Single Family for Sale: 7420 Thomas, Panama City, FL 32408

3 beds
3 full, 1 half baths
2375
$1,000,000
$1,000,000
7420 Thomas, Panama City, FL 32408
3 beds
3 full, 1 half baths
2375
$1,000,000
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Floor Plans
Price:
$1,000,000

Type Single Family
Style Coastal
Beds 3
Bathrooms 4
Square Footage 2,375 sqft
Lot Size 0.07 acres
Year Built 2005

City Panama City
County Bay
Subdivision Holiday Beach Unit 16
INVESTMENT PROPERTY PRICED TO SELL. If you're looking to own and profit on Panama City Beach, this three-story turn-key vacation home has no HOAs and a projected rental income of over $100,000 a year and is priced to sell. You and your up to 16 guests will enjoy Gulf views, a private fenced-in pool, and the convenience of being only steps from the sandy beach. Take in the Gulf views from the 3rd story 25' x 18' Balcony. Located across the street from Rick Seltzer Park, your views will never change. Enter through the front door from the front covered porch to find the open-concept first-story living room, dining, and kitchen with a fireplace, 11' ceilings, crown molding, and tile floors. The kitchen has granite countertops, an island with a breakfast bar, solid wood cabinets, stainless steel appliances, and a large walk in pantry. As you continue walking to the back of the first floor you will find a full sized laundry room, a full bathroom with granite countertops and a shower/tub combo, and a bedroom with a large walk-in closet with private access to the full sized bathroom. A side door at the foot of the stairs leads to your private walkway to the gated, fully fenced private backyard with a pool, excellent for vacationers who love to swim in a pool as well as the Gulf. As you return inside, start up to the 2nd floor, turn to your right, and you will find the master bedroom with two closets, a private balcony with Gulf views, and an ensuite with granite countertops, a soaking/jetted jacuzzi tub, and a walk-in shower with glass doors. An additional bedroom on the second floor has an owner's closet, a full-sized bathroom with granite countertops, and a shower-tub combo. Continue to the 3rd floor to find a second living room with 11' ceilings, tile floors, a wet bar with granite countertops, a half bath with granite countertops, two large sofas (one is a sleeper sofa), and a bunk bed, making this a hub of entertainment for your guest. From this room, you can access the large 25' x 18' deck with beautiful never, changing Gulf views; this deck has a weather-resistant table and chairs for those sunset dining sessions. The exterior is equipt weatherproof decking and Hardie Board siding to keep the exterior maintenance low for years to come. This property is a beautiful unit inside and out, fully furnished and turn-key. The park across the street allows access to the beach and is equipped with restrooms/showers, a lifeguard, and is accessed from the crosswalk a few feet from this beach house, so traffic will stop for you when you are ready to get to the beach and listen to the waves. Enjoy being conveniently located close to many attractions, including many restaurants, amusement parks, shopping, boating, marinas, bike rentals, St. Andrews State Park, and much more. With this reasonably priced three-story beach house investment property, you can have it all in Panama City Beach.

Room Features

Bedroom 12 x 11 First
Bedroom 2 12 x 11 Second
Bonus Room 18 x 17 Third
Kitchen 18 x 12 First
Living Room 25 x 18 First
Primary Bathroom 18 x 13.5 Second
Primary Bedroom 16 x 14 Second

Virtual Tours for 7420 Thomas Panama City, FL

Lot & Building Features

Appliances Bar Fridge, Washer, Warming Drawer, Trash Compactor, Refrigerator, Electric Water Heater, Electric Oven, Electric Cooktop, Dryer, Dishwasher
Style Coastal
Construction Materials Hardiplank Type, Metal Siding
Cooling Central Air
Parking Features Driveway, Gravel
Sewer Septic Tank
Tax Year 2023
Lot Dimensions 116 x 24

Community and Schools

Elementary School Patronis
Junior High School Surfside
Senior High School Arnold

Comparable Properties Sold Near By


Map of 7420 Thomas, Panama City, FL

Location Map Street View
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7420 Thomas (MLS #765183) is a coastal single family home located in Panama City, FL. This single family home is 2,375 sqft and on a lot of 2,962 sqft (or 0.07 acres) with 3 bedrooms, 4 baths and is 19 years old. This property was listed on 11/18/2024 and has been priced for sale at $1,000,000.

Nearby zip codes are 32407. This property neighbors other cities such as Panama City Beach.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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