7508 Thomas Drive, Panama City Beach, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
7508 Thomas Drive,Panama City Beach, FL 32408
$1,189,000
- 4 Beds
- 3 Baths
- 2,134 sq. ft.
- Single family
- Active
Listed by:kristy a woliver
Office:blue bird woliver realty
MLS#:778383
Source:FL_BCMLS
Price summary
- Price:$1,189,000
- Price per sq. ft.:$557.17
- Monthly HOA dues:$267
About this home
Rental Ready - Sleeps 14 - Fully Furnished - Prime Location Directly Across from Beach Access & Rick Seltzer Park - Private Backyard with Putting Green, Firepit & Cornhole - Community Pool Shared by Only 5 Homes! Welcome to The Great Escape, a short-term rental ready property in Panama City Beach that combines location, peace of mind, and income potential. This 4-bedroom, 3-bathroom home with a bonus room comfortably sleeps 14, comes fully furnished, and offers subtle Gulf views from the third floor. Located directly across from Rick Seltzer Park, guests enjoy easy beach access with a well-maintained boardwalk, outdoor showers, and one of the only lifeguard stands along the beach. Rick Seltzer Park spans 4.5 acres with 177 feet of pristine beachfront, free of condos or private homes, providing a sense of space, privacy, and natural beauty. Beyond its desirable location, this home has been completely renovated and brought up to the newly required fire code for short-term rentals, ensuring full compliance and long-term peace of mind. Key upgrades include hurricane-impact windows, new Hardie Board siding, replacement of rotted sheathing, new exterior decking, a Navien tankless water heater, updated plumbing, and a full interior remodel with new flooring, cabinetry, quartz countertops, tiled showers, recessed lighting, fixtures, trim, and built-in bunks -- and much more. The first floor features a bright, open-concept living, dining, and kitchen area with stainless steel appliances, a gas range, granite countertops, and tile backsplash. A laundry room and one of two master suites with direct backyard access are also located on this level. Upstairs, the second floor offers a spacious master suite with vaulted ceiling, king bed, private balcony, walk-in closet, and spa-like bath with soaking tub and tiled shower. You will also find two bedrooms, one featuring a twin over twin bunk and the other queen over queen bunk and a shared bath. The third floor includes a bunk/bonus area with four built-in twin bunks, a gaming nook, and a private balcony with subtle Gulf views--perfect for teens or extra guests. Out back, you'll find the only private backyard in the community, designed for low maintenance with turf and white rock. It's perfect for grilling, gathering around the firepit, playing cornhole or putting, or simply relaxing under the stars. The large community pool and hot tub are shared by just five homes, providing a quiet, low-traffic, low-maintenance option ideal for rental guests. This home is sold fully furnished, including all new bedding, spare linens, mattresses, TVs, outdoor furniture, and a fully stocked kitchen--making it completely turnkey and ready for immediate rental income. The Great Escape is more than a short-term rental; it's a one-of-a-kind coastal retreat that combines subtle Gulf views, direct beach access, a private backyard, low-maintenance amenities, and complete renovations that deliver peace of mind and strong investment potential.
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Home facts
- Year built:2002
- Listing ID #:778383
- Added:1 day(s) ago
- Updated:August 30, 2025 at 06:38 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,134 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:2002
- Building area:2,134 sq. ft.
- Lot area:0.09 Acres
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,189,000
- Price per sq. ft.:$557.17
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