See Home Value
$945,000
● House - Off Market

7426 Thomas Drive

Panama City Beach, FL 32408
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,375 Ft²
$4,808
Est. Monthly

About This Property

Welcome to 7426 Thomas Drive, a luxurious retreat nestled just steps away from the pristine white sands of Panama City Beach and water's edge.

This spectacular, fully furnished beach house offers the ultimate coastal living experience, boasting an inground private pool and almost 2400 sq ft. of living space spread over three bedrooms and three and a half bathrooms. The top loft level is currently utilized as an additional living area and a fourth bedroom, offering versatile space for guests.

The spacious living room, featuring a cozy fireplace, seamlessly flows into the chef's kitchen, creating an inviting atmosphere for relaxation and entertainment. A charming entryway cabinet off the secondary entrance on the first floor provides convenient storage for guests' shoes and belongings. There is also a spare bedroom equipped with a queen bed and private ensuite bathroom on the first level.

The primary bedroom, located on the second level, includes a private balcony and a lavish ensuite bathroom with granite countertops, a walk-in tiled shower, and a jetted tub. Also on the second floor, an additional bedroom features two double bunk beds and an ensuite bathroom, making it ideal for children and additional guests.

The third level contains two double bunk beds and a pull-out couch for added sleeping space, a wet bar with a sink and dishwasher, and a half bath. The top deck offers unobstructed views of the Gulf of Mexico and Rick Selzer Park, where you can enjoy easy access to Panama City Beach.

This meticulously maintained beach house comfortably accommodates 15 guests with 10 beds, making it a lucrative option for vacation rentals or a personal getaway. Recent updates include two newer HVAC units, luxury vinyl plank flooring in the bedrooms, three hurricane rated exterior doors, new refrigerator and interior paint (2024), durable washer and dryer (2021), full metal roof replacement (2020) along with new deck boards on the third story sundeck, pool resurfaced and new plaster (2022), and new tankless water heater (2023).

Enjoy the freedom of no homeowner association (HOA) fees. Located in flood zone X, this property does not require flood insurance. Don't miss the opportunity to experience this exquisite property. Schedule your private viewing today and embrace the luxury of coastal living at 7426 Thomas Drive.
Unit Size
2,375 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$412
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

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Last updated: 2 years ago (ECAR MLS #953058)

Price History

Date / Event Date Event Price
Dec 30, 2024 Sold
Sold
Nov 30, 2024 In contract -
In contract
Jun 23, 2024 Listed by ERA Neubauer Commercial $979,000
Listed by ERA Neubauer Commercial
Apr 9, 2007 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 2,962
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,375
  • Gross Building Area: 2,375
  • Building Area: 2,375
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,375
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY BEACH
  • Land Acres: 0000000068
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: HOLIDAY BEACH UNIT #16 ELY 1/2 OF LOT 2 BLK 17 ORB 3338 P 1546 ORB 3717 P 544

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002605

Geography

  • Parcel: 30808-428-020
  • Block: 17
  • Lot: 2
  • Meridian: SEC 08 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1606
  • Longitude: -85.7777

    Address

  • Full Address: 7426 Thomas Dr
  • Legal Unit: 16
  • Address - House Number: 7426
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C088
  • 4-Digit Zip Code: 7584
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 2,527
  • Tax Year: 2023
  • Tax Amount: $658,458
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2339
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 758,830
  • High Value: 936,391
  • Low Value: 581,268

    Market Valuation

  • Market Total Value: $523,458
  • Market Land Value: $70,560
  • Market Improvement Value: $452,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $523,458
  • Assessed Land Value: $70,560
  • Assessed Improvements Value: $452,898

    Sales

  • Current Sale Contract Date: Jul 09, 2015
  • Current Sale Recording Date: Jul 21, 2015
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015039722
  • Previous Sale Recording Date: Apr 09, 2007
  • Previous Sale Contract Date: Mar 30, 2007
  • Previous Sale Amount: $497,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 7426 Thomas Drive built and last sold?
The property at 7426 Thomas Drive was built in 2005 and last sold on Jul 9, 2015 for $0.
How much is this home worth?
The estimated value of the home located at 7426 Thomas Drive is $0.
What are some comparable homes to 7426 Thomas Drive?
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