7824 Thomas Drive, Panama City Beach

$625,000

3 Beds
3 Baths
1,707 Sqft
.05 Acre
1 Garage

Just steps from the sugar-white sands of Panama City Beach, this income-producing vacation rental offers the location and amenities guests are looking for in a beach getaway. Currently operating as Palm Breeze Retreat, this 3-bedroom, 2.5-bath property is completely furnished, accommodates up to 10 guests and is located in the Villas of Panama with a community pool and beach access just a short walk away.

Inside, you'll find an inviting living area, dining space, and fully equipped kitchen with stainless steel appliances, stone countertops, and ample cabinetry. Sleeping arrangements are ideal for families and groups, while multiple balconies provide additional space to relax and enjoy the coastal air.

A converted garage game room adds even more guest appeal with arcade games, air hockey, darts, basketball, and more. Outdoor spaces include balconies, a patio and grill area, plus a second-floor balcony overlooking the community pool.

Located near Thomas Drive, St. Andrews State Park, dining, charter fishing, water activities, golf, shopping, and entertainment. Whether you're looking to expand your investment portfolio, own a vacation rental near the Gulf, or enjoy a beach retreat of your own, this property offers an exciting opportunity in Panama City Beach.

Essential Information
MLS® #1011397
Price$625,000
Sold Price$550,000
Date Sold$2026-09-25
Bedrooms3
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage1,707
Acres0.05
Year Built2005
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusSold
Community Information
Address7824 Thomas Drive
Area27 - Bay County
SubdivisionVillas of Panama
CityPanama City Beach
CountyBay
StateFL
Zip Code32408
Amenities
ParkingSee Remarks
# of Garages1
ViewGulf
Utilities

Electric, Phone, Public Sewer, Public Water

Interior
Interior FeaturesBreakfast Bar, Crown Molding
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Appliances

Dishwasher, Microwave, Electric Water Heater

Exterior
Exterior FeaturesBalcony
RoofMetal
Construction

Foundation Off Grade, Frame, Stucco

School Information
ElementaryHutchinson Beach
MiddleSurfside
HighArnold
Additional Information
Days on Website40
ZoningResid Single Family
Short SaleYes
Listing Details
OfficeSalty Marlin Realty
Property History
Price Reduced from $650,000 to $625,000
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 7824 Thomas Drive, Panama City Beach, FL

Photo of Listing #1012799

6706 Sunset Avenue, Panama City Beach

$499,000 - 4 Beds, 2 Baths, 1,429 Sf

MLS® # 1012799

Photo of Listing #1000834

8236 Grand Bay Boulevard, Panama City Beach

$595,000 - 4 Beds, 3 Baths, 2,943 Sf

MLS® # 1000834

Photo of Listing #1000361

1715 Wahoo Circle, Panama City Beach

$699,000 - 3 Beds, 3 Baths, 2,591 Sf

MLS® # 1000361

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 14th, 2026 at 8:22pm CDT.