6724 Thomas Dr Panama City, FL 32408
Lower Grand Lagoon AreaEstimated payment $3,383/month
Highlights
- In Ground Pool
- Gulf View
- Great Room
- Patronis Elementary School Rated A-
- Contemporary Architecture
- Balcony
About This Home
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!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2005
Home Design
- Contemporary Architecture
- Property Attached
- Metal Roof
- HardiePlank Type
Interior Spaces
- Ceiling Fan
- Great Room
- Dining Room
- Gulf Views
- Fire and Smoke Detector
Kitchen
- Convection Oven
- Electric Range
Bedrooms and Bathrooms
- 2 Bedrooms
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
Additional Features
- Balcony
- 1,960 Sq Ft Lot
Community Details
Overview
- Property has a Home Owners Association
- Sago Park Townhomes Subdivision
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/01/2026 07/01/26 | For Sale | $539,000 | +1.5% | $348 / Sq Ft | |
| 12/05/2025 12/05/25 | Off Market | $531,000 | -- | -- | |
| 10/25/2023 10/25/23 | Sold | $531,000 | -1.1% | $343 / Sq Ft | View Prior Sale |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- | |
| 09/25/2023 09/25/23 | Price Changed | $537,000 | -0.2% | $347 / Sq Ft | |
| 09/23/2023 09/23/23 | Price Changed | $538,000 | -0.2% | $348 / Sq Ft | |
| 09/21/2023 09/21/23 | Price Changed | $539,000 | -1.1% | $348 / Sq Ft | |
| 09/19/2023 09/19/23 | Price Changed | $545,000 | -0.9% | $352 / Sq Ft | |
| 09/17/2023 09/17/23 | Price Changed | $550,000 | -0.9% | $355 / Sq Ft | |
| 09/15/2023 09/15/23 | For Sale | $555,000 | -- | $359 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $123,623 | New Conventional | |
| Previous Owner | $114,034 | FHA | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 792101
APN: 30691-101-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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