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For sale
  • Price cut: $30K (8/6)
    $895,000

    8319 Thomas Dr, Panama City Beach, FL 32408

    3beds
    2,244sqft
    : 
    $5,690/mo
    Get pre-qualified
    Duplex, Single Family Residence
    Built in 2007
    3,000 Square Feet Lot
    $847,300 Zestimate®
    $399/sqft
    $-- HOA

    What's special

    Heated poolThree large bedroomsTwo built-in bunk areasGranite countertopsPrime beachside assetJetted master tubHigh-end stainless appliances
    NO HOA! FINANCIAL POWERHOUSE! HEATED POOL! This prime beachside asset commands an Estimated Annual Gross Rental Revenue between $85,000 - $90,000. Designed for compounding returns, this revenue is projected to increase year-over-year. By capturing highly valuable repeat guests, you will maximize occupancy rates and secure a rapidly increasing ROI from day one. Full historical data (coming soon) and future projections are available upon request. This highly-rated VRBO property is in the top 10% of guest reviews for the area, with 139 reviews in total. LUXURY COASTAL LIVING MEETS A LEGACY OF MEMORIES. This isn't just a beach house; it is a ''Love-Held'' sanctuary where generations have gathered to discover the very best of Northwest Florida. From the quiet shores of Cape San Blas to the historic charm of Pensacola, this home has served as the ultimate home base for family reunions and life-changing adventures. The current owners' children are reluctant to let it go--and for good reason. It has been a magical learning environment where the kids grew up alongside the Gulf, learning the pride of homeownership and the joy of coastal stewardship. While the family is ready to move on to their next chapter, they leave behind a home filled with soul and a foundation built for a lifetime of new traditions. PRISTINE BEACHSIDE ELEGANCE JUST STEPS FROM THE SHORE. Located on the coveted beach side of Thomas Drive--just three lots off the emerald waters--this 2,934 (total sq. ft.) Tuscan-inspired residence offers breathtaking Gulf views from the third level. The interior is a masterclass in luxury, featuring 10-foot ceilings on the first floor, granite countertops, and high-end stainless appliances. Designed to sleep 10, the layout includes three large bedrooms plus two built-in bunk areas, ensuring plenty of space for everyone to spread out. With four covered balconies, two electric fireplaces for ambience/light only, a jetted master tub, every detail has been curated for comfort and sophisticated beach living. YOUR PRIVATE OUTDOOR OASIS WITH UNMATCHED UTILITY. Step outside into your own private retreat featuring a gunite pool, recently upgraded with a new pump and filter (2022). This ''Twin Home'' attached single unit offers a rare advantage: a solid concrete divider wall that ensures absolute privacy and zero sound transfer between sides. Unlike most beach properties, parking is never an issue here. The expansive driveway accommodates up to 8 vehicles (4 side, 4 front), providing ample space to park your RV or boat right on the property--a true rarity so close to the Gulf. A TURN-KEY, COMPLETELY FURNISHED INVESTMENT. Whether you are seeking a premier primary residence or a high-performing vacation asset, this property is being sold fully furnished and ready to deliver from day one. The home features a brand-new downstairs water heater (2024), and a newer upstairs HVAC. Perfectly positioned in the quieter area of Panama City Beach, you are just a short drive from the world-class dining and shopping of 30A, Destin, Mexico Beach and Port St. Joe, while remaining tucked away in a peaceful, highly flexible coastal pocket.
    99 days
    |
    449
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    44
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    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle S Kemp 850-896-2487,

    CENTURY 21 Ryan Realty Inc

    Source: CPAR,MLS#: 789978MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Dining Room, Kitchen, Living Room
      Dining room
      • Description: Ground Floor Entry into Dining Area
      • Level: First
      • Dimensions: 13 x 14
      Kitchen
      • Description: Ground Floor Kitchen
      • Level: First
      • Dimensions: 10 x 10
      Living room
      • Description: Ground Floor Living Room
      • Level: First
      • Dimensions: 20 x 14
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Balcony, Double Vanity, Jetted Tub, Separate Shower
      • Windows: Double Pane Windows
      Interior area
      • Total structure area: 2,244
      • Total interior livable area: 2,244 sqft

      Property

      Parking
      • Parking features: Additional Parking, RV Access/Parking
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Balcony, Covered, Patio
      • Exterior features: Patio, Outdoor Shower
      • Has private pool: Yes
      • Pool features: Fenced, Gunite, Electric Heat, In Ground, Other, See Remarks, Private
      • Has spa: Yes
      • Fencing: Fenced
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Lot
      • Size: 3,000 Square Feet
      • Dimensions: 25 x 120
      Details
      • Parcel number: 30365010000
      • Zoning description: Commercial, Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Security: Other, See Remarks
      • Subdivision: Bel Air
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $399/sqft
      • Tax assessed value: $555,976
      • Annual tax amount: $5,605
      • Date on market: 5/16/2026
      • Cumulative days on market: 100 days
      • Electric utility on property: Yes

        Estimated market value

        $847,300

        $805,000 - $890,000

        $3,840/mo

        Price history

        DateEventPrice
        8/6/2026Price change$895,000-3.2%$399/sqft
        Source: CPAR #789978 Report a problem
        5/16/2026Listed for sale$925,000-7.5%$412/sqft
        Source: CPAR #789978 Report a problem
        1/31/2022Listing removed--
        Source: CPAR #714704 Report a problem
        9/27/2021Listed for sale$999,999+178.6%$446/sqft
        Source: CPAR #714704 Report a problem
        1/5/2011Sold$359,000$160/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,368 +1.9%$340,397 +10%
        2023$5,266 +59.9%$309,452 +10%
        2022$3,294 $281,320
        2021-- --
        2020$3,380 0%$274,566 +1.3%
        2019$3,381 $271,156 +0%
        2018$3,381 -1.5%$271,055 -0.7%
        2017$3,433 -1.4%$273,048 -1.1%
        2016$3,481 -6.5%$276,143 -1%
        2015$3,723 $279,039 -1.6%
        2014$3,723 $283,506 -1.1%
        2013-- $286,602 -0.3%
        2012-- $287,558 -1.3%
        2011-- $291,272
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        49 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Breakfast Point
        • Middle: Breakfast Point
        • 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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