About This Home

This 4-bedroom, 4-bathroom single family at 7428 Thomas Drive in Panama City Beach, FL is listed for $929,500 ($391 per sqft). Built in 2005, the home offers 2,375 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 2005
  • 0.07 acre lot
  • 3 stories
  • Private pool
  • Fireplace

Property Details

3 stories
3 full, 1 half
2005

Amenities

PoolFireplaceA/C
Listing Description

Located directly across Thomas Drive from Rick Seltzer Park, this fully furnished three-story beach home offers exceptional short-term rental appeal in one of the most desirable areas of Panama City Beach. Positioned just steps from dedicated public beach frontage with lifeguards, showers, parking, and convenient Gulf access, the property is ideall

y suited for vacationers seeking walkability, beach convenience, and accommodations for large groups. Gulf views are protected by the park frontage, enhancing long-term value and guest appeal. Designed with income-producing potential in mind, this 4-bedroom, 3.5-bath property features a flexible multi-level layout capable of accommodating up to 16 guests comfortably.

Popular rental features include multiple custom-built bunk areas, spacious entertainment zone, private outdoor spaces, and a heated saltwater pool, amenities consistently sought after by vacation renters in the Panama City Beach market. The first floor includes custom-built queen-over-queen bunk beds with integrated lighting and USB charging stations adjacent to a full bath.

The second-floor primary suite features a king bed, private balcony with Gulf views, jacuzzi tub, walk-in closet, and ensuite bath. An additional second-floor suite includes more custom queen-over-queen bunks with its own full bath. The third-floor entertainment level offers vaulted ceilings, wet bar with sink and mini fridge, sleeper sofa, half ba

th, custom full-size bunk beds, and direct access to a large rooftop-style deck with Gulf views and abundant lounge space. The main living area offers 10-foot ceilings, crown molding, tile flooring, fireplace, abundant natural light, and an open-concept design ideal for gathering large groups.

The kitchen features granite countertops, stainless steel appliances, wood cabinetry, breakfast bar seating, and a walk-in pantry. Outdoor amenities continue to enhance the property's rental desirability with a private fenced backyard, heated saltwater pool, multiple balconies, and a 25-foot rooftop observation deck overlooking the Gulf.

Pool equipment includes a Wi-Fi-controlled Circupool salt generator, Hayward 2500 heater, and sand filter system. Additional upgrades and features include over $50,000 in recent improvements, brand-new composite decking, new roof section beneath the decking, Navien gas tankless water heater, aluminum hurricane shutters, laundry room with washer and dryer, and parking for 4 vehicles.

Previously operated as a short-term vacation rental with strong historical income potential, this turnkey property offers an excellent opportunity for investors seeking a high-capacity beach rental in a prime location near Panama City Beach attractions, dining, shopping, and entertainment.

Monthly Cost Estimate

$4,971/mo

20% down · 6.5% · 30 years

Principal$672
Interest$4,028
Insurance$271

Estimates only. Actual payments may vary.

Location

7428 Thomas Drive

Panama City Beach, FL 32408

Holiday Beach Unit 16

Features & Amenities

Interior Features

BalconyJettedTubSeparateShowerSmartThermostatUpperLevelPrimary

Exterior Features

CoveredPatioDeckPatio

Property Details

Construction

HardiplankType

Pool Features

Pool

Outdoor Features

PorchDeckPatio

Heating

CentralElectric (Heating)Fireplace(s)

Cooling

Ceiling Fan(s)Central Air

Appliances

ElectricOvenElectricRangeTanklessWaterHeater

Questions & Answers

This 4-bedroom, 4-bathroom single family at 7428 Thomas Drive is listed at $929,500 ($391/sqft). The estimated monthly payment is $4,971 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2005, 0.07 acre lot, 3 stories, Private pool, Fireplace. Interior Features: Balcony, JettedTub, SeparateShower. Exterior Features: CoveredPatio, Deck, Patio.

This property is listed by Dennis M Dunnigan.

DD

Dennis M Dunnigan

License 3316049

Agent at Coastal Choice Realty, LLC

Listed by Coastal Choice Realty, LLC · Broker phone: (850) 215-4160 · View on Broker Site · Broker website

MLS# 784109· Source: Central Panhandle Association of REALTORS· 280 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7428 Thomas Drive, Panama City Beach, FL 32408

Open this listing in: