7824 Thomas Drive, Panama City, FL 32408 (MLS# 795058)

7824 Thomas Drive, Panama City, FL 32408

New Listing

$650,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,954 Lot Size (sq. ft.): 2,178 Status: Active

Current Price: $650,000 List Date: 9/04/2026 Last Modified: 9/04/2026

Overview

Description

Just steps from the sugar-white sands of Panama City Beach, this income-producing vacation rental offers the location, amenities, and guest capacity that make a beach investment stand out. Currently operating as Palm Breeze Retreat, this 3-bedroom, 2.5-bath property is completely furnished, accommodates up to 10 guests and is positioned within the Villas of Panama, where the community pool and nearby beach access put vacation favorites within easy reach. Inside, the main living area provides plenty of room to gather after a day on the Gulf, with a comfortable living space, dining area, and fully equipped kitchen featuring stainless steel appliances, stone countertops, and ample cabinetry. The sleeping arrangements are designed with groups and families in mind, including a primary suite with a king bed and twin-over-twin bunks, two additional queen bedrooms, and a sleeper sofa in the living area. Multiple bedrooms offer balcony access, while the primary suite includes its own bath. … (Read more) Just steps from the sugar-white sands of Panama City Beach, this income-producing vacation rental offers the location, amenities, and guest capacity that make a beach investment stand out. Currently operating as Palm Breeze Retreat, this 3-bedroom, 2.5-bath property is completely furnished, accommodates up to 10 guests and is positioned within the Villas of Panama, where the community pool and nearby beach access put vacation favorites within easy reach. Inside, the main living area provides plenty of room to gather after a day on the Gulf, with a comfortable living space, dining area, and fully equipped kitchen featuring stainless steel appliances, stone countertops, and ample cabinetry. The sleeping arrangements are designed with groups and families in mind, including a primary suite with a king bed and twin-over-twin bunks, two additional queen bedrooms, and a sleeper sofa in the living area. Multiple bedrooms offer balcony access, while the primary suite includes its own bath. One of the property’s most memorable features is the converted garage game room, giving guests their own place to unwind with arcade games, air hockey, darts, basketball, and more. Outdoor spaces add even more appeal, with balconies, a lower-level patio and grill area, and a second-floor balcony overlooking the community pool. The location makes it easy for guests to enjoy Panama City Beach without spending the entire vacation in the car. Thomas Drive, St. Andrews Bay, dining, entertainment, and the beach are all nearby, while St. Andrews State Park is less than three miles away. Shopping, golf, charter fishing, water activities, family attractions, and the area’s many restaurants provide plenty to explore beyond the shoreline. Whether you’re searching for a beach property to enjoy yourself, an established vacation rental to add to your portfolio, or a combination of both, this property brings together guest-friendly amenities and a highly desirable location just a short walk from the Gulf.

Listing Details MLS# 795058

Contract Info

List Price/SqFt: 332.65

Location

Area: 03 – Bay County – Beach
Street #: 7824
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Villas Of Panama
Community/Resort: None
Waterfront: No
Parcel ID: 30540-005-020
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Traveling South on Front Beach Rd from Hathaway Bridge, Left on Joan Avenue, Left on Thomas Drive, 7824 Thomas Drive is on the left side of the road.
Legal Description: VILLAS OF PANAMA LOT 2 MAP 58A ORB 4470 P 1345

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 1954
SqFt Source: Prop App Site
Full Baths: 2
Half Baths: Yes
Total Baths: 3
Accessory Dwelling Unit: No
Year Built: 2005
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: Yes
Driveway Spaces: 2
Lot Dimensions: 23.0 ft x 96.0 ft
Acreage: 0.05
Lot Size (SqFt): 2178
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 600
HOA Frequency: Quarterly
HOA Annual Amount: 2400
New Buyer Fee: No
Last Taxes: 5593.39
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Just steps from the sugar-white sands of Panama City Beach, this income-producing vacation rental offers the location, amenities, and guest capacity that make a beach investment stand out. Currently operating as Palm Breeze Retreat, this 3-bedroom, 2.5-bath property is completely furnished, accommodates up to 10 guests and is positioned within the Villas of Panama, where the community pool and nearby beach access put vacation favorites within easy reach. Inside, the main living area provides plenty of room to gather after a day on the Gulf, with a comfortable living space, dining area, and fully equipped kitchen featuring stainless steel appliances, stone countertops, and ample cabinetry. The sleeping arrangements are designed with groups and families in mind, including a primary suite with a king bed and twin-over-twin bunks, two additional queen bedrooms, and a sleeper sofa in the living area. Multiple bedrooms offer balcony access, while the primary suite includes its own bath. One of the property's most memorable features is the converted garage game room, giving guests their own place to unwind with arcade games, air hockey, darts, basketball, and more. Outdoor spaces add even more appeal, with balconies, a lower-level patio and grill area, and a second-floor balcony overlooking the community pool. The location makes it easy for guests to enjoy Panama City Beach without spending the entire vacation in the car. Thomas Drive, St. Andrews Bay, dining, entertainment, and the beach are all nearby, while St. Andrews State Park is less than three miles away. Shopping, golf, charter fishing, water activities, family attractions, and the area's many restaurants provide plenty to explore beyond the shoreline. Whether you're searching for a beach property to enjoy yourself, an established vacation rental to add to your portfolio, or a combination of both, this property brings together guest-friendly amenities and a highly desirable location just a short walk from the Gulf.

Pool Features

Gunite Concrete: Yes
Inground: Yes

More Information

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

Interior Features

Ceiling – Crwn Molding: Yes
Floor – Tile: Yes
Floor – Vinyl Plank: Yes
Kitchen Island: Yes
Lighting – Recessed: Yes
Split Bedroom: Yes
Window – Treatment All: Yes

Construction/Siding

Roof – Metal: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes
Deck Covered: Yes
Porch Covered: Yes

Association Fees Include

Ground Keeping: Yes
Management: Yes
Pool: Yes

Financing

Cash: Yes
Conventional: Yes
FHA: Yes
Seller Financing: Yes
VA: Yes

Furnished

Furnished: Yes

Interior

Floor – Carpet: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Covenants & Rescrictions: Yes
Near Beach Access: Yes
Near Public Boat Ramp: Yes
Within 1/2 Mile to Water: Yes

Lot Access

Comm/Own/Maint: Yes

Parking Features

Driveway: Yes
Garage Attached: Yes
Garage Door Opener: Yes

Present Zoning

Resid Single Family: Yes

Association Amenities

Pool: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes

Sale Type

As Is: Yes

Primary Bedroom

Second: Yes

Bedroom

Second: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Primary Bdrm/Primary Bath

MBath Double Vanity: Yes
MBath Tub – Jetted: Yes
MBed Balcony: Yes
MBed Sitting Area: Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric Primary Bedroom: Second Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony; Deck Covered; Porch Covered Association Fees Include: Ground Keeping; Management; Pool Financing: Cash; Conventional; FHA; Seller Financing; VA Furnished: Furnished Interior: Floor – Carpet Kitchen: First Living Room: First Lot Features: Covenants & Rescrictions; Near Beach Access; Near Public Boat Ramp; Within 1/2 Mile to Water Lot Access: Comm/Own/Maint Pool Features: Gunite Concrete; Inground Parking Features: Driveway; Garage Attached; Garage Door Opener Association Amenities: Pool Rooms: Bedroom; Kitchen; Living Room; Primary Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Public Sewer – Connected; Public Water – Connected Waterview: Gulf Present Zoning: Resid Single Family

Room Information

Room Name	Level	Dimensions	Length	Width
Primary Bedroom	Second	20 x 12	20.00	12.00
Bedroom	Second	12 x 11	12.00	11.00
Bedroom	Second	10 x 8	10.00	8.00
Living Room	First	23 x 12	23.00	12.00
Kitchen	First	12 x 10	12.00	10.00

Listing Office: Salty Marlin Realty LLC

Last Updated: September – 04 – 2026

Information deemed reliable but not guaranteed.