7026 Thomas Drive A & B, Panama City Beach, FL 32408

$1,320,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 3,840 Status: Sold
Current Price: $1,400,000 List Date: 12/04/2024 Last Modified: 7/24/2025

Description

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!

More Information MLS# 765786

Listing Info, Tax and Legal

Homestead: No HOA Fee: No Is Subject Leased: No New Buyer Fee: No Last Taxes: 1857 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: Yes

Contract Info

List Price/SqFt: 364.58 Status: Sold List Date: 2024-12-02 List Price: $1,400,000 Current Price: $1,320,000

Location

Unit #: A & B Sub Area: 0323 – Beach – South of Grand Lagoon Community/Resort: Holiday Beach Waterfront: No Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: Heading West on Thomas Drive, Unit is on the right hand side of the road directly across Hidden Dunes Condo. Area: 03 – Bay County – Beach Street #: 7026 Street Name: Thomas Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Subdivision: Holiday Beach Unit 12 Parcel ID: 30803-020-000 Legal Description: HOLIDAY BEACH UNIT #12 LOT 2 BLK U ORB 4660 P 575

General Property Info

Design: Duplex Apx SqFt(Htd/Cooled): 3840 Immediate Occupancy: Yes Construction Status: Construction Complete SqFt Source: Builders Plans # of Stories in Building: 2 # of Units in Bldg: 2 Units Above Ground: 4 Pre-Const Flip: No Lot Dimensions: 50×120 New Construction: No Garage Y/N: No Pool: No Sub-Type: Duplex Multi-Units Bedrooms: 8 Full Baths: 8 Total Baths: 8 Year Built: 2024

Remarks & Misc

Remarks: 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!

Status Change Info

Sold Price/SqFt: 343.75 Under Contract Date: 2025-06-23 Sold Date: 2025-07-22 Sold Price: $1,320,000

Appliances

Cooktop – Electric: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven – Electric: 1 Range – Electric: 1 Refrigerator: 1 Washer: 1 Water Heater – Electric: 1

Interior Features

Ceiling – Raised: 1 Closet Owner: 1 Floor – Vinyl Plank: 1 Pantry: 1 Security System: 1 Wet Bar: 1

Construction/Siding

Foundation – Slab on Grade: 1 Wood/Frame: 1 Roof – Metal: 1 Siding – Hardie Board: 1 Trim – Hardie Board: 1

Exterior

Balcony: 1 Built-in Barbecue/Grill: 1 Deck Covered: 1 Fenced Back Yard: 1 Fenced Privacy: 1

Financing

Cash: 1 Conventional: 1 VA: 1

Furnished

Furnished: 1

Interior

Smart Thermostat: 1

Kitchen

First: 1

Living Room

First: 1 Second: 1

Lot Access

City Street: 1 Paved Road: 1

Parking Features

Additional Parking: 1 Driveway: 1 Parking Lot: 1 Paved: 1

Present Zoning

Commercial: 1 Resid Multi-Family: 1

Rooms

Bedroom: 1 Full Bathroom: 1 Kitchen: 1 Living Room: 1

Showing

Security System: 1

Utilities

TV Cable: 1 Electricity – Connected: 1 Garbage: 1 Natural Gas – Available: 1 Internet – Broadband Available: 1 Lift Station: 1 Phone – Available: 1 Public Sewer – Connected: 1 Public Water – Connected: 1 Tap Fee Paid: 1

Sale Type

As Is: 1

Bedroom

First: 1 Second: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Heating

Central: 1 Electric: 1

Security Features

Security System: 1 Smoke Detector(s): 1

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric Bedroom: First; Second Cooling: Ceiling Fan(s); Central Air Heating: Central; Electric Exterior: Balcony; Built-in Barbecue/Grill; Deck Covered; Fenced Back Yard; Fenced Privacy Financing: Cash; Conventional; VA Furnished: Furnished Interior: Smart Thermostat Kitchen: First Living Room: First; Second Lot Access: City Street; Paved Road Security Features: Security System; Smoke Detector(s) Parking Features: Additional Parking; Driveway; Parking Lot; Paved Rooms: Bedroom; Full Bathroom; Kitchen; Living Room Sale Type: As Is Showing: Security System Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Broadband Available; Lift Station; Natural Gas – Available; Phone – Available; Public Sewer – Connected; Public Water – Connected; Tap Fee Paid Present Zoning: Commercial; Resid Multi-Family

Room Information

Bedroom Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Bedroom Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Bedroom Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Bedroom Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Bedroom Level: Second Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Bedroom Level: Second Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Bedroom Level: Second Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Bedroom Level: Second Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Kitchen Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Kitchen Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Living Room Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Living Room Level: Second Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1
Listing Office: A List Beach Realty LLC
Last Updated: July – 24 – 2025
Information deemed reliable but not guaranteed.