$545,000
$54K PRICE DROP

6724 Thomas Dr Panama City, FL 32408

Total Views 1,965
2 Beds
2.5 Baths
1,548 Sq Ft
$352 Price per Sq Ft

Highlights

  • In Ground Pool
  • Gulf View
  • Great Room
  • Patronis Elementary School Rated A-
  • Waterfront
  • Ductless Heating Or Cooling System

About This Home

REMODELED SHORT-TERM RENTAL located in one of the highest gross rental areas on Thomas Drive, Sago Park. The owner has spent a fortune updating and remodeling this property including all new furnishings. The Sago Park Townhomes generate over $65,000 in consistent rental income year after year and the seller has gotten this property in premium shape to get that type of income for the new owner.
In 2021, this home was completely remodeled with all new LVP Flooring, custom cabinets in all rooms, quartz countertops, and all new plumbing and lighting fixtures. It was stripped down to sheetrock and the home was completely renovated from the wall studs in. All the kitchen LG appliances were put in new in 2021. In addition, the seller did the following updates:
HVAC coil replaced in September 2025.
New Mini Split upstairs in August 2025 - $9,000 investment - moved off the front porch and to the side, new lighting added upstairs, new bathroom fixtures lighting and pulls updated, master ceiling fan replaced, driveway widened significantly - $5,000 investment.
Smoke Detectors hard wired into the home and ready for short term rental.
Townhome is an end unit that offers additional privacy and a view of the Gulf. Zoned for short term vacation rental, this quiet complex is 1 block to a dedicated beach access. The pool is just steps out the back door of the 2nd master bedroom. All the living area is upstairs with high ceilings and lots of light. There is a 1/2 bath upstairs for convenience of your guests. 2 spacious master suites with full bathrooms downstairs with completely renovated baths with new tile work, flooring, cabinetry, and fixtures. Washer/dryer downstairs off of the front master bedroom.

Listing Agent

Mike Herring

Keller Williams Realty Emerald License #3256219 Listed on: 11/03/2025

Keller Williams Realty Emerald

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 20x100
  • Waterfront

Home Design

  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • Ceiling Fan
  • Great Room
  • Dining Room
  • Gulf Views

Kitchen

  • Convection Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Sago Park Townhomes Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Attached
  • Lot Size: 20x100
  • Subdivision Name: Sago Park Townhomes
  • New Construction: No
  • Structure Type: Townhouse
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Dining Room Type: Dining Room, Great Room, Primary Bedroom

Exterior Features

  • Pool Features: Fenced, In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Roof: Metal

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Ductless
  • Heating: Central, Ductless, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Pool, Community Pool, Short Term Rental Allowed
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Mobile Dim Units: Feet

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,649 $357,328 $59,099 $298,229
2024 $1,312 $456,445 $56,707 $399,738
2023 $1,312 $140,755 $0 $0
2022 $1,180 $136,655 $0 $0
2021 $1,178 $132,675 $0 $0
2020 $1,173 $130,843 $0 $0
2019 $1,148 $127,901 $0 $0
2018 $1,138 $125,516 $0 $0
2017 $1,118 $122,934 $0 $0
2016 $1,106 $120,405 $0 $0
2015 $1,131 $119,568 $0 $0
2014 $1,117 $118,619 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2026 02/03/26 Price Changed $545,000 -5.9% $352 / Sq Ft
01/04/2026 01/04/26 Price Changed $579,000 -3.3% $374 / Sq Ft
11/03/2025 11/03/25 For Sale $599,000 +12.8% $387 / Sq Ft
11/10/2023 11/10/23 Sold $531,000 0.0% $343 / Sq Ft View Prior Sale
11/10/2023 11/10/23 For Sale $531,000 -- $343 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $531,000 Mti Title
Special Warranty Deed $117,000 New House Title
Special Warranty Deed -- New House Title
Trustee Deed -- None Available
Special Warranty Deed $449,000 Florida Land Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $114,034 FHA
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 781153

Central Panhandle Association of REALTORS®

APN: 30691-101-000

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