7420 Thomas Drive Panama City, FL 32408
Listing Courtesy of: CENTRAL PANHANDLE / Century 21 Ryan Realty / Melany Hathcock

  7420 Thomas Drive Panama City, FL 32408

Active (3 Days)
$1,000,000
3
BED
4
BATH
2,375
SQFT

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.

MLS #:
765183
Taxes
$6,160(2023)
Lot Size
2,962 SQFT
Type
Single-Family Home
Year Built
2005
Style
Coastal
Views
Gulf
County
Bay County
Community
Holiday Beach Unit 16

Listed By

Melany Hathcock, Century 21 Ryan Realty
Source
CENTRAL PANHANDLE
Last checked Nov 21 2024 at 1:29 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
  • Half Bathroom: 1
Interior Features
  • Washer
  • Warming Drawer
  • Trash Compactor
  • Refrigerator
  • Electric Water Heater
  • Electric Oven
  • Electric Cooktop
  • Dryer
  • Dishwasher
  • Bar Fridge
  • Wet Bar
  • Vaulted Ceiling(s)
  • Recessed Lighting
  • Pantry
  • Kitchen Island
  • High Ceilings
  • Fireplace
  • Cathedral Ceiling(s)
  • Breakfast Bar
Subdivision
  • Holiday Beach Unit 16
Lot Information
  • Landscaped
Heating and Cooling
  • Central Air
Pool Information
  • Salt Water
  • Fenced
  • In Ground
Utility Information
  • Utilities: Septic Available
  • Sewer: Septic Tank
School Information
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
Parking
  • Gravel
  • Driveway
Living Area
  • 2,375 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Ryan Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/21/24 05:29