North Lagoon Oaks 7th Add   North Lagoon Oaks 8th Add   Northwood Estates   Northwoods Estates 1st Add   Panama Dunes   Pelican Bay   Pines 5th Add   Pines Subdivision   Point Royal Homes Unit 1   Preserve On The Bay Ph I   Preserve On The Bay Ph Ii   Preserve On The Bay Ph Iii-a   Sago Park Townhomes   Sanctuary Beach   Silver Sands Beach   Silver Sands Unit 1   Silver Sands Unit 2   Sugar Shack Condo   Summerplace Townhouses   Thomas Drive Park U-1   Treasure Cove   Treasure Cove Unit 1   Treasure Palms   Venture Out   Venture Out Travel Trail   Whispering Pines  
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