$539,000
Panama City Beach, FL 32408
MLS# 792101
2 beds | 3 baths | 1548 sqft
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Property Description
Fully Remodeled Turnkey Vacation Rental | Exceptional Investment Opportunity | Gulf Views | Proven Income Producer. Welcome to this beautifully renovated, turnkey short-term rental located in the highly sought-after Sago Park Townhomes on Thomas Drive, one of Panama City Beach's top-performing vacation rental destinations. With neighboring townhomes consistently generating over $65,000 in annual rental income, this meticulously updated property is perfectly positioned to continue delivering outstanding returns for its next owner. No expense has been spared in transforming this home into a premium vacation rental. The property underwent a comprehensive renovation, taken down to the wall studs and completely rebuilt with quality craftsmanship and modern coastal finishes throughout. Virtually everything was replaced, including: • Luxury Vinyl Plank (LVP) flooring throughout • Custom cabinetry in the kitchen and bathrooms • Elegant quartz countertops • New plumbing and lighting fixtures • Complete bathroom renovations with custom tile work • New LG kitchen appliances • Stylish, high-quality furnishings throughout The current owner has continued investing in the property to ensure it remains in top condition, including: • New HVAC evaporator coil (September 2025) • New upstairs mini-split system (August 2025) a $9,000 upgrade, professionally relocated from the front porch to the side of the home for improved aesthetics and functionality • Updated upstairs lighting • New bathroom lighting, fixtures, and cabinet hardware • New ceiling fan in the primary suite • Expanded driveway with approximately $5,000 in improvements • Hard-wired smoke detector system, fully compliant and ready for continued short-term rental operation. As a desirable end-unit townhome, this residence offers added privacy, extra natural light, and even a glimpse of the Gulf. Located just one block from dedicated beach access, you'll enjoy the perfect combination of peaceful surroundings and unbeatable convenience. The thoughtfully designed floor plan features the main living area upstairs, where soaring ceilings and abundant natural light create an inviting space for entertaining. Guests will appreciate the convenient upstairs half bath, while downstairs you'll find two spacious primary suites, each with beautifully renovated private bathrooms featuring custom tile, modern cabinetry, updated fixtures, and designer finishes. The laundry area, complete with washer and dryer, is conveniently located on the lower level. Step outside the rear door of the second primary suite and you'll find the community pool just steps away, making this an ideal retreat for owners and vacation guests alike. Whether you're searching for a high-performing investment property, a second home, or the perfect beach getaway, this exceptional Sago Park townhome offers proven rental income, premium renovations, Gulf views, and an unbeatable Thomas Drive location just moments from the sugar-white sands of Panama City Beach. This is the turnkey investment opportunity you've been waiting for!
Details
Maps
Contract Info
List Price/SqFt: 348.19
Status: Active
List Date: 2026-07-02
List Price: $539,000
Current Price: $539,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: West on Thomas Dr. On Right just before Outlaw BBQ
Area: 03 - Bay County - Beach
Street #: 6724
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Sago Park Townhomes
Parcel ID: 30691-101-000
Legal Description: SAGO PARK TOWNHOMES LOT 1 ORB 4743 P 1490
General Property Info
Acreage: 0.04
Design: Contemporary
Lot Size (SqFt): 1960
Apx SqFt(Htd/Cooled): 1548
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
Lot Dimensions: 20.0 ft x 100.0 ft
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Attached Single Unit
Bedrooms: 2
Full Baths: 2
Total Baths: 3
Year Built: 2005
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 600
HOA Frequency: Quarterly
HOA Annual Amount: 2400
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: Fully Remodeled Turnkey Vacation Rental | Exceptional Investment Opportunity | Gulf Views | Proven Income Producer. Welcome to this beautifully renovated, turnkey short-term rental located in the highly sought-after Sago Park Townhomes on Thomas Drive, one of Panama City Beach's top-performing vacation rental destinations. With neighboring townhomes consistently generating over $65,000 in annual rental income, this meticulously updated property is perfectly positioned to continue delivering outstanding returns for its next owner. No expense has been spared in transforming this home into a premium vacation rental. The property underwent a comprehensive renovation, taken down to the wall studs and completely rebuilt with quality craftsmanship and modern coastal finishes throughout. Virtually everything was replaced, including: • Luxury Vinyl Plank (LVP) flooring throughout • Custom cabinetry in the kitchen and bathrooms • Elegant quartz countertops • New plumbing and lighting fixtures • Complete bathroom renovations with custom tile work • New LG kitchen appliances • Stylish, high-quality furnishings throughout The current owner has continued investing in the property to ensure it remains in top condition, including: • New HVAC evaporator coil (September 2025) • New upstairs mini-split system (August 2025) a $9,000 upgrade, professionally relocated from the front porch to the side of the home for improved aesthetics and functionality • Updated upstairs lighting • New bathroom lighting, fixtures, and cabinet hardware • New ceiling fan in the primary suite • Expanded driveway with approximately $5,000 in improvements • Hard-wired smoke detector system, fully compliant and ready for continued short-term rental operation. As a desirable end-unit townhome, this residence offers added privacy, extra natural light, and even a glimpse of the Gulf. Located just one block from dedicated beach access, you'll enjoy the perfect combination of peaceful surroundings and unbeatable convenience. The thoughtfully designed floor plan features the main living area upstairs, where soaring ceilings and abundant natural light create an inviting space for entertaining. Guests will appreciate the convenient upstairs half bath, while downstairs you'll find two spacious primary suites, each with beautifully renovated private bathrooms featuring custom tile, modern cabinetry, updated fixtures, and designer finishes. The laundry area, complete with washer and dryer, is conveniently located on the lower level. Step outside the rear door of the second primary suite and you'll find the community pool just steps away, making this an ideal retreat for owners and vacation guests alike. Whether you're searching for a high-performing investment property, a second home, or the perfect beach getaway, this exceptional Sago Park townhome offers proven rental income, premium renovations, Gulf views, and an unbeatable Thomas Drive location just moments from the sugar-white sands of Panama City Beach. This is the turnkey investment opportunity you've been waiting for!
Balcony
Second: 1
Dining Room
Second: 1
Great Room
Second: 1
Laundry
First: 1
Pool Features
Fenced: 1
Inground: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven - Convection: 1
Range - Electric: 1
Refrigerator: 1
Water Heater - Electric: 1
Interior Features
Breakfast Bar: 1
Ceiling - Raised: 1
Floor - Vinyl: 1
Lighting - Recessed: 1
Pantry: 1
Construction/Siding
Roof - Metal: 1
Siding - Hardie Board: 1
Association Fees Include
Accounting: 1
Management: 1
Pool: 1
Furnished
Negotiable: 1
Kitchen
Second: 1
Parking Features
Driveway: 1
Present Zoning
Resid Multi-Family: 1
Association Amenities
Pool: 1
Rooms
Balcony: 1
Dining Room: 1
Full Bathroom: 1
Great Room: 1
Half Bathroom: 1
Kitchen: 1
Laundry: 1
Primary Bedroom: 1
Showing
ShowingTime: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Full Bathroom
First: 1
Half Bathroom
Second: 1
Primary Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Mini-Split/Ductless: 1
Heating
Central: 1
Electric: 1
Mini-Split/Ductless: 1
Primary Bdrm/Primary Bath
MBath Shower Only: 1
MBed Walk-in Closet: 1
Primary Bath/Primary Bdrm
MBath Shower/Tub Combo: 1
Security Features
Smoke Detector(s): 1
Property Features
Appliances: Dishwasher; Disposal; Microwave; Oven - Convection; Range - Electric; Refrigerator; Water Heater - Electric
Full Bathroom: First
Half Bathroom: Second
Primary Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric; Mini-Split/Ductless
Heating: Central; Electric; Mini-Split/Ductless
Association Fees Include: Accounting; Management; Pool
Furnished: Negotiable
Kitchen: Second
Balcony: Second
Dining Room: Second
Great Room: Second
Laundry: First
Pool Features: Fenced; Inground
Security Features: Smoke Detector(s)
Parking Features: Driveway
Association Amenities: Pool
Rooms: Balcony; Dining Room; Full Bathroom; Great Room; Half Bathroom; Kitchen; Laundry; Primary Bedroom
Sale Type: As Is
Showing: ShowingTime
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Waterview: Gulf
Present Zoning: Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Primary Bedroom | First | 17.5 x 11 | 17.50 | 11.00 | 17.5 x 11 | Front master bedroom |
| Primary Bedroom | First | 17 x 11 | 17.00 | 11.00 | 17 x 11 | Back master bedroom |
| Great Room | Second | 17 x 13 | 17.00 | 13.00 | 17 x 13 | All living areas upstairs with Gulf views |
| Dining Room | Second | 13 x 8 | 13.00 | 8.00 | 13 x 8 | Measurements approximate; buyer to verify |
| Kitchen | Second | 13 x 11 | 13.00 | 11.00 | 13 x 11 | |
| Full Bathroom | First | 9 x 5 | 9.00 | 5.00 | 9 x 5 | |
| Laundry | First | 5 x 3 | 5.00 | 3.00 | 5 x 3 | |
| Half Bathroom | Second | 7 x 3 | 7.00 | 3.00 | 7 x 3 | |
| Balcony | Second | 11 x 7 | 11.00 | 7.00 | 11 x 7 |
Listing Office: Keller Williams Realty Emerald
Last Updated: July - 01 - 2026
Information deemed reliable but not guaranteed.