Panama City, FL 32408,7428 Thomas DR
Panama City, FL 32408,7428 Thomas DR
Panama City, FL 32408,7428 Thomas DR
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$995,000
Est. payment /mo
3 Beds
4 Baths
2,375 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,375 sqft

Price per Sqft $418

Subdivision Holiday Beach Unit 16

MLS Listing ID 773451

Style Contemporary

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 2005

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Detached

Property 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.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Wet Bar, Breakfast Bar, Cathedral Ceiling(s), Fireplace, Kitchen Island, Pantry, Recessed Lighting, Smart Thermostat

Heating Central, Electric, Fireplace(s)

Cooling Central Air, Ceiling Fan(s), Electric

Fireplaces Type Gas

Furnishings Furnished

Fireplace Yes

Appliance Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Tankless Water Heater, Washer

Exterior

Exterior Feature Balcony, Patio, Storm/Security Shutters

Parking Features Driveway, Gravel

Fence Fenced, Privacy

Pool Fenced, Gunite, Gas Heat, In Ground, Pool, Private, Salt Water

Community Features Short Term Rental Allowed

View Y/N Yes

View Gulf

Roof Type Metal

Porch Balcony, Covered, Porch

Private Pool Yes

Building

Story 3

Architectural Style Contemporary

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 30808-428-010

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan


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Listed by Coastal Choice Realty LLC

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agent

Alissa Childree

+1(251) 975-8192

Agent | License ID: 3508920

Agent License ID: 3508920

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