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$925,000

Est. payment - /mo

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3 Beds

5 Baths

2,244 SqFt

Active

8319 Thomas DR Panama City Beach, FL 32408

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Key Details

Property Type Single Family Home

Sub Type Attached Single Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,244 sqft

Price per Sqft $412

Subdivision The Cottages Of Albacore Village

MLS Listing ID 1003734

Style Duplex

Bedrooms 3

Full Baths 3

Half Baths 2

HOA Y/N No

Year Built 2007

Annual Tax Amount $5,604

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 25 X 120

Property Sub-Type Attached Single Unit

Source Emerald Coast Association of REALTORS®

Land Area 2244

Property Description

FINANCIAL POWERHOUSE! This prime beachside asset commands an Estimated Annual Gross Rental Revenue between $85,000 - $90,000. Designed for compounding returns, this revenue is projected to increase year-over-year. By capturing highly valuable repeat guests, you will maximize occupancy rates and secure a rapidly increasing ROI from day one. Full historical data (coming soon) and future projections are available upon request. This highly-rated VRBO property is in the top 10% of guest reviews for the area, with 139 reviews in total. LUXURY COASTAL LIVING MEETS A LEGACY OF MEMORIES. This isn't just a beach house; it is a ''Love-Held'' sanctuary where generations have gathered to discover the very best of Northwest Florida. From the quiet shores of Cape San Blas to the historic charm of Pensacola, this home has served as the ultimate home base for family reunions and life-changing adventures. The current owners' children are reluctant to let it go--and for good reason. It has been a magical learning environment where the kids grew up alongside the Gulf, learning the pride of homeownership and the joy of coastal stewardship. While the family is ready to move on to their next chapter, they leave behind a home filled with soul and a foundation built for a lifetime of new traditions. PRISTINE BEACHSIDE ELEGANCE JUST STEPS FROM THE SHORE. Located on the coveted beach side of Thomas Drive--just three lots off the emerald waters--this 2,934 (total sq. ft.) Tuscan-inspired residence offers breathtaking Gulf views from the third level. The interior is a masterclass in luxury, featuring 10-foot ceilings on the first floor, granite countertops, and high-end stainless appliances. Designed to sleep 10, the layout includes three large bedrooms plus two built-in bunk areas, ensuring plenty of space for everyone to spread out. With four covered balconies, two electric fireplaces for ambience/light only, a jetted master tub, every detail has been curated for comfort and sophisticated beach living. YOUR PRIVATE OUTDOOR OASIS WITH UNMATCHED UTILITY. Step outside into your own private retreat featuring a gunite pool, recently upgraded with a new pump and filter (2022). This ''Twin Home'' attached single unit offers a rare advantage: a solid concrete divider wall that ensures absolute privacy and zero sound transfer between sides. Unlike most beach properties, parking is never an issue here. The expansive driveway accommodates up to 8 vehicles (4 side, 4 front), providing ample space to park your RV or boat right on the property--a true rarity so close to the Gulf. A TURN-KEY, COMPLETELY FURNISHED INVESTMENT. Whether you are seeking a premier primary residence or a high-performing vacation asset, this property is being sold fully furnished and ready to deliver from day one. The home features a brand-new downstairs water heater (2024), and a newer upstairs HVAC. Perfectly positioned in the quieter area of Panama City Beach, you are just a short drive from the world-class dining and shopping of 30A, Destin, Mexico Beach and Port St. Joe, while remaining tucked away in a peaceful, highly flexible coastal pocket.

Location

State FL

County Bay

Area 27 - Bay County

Zoning Commercial, Resid Multi-Family

Direction Subdivision is at the corner of Thomas Dr & Albacore on the south side of Thomas dr * Albacore is a few streets east of Joan Ave.

Rooms

Primary Bedroom Level Upper

Master Bedroom true

Dining Room true

Kitchen true

Interior

Interior Features Ceiling Crwn Molding, Washer/Dryer Hookup

Heating Central

Cooling Ceiling Fans, Central Air

Appliance Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric

Exterior

Exterior Feature Balcony, Columns, In-Ground Pool, Open Patio, Open Deck, Open Porch, Columns, Balcony

Pool Pool - In-Ground, Pool Type

Utilities Available Electric, Public Water

Waterfront Description Gulf

View Gulf

Roof Type Metal

Street Surface Paved

Porch Deck Open, Patio Open, Porch Open

Road Frontage County Road

Garage No

Building

Lot Description Within 1/2 Mile to Water

Faces Subdivision is at the corner of Thomas Dr & Albacore on the south side of Thomas dr * Albacore is a few streets east of Joan Ave.

Story 3

Sewer Public Sewer

Architectural Style Duplex

New Construction No

Schools

Elementary Schools Hutchinson Beach

Middle Schools Surfside

High Schools Arnold

Others

Pets Allowed No

Tax ID 30365-010-000

Listed by Katie L Patronis Century 21 Ryan Realty

NEARBY SCHOOL & BUSINESS

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