Price Reduction - Water Views
Address
7818 Thomas Drive, Panama City, FL
Price
$ 689,000
Property Attributes
  • MLS#1010737
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • AreaBay County
  • NeighborhoodVillas of Panama
  • Zip32408
  • StyleBeach House
  • Year Built2005
  • Taxes$ 6077
  • Price$ 689,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1707
  • Lot Size0.05 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description

STEPS TO THE BEACH! Welcome to 7818 Thomas Drive, a coastal getaway less than 700 feet from Beach Access 16, where you can see the Gulf from your front door! Whether you've dreamed of finally owning your own Panama City Beach getaway or you're searching for a property positioned for short-term rental success, this 3-bedroom beach house delivers the LOCATION--and the LIFESTYLE. Inside, the home has been thoughtfully designed to feel like a true beach retreat, with newly painted interiors, updated furnishings, a boutique-inspired bathroom, and custom built-in bunks that maximize both sleeping space and rental appeal. All furniture and decor included in sale, making this home truly turnkey! The home comfortably sleeps up to 10, while the spacious primary suite offers its own private balcony with views of the Gulf. A newer 2025 HVAC system adds peace of mind, and the attached one-car garage with an epoxy floor provides something increasingly difficult to find this close to the beach--private storage for your vehicle, golf cart, bikes, and beach gear. Villas of Panama is an intimate community of just 10 detached beach homes surrounding a community pool maintained by the HOA, giving owners and guests the enjoyment of a pool without the individual upkeep. Add in the home's proximity to all the east end restaurants, attractions and recreation, and you have the combination beach buyers and investors look for: Click More ... Villas of Panama is an intimate community of just 10 detached beach homes surrounding a community pool maintained by the HOA, giving owners and guests the enjoyment of a pool without the individual upkeep. Add in the home's proximity to all the east end restaurants, attractions and recreation, and you have the combination beach buyers and investors look for: walkability to the Gulf, a pool, private garage, beautiful coastal interiors, and generous sleeping capacity. Even better, enjoy the rare advantage of owning this close to the Gulf while being located in desirable FLOOD ZONE X. Whether you're looking for a personal beach retreat, a vacation-rental investment, or the best of both, ''Sand Dollar Holler'' is ready to enjoy. Schedule your showing today before it's gone.

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
8/27/2026 Listed $695,000
9/11/2026 1$689,000

General Features

Utilities Electric,Public Water
Zoning Resid Single Family
Property Subtype Detached Single Family
Community Features Short Term Rental - Allowed,Pool
County Bay
Property Type Residential
Subdivision Name Villas of Panama
Status Active
Buyer Financing Conventional
Directions Heading south on Joan Ave, turn east onto Thomas Drive. Villas of Panama is roughly 1 mile down the road on the north side of Thomas Drive. Right across from En Soleil.
High School Arnold
City Panama City
MLS Area 27 - Bay County
Lot Size Units Acres
Lot Size Square Feet 2178
Elementary School Patronis
Middle/Junior High School Surfside
MLS Area Minor 2719 - Beach - East
Standard Status Active
Sewer Public Sewer
View Gulf
Tax Assessed Value 600
Cooling Ceiling Fans,Central Air
Garage Spaces 1
Patio/Porch Features Porch Open
Architectural Style Beach House
Year Built 2005
Stories Count 2
Tax Year 2025
New Construction false
Attached Garage true
Total Rooms 5
Carport Y/N false
Property Condition Construction Complete
Association Fee Includes Accounting,Ground Keeping
Pool Features Pool Type
HOA true

Interior Features

Total Baths 3
Interior Amenities Ceiling Crwn Molding,Kitchen Island,Lighting Recessed,Pantry,Washer/Dryer Hookup
Flooring Floor Tile,Floor Vinyl
Air Conditioning Y/N true
Window Features Window Treatment All,Double Pane Windows
Furnished Y/N Furnished - All

Exterior Features

Lot Features Sidewalk,Survey Available,Within 1/2 Mile to Water
Lot Size Area 0.05
Lot Dimensions 96' X 23'
Lot Size Acres 0.05
Road Surface Type Paved
Exterior Amenities Balcony
Building Area Total 1707
Total Parking 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32408

Price
AVG $930K
$690K
Taxes
AVG $6,499
$6,077
Year Built
AVG 2001
2005

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