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$945,000
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSWelcome to 7426 Thomas Drive, a luxurious retreat nestled just steps away from the pristine white sands of Panama City Beach and water's edge. This spectacular, fully furnished beach house offers the ultimate coastal living experience, boasting an inground private pool and almost 2400 sq ft. of living space spread over three bedrooms and three and a half bathrooms. The top loft level is currently utilized as an additional living area and a fourth bedroom, offering versatile space for guests.The spacious living room, featuring a cozy fireplace, seamlessly flows into the chef's kitchen, creating an inviting atmosphere for relaxation and entertainment. A charming entryway cabinet off the secondary entrance on the first floor provides convenient storage for guests' shoes and belongings. There is also a spare bedroom equipped with a queen bed and private ensuite bathroom on the first level. The primary bedroom, located on the second level, includes a private balcony and a lavish ensuite bathroom with granite countertops, a walk-in tiled shower, and a jetted tub. Also on the second floor, an additional bedroom features two double bunk beds and an ensuite bathroom, making it ideal for children and additional guests.The third level contains two double bunk beds and a pull-out couch for added sleeping space, a wet bar with a sink and dishwasher, and a half bath. The top deck offers unobstructed views of the Gulf of Mexico and Rick Selzer Park, where you can enjoy easy access to Panama City Beach.This meticulously maintained beach house comfortably accommodates 15 guests with 10 beds, making it a lucrative option for vacation rentals or a personal getaway. Recent updates include two newer HVAC units, luxury vinyl plank flooring in the bedrooms, three hurricane rated exterior doors, new refrigerator and interior paint (2024), durable washer and dryer (2021), full metal roof replacement (2020) along with new deck boards on the third story sundeck, pool resurfaced and new plaster (2022), and new tankless water heater (2023). Enjoy the freedom of no homeowner association (HOA) fees. Located in flood zone X, this property does not require flood insurance. Don't miss the opportunity to experience this exquisite property. Schedule your private viewing today and embrace the luxury of coastal living at 7426 Thomas Drive.
Full Property Details
Full Property Details for 7426 Thomas Dr
General
- Sold For: $945,000
- Taxes: $6,585 (2023)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 759000
- Added to Site: 611 day(s) ago
Interior
- Interior Features: Fireplace, High Ceilings, Kitchen Island, Recessed Lighting, Vaulted Ceiling(s), Loft
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
- Furnished: Yes
- Furnishings: Furnished
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Balcony, Covered, Porch, Terrace
Parking
- Parking Features: Driveway, Gravel
Location
- County: Bay
- Subdivision: Holiday Beach Unit 16
- Driving Directions: From Publix on Thomas Drive, continue south on Thomas Drive for approximately 1.6 miles. Use the right two lanes to turn right and stay on Thomas Dr. Continue approximately 2.2 miles and the destination will be on the right.
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), Electric
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Septic Tank
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Septic Available, Trash Collection, Water Connected
Structural Information
- Property Detached: Yes
- Architectural Style: Coastal
- Construction: HardiPlank Type
- Roof: Metal
- Square Feet: 2,375
- Sq. Ft. Source: Appraiser
- Living Area: 2,375 Sq. Ft.
- Year Built: 2005
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Dimensions: 117 x 25 x 116 x 25
- Zoning: Resid Single Family
- Fencing (Description): Fenced, Privacy
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $6,585
- Tax Year: 2023
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: The Easterly 1/2 of The Southerly 27.0 feet of Lot 2, in Block 17, of Holiday Beach Unit Sixteen, according to the Plat thereof, as recorded in Plat Book 11, at Page 58, of the Public Records of Bay County, Florida
- Property ID: 30808-428-020
Listed by ERA Neubauer Real Estate, Inc
Sold by Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 7426 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7426 Thomas Dr
Date
Details
Price
Change
Source
12/30/2024
Sold
$945,000
-3.47%
MLS
8/10/2024
Price Reduced
$979,000
-11%
MLS
6/21/2024
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7426 Thomas Drive, Panama City Beach, FL 32408 (MLS# 759000) is a Single Family property that was sold at $945,000 on December 30, 2024. Want to learn more about 7426 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.

