7428 Thomas Drive, Panama City, FL 32408
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Priced at Only: $995,000
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Address: 7428 Thomas Drive, Panama City, FL 32408
Property Location and Similar Properties
- MLS#: 773451 ( Residential )
- Street Address: 7428 Thomas Drive
- Viewed: 1
- Price: $995,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2005
- Bldg sqft: 0
- Bedrooms: 3
- Total Baths: 4
- Full Baths: 3
- 1/2 Baths: 1
- Days On Market: 22
- Additional Information
- Geolocation: 30.1606 / -85.7778
- County: BAY
- City: Panama City
- Zipcode: 32408
- Subdivision: Holiday Beach Unit 16
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
- Provided by: Coastal Choice Realty LLC
- DMCA Notice
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DescriptionOver $50,000 in Recent Upgrades Just Steps from the Beach!Turnkey Investment Opportunity or Dream Beach Getaway Fully Furnished with Breathtaking Gulf Views!Welcome to your slice of paradise! Located directly across the street from the sugar white sands of the Gulf and Rick Seltzer Park, this magnificent 3 bedroom, 3.5 bath, 2,375 sq ft coastal retreat is the ultimate blend of style, comfort, and income potential.With over $50,000 in upgrades completed in the past year, including brand new composite decking and a new roof section beneath it, this home is 100% move in ready. Whether you're looking for a personal vacation oasis, full time beachside living, or a high performing Airbnb investment, this property checks every box.Rental Income Potential:This home generated over $100,000 in rental income in 2021 and 2022 under the previous owner. The current owners use it primarily for personal use, but the earning potential remains strong in this prime location.Highlights You'll Love:Sold fully furnished ready to rent or enjoy immediatelyDirect Gulf views from multiple levels and a massive 25' x 18' rooftop observation deckHeated saltwater pool in a private fenced backyard perfect for entertaining year roundSpacious living room with 10' ceilings, tile floors, crown molding, fireplace, and abundant natural lightGourmet kitchen with stainless steel appliances, granite countertops, wood cabinetry, breakfast bar, and walk in pantrySecond floor loft with built ins, additional suite, and large bedroom with luxury en suite (jetted tub, walk in shower, dual sinks)Third floor entertainment suite with vaulted ceilings, wet bar, sleeper sofa, and custom built Queen bunkbeds (USB ports & marine lighting)Additional Features:Sleeps 18 20 guests comfortablyParking for at least 4 vehiclesLaundry room with washer and dryerNavien gas tankless water heaterWi Fi controlled Circupool salt generatorHayward 2500 pool heater and sand filterAluminum hurricane shutters for added peace of mindDon't miss this rare opportunity to own a fully upgraded beach home in one of the most desirable locations on the Gulf Coast. Schedule your private showing today and experience the ultimate in coastal living and investment potential.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony, Patio, StormSecurityShutters
- Fencing: Fenced, Privacy
- Living Area: 2375.00
- Roof: Metal
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Patronis
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Driveway, Gravel
Eco-Communities
- Pool Features: Fenced, Gunite, GasHeat, InGround, Pool, Private, SaltWater
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans, Electric
- Heating: Central, Electric, Fireplaces
- Road Frontage Type: CountyRoad
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Appliances: Dryer, Dishwasher, ElectricOven, ElectricRange, Disposal, Microwave, Refrigerator, TanklessWaterHeater, Washer
- Furnished: Furnished
- Interior Features: WetBar, BreakfastBar, CathedralCeilings, Fireplace, KitchenIsland, Pantry, RecessedLighting, SmartThermostat
- Legal Description: HOLIDAY BEACH UNIT #16 WLY 1/2 OF LOT 2 BLK 17 ORB 4706 P 443
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 30808-428-010
- Style: Contemporary
- The Range: 0.00
- View: Gulf
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