Short Sale - Water Views
Address
7824 Thomas Drive, Panama City Beach, FL
Price
$ 650,000
Property Attributes
  • MLS#1011397
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • AreaBay County
  • NeighborhoodSILVER SANDS BEACH
  • Zip32408
  • StyleBeach House
  • Year Built2005
  • Taxes$ 5593
  • Price$ 650,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1707
  • Lot Size0.05 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description

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.

Elementary School Middle School High School
Hutchinson Beach Elementary School Surfside Middle School Arnold High School
Price History
9/4/2026 Listed $650,000

General Features

Utilities Electric,Phone,Public Water
Zoning Resid Single Family
Property Subtype Detached Single Family
Community Features Pool
County Bay
Property Type Residential
Subdivision Name SILVER SANDS BEACH
Status Active
Buyer Financing VA
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.
High School Arnold
City Panama City Beach
MLS Area 27 - Bay County
Lot Size Units Acres
Lot Size Square Feet 2178
Elementary School Hutchinson Beach
Middle/Junior High School Surfside
MLS Area Minor 2723 - Beach - South of Grand Lagoon
Standard Status Active
Sewer Public Sewer
View Gulf
Tax Assessed Value 600
Heating Central
Cooling Ceiling Fans,Central Air
Garage Spaces 1
Architectural Style Beach House
Construction Materials Foundation Off Grade,Frame,Stucco
Year Built 2005
Stories Count 2
Tax Year 2025
New Construction false
Total Rooms 5
Carport Y/N false
Property Condition Construction Complete
Association Fee Includes Ground Keeping,Management,Recreational Faclty
HOA true

Interior Features

Total Baths 3
Interior Amenities Breakfast Bar,Ceiling Crwn Molding
Flooring Floor Hardwood,Floor Tile
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Lot Size Area 0.05
Lot Dimensions 23X96
Lot Size Acres 0.05
Road Frontage Type County Road
Exterior Amenities Balcony
Building Area Total 1707
Parking Features See Remarks
Total Parking 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32408

Price
AVG $830K
$650K
Taxes
AVG $6,154
$5,593
Year Built
AVG 2002
2005

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