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Sold for $1,320,000
  • $1,320,000

    7026 Thomas Dr #A & B, Panama City, FL 32408

    8beds
    3,840sqft
    Duplex, Multi Family
    Built in 2024
    -- sqft lot
    $1,311,100 Zestimate®
    $344/sqft
    $1,292 Estimated rent

    Home value

    $1,311,100

    $1.18M - $1.46M

    $1,292/mo

    Zestimate® history
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    $1,292/mo

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    Rent Zestimate®

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    $8,523/mo

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    $8,523/mo

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    What's special

    Outdoor showersSmart home technologyUnder-stairwell storage
    Turn-Key Duplex in the Heart of Panama City Beach - A Rental Powerhouse Opportunity! Discover the perfect blend of luxury, location, and high-income potential with this stunning new-construction duplex in Panama City Beach. Just steps from the world-famous sugar-white sands and emerald waters, this property is designed to excel in PCB's thriving short-term rental market. This prime location is a magnet for year-round visitors. The vibrant Thomas Drive, moments from your doorstep, offers endless dining, shopping, and entertainment options—all complemented by the relaxing aroma of the ocean breeze. With nearby attractions like St. Andrews State Park, Pier Park, and family favorites such as Shipwreck Island Waterpark, guests of all ages will find something to love. Dining hotspots like Captain Anderson's, Schooners, and The Grand Marlin are sure to please foodies and families alike. For adventure seekers, the property is conveniently located near golf cart rental companies, pontoon boat rentals, jetski operators, and deep-sea fishing charters offering unforgettable experiences on the Gulf. Each side of the duplex has been thoughtfully designed to provide guests with the ultimate experience. With four bedrooms and four full bathrooms on each side, the property can accommodate up to 14 guests per unit, for a total of 28 guests. Both units come fully furnished and feature modern finishes, including LVP flooring, tiled showers, and 9-foot ceilings. The primary-level kitchens are complemented by a fun upstairs game room and entertainment space with a wet bar. Ground-floor laundry rooms and secondary laundry hookups on the second floor offer added convenience, while smart home technology ensures ease of remote management. Every room is equipped with a flatscreen TV, and outdoor showers and under-stairwell storage provide thoughtful touches for beachgoers. The home also includes both a covered rear patio and a covered upper balcony, complete with ceiling fans, comfortable outdoor seating, and dining tables, offering the perfect spaces to relax or gather for meals in the coastal breeze. The exterior is equally impressive, with privacy fencing and enough space to add a pool on each side, making it even more appealing to guests. A bonus rear gravel parking area and ample front parking add to its convenience. There's also room for a housekeeping station, making turnovers simple and efficient. Best of all, this turn-key property has no HOA fees and is just a three-minute walk to the beach, giving guests seamless access to everything PCB has to offer. Its thoughtful design, proximity to top attractions, and high-end amenities position this duplex as a top-performing rental property in Florida's booming coastal market. Don't miss out on this rare opportunity to own a truly exceptional investment property. Schedule your showing today and start capitalizing on PCB's unparalleled rental potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    Bridgett L Hall - Cotton 850-381-7443,

    A List Beach Realty LLC,

    Non Member,

    NON-MEMBER OFFICE

    Bought with:

    Joseph Rohne

    EXP Realty LLC

    Source: CPAR,MLS#: 765786MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Rooms
    • Room types: Bedroom, Full Bath, Kitchen, Living Room
    Bedroom
    • Level: Second
    • Dimensions: 1 x 1
    Bedroom
    • Level: First
    • Dimensions: 1 x 1
    Bedroom
    • Level: First
    • Dimensions: 1 x 1
    Bedroom
    • Level: First
    • Dimensions: 1 x 1
    Bedroom
    • Level: First
    • Dimensions: 1 x 1
    Bedroom
    • Level: Second
    • Dimensions: 1 x 1
    Bedroom
    • Level: Second
    • Dimensions: 1 x 1
    Bedroom
    • Level: Second
    • Dimensions: 1 x 1
    Other
    • Dimensions: 1 x 1
    Other
    • Dimensions: 1 x 1
    Other
    • Dimensions: 1 x 1
    Other
    • Dimensions: 1 x 1
    Other
    • Dimensions: 1 x 1
    Other
    • Dimensions: 1 x 1
    Other
    • Dimensions: 1 x 1
    Other
    • Dimensions: 1 x 1
    Kitchen
    • Level: First
    • Dimensions: 1 x 1
    Kitchen
    • Level: First
    • Dimensions: 1 x 1
    Living room
    • Level: First
    • Dimensions: 1 x 1
    Living room
    • Level: Second
    • Dimensions: 1 x 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
    Features
    • Smart Thermostat
    Interior area
    • Total structure area: 3,840
    • Total interior livable area: 3,840 sqft

    Property

    Parking
    • Parking features: Additional Parking, Paved, Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Deck
    • Exterior features: Barbecue, Covered Patio
    • Fencing: Fenced,Privacy
    Lot
    • Size: 6,000 Square Feet
    • Dimensions: 50 x 120
    • Features: Paved
    Details
    • Parcel number: 30803020000
    • Zoning description: Commercial, Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • HardiPlank Type, Wood Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer, Sewer Tap Paid
    • Utilities for property: Cable Connected, Natural Gas Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Barbecue, Short Term Rental Allowed
    • Security: Security System, Smoke Detector(s)
    • Subdivision: Holiday Beach Unit 12
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $344/sqft
    • Annual tax amount: $1,857
    • Date on market: 12/4/2024
    • Cumulative days on market: 201 days

    Price history

    DateEventPrice
    7/22/2025Sold$1,320,000-5.7%$344/sqft
    Source: CPAR #765786 Report a problem
    7/2/2025Contingent$1,400,000$365/sqft
    Source: CPAR #765786 Report a problem
    4/26/2025Price change$1,400,000-1.8%$365/sqft
    Source: CPAR #765786 Report a problem
    3/15/2025Price change$1,425,000-1.7%$371/sqft
    Source: CPAR #765786 Report a problem
    2/8/2025Price change$1,450,000-1.7%$378/sqft
    Source: CPAR #765786 Report a problem
    1/9/2025Price change$1,475,000-1.7%$384/sqft
    Source: CPAR #765786 Report a problem
    12/4/2024Listed for sale$1,500,000$391/sqft
    Source: CPAR #765786 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,311,100
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    With Zillow Showcase(estimated)
    $1,337,322