7428 Thomas Drive, Panama City, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.



7428 Thomas Drive,Panama City, FL 32408
$975,000
- 3 Beds
- 4 Baths
- 2,375 sq. ft.
- Single family
- Active
Listed by:dennis m dunnigan
Office:coastal choice realty llc.
MLS#:773451
Source:FL_BCMLS
Price summary
- Price:$975,000
- Price per sq. ft.:$410.53
About this home
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.
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Home facts
- Year built:2005
- Listing Id #:773451
- Added:422 day(s) ago
- Updated:August 11, 2025 at 01:37 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Living area:2,375 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Metal
- Year built:2005
- Building area:2,375 sq. ft.
- Lot area:0.07 Acres
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Finances and disclosures
- Price:$975,000
- Price per sq. ft.:$410.53
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