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$835,880
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. If owning a beach property in Panama City Beach is on your list, this fully furnished three-story vacation home is ready to go and has no HOA restrictions. Designed to comfortably accommodate up to 16 guests, the home offers beautiful Gulf views, a private fenced backyard with a pool, and a location just steps from the sand. The spacious 25' x 18' third-floor balcony is the perfect place to take in the Gulf scenery. Positioned directly across from Rick Seltzer Park, the views are protected and unlikely to change. Step inside from the covered front porch into a bright open-concept living, dining, and kitchen area featuring a fireplace, 11-foot ceilings, crown molding, and tile flooring throughout. The kitchen is designed for entertaining with granite countertops, a large island with breakfast bar seating, solid wood cabinetry, stainless steel appliances, and a generous walk-in pantry. Toward the rear of the first floor you'll find a spacious laundry room, a full bathroom with granite counters and a tub/shower combo, and a bedroom with a large walk-in closet and direct access to the bathroom. A side entrance near the staircase leads outside to a private walkway and gated backyard, where the pool and fully fenced yard create a great space for guests who want to alternate between the pool and the Gulf. Head up to the second level where the primary suite awaits. This retreat includes two closets, a private balcony overlooking the Gulf, and an ensuite bath with granite countertops, a jetted soaking tub, and a glass-enclosed walk-in shower. Another bedroom on this floor includes an owner's closet and its own full bathroom with granite counters and a tub/shower combination. The third floor serves as an entertainment space, featuring a second living area with 11-foot ceilings, tile floors, a wet bar with granite counters, a half bath, large sofas (including a sleeper), and a bunk bed--perfect for gathering or additional sleeping space. From here, step out onto the oversized 25' x 18' deck where you can enjoy unobstructed Gulf views while dining at the outdoor table and chairs. Built with weather-resistant Trex Decking and durable Hardie board siding, the home was designed for low exterior maintenance. The property is beautifully furnished and completely turn-key, making it ideal as a vacation rental or second home. Across the street, Rick Seltzer Park provides easy public beach access with restrooms, outdoor showers, and seasonal lifeguards. A nearby crosswalk allows for safe and convenient access to the beach. You'll also be close to some of the area's best attractions, including dining, shopping, boating, marinas, bike rentals, amusement parks, and St. Andrews State Park. This three-story beach home offers the perfect opportunity to enjoy the best of Panama City Beach living. and vacationing.
Full Property Details
Full Property Details for 7420 Thomas Dr
General
- Sold For: $835,880
- Taxes: $7,282 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 786683
- Added to Site: 64 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Bar Fridge, Electric Range, Electric Water Heater, Warming Drawer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Fenced, Gunite, In Ground, Salt Water, Private
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Deck
- Porch/Patio/Deck: Balcony, Deck, Covered, Porch
Parking
- Parking Features: Gravel
Location
- County: Bay
- Subdivision: Holiday Beach Unit 16
- Driving Directions: Home is located on Thomas Drive across the street from Rick Seltzer Park and En Soleil Condos.
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), Multi Units
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Coastal
- Construction: HardiPlank Type, Wood Frame
- Roof: Metal
- Windows: Double Pane Windows
- Stories/Levels: 3
- Sq. Ft. Source: Appraiser
- Year Built: 2005
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,000
- Lot Size: .07
- Lot Dimensions: 120 x 25
- Lot Features: Paved
- Fencing (Description): Fenced
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $7,282
- Tax Year: 2025
Disclosures and Reports
- Legal Description: HOLIDAY BEACH UNIT #16 W 1/2 LOT 4 (4.02) BLK 17 ORB 3697 P 1331
- Property ID: 30808-431-010
Listed by Keller Williams Success Realty
Sold by EXP Realty LLC
Get Pre-Approved Today
Schools
Schools serving 7420 Thomas Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.1 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 5.5 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7420 Thomas Dr
Date
Details
Price
Change
Source
5/15/2026
Sold
$835,880
-1.55%
MLS
4/13/2026
Price Reduced
$849,000
-5.56%
MLS
3/30/2026
Price Reduced
$899,000
-2.81%
MLS
3/12/2026
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7420 Thomas Drive, Panama City Beach, FL 32408 (MLS# 786683) is a Single Family property that was sold at $835,880 on May 15, 2026. Want to learn more about 7420 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.

