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7028 Thomas Drive, Panama City Beach, FL 32408 (MLS# 988441)

7028 Thomas Drive, Panama City Beach, FL 32408

$1,179,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,048 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $1,179,000 List Date: 4/15/2026 Last Modified: 4/20/2026

Description

A premier investment and luxury coastal retreat, this custom beach home is positioned just a short 5-minute walk from Public Beach Access 15 and the iconic emerald waters of Panama City Beach. Purposefully designed to host large groups, it sleeps up to 19 guests and delivers impressive rental projections exceeding $130,000 annually. The open main level showcases a gourmet kitchen with granite countertops, stainless steel appliances, and walk-in pantry flowing seamlessly to the covered patio, private pool, and outdoor shower. The primary suite provides resort-style comfort with a soaking tub, walk-in shower, and spacious closet, while multiple bunk rooms including a third-floor bunk suite with lounge area enhance rental versatility. A second-floor family room with a wet bar opens to

Supplements: a sunset-view sundeck ideal for entertaining. Perfectly located on the desirable East End near local favorites like Schooners and FINNS Barista Bar & Snack Shack, this fully furnished property offers superior guest appeal and proven performance in one of PCB's strongest rental corridors.

More Information MLS# 988441

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 386.81 List Date: 2025-10-27 Current Price: $1,179,000 List Price: $1,179,000

Location, Tax and Legal

Sub Area: 2723 - Beach - South of Grand Lagoon Elementary School: Patronis Middle School: Surfside High School: Arnold Legal Description: HOLIDAY BEACH UNIT #12 LOT 3 BLK U ORB 4605 P 1069

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: County PA Records Garage: No Carport: Yes Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 3048 Bedrooms: 5 Full Baths: 4 Total Bathrooms: 4 # Stories: 3 Year Built: 2023 Acreage: 0.14

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 8095.15 Last Tax Year: 2024 Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property. As Is: Yes

Remarks & Misc

Remarks: A premier investment and luxury coastal retreat, this custom beach home is positioned just a short 5-minute walk from Public Beach Access 15 and the iconic emerald waters of Panama City Beach. Purposefully designed to host large groups, it sleeps up to 19 guests and delivers impressive rental projections exceeding $130,000 annually. The open main level showcases a gourmet kitchen with granite countertops, stainless steel appliances, and walk-in pantry flowing seamlessly to the covered patio, private pool, and outdoor shower. The primary suite provides resort-style comfort with a soaking tub, walk-in shower, and spacious closet, while multiple bunk rooms including a third-floor bunk suite with lounge area enhance rental versatility. A second-floor family room with a wet bar opens to

Construction Status

Construction Complete: 1

Parking Features

Carport Attached: 1

Lot/Parcel Access

City Road: 1 Paved Road: 1

Lot Features

Within 1/2 Mile to Water: 1

Construction/Siding

Roof Metal: 1 Siding CmntFbrHrdBrd: 1 Trim Vinyl: 1

Utilities

Electric: 1 Public Sewer: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Deck Covered: 1 Deck Enclosed: 1 Deck Open: 1 Fenced Back Yard: 1 Fenced Privacy: 1 Patio Covered: 1 Pool - In-Ground: 1 Porch: 1 Shower: 1

Interior

Breakfast Bar: 1 Ceiling Raised: 1 Ceiling Vaulted: 1 Kitchen Island: 1 Lighting Recessed: 1 Lock Out: 1 Owner's Closet: 1 Pantry: 1 Wet Bar: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Disposal: 1 Freezer: 1 Microwave: 1 Refrigerator: 1 Stove/Oven Electric: 1 Wine Refrigerator: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Walk-In Closet: 1 MBed Walk-in Closet: 1

Master Bedroom

Second: 1

Bedroom

First: 1 Second: 1

Kitchen

First: 1

Rooms

Bedroom: 1 Bunk Room: 1 Dining Room: 1 Kitchen: 1 Master Bedroom: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 27 - Bay County Street #: 7028 Street Name: Thomas Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Project Name/Subdivision: HOLIDAY BEACH UNIT 12 Parcel ID: 30804-000-000

Property Features

Construction Status: Construction Complete Lot Features: Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Carport Attached Exterior: Balcony; Deck Covered; Deck Enclosed; Deck Open; Fenced Back Yard; Fenced Privacy; Patio Covered; Pool - In-Ground; Porch; Shower Interior: Breakfast Bar; Ceiling Raised; Ceiling Vaulted; Kitchen Island; Lighting Recessed; Lock Out; Owner's Closet; Pantry; Wet Bar Appliances: Disposal; Freezer; Microwave; Refrigerator; Stove/Oven Electric; Wine Refrigerator Utilities: Electric; Public Sewer; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: Second Bedroom: First; Second Kitchen: First Rooms: Bedroom; Bunk Room; Dining Room; Kitchen; Master Bedroom Financing: Conventional; FHA; VA

Room Information

Master Bedroom Level: Second Dimensions: 17 x 13 Length: 17.00 Width: 13.00 Dimensions: 17 x 13 Bedroom Level: First Dimensions: 16.4 x 16 Length: 16.40 Width: 16.00 Dimensions: 16.4 x 16 Bedroom Level: Second Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12 Bedroom Level: Second Dimensions: 15.9 x 13 Length: 15.90 Width: 13.00 Dimensions: 15.9 x 13 Bunk Room Level: Third Dimensions: 16.9 x 12.2 Length: 16.90 Width: 12.20 Remarks: 500 sq ft Dimensions: 16.9 x 12.2 Kitchen Level: First Dimensions: 13.2 x 9.9 Length: 13.20 Width: 9.90 Dimensions: 13.2 x 9.9 Dining Room Level: First Dimensions: 19.4 x 16.9 Length: 19.40 Width: 16.90 Dimensions: 19.4 x 16.9
Listing Office: Legacy Premier Agency LLC
Listing Agent: Kurt J Fadden
Last Updated: April - 20 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.