7818 Thomas Drive, Panama City

$689,000

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

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.

Essential Information
MLS® #1010737
Price$689,000
Bedrooms3
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage1,707
Acres0.05
Year Built2005
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address7818 Thomas Drive
Area27 - Bay County
SubdivisionVillas of Panama
CityPanama City
CountyBay
StateFL
Zip Code32408
Amenities
# of Garages1
ViewGulf
Utilities

Electric, Public Sewer, Public Water

Interior
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Crown Molding, Kitchen Island, Recessed Lighting, Pantry, Washer/Dryer Hookup

Appliances

Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior
Exterior FeaturesBalcony
Lot Description

Sidewalk, Survey Available, Within 1/2 Mile to Water

Windows

Double Pane Windows, Window Treatments

School Information
ElementaryPatronis
MiddleSurfside
HighArnold
Additional Information
ZoningResid Single Family
Listing Details
OfficeCompass
Property History
Price Reduced from $695,000 to $689,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 15th, 2026 at 7:22am CDT.