6724 Thomas Drive, Panama City Beach

$599,000

2 Beds
3 Baths
1,548 Sqft
0 Acre
0 Garage

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.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.

Essential Information
MLS® #988864
Price$599,000
Bedrooms2
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage1,548
Year Built2005
TypeResidential
Sub-TypeAttached Single Unit
StyleTownhome
StatusActive
Community Information
Address6724 Thomas Drive
AreaBay County
SubdivisionSago Park Townhomes
CityPanama City Beach
CountyBay
StateFL
Zip Code32407
Amenities
Has PoolYes
PoolPool - In-Ground, Community
Utilities

Electric, Public Sewer, Public Water

Interior
HeatingHeat Cntrl Electric
CoolingAC - Central Elect
# of Stories2
Interior Features

Breakfast Bar, Ceiling Raised, Floor Vinyl, Lighting Recessed, Pantry

Appliances

Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric

Exterior
Exterior FeaturesPool - In-Ground
RoofRoof Metal
Exterior

Roof Metal, Siding CmntFbrHrdBrd

School Information
ElementaryPatronis
MiddleSurfside
HighArnold
Additional Information
ZoningResid Multi-Family
HOA Fees600.00
HOA Fees Freq.Quarterly
Listing Details
OfficeKeller Williams Realty SRB
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Listing information last updated on November 12th, 2025 at 11:54pm CST.