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$1,354,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • Updated 10 days ago
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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.

Full Property Details for 7028 Thomas Dr

General

  • Price: $1,354,000
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 780902
  • Updated: 1/6/2026
  • Added to Site: 82 day(s) ago

Interior

  • Number of Rooms: 5
  • Appliances: Bar Fridge, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Wine Cooler
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Fenced, In Ground, Private
  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior

  • Exterior Features: Covered Patio, Deck, Outdoor Shower
  • Porch/Patio/Deck: Balcony, Deck, Covered, Patio, Porch

Parking

  • Parking Features: Additional Parking

Location

  • County: Bay
  • Subdivision: Holiday Beach Unit 12
  • Driving Directions: From the Hathaway bridge, Head west on Front Beach Rd toward Wilkinson Ave, Turn left onto Joan Ave, Turn left onto C R 392/Thomas Dr, destination is on the left just past Venus St

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
  • Utility Description: Cable Connected, Electricity Available

Structural Information

  • Architectural Style: Coastal
  • Construction: HardiPlank Type, Metal Siding
  • Windows: Double Pane Windows, Storm Window(s), Tinted Windows
  • Doors: Storm Door(s)
  • Sq. Ft. Source: Appraiser
  • Year Built: 2023

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Lot Size: .14
  • Lot Dimensions: 50 x 120
  • Frontage: City Street
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced, Privacy

Water Features

  • Water Front: Yes
  • Water View: Yes

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: HOLIDAY BEACH UNIT #12 LOT 3 BLK U ORB 4605 P 1069
  • Property ID: 30804-000-000

Listed by Legacy Premier Agency and Corcoran Reverie

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Listing agents

— 7028 Thomas Dr —

  • Legacy Premier Agency

  • Corcoran Reverie

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7028 Thomas Dr

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-85.9 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-124.2 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
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 for 7028 Thomas Dr

Year
Property Taxes
Change
Tax Assessment
Change
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.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Legacy Premier Agency and Corcoran Reverie

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7028 Thomas Drive, Panama City Beach, FL 32408 (MLS# 780902) is a Single Family property with 5 bedrooms and 4 full bathrooms. 7028 Thomas Drive is currently listed for $1,354,000 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.

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