$985,000

7428 Thomas Drive, Panama City, FL 32408

  • 3 beds |
  • 4 baths |
  • 2,375 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2005
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $415/sqft
  • Property List Date Icon 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Patronis Elementary School

7400 Patronis Dr, Panama City, FL, 32408

Grades KG-5

1.06 miles away

S

Surfside Middle School

300 Nautilus St, Panama City Beach, FL, 32413

Grades 6-8

5.56 miles away

J

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

3.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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