See Home Value
$450,000
● House - Off Market

7508 Thomas Drive

Panama City, FL 32408
bedrooms
4 Beds
bathrooms
3 Baths
$3,418
Est. Monthly
$800
HOA / Fees

About This Property

***AGENTS, PLEASE READ THE AGENTS REMARKS IN ENTIRETY*** DIAMOND IN THE ROUGH!!! This 4 bedroom, 3 bathroom 3 story home(with an UNBELIEVABLE top floor bonus room view) needs TLC, but that's why its listed at this price. You are steps away from Rick Seltzer Park and the white sand beach! If you prefer a pool, you and only 4 other homeowners can share a private one...with a hot tub!! Once cleaned up and updated this gem is guaranteed to get top dollar as a short term rental, or make it your primary residence/vacation home. Both second and third floors have unobstructed gulf views. Seller has an assumable termite bond with Brock that expires in June. Upgrades include 2019 kitchen, stainless steel appliances, gas oven, vinyl plank flooring, ceiling fans in all rooms, 2015 tankless water heater, gas fireplace, and the seller replaced the roof after 2014(can't remember the exact date). Back yard is completely fenced in with fresh pine straw, metal shed for storage, and gate leads straight into the private pool. All information is approximate and should be verified by buyers if important.
Unit Size
-
Days on Market
13 days
Land Size
0.05 acres
Price per sqft
-
Property Type
House
Property Taxes
$167
HOA Dues
$800
Year Built
2002

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Last updated: 2 months ago ( #768888)

Price History

Date / Event Date Event Price
Mar 4, 2025 Sold
Sold
Feb 15, 2025 Listed by RE/MAX SELECT Partners $499,000
Listed by RE/MAX SELECT Partners

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • 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: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 2,090
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,134
  • Gross Building Area: 2,134
  • Building Area: 2,134
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,134
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY BEACH
  • Land Acres: 0000000048
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: HOLIDAY BEACH UNIT #16 58D2 (1.02) COM AT SLY COR OF LOT 1 NELY ALG ELY LINE OF LOT 1 32.71 NWLY 44.21 NWLY 6.82 FOR POB TH CONT NWLY 4 WLY 20.21 N 93.66 SELY 56.22 SWLY 12.26 SWLY 62.35 TO POB TOGETHER WITH ESMT FOR INGRESS & EGRESS BLK 17 ORB 2245

Neighborhood

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

Zoning

  • Zoning: C1

Geography

  • Parcel: 30808-427-020
  • Block: 17
  • Lot: 1
  • Meridian: SEC 08 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1607
  • Longitude: -85.7781

    Address

  • Full Address: 7508 Thomas Dr
  • Legal Unit: 16
  • Address - House Number: 7508
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C088
  • 4-Digit Zip Code: 7586
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 2,206
  • Tax Year: 2023
  • Tax Amount: $197,121
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 658,413
  • High Value: 803,919
  • Low Value: 512,908

    Market Valuation

  • Market Total Value: $357,504
  • Market Land Value: $60,480
  • Market Improvement Value: $297,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,501

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes
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

About Holiday Beach


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9860 S South Thomas Drive, Panama City, FL, 32408

$2,500 /mo

  • 3 Beds
  • 2 Baths
9860 S South Thomas Drive #711, Panama City, FL, 32408 Listing by Courtney C Simonds


Frequently Asked Questions

When was property at 7508 Thomas Drive built and last sold?
The property at 7508 Thomas Drive was built in 2002 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7508 Thomas Drive is $503,990.
What are some comparable homes to 7508 Thomas Drive?
There are currently no comparable homes to 7508 Thomas Drive.