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Sold for $945,000
  • $945,000

    7426 Thomas Dr, Panama City Beach, FL 32408

    3beds
    2,375sqft
    Single Family Residence
    Built in 2005
    2,613 Square Feet Lot
    $907,500 Zestimate®
    $398/sqft
    $4,201 Estimated rent

    Home value

    $907,500

    $835,000 - $989,000

    $4,201/mo

    Zestimate® history
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    What's special

    Private poolCozy fireplacePrivate balconyMetal roof replacementWasher and dryerNew refrigeratorWet bar
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to 7426 Thomas Drive, a luxurious retreat nestled just steps away from the pristine white sands of Panama City Beach and water's edge. This spectacular, fully furnished beach house offers the ultimate coastal living experience, boasting an inground private pool and almost 2400 sq ft. of living space spread over three bedrooms and three and a half bathrooms. The top loft level is currently utilized as an additional living area and a fourth bedroom, offering versatile space for guests. The spacious living room, featuring a cozy fireplace, seamlessly flows into the chef's kitchen, creating an inviting atmosphere for relaxation and entertainment. A charming entryway cabinet off the secondary entrance on the first floor provides convenient storage for guests' shoes and belongings. There is also a spare bedroom equipped with a queen bed and private ensuite bathroom on the first level. The primary bedroom, located on the second level, includes a private balcony and a lavish ensuite bathroom with granite countertops, a walk-in tiled shower, and a jetted tub. Also on the second floor, an additional bedroom features two double bunk beds and an ensuite bathroom, making it ideal for children and additional guests. The third level contains two double bunk beds and a pull-out couch for added sleeping space, a wet bar with a sink and dishwasher, and a half bath. The top deck offers unobstructed views of the Gulf of Mexico and Rick Selzer Park, where you can enjoy easy access to Panama City Beach. This meticulously maintained beach house comfortably accommodates 15 guests with 10 beds, making it a lucrative option for vacation rentals or a personal getaway. Recent updates include two newer HVAC units, luxury vinyl plank flooring in the bedrooms, three hurricane rated exterior doors, new refrigerator and interior paint (2024), durable washer and dryer (2021), full metal roof replacement (2020) along with new deck boards on the third story sundeck, pool resurfaced and new plaster (2022), and new tankless water heater (2023). Enjoy the freedom of no homeowner association (HOA) fees. Located in flood zone X, this property does not require flood insurance. Don't miss the opportunity to experience this exquisite property. Schedule your private viewing today and embrace the luxury of coastal living at 7426 Thomas Drive.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kaci A Hawes 850-628-4537,

    ERA Neubauer Real Estate, Inc

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 759000MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Loft, Living Room, Primary Bathroom, Primary Bedroom, Other
    Primary bedroom
    • Description: Measurements are not exact; Buyer to verify
    • Level: Second
    • Dimensions: 18.4 x 13.9
    Bedroom
    • Description: Meaurements are not exact; Buyer to verify
    • Level: First
    • Dimensions: 12.6 x 10.11
    Bedroom
    • Description: Measurements are not exact; Buyer to verify
    • Level: Second
    • Dimensions: 12.5 x 17
    Primary bathroom
    • Description: Measurements are not exact; Buyer to verify
    • Level: Second
    • Dimensions: 14.4 x 9.3
    Other
    • Description: Measurements are not exact; Buyer to verify
    • Level: Third
    • Dimensions: 18.7 x 22.11
    Other
    • Description: Measurements are not exact; Buyer to verify
    • Level: Second
    • Dimensions: 18.7 x 5.2
    Dining room
    • Description: Measurements are not exact; Buyer to verify
    • Level: First
    • Dimensions: 8 x 13.6
    Other
    • Description: Measurements are not exact; Buyer to verify
    • Level: First
    • Dimensions: 9.4 x 5.6
    Other
    • Description: Measurements are not exact; Buyer to verify
    • Level: Second
    • Dimensions: 8 x 5.7
    Half bath
    • Description: Measurements are not exact; Buyer to verify
    • Level: Third
    • Dimensions: 7.1 x 3.2
    Kitchen
    • Description: Measurements are not exact; Buyer to verify
    • Level: First
    • Dimensions: 10.4 x 13.2
    Living room
    • Description: Measurements are not exact; Buyer to verify
    • Level: First
    • Dimensions: 18.4 x 14.4
    Loft
    • Description: Measurements are not exact; Buyer to verify
    • Level: Third
    • Dimensions: 18.4 x 25.7
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater
    Features
    • Loft
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 2,375
    • Total interior livable area: 2,375 sqft

    Property

    Parking
    • Parking features: Gravel
    Features
    • Patio & porch: Balcony, Covered, Porch, Terrace
    • Has private pool: Yes
    • Pool features: Private
    • Fencing: Fenced,Privacy
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Lot
    • Size: 2,613 Square Feet
    • Dimensions: 117 x 25 x 116 x 25
    • Features: Paved
    Details
    • Parcel number: 30808428020
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Utilities for property: Electricity Available, Water Connected

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Holiday Beach Unit 16
    HOA
    • Has HOA: No
    • Amenities included: Other, See Remarks
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $398/sqft
    • Tax assessed value: $524,546
    • Annual tax amount: $6,585
    • Date on market: 6/22/2024
    • Cumulative days on market: 161 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/30/2024Sold$945,000-3.5%$398/sqft
    Source: CPAR #759000 Report a problem
    11/30/2024Pending sale$979,000$412/sqft
    Source: ECAOR #953058 Report a problem
    11/30/2024Contingent$979,000$412/sqft
    Source: CPAR #759000 Report a problem
    8/10/2024Price change$979,000-11%$412/sqft
    Source: CPAR #759000 Report a problem
    6/22/2024Listed for sale$1,100,000+121.3%$463/sqft
    Source: CPAR #759000 Report a problem
    4/9/2007Sold$497,000$209/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,486 -1.5%$524,546 +0.2%
    2023$6,585 +18.4%$523,458 +9.7%
    2022$5,561 $477,301
    2021-- --
    2020$2,683 +1.5%$255,006 +2.3%
    2019$2,644 $249,273 +1.9%
    2018$2,644 +0.6%$244,625 -0.3%
    2017$2,629 -1.2%$245,379 -2.6%
    2016$2,661 $252,037
    Find assessor info on the county website

    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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    $907,500
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    $925,650