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$1,320,000
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Property Description
Turn-Key Duplex in the Heart of Panama City Beach - A Rental Powerhouse Opportunity! Discover the perfect blend of luxury, location, and high-income potential with this stunning new-construction duplex in Panama City Beach. Just steps from the world-famous sugar-white sands and emerald waters, this property is designed to excel in PCB's thriving short-term rental market. This prime location is a magnet for year-round visitors. The vibrant Thomas Drive, moments from your doorstep, offers endless dining, shopping, and entertainment options-all complemented by the relaxing aroma of the ocean breeze. With nearby attractions like St. Andrews State Park, Pier Park, and family favorites such as Shipwreck Island Waterpark, guests of all ages will find something to love. Dining hotspots like Captain Anderson's, Schooners, and The Grand Marlin are sure to please foodies and families alike. For adventure seekers, the property is conveniently located near golf cart rental companies, pontoon boat rentals, jetski operators, and deep-sea fishing charters offering unforgettable experiences on the Gulf. Each side of the duplex has been thoughtfully designed to provide guests with the ultimate experience. With four bedrooms and four full bathrooms on each side, the property can accommodate up to 14 guests per unit, for a total of 28 guests. Both units come fully furnished and feature modern finishes, including LVP flooring, tiled showers, and 9-foot ceilings. The primary-level kitchens are complemented by a fun upstairs game room and entertainment space with a wet bar. Ground-floor laundry rooms and secondary laundry hookups on the second floor offer added convenience, while smart home technology ensures ease of remote management. Every room is equipped with a flatscreen TV, and outdoor showers and under-stairwell storage provide thoughtful touches for beachgoers. The home also includes both a covered rear patio and a covered upper balcony, complete with ceiling fans, comfortable outdoor seating, and dining tables, offering the perfect spaces to relax or gather for meals in the coastal breeze. The exterior is equally impressive, with privacy fencing and enough space to add a pool on each side, making it even more appealing to guests. A bonus rear gravel parking area and ample front parking add to its convenience. There's also room for a housekeeping station, making turnovers simple and efficient. Best of all, this turn-key property has no HOA fees and is just a three-minute walk to the beach, giving guests seamless access to everything PCB has to offer. Its thoughtful design, proximity to top attractions, and high-end amenities position this duplex as a top-performing rental property in Florida's booming coastal market. Don't miss out on this rare opportunity to own a truly exceptional investment property. Schedule your showing today and start capitalizing on PCB's unparalleled rental potential!
Full Property Details
Full Property Details for 7026 Thomas Dr #A & B
General
- Sold For: $1,320,000
- Taxes: $1,857 (2023)
- Status: Closed
- Type: Duplex
- Source: Bay_County
- MLS ID: 765786
- Added to Site: 410 day(s) ago
Interior
- Number of Rooms: 20
- Interior Features: Smart Thermostat
- Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Security/Safety: Security System, Smoke Detector(s)
Exterior
- Exterior Features: Barbecue, Covered Patio
- Porch/Patio/Deck: Balcony, Deck
Parking
- Parking Features: Additional Parking, Paved, Parking Lot
Location
- County: Bay
- Subdivision: Holiday Beach Unit 12
- Driving Directions: Heading West on Thomas Drive, Unit is on the right hand side of the road directly across Hidden Dunes Condo.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer, Sewer Tap Paid
- Utility Description: Cable Connected, Natural Gas Available, High Speed Internet Available
Structural Information
- Architectural Style: Duplex
- Structure Type: Duplex
- Construction: HardiPlank Type, Wood Frame
- Stories/Levels: 2
- Sq. Ft. Source: Plans
- Year Built: 2024
Lot Features
- Lot Dimensions: 50 x 120
- Frontage: City Street
- Lot Features: Paved
- Zoning: Commercial, Resid Multi-Family
- Fencing (Description): Fenced, Privacy
Financial Considerations
- Tax Amount: $1,857
- Tax Year: 2023
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: HOLIDAY BEACH UNIT #12 LOT 2 BLK U ORB 4660 P 575
- Property ID: 30803-020-000
Listed by A List Beach Realty LLC and Non-Member Office
Sold by EXP Realty LLC
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Schools
Schools serving 7026 Thomas Dr #A & B
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 5.9 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7026 Thomas Dr #A & B
Date
Details
Price
Change
Source
7/22/2025
Sold
$1,320,000
-5.71%
MLS
4/26/2025
Price Reduced
$1,400,000
-1.75%
MLS
3/15/2025
Price Reduced
$1,425,000
-1.72%
MLS
2/10/2025
Price Reduced
$1,450,000
-1.69%
MLS
1/09/2025
Price Reduced
$1,475,000
-1.67%
MLS
12/02/2024
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7026 Thomas Drive #A & B, Panama City Beach, FL 32408 (MLS# 765786) is a Duplex property that was sold at $1,320,000 on July 22, 2025. Want to learn more about 7026 Thomas Drive #A & B? Do you have questions about finding other Duplex real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

