Check Availability
$689,000
↓ $6K (0.9%)
● House - For Sale

7818 Thomas Drive

Panama City, FL 32408
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,707 Ft²
$4,490
Est. Monthly
$600
HOA / Fees

About This Property

STEPS TO THE BEACH! Welcome to 7818 Thomas Drive, a coastal getaway less than 700 feet from Beach Access 16, where you can see the Gulf from your front door!  Whether you've dreamed of finally owning your own Panama City Beach getaway or you're searching for a property positioned for short-term rental success, this 3-bedroom beach house delivers the LOCATION--and the LIFESTYLE.

Inside, the home has been thoughtfully designed to feel like a true beach retreat, with newly painted interiors, updated furnishings, a boutique-inspired bathroom, and custom built-in bunks that maximize both sleeping space and rental appeal. All furniture and decor included in sale, making this home truly turnkey! The home comfortably sleeps up to 10, while the spacious primary suite offers its own private balcony with views of the Gulf. A newer 2025 HVAC system adds peace of mind, and the attached one-car garage with an epoxy floor provides something increasingly difficult to find this close to the beach--private storage for your vehicle, golf cart, bikes, and beach gear.

Villas of Panama is an intimate community of just 10 detached beach homes surrounding a community pool maintained by the HOA, giving owners and guests the enjoyment of a pool without the individual upkeep. Add in the home's proximity to all the east end restaurants, attractions and recreation, and you have the combination beach buyers and investors look for: walkability to the Gulf, a pool, private garage, beautiful coastal interiors, and generous sleeping capacity. Even better, enjoy the rare advantage of owning this close to the Gulf while being located in desirable FLOOD ZONE X.

Whether you're looking for a personal beach retreat, a vacation-rental investment, or the best of both, ''Sand Dollar Holler'' is ready to enjoy. Schedule your showing today before it's gone.
Unit Size
1,707 Ft²
Days on Market
44 days
Land Size
0.05 acres
Price per sqft
$404
Property Type
House
Property Taxes
$506
HOA Dues
$600
Year Built
2005

Listed By

Katilyn Scott
Compass Florida, LLC

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Last updated: 24 days ago ( #794337)

Price History

Date / Event Date Event Price
Sep 11, 2026 Price Decreased $689,000
↓ $6K (0.9%)
Price Decreased
Aug 19, 2026 Listed by Compass Florida, LLC $695,000
Listed by Compass Florida, LLC
Jul 26, 2023 Sold
Sold
May 13, 2022 Sold
Sold
Jan 22, 2021 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Double Vanity, Balcony, InteriorSteps, TubShower, UpperLevelPrimary
Appliances: Electric Cooktop
Rooms: 3
Exterior Details
Square Footage: 1707
Square Footage Source: $0
Architectural Style: Coastal
Year Built: 2005
Building Area Total: 1707
Levels: Two
Window Features: Double Pane Windows
Patio and Porch Features: Covered, Patio, Balcony
Pool Features: Gunite, In Ground, Community
Pool is Private
Lot Size Area: 0.05
Lot Size Units: Acres
Lot Size Acres: 0.05
Lot Size Square Feet: 2178
Lot Size Dimensions: 23.0 ft x 96.0 ft
Financial Details
Tax Annual Amount: $6,077
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Pools
HOA Fee: $600
HOA Fee Frequency: Quarterly

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 315
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 230
  • Total Building Area: 2,022
  • Gross Building Area: 2,022
  • Building Area: 1,707
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,707
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAS OF PANAMA
  • Land Acres: 0000000050
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: VILLAS OF PANAMA LOT 5 MAP 58A ORB 4713 P 598

Neighborhood

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

Zoning

  • Zoning: BC03

Geography

  • Parcel: 30540-005-035
  • Lot: 5
  • Meridian: SEC 07 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1613
  • Longitude: -85.7788

    Address

  • Full Address: 7818 Thomas Dr
  • Address - House Number: 7818
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C088
  • 4-Digit Zip Code: 7532
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 1,953
  • Tax Year: 2023
  • Tax Amount: $613,078
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 655,991
  • High Value: 801,667
  • Low Value: 510,314

    Market Valuation

  • Market Total Value: $487,161
  • Market Land Value: $58,953
  • Market Improvement Value: $428,208

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487,161
  • Assessed Land Value: $58,953
  • Assessed Improvements Value: $428,208

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 46568
  • Previous Sale Recording Date: May 13, 2022
  • Previous Sale Contract Date: May 09, 2022
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Silver Sands 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 7818 Thomas Drive built and last sold?
The property at 7818 Thomas Drive was built in 2005 and last sold on Jul 24, 2023 for $635,000.
How much is this home worth?
The estimated value of the home located at 7818 Thomas Drive is $677,327.
What are some comparable homes to 7818 Thomas Drive?
There are currently no comparable homes to 7818 Thomas Drive.