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$550,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,707 Sq. Ft.
  • Updated 4 days ago
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Just steps from the sugar-white sands of Panama City Beach, this income-producing vacation rental offers the location and amenities guests are looking for in a beach getaway. Currently operating as Palm Breeze Retreat, this 3-bedroom, 2.5-bath property is completely furnished, accommodates up to 10 guests and is located in the Villas of Panama with a community pool and beach access just a short walk away. Inside, you'll find an inviting living area, dining space, and fully equipped kitchen with stainless steel appliances, stone countertops, and ample cabinetry. Sleeping arrangements are ideal for families and groups, while multiple balconies provide additional space to relax and enjoy the coastal air. A converted garage game room adds even more guest appeal with arcade games, air hockey, darts, basketball, and more. Outdoor spaces include balconies, a patio and grill area, plus a second-floor balcony overlooking the community pool. Located near Thomas Drive, St. Andrews State Park, dining, charter fishing, water activities, golf, shopping, and entertainment. Whether you're looking to expand your investment portfolio, own a vacation rental near the Gulf, or enjoy a beach retreat of your own, this property offers an exciting opportunity in Panama City Beach.

Full Property Details for 7824 Thomas Dr

General

  • Sold For: $550,000
  • Taxes: $5,593 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1011397
  • Added to Site: 35 day(s) ago

Rental Information

  • Complex Features: Pool

Interior

  • Number of Rooms: 5
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding
  • Appliances: Dishwasher, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
  • Flooring: Floor Hardwood, Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: See Remarks

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Villas of Panama
  • Driving Directions: Traveling South on Front Beach Rd from Hathaway Bridge, Left on Joan Avenue, Left on Thomas Drive, 7824 Thomas Drive is on the left side of the road.

School Information

  • Elementary School: Hutchinson Beach
  • Middle School: Surfside
  • High School: Arnold

Community

  • Association: Yes
  • Assoc. Fees Include: Ground Keeping, Management, Recreational Faclty

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Ceiling Fans, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Phone, Public Water

Structural Information

  • Architectural Style: Beach House
  • Construction: Foundation Off Grade, Frame, Stucco
  • Exterior Const.: Foundation Off Grade, Frame, Stucco
  • Stories/Levels: 2
  • Square Feet: 1,707
  • Sq. Ft. Source: County PA Records
  • Year Built: 2005

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,178
  • Lot Dimensions: 23 x 96
  • Frontage: County Road
  • Zoning: Resid Single Family

Water Features

  • Water View: Yes

Financial Considerations

  • Assessment Amount: $600
  • Tax Amount: $5,593.39
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Short Sale
  • Legal Description: VILLAS OF PANAMALOT 2 MAP 58AORB 4470 P 1345
  • APN: 30540-005-020
  • Property ID: 30540-005-020

Listed by Salty Marlin Realty

Listing agent

— 7824 Thomas Dr —

  • Salty Marlin Realty

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 7824 Thomas Dr

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.1 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-85.4 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-123.8 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 7824 Thomas Dr

Date
Details
Price
Change
Source
9/25/2026
Sold
$550,000
-12%
MLS
9/14/2026
Price Reduced
$625,000
-3.85%
MLS
9/04/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Salty Marlin Realty

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7824 Thomas Drive, Panama City Beach, FL 32408 (MLS# 1011397) is a Single Family property that was sold at $550,000 on September 25, 2026. Want to learn more about 7824 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.