6724 Thomas Drive, Panama City Beach, FL 32407
$545,000
Property Type:
Residential
Bedrooms:
2
Baths:
3
Square Footage:
1,548
Status:
Active
Current Price:
$545,000
List Date:
11/03/2025
Last Modified:
2/04/2026
Description
REMODELED SHORT-TERM RENTAL located in one of the highest gross rental areas on Thomas Drive, Sago Park. The owner has spent a fortune updating and remodeling this property including all new furnishings. The Sago Park Townhomes generate over $65,000 in consistent rental income year after year and the seller has gotten this property in premium shape to get that type of income for the new owner. In 2021, this home was completely remodeled with all new LVP Flooring, custom cabinets in all rooms, quartz countertops, and all new plumbing and lighting fixtures. It was stripped down to sheetrock and the home was completely renovated from the wall studs in.
Supplements: All the kitchen LG appliances were put in new in 2021. In addition, the seller did the following updates: HVAC coil replaced in September 2025. New Mini Split upstairs in August 2025 - $9,000 investment - moved off the front porch and to the side, new lighting added upstairs, new bathroom fixtures lighting and pulls updated, master ceiling fan replaced, driveway widened significantly - $5,000 investment. Smoke Detectors hard wired into the home and ready for short term rental. Townhome is an end unit that offers additional privacy and a view of the Gulf. Zoned for short term vacation rental, this quiet complex is 1 block to a dedicated beach access. The pool is just steps out the back door of the 2nd master bedroom. All the living area is upstairs with high ceilings and lots of light. There is a 1/2 bath upstairs for convenience of your guests. 2 spacious master suites with full bathrooms downstairs with completely renovated baths with new tile work, flooring, cabinetry, and fixtures. Washer/dryer downstairs off of the front master bedroom.
More Information MLS# 988864
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 352.07
List Date: 2025-11-03
Current Price: $545,000
List Price: $545,000
Location, Tax and Legal
Sub Area: 2723 - Beach - South of Grand Lagoon
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Legal Description: SAGO PARK TOWNHOMES LOT 1 ORB 3305 P 1084
General Property Info
Sub-Type: Attached Single Unit
Design: Townhome
SqFt Source: County PA Records
Garage: No
Carport: No
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 1548
Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Bathrooms: 3
# Stories: 2
Year Built: 2005
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 600
Annual Assessment Amount: 2400
Assessment Paid: Quarterly
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: REMODELED SHORT-TERM RENTAL located in one of the highest gross rental areas on Thomas Drive, Sago Park. The owner has spent a fortune updating and remodeling this property including all new furnishings. The Sago Park Townhomes generate over $65,000 in consistent rental income year after year and the seller has gotten this property in premium shape to get that type of income for the new owner. In 2021, this home was completely remodeled with all new LVP Flooring, custom cabinets in all rooms, quartz countertops, and all new plumbing and lighting fixtures. It was stripped down to sheetrock and the home was completely renovated from the wall studs in.
Construction Status
Construction Complete: 1
Waterview
Gulf: 1
Construction/Siding
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
Zoning
Resid Multi-Family: 1
Exterior
Pool - In-Ground: 1
Interior
Breakfast Bar: 1
Ceiling Raised: 1
Floor Vinyl: 1
Lighting Recessed: 1
Pantry: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Stove/Oven Electric: 1
Energy
AC - Central Elect: 1
Heat Cntrl Electric: 1
Water Heater - Elect: 1
Mstr Bdrm/Mstr Bath
MBath Shower Only: 1
MBed Walk-in Closet: 1
Master Bedroom
First: 1
Rooms
Dining Area: 1
Great Room: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Management: 1
Master Association: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 27 - Bay County
Street #: 6724
Street Name: Thomas Drive
State: FL
Zip Code: 32407
County: Bay
Project Name/Subdivision: Sago Park Townhomes
Parcel ID: 30691-101-000
Property Features
Construction Status: Construction Complete
Zoning: Resid Multi-Family
Waterview: Gulf
Exterior: Pool - In-Ground
Interior: Breakfast Bar; Ceiling Raised; Floor Vinyl; Lighting Recessed; Pantry
Appliances: Dishwasher; Disposal; Microwave; Refrigerator; Stove/Oven Electric
Utilities: Electric; Public Sewer; Public Water
Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect
Master Bedroom: First
Rooms: Dining Area; Great Room; Master Bedroom
Fees Include: Accounting; Management; Master Association
Room Information
Master Bedroom
Level: First
Dimensions: 17.5 x 11
Length: 17.50
Width: 11.00
Remarks: Front Master Bedroom
Dimensions: 17.5 x 11
Master Bedroom
Level: First
Dimensions: 17 x 11
Length: 17.00
Width: 11.00
Remarks: Back Master Bedroom
Dimensions: 17 x 11
Great Room
Level: Second
Dimensions: 17 x 13
Length: 17.00
Width: 13.00
Remarks: All living areas upstairs with Gulf views
Dimensions: 17 x 13
Dining Area
Level: Second
Dimensions: 13 x 8
Length: 13.00
Width: 8.00
Remarks: Measurements approximate; buyer to verify
Dimensions: 13 x 8
Listing Office:
Keller Williams Realty SRB
Listing Agent:
Mike Herring
Last Updated: February - 04 - 2026
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