8319 Thomas Drive
Panama City Beach, FL 32408
$895,000
Active
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
Listing details MLS# 1003734
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2723 - Beach - South of Grand Lagoon
- Subdivision
- THE COTTAGES OF ALBACORE VILLAGE
- County
- Bay
- Parcel ID
- 30365-010-000
- Tax year
- 2025
- Annual tax
- 5604.62
- Legal description
- BEL AIR ELY 1/2 OF LOT 5 BLK 13 DESC AS BEG E COR LOT 5 BLK 13 TH NWLY ALG S ROW OF THOMAS DR 23.81', SWLY 119.93', SELY 25.37' TO W ROW LI OF ALBACORE TH 119.90' TO POB ORB 3294 P 1552
- Zoning
- Commercial, Resid Multi-Family
General Property Info
- Property type
- Residential
- Year built
- 2007
- Acreage
- 0.07
- Lot size (sq ft)
- 3049.2
- Lot dimensions
- 25 X 120
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 3
- Bathrooms
- 5
- Full baths
- 3
- Half baths
- 2
- Building area
- 2244
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Interior features
- Ceiling Crwn Molding, Washer/Dryer Hookup
- Appliances
- Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
- Total rooms
- 6
Exterior and Site
- Construction
- Siding CmntFbrHrdBrd, Stucco
- Roof
- Roof Metal
- Exterior features
- Balcony, Columns
- Patio and porch
- Deck Open, Patio Open, Porch Open
- Pool features
- Pool - In-Ground, Pool Type
- View
- Gulf
- Road surface
- Paved
- Road frontage
- County Road
Utilities
- Utilities
- Electric, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Hutchinson Beach
- Middle school
- Surfside
- High school
- Arnold
Remarks and Misc
- Directions
- 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.
