7428 Thomas Drive, Panama City, FL 32408
- 3 beds |
- 4 baths |
- 2,375 sqft
Single-Family Home
Built in 2005
3,049sqft lot
—— car garage
$415/sqft
Listed 2 months ago
Property Description
High-Yield Investment Opportunity - Proven $100K+ Annual Income Potential | Fully Furnished | Prime Gulf LocationInvestor-ready and income-producing! This fully furnished 3BR/3.5BA, 2,375 sq ft property offers a rare opportunity to acquire a high-performing vacation rental with a proven track record of generating $100,000+ annually in gross rental income (2021 & 2022). Located directly across from the Gulf of Mexico and Rick Seltzer Park, this turnkey property is positioned for strong future returns.Key Investment Highlights:Over $50,000 in recent capital improvements (2024), including:oNew composite deckingoNew roof under upper deckoUpgraded pool systemsPrime location: Steps from beach access and a popular public parkSleeps 18-20 guests - perfect for large group bookingsLow maintenance landscaping and exteriorPrivate heated saltwater pool - year-round rental appealParking for 4+ vehicles - a major advantage in beach communitiesInterior Features:Coastal-modern furnishings included in sale10' and 11' ceilings, crown molding, abundant natural lightGourmet kitchen with stainless-steel appliances and granite countertopsMultiple living areas and a third-floor loft with built-in bunkbeds, wet bar, and access to a 25' x 18' Gulf-view rooftop deckSystems & Amenities:Navien gas tankless water heaterWi-Fi-enabled Circupool salt generatorHayward 2500 pool heater and sand filterAluminum hurricane shuttersLaundry room with full-size washer/dryerStrong Short-Term Rental AppealThis property's layout, location, and amenities are optimized for the vacation rental market. With large group capacity, year-round pool use, and direct Gulf views, it's primed for immediate income generation.Use it personally and rent selectively, or operate as a full-time short-term rental. Either way, you'll be investing in one of the Gulf Coast's most lucrative markets.
- Listing Status:
- Active
- Date Added:
- May 13, 2025 at 05:00AM
- Listing Office:
- Coastal Choice Realty LLC : (850) 215-4160
- MLS ID:
- 773451
- General: Wet BarBreakfast BarCathedral Ceiling(s)FireplaceKitchen IslandPantryRecessed LightingSmart Thermostat
- Appliances: DryerDishwasherElectric OvenElectric RangeDisposalMicrowaveRefrigeratorTankless Water HeaterWasher
- A/C: Central AirCeiling Fan(s)Electric
- Heating: CentralElectricFireplace(s)
- Fireplace: GasFireplace
This listing courtesy of Coastal Choice Realty LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Patronis Elementary School
7400 Patronis Dr, Panama City, FL, 32408
Grades KG-5
1.06 miles away
Surfside Middle School
300 Nautilus St, Panama City Beach, FL, 32413
Grades 6-8
5.56 miles away
J.R. Arnold High School
550 N Alf Coleman Rd, Panama City Beach, FL, 32407
Grades 9-12
3.70 miles away