NOT LISTED FOR SALE

7026 Thomas Dr Unit A & B Panama City, FL 32408

Lower Grand Lagoon Area
8 Beds
8 Baths
3,840 Sq Ft
2024 Built

Sale Details

Date Sold: July 22, 2025

Last sale price $1,320,000 $344 Per Sq Ft

203 Days on Market

Highlights

  • Deck
  • No HOA
  • Living Room
  • Patronis Elementary School Rated A-
  • Balcony
  • Home Security System

About This Home

As of July 2025

Turn-Key Duplex in the Heart of Panama City Beach - A Rental Powerhouse Opportunity!
Discover the perfect blend of luxury, location, and high-income potential with this stunning new-construction duplex in Panama City Beach. Just steps from the world-famous sugar-white sands and emerald waters, this property is designed to excel in PCB's thriving short-term rental market. This prime location is a magnet for year-round visitors. The vibrant Thomas Drive, moments from your doorstep, offers endless dining, shopping, and entertainment options—all complemented by the relaxing aroma of the ocean breeze. With nearby attractions like St. Andrews State Park, Pier Park, and family favorites such as Shipwreck Island Waterpark, guests of all ages will find something to love. Dining hotspots like Captain Anderson's, Schooners, and The Grand Marlin are sure to please foodies and families alike. For adventure seekers, the property is conveniently located near golf cart rental companies, pontoon boat rentals, jetski operators, and deep-sea fishing charters offering unforgettable experiences on the Gulf. Each side of the duplex has been thoughtfully designed to provide guests with the ultimate experience. With four bedrooms and four full bathrooms on each side, the property can accommodate up to 14 guests per unit, for a total of 28 guests. Both units come fully furnished and feature modern finishes, including LVP flooring, tiled showers, and 9-foot ceilings. The primary-level kitchens are complemented by a fun upstairs game room and entertainment space with a wet bar. Ground-floor laundry rooms and secondary laundry hookups on the second floor offer added convenience, while smart home technology ensures ease of remote management. Every room is equipped with a flatscreen TV, and outdoor showers and under-stairwell storage provide thoughtful touches for beachgoers. The home also includes both a covered rear patio and a covered upper balcony, complete with ceiling fans, comfortable outdoor seating, and dining tables, offering the perfect spaces to relax or gather for meals in the coastal breeze. The exterior is equally impressive, with privacy fencing and enough space to add a pool on each side, making it even more appealing to guests. A bonus rear gravel parking area and ample front parking add to its convenience. There's also room for a housekeeping station, making turnovers simple and efficient. Best of all, this turn-key property has no HOA fees and is just a three-minute walk to the beach, giving guests seamless access to everything PCB has to offer. Its thoughtful design, proximity to top attractions, and high-end amenities position this duplex as a top-performing rental property in Florida's booming coastal market. Don't miss out on this rare opportunity to own a truly exceptional investment property. Schedule your showing today and start capitalizing on PCB's unparalleled rental potential!

Last Agent to Sell the Property

Bridgett Hall-Cotton

A List Beach Realty LLC License #SL3324062 Listed on: 12/04/2024

Co-Listed By

Non Member

NON-MEMBER OFFICE

Last Buyer's Agent

Joseph Rohne

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 2024

Lot Details

  • Lot Dimensions are 50x120
  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Home Security

  • Home Security System
  • Smart Thermostat
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Additional Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Holiday Beach Unit 12 Subdivision

Amenities

  • Community Barbecue Grill

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,857

Year Built

Built in 2024

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Duplex
  • Lot Size: 50x120
  • Road Frontage Type: City Street
  • Co List Office Mls Id: BNON
  • Subdivision Name: Holiday Beach Unit 12
  • Architectural Style: Duplex
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
  • Interior Amenities: Smart Thermostat
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Living Room
  • Stories: 2

Exterior Features

  • Fencing: Fenced, Privacy
  • Waterfront: No
  • Construction Type: HardiPlank Type, Wood Frame
  • Exterior Features: Barbecue, Covered Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Deck
  • Roof: Metal

Garage/Parking

  • Parking Features: Additional Parking, Paved, Parking Lot
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Natural Gas Available, High Speed Internet Available
  • Security Features: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer, Sewer Tap Paid

Condo/Co-op/Association

  • Community Features: Barbecue, Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Paved
  • Land Lease: No
  • Mobile Dim Units: Feet
  • Zoning Description: Commercial, Resid Multi-Family

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 1857.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
07/22/2025 07/22/25 Sold $1,320,000 -5.7% $344 / Sq Ft
04/26/2025 04/26/25 Price Changed $1,400,000 -1.8% $365 / Sq Ft
03/15/2025 03/15/25 Price Changed $1,425,000 -1.7% $371 / Sq Ft
02/08/2025 02/08/25 Price Changed $1,450,000 -1.7% $378 / Sq Ft
01/09/2025 01/09/25 Price Changed $1,475,000 -1.7% $384 / Sq Ft
12/02/2024 12/02/24 For Sale $1,500,000 -- $391 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 765786

Central Panhandle Association of REALTORS®
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