7028 Thomas Drive, Panama City Beach, FL 32408 - Photo 1

Save This Listing

Close

1/69

View All Photos

$1,299,000

For Sale
Active
Single Family
5 Beds
4 Full Baths
3,048 Sq. Ft.

See This Home

Save This Listing

Close

1/69

Property Description

A premier investment and luxury coastal retreat, this custom beach home is positioned just a short 5-minute walk from Public Beach Access 15 and the iconic emerald waters of Panama City Beach. Purposefully designed to host large groups, it sleeps up to 19 guests and delivers impressive rental projections exceeding $130,000 annually. The open main level showcases a gourmet kitchen with granite countertops, stainless steel appliances, and walk-in pantry flowing seamlessly to the covered patio, private pool, and outdoor shower. The primary suite provides resort-style comfort with a soaking tub, walk-in shower, and spacious closet, while multiple bunk rooms including a third-floor bunk suite with lounge area enhance rental versatility. A second-floor family room with a wet bar opens to a sunset-view sundeck ideal for entertaining. Perfectly located on the desirable East End near local favorites like Schooners and FINNS Barista Bar & Snack Shack, this fully furnished property offers superior guest appeal and proven performance in one of PCB's strongest rental corridors.

3D Tour

Full Property Details

Full Property Details for 7028 Thomas Dr

General

Price: $1,299,000
Taxes: $8,095 (2024)
Status: Active
Type: Single Family
Source: Emerald_Coast
MLS ID: 988441
Updated: 2/5/2026
Added to Site: 128 day(s) ago

Interior

Rooms/Areas: Bedroom, Bunk Room, Dining Room, Kitchen, Master Bedroom
Interior Features: Breakfast Bar, Ceiling Raised, Ceiling Vaulted, Kitchen Island, Lighting Recessed, Lock Out, Owner's Closet, Pantry, Wet Bar
Appliances: Disposal, Freezer, Microwave, Refrigerator, Stove/Oven Electric, Wine Refrigerator

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 5

Other Rooms

Kitchen: Kitchen
Dining Room: Dining Room

Exterior

Exterior Features: Balcony, Deck Covered, Deck Enclosed, Deck Open, Fenced Back Yard, Fenced Privacy, Patio Covered, Pool - In-Ground, Porch, Shower

Parking

Carports: Yes
Parking: Carport Attached

Location

Area: 27 - Bay County
County: Bay
Subdivision: Holiday Beach Unit 12
Driving Directions: From Santa Rosa Beach, take US-98 Etowards Panama City Beach, turn right on Richard Jackson Blvd, turn left on Middle Beach Rd, cross over Front Beach Rd and continue straight on Thomas Dr. Destination is on the left just past Venus St.

School Information

Elementary School: Patronis
Middle School: Surfside
High School: Arnold

Heating & Cooling

Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Utilities

Utility Description: Electric, Public Sewer, TV Cable

Structural Information

Architectural Style: Beach House
Construction: Roof Metal, Siding CmntFbrHrdBrd, Trim Vinyl
Stories/Levels: 3
Square Feet: 3,048
Sq. Ft. Source: County PA Records
Year Built: 2023

Lot Features

Lot Size (Acres): 0.14
Lot Dimensions: 50 x 120
Street/Road Desc.: City Road, Paved Road
Lot Features: Within 1/2 Mile to Water
Zoning: Resid Single Family

Financial Considerations

Tax Amount: $8,095
Tax Year: 2024
Terms: Conventional, FHA, VA

Disclosures and Reports

Legal Description: HOLIDAY BEACH UNIT #12 LOT 3 BLK U ORB 4605 P 1069
APN: 30804-000-000

Listed by Legacy Premier Agency LLC

Quickly Find Out More

* Indicates a required field

Comment optional

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 7028 Thomas Dr —

Legacy Premier Agency LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 7028 Thomas Dr

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 7028 Thomas Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/05/2026

Price Reduced

$1,299,000

-4.06%

MLS

12/30/2025

Price Reduced

$1,354,000

-1.81%

MLS

10/27/2025

Listed

$1,379,000

451.6%

MLS

8/22/2022

Sold

$250,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 7028 Thomas Dr

Year

Property Taxes

Change

Tax Assessment

Change

2025

$9,293

15%

$801,345

22%

2024

$8,095

336%

$655,476

341%

2023

$1,857

83%

$148,561

76%

2021

$1,012

-41%

$84,351

-43%

2022

$1,722

70%

$148,911

120%

2021

$1,012

42%

$67,671

25%

2019

$712

15%

$54,242

10%

2018

$617

-47%

$49,311

-46%

2017

$1,156

2%

$91,731

4%

2016

$1,133

-2%

$88,251

1%

2015

$1,151

1%

$87,231

—

2014

$1,145

-8%

$86,880

-18%

2013

$1,240

—

$106,200

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 7028 Thomas Dr

57 Laurel Oak Ln, Santa Rosa Beach, FL 32459 - Photo 1

Just Listed

$1,690,000

Open House

57 Laurel Oak Ln Santa Rosa Beach, FL 32459

Single Family
Active
Updated 15 hours ago

3
Beds
3
Total Baths
2,140
Sq. Ft.

Listed by Beycome of Florida LLC

4923 E County Hwy 30A, Santa Rosa Beach, FL 32459 - Photo 1

Just Listed

$745,000

Open House

4923 E County Hwy 30A #E102 Santa Rosa Beach, FL 32459

Townhouse
Active
Updated 1 day ago

3
Beds
3
Total Baths

119 Gustaf Dr, Santa Rosa Beach, FL 32459 - Photo 1

Just Listed

$515,000

119 Gustaf Dr Santa Rosa Beach, FL 32459

Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths

Lot 77 Harbour Trace, Freeport, FL 32439 - Photo 1

Just Listed

$175,000

Lot 77 Harbour Trace Freeport, FL 32439

Land Residential
Active
Updated 5 days ago

0.63
Acres

Lot 6 Pisces Dr, Santa Rosa Beach, FL 32459 - Photo 1

Price Reduced

-$4,995 (-2.63%)

$185,000

Lot 6 Pisces Dr Santa Rosa Beach, FL 32459

Land Residential
Active
Updated 6 days ago

0.49
Acres

122 Brizo Ln, Santa Rosa Beach, FL 32459 - Photo 1

Price Reduced

-$900 (-0.13%)

$708,000

122 Brizo Ln #Lot 15 Santa Rosa Beach, FL 32459

Single Family
Active
Updated 19 hours ago

5
Beds
5
Total Baths

148 Summer Breeze Ln, Santa Rosa Beach, FL 32459 - Photo 1

Price Reduced

-$40,000 (-5.81%)

$649,000

148 Summer Breeze Ln Santa Rosa Beach, FL 32459

Single Family
Active
Updated 3 days ago

2
Beds
2
Total Baths

11 Beachside Dr, Santa Rosa Beach, FL 32459 - Photo 1

Price Reduced

-$39,000 (-5.35%)

$690,000

11 Beachside Dr #233 Santa Rosa Beach, FL 32459

Condo
Active
Updated 2 days ago

3
Beds
2
Total Baths

8015 Surf Dr, Panama City Beach, FL 32408 - Photo 1

Sold

$1,450,000

8015 Surf Dr ## B Panama City Beach, FL 32408

Townhouse
Closed

5
Beds
5
Total Baths
3,076
Sq. Ft.

3604 Preserve Blvd, Panama City Beach, FL 32408 - Photo 1

Sold

$1,180,000

3604 Preserve Blvd Panama City Beach, FL 32408

Single Family
Closed

Sold

$1,180,000

3604 Preserve Blvd Panama City Beach, FL 32408

Land Residential
Closed

0.41
Acres

11807 Front Beach Rd, Panama City Beach, FL 32407 - Photo 1

Sold

$1,200,000

11807 Front Beach Rd #2204 Panama City Beach, FL 32407

Condo
Closed

4
Beds
3
Total Baths

7028 Thomas Drive, Panama City Beach, FL 32408 (MLS# 988441) is a Single Family property with 5 bedrooms and 4 full bathrooms. 7028 Thomas Drive is currently listed for $1,299,000 and was received on October 27, 2025. Want to learn more about 7028 Thomas Drive? Do you have questions about finding other Single Family 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.

7028 Thomas Dr Panama City Beach, FL 32408

Full Property Details for 7028 Thomas Dr

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Exterior

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Lot Features

Financial Considerations

Disclosures and Reports

Quickly Find Out More

Quickly Find Out More

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 7028 Thomas Dr

Price & Sales History for 7028 Thomas Dr Get Price Alerts and Save Property

Tax History for 7028 Thomas Dr

Estimate the Cost for 7028 Thomas Dr

Be ready to buy your new home!

Similar Properties near 7028 Thomas Dr