8319 Thomas Dr Panama City Beach, FL 32408
Lower Grand Lagoon AreaEstimated payment $5,386/month
Highlights
- Heated In Ground Pool
- Gulf View
- Covered Patio or Porch
- RV Access or Parking
- No HOA
- Balcony
About This Home
NO HOA! FINANCIAL POWERHOUSE! HEATED POOL! This prime beachside asset commands an Estimated Annual Gross Rental Revenue between $85,000 - $90,000. Designed for compounding returns, this revenue is projected to increase year-over-year. By capturing highly valuable repeat guests, you will maximize occupancy rates and secure a rapidly increasing ROI from day one. Full historical data (coming soon) and future projections are available upon request. This highly-rated VRBO property is in the top 10% of guest reviews for the area, with 139 reviews in total.
LUXURY COASTAL LIVING MEETS A LEGACY OF MEMORIES. This isn't just a beach house; it is a ''Love-Held'' sanctuary where generations have gathered to discover the very best of Northwest Florida. From the quiet shores of Cape San Blas to the historic charm of Pensacola, this home has served as the ultimate home base for family reunions and life-changing adventures. The current owners' children are reluctant to let it go--and for good reason. It has been a magical learning environment where the kids grew up alongside the Gulf, learning the pride of homeownership and the joy of coastal stewardship. While the family is ready to move on to their next chapter, they leave behind a home filled with soul and a foundation built for a lifetime of new traditions.
PRISTINE BEACHSIDE ELEGANCE JUST STEPS FROM THE SHORE. Located on the coveted beach side of Thomas Drive--just three lots off the emerald waters--this 2,934 (total sq. ft.) Tuscan-inspired residence offers breathtaking Gulf views from the third level. The interior is a masterclass in luxury, featuring 10-foot ceilings on the first floor, granite countertops, and high-end stainless appliances. Designed to sleep 10, the layout includes three large bedrooms plus two built-in bunk areas, ensuring plenty of space for everyone to spread out. With four covered balconies, two electric fireplaces for ambience/light only, a jetted master tub, every detail has been curated for comfort and sophisticated beach living.
YOUR PRIVATE OUTDOOR OASIS WITH UNMATCHED UTILITY. Step outside into your own private retreat featuring a gunite pool, recently upgraded with a new pump and filter (2022). This ''Twin Home'' attached single unit offers a rare advantage: a solid concrete divider wall that ensures absolute privacy and zero sound transfer between sides. Unlike most beach properties, parking is never an issue here. The expansive driveway accommodates up to 8 vehicles (4 side, 4 front), providing ample space to park your RV or boat right on the property--a true rarity so close to the Gulf.
A TURN-KEY, COMPLETELY FURNISHED INVESTMENT. Whether you are seeking a premier primary residence or a high-performing vacation asset, this property is being sold fully furnished and ready to deliver from day one. The home features a brand-new downstairs water heater (2024), and a newer upstairs HVAC. Perfectly positioned in the quieter area of Panama City Beach, you are just a short drive from the world-class dining and shopping of 30A, Destin, Mexico Beach and Port St. Joe, while remaining tucked away in a peaceful, highly flexible coastal pocket.
Open House Schedule
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Friday, August 21, 202611:00 am to 3:00 pm8/21/2026 11:00:00 AM +00:008/21/2026 3:00:00 PM +00:00Panama City Beach, Open House, Friday, August 21, 2026, 11 am - 3 pm, Century 21 Ryan Realty , Call for Details, Trena Kendrick, 615-587-1776Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,605
Year Built
- Built in 2007
Lot Details
- Lot Dimensions are 25x120
- Fenced
Home Design
- Duplex
- Slab Foundation
- Metal Roof
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Double Pane Windows
- Living Room
- Dining Room
- Gulf Views
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- Additional Parking
- RV Access or Parking
Pool
- Heated In Ground Pool
- Gunite Pool
- Fence Around Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- 2 Units
- Bel Air Subdivision
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 | $5,368 | $374,437 | ||
| 2024 | $5,266 | $340,397 | ||
| 2023 | $5,266 | $309,452 | $56,712 | $500,331 |
| 2022 | $3,294 | $281,320 | $59,535 | $221,785 |
| 2021 | $3,273 | $269,551 | $53,206 | $216,345 |
| 2020 | $3,380 | $274,566 | $55,125 | $219,441 |
| 2019 | $3,381 | $271,156 | $48,620 | $222,536 |
| 2018 | $3,433 | $271,055 | $0 | $0 |
| 2017 | $3,481 | $273,048 | $0 | $0 |
| 2016 | $3,585 | $276,143 | $0 | $0 |
| 2015 | $3,723 | $279,039 | $0 | $0 |
| 2014 | $3,777 | $283,506 | $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 |
|---|---|---|---|---|
| 08/06/2026 08/06/26 | Price Changed | $895,000 | -3.2% | $399 / Sq Ft |
| 05/16/2026 05/16/26 | For Sale | $925,000 | -- | $412 / 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 |
|---|---|---|---|
| Special Warranty Deed | $359,000 | Florida Land Title |
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 |
|---|---|---|---|
| Open | $269,250 | Seller Take Back |
Source: Central Panhandle Association of REALTORS®
MLS Number: 789978
APN: 30365-010-000
- 4115 Albacore St Unit 1
- 8312 Surf Dr
- 4108 Ocean St
- 4116 Ocean St
- 8323 Elizabeth Ave
- 8410 Thomas Dr Unit 6
- 8410 Thomas Dr Unit 4
- 4109 Ocean St
- 8213 Surf Dr
- 8301 Surf Dr
- 8419 Elizabeth Ave
- 8402 Elizabeth Ave
- 8307 Elizabeth Ave
- 8205 Surf Dr
- 8205 Surf Dr
- 8700 Surf Dr
- 8200 Surf Dr Unit B303
- 8200 Surf Dr Unit A205
- 8517 Surf Dr Unit 203
- 5733 S Lagoon Dr
- 8515 Surf Dr Unit SI ID1447138P
- 8227 S Lagoon Dr
- 8115 Thomas Dr Unit SI ID1355004P
- 8115 Thomas Dr Unit SI ID1354934P
- 8115 Thomas Dr Unit SI FL2-ID1355040P
- 8115 Thomas Dr Unit SI FL2-ID1355038P
- 8131 Sunset Ave Unit B
- 8013 Surf Dr Unit SI ID1523322P
- 8501 N Lagoon Dr Unit 209
- 8623 N Lagoon Dr Unit B10
- 8715 Surf Dr Unit SI ID1523323P
- 8730 Thomas Dr Unit SI ID1355041P
- 8730 Thomas Dr
- 7904 Surf Dr Unit 19
- 3908 Ocean View Dr Unit A
- 7908 Sunset Ave
- 8730 Thomas Dr Unit 101
- 8743 Thomas Dr Unit 1207
- 8743 Thomas Dr Unit SI FL15-ID1491598P
- 8743 Thomas Dr Unit SI FL11-ID1405397P
Ask me questions while you tour the home.