NOT LISTED FOR SALE

7026 Thomas Dr Panama City, FL 32408

Lower Grand Lagoon Area

Estimated Value: $1,271,000 - $1,444,004

8 Beds
8 Baths
3,840 Sq Ft
$349/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2024

Last sale price $1,250,000 $326 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,263 / mo

79 Days on Market

Highlights

  • Deck
  • No HOA
  • Home Security System
  • Patronis Elementary School Rated A-
  • Balcony
  • Community Barbecue Grill

About This Home

As of June 2024

NOW COMPLETED AND FULLY FURNISHED! SOLD AS TURN-KEY VACATION RENTAL HOME! THE MOST DESIRABLE INVESTMENT ON THE CURRENT MARKET - DUPLEX FOR SALE IN A PRIME LOCATION , PERFECT FOR SHORT-TERM RENTALS!
Each side (unit A & unit B) of the duplex has 4 bedrooms and 4 full baths, full kitchen on the 1st floor and wet bar on the 2nd floor, dedicated space for bunk beds on both floors, can accommodate up to 14 guests- totaling 28 FOR BOTH SIDES !! THAT'S A RENTAL MACHINE!
Upscale new construction thoughtfully planned for vacation rental with 9-foot ceilings, LVP flooring, tiled showers and bathtub-shower combo, 8-ft covered balcony to enjoy morning coffee and 8-ft covered and water resistant patio for big family gatherings and BBQ, plenty of parking on the front and back of the house. Big backyard POOL CAN BE ADDED IN THE FUTURE. SHORT WALK to the beach - only 3min. Thomas Dr is the fastest growing area in PCB with many restaurants, shopping and fun to offer. This is a great opportunity to obtain a quality built investment property just steps from the Most Beautiful White Sands !
NO HOA fees! RENTAL READY !
SCHEDULE YOUR SHOWING TODAY !

Last Agent to Sell the Property

Nikol Naydenova

Beach Properties Realty License #SL3512048 Listed on: 01/25/2024

Last Buyer's Agent

Bridgett Hall

Counts Real Estate Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 2024

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Electric Cooktop
  • Washer and Dryer Hookup

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

Listing and Financial Details

  • Home warranty included in the sale of the property

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

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.14
  • Lot Size: 50x120
  • Road Frontage Type: City Street
  • Subdivision Name: Holiday Beach Unit 12
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome
  • Stories: 2

Interior Features

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

Exterior Features

  • Fencing: Fenced, Privacy
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Frame, 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: Electricity Available, High Speed Internet Available, Water Available, Water Connected
  • Security Features: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Short Term Rental Allowed
  • Amenities: Other, See Remarks
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 6000.0
  • 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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2025
Sold by
Bought by
Current Estimated Value
$1,340,001

Purchase Details

Closed on
Jul 12, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
0.0684%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2024
Closed on
Jun 7, 2024
Sold by
Bought by
Seller's Agent
Nikol Naydenova
Beach Properties Realty
Buyer's Agent
Bridgett Hall
Counts Real Estate Group Inc
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
Feb 21, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
0.0613%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Buyer Sale Price Title Company
$100 None Listed On Document
$1,320,000 Defender Title & Escrow
$1,250,000 None Listed On Document
$93,500 --
Source: Public Records

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 Borrower Loan Amount
Previous Owner $990,000
Previous Owner $621,000
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
06/07/2024 06/07/24 Sold $1,250,000 -3.5% $326 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/13/2024 04/13/24 Price Changed $1,295,000 -7.2% $337 / Sq Ft
03/06/2024 03/06/24 Price Changed $1,395,000 -3.8% $363 / Sq Ft
01/25/2024 01/25/24 For Sale $1,450,000 -- $378 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 $1,826 $943,873 $176,792 $767,081
2024 -- $148,560 $148,560
2023 -- $148,560 $148,560
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nikol Naydenova

    Beach Properties Realty

    (850) 292-5627

    13 Total Sales

    Nikol Naydenova
    Section Image

  • B

    Buyer's Agent in 2024

    Bridgett Hall

    Counts Real Estate Group Inc

  • Bridgett Hall-Cotton

    Buyer's Agent in 2024

    Bridgett Hall-Cotton

    A List Beach Realty LLC

    (850) 381-7443

    47 Total Sales

    Bridgett Hall-Cotton
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 751847

Central Panhandle Association of REALTORS®
Florida Bay County Panama City 32408

7026 Thomas Dr, Panama City, FL

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.

Central Panhandle Association of REALTORS® 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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