7420 Thomas DR new Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32408
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,375 sqft
Price per Sqft $421
Subdivision Holiday Beach Unit 16
MLS Listing ID 765183
Style Coastal
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 2005
Annual Tax Amount $6,160
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Property Description
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.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Wet Bar,Breakfast Bar,Cathedral Ceiling(s),Fireplace,High Ceilings,Kitchen Island,Pantry,Recessed Lighting,Vaulted Ceiling(s)
Cooling Central Air
Furnishings Partially
Fireplace Yes
Appliance Bar Fridge,Dryer,Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Refrigerator,Trash Compactor,Warming Drawer,Washer
Exterior
Garage Driveway,Gravel
Fence Fenced
Pool Fenced,In Ground,Salt Water
Community Features Short Term Rental Allowed
Utilities Available Septic Available
Waterfront No
View Y/N Yes
View Gulf
Porch Balcony
Building
Lot Description Landscaped
Story 3
Sewer Septic Tank
Architectural Style Coastal
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 30808-431-010
Special Listing Condition Listed As-Is