7028 Thomas Drive, Panama City Beach, FL 32408 (MLS# 780902)

List Price/SqFt: 386.81

Status: Sold

List Date: 2025-10-27

List Price: $1,179,000

Current Price: $1,112,500

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: Holiday Beach

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: From the Hathaway bridge, Head west on Front Beach Rd toward Wilkinson Ave, Turn left onto Joan Ave, Turn left onto C R 392/Thomas Dr, destination is on the left just past Venus St

Area: 03 - Bay County - Beach

Street #: 7028

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Holiday Beach Unit 12

Parcel ID: 30804-000-000

Legal Description: HOLIDAY BEACH UNIT #12 LOT 3 BLK U ORB 4605 P 1069

Acreage: 0.14

Design: Beach House

Lot Size (SqFt): 6098

Apx SqFt(Htd/Cooled): 3048

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 50 x 120

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Private

Sub-Type: Detached Single Family

Bedrooms: 5

Full Baths: 4

Total Baths: 4

Year Built: 2023

HOA Fee: No

New Buyer Fee: No

Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.

Remarks: CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS - A premier investment and luxury coastal retreat, this custom beach home is positioned just a short 5-minute walk from Public Beach Access 15 and the iconic emerald waters of Panama City Beach. Purposefully designed to host large groups, it sleeps up to 19 guests and delivers impressive rental projections exceeding $130,000 annually. The open main level showcases a gourmet kitchen with granite countertops, stainless steel appliances, and walk-in pantry flowing seamlessly to the covered patio, private pool, and outdoor shower. The primary suite provides resort-style comfort with a soaking tub, walk-in shower, and spacious closet, while multiple bunk rooms including a third-floor bunk suite with lounge area enhance rental versatility. A second-floor family room with a wet bar opens to a sunset-view sundeck ideal for entertaining. Perfectly located on the desirable East End near local favorites like Schooners and FINNS Barista Bar & Snack Shack, this fully furnished property offers superior guest appeal and proven performance in one of PCB's strongest rental corridors.

Sold Price/SqFt: 364.99

Sold Price/Acre: 7946428.57

Under Contract Date: 2026-05-12

Sold Date: 2026-06-12

Sold Price: $1,112,500

Third: 1

Fenced: 1

Inground: 1

Bar Fridge: 1

Cooktop - Electric: 1

Dishwasher: 1

Disposal: 1

Freezer: 1

Ice Maker: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Range Hood: 1

Refrigerator: 1

Water Heater - Electric: 1

Wine Cooler: 1

Breakfast Bar: 1

Ceiling - Raised: 1

Ceiling - Vaulted: 1

Floor - Laminate: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Lighting - Recessed: 1

Lock Out Closet: 1

Lock Out Unit: 1

Wet Bar: 1

Roof - Metal: 1

Siding - Hardie Board: 1

Siding - Metal: 1

Siding - Vinyl: 1

Trim - Hardie Board: 1

Trim - Vinyl: 1

Balcony: 1

Deck Covered: 1

Deck Enclosed: 1

Deck Open: 1

Double Pane Windows: 1

Fenced Back Yard: 1

Fenced Privacy: 1

Shower: 1

Patio Covered: 1

Porch Covered: 1

Storm Doors: 1

Storm Windows: 1

Tinted Windows: 1

Cash: 1

Conventional: 1

Partially: 1

Bonus Room: 1

Bunk Room: 1

Landscaped: 1

Near Beach Access: 1

Within 1/2 Mile to Water: 1

City Street: 1

Additional Parking: 1

Carport Attached: 1

Resid Single Family: 1

Bedroom: 1

Bunk Room: 1

Primary Bedroom: 1

ShowingTime: 1

TV Cable: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Gulf: 1

As Is: 1

Second: 1

First: 1

Second: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

MBath Double Vanity: 1

MBath Separate Shwr: 1

MBath Tub - Soaking: 1

MBath Walk-In Closet: 1

MBed Walk-in Closet: 1

Carbon Monoxide Detector: 1

Smoke Detector(s): 1