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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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6724 Thomas Dr , Panama City Beach, FL 32408
$539,000
Est. Payment: $2,733.71/mo
2 Bed
3 Bath
1548 Sqft
Status: active | Days on site: 15
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Fully Remodeled Turnkey Vacation Rental | Exceptional Investment Opportunity | Gulf Views | Proven Income Producer. Welcome to this beautifully renovated, turnkey short-term rental located in the highly sought-after Sago Park Townhomes on Thomas Drive, one of Panama City Beach's top-performing vacation rental destinations. With neighboring townhomes consistently generating over $65,000 in annual rental income, this meticulously updated property is perfectly positioned to continue delivering outstanding returns for its next owner. No expense has been spared in transforming this home into a premium vacation rental. The property underwent a comprehensive renovation, taken down to the wall studs and completely rebuilt with quality craftsmanship and modern coastal finishes throughout. Virtually everything was replaced, including: • Luxury Vinyl Plank (LVP) flooring throughout • Custom cabinetry in the kitchen and bathrooms • Elegant quartz countertops • New plumbing and lighting fixtures • Complete bathroom renovations with custom tile work • New LG kitchen appliances • Stylish, high-quality furnishings throughout The current owner has continued investing in the property to ensure it remains in top condition, including: • New HVAC evaporator coil (September 2025) • New upstairs mini-split system (August 2025) a $9,000 upgrade, professionally relocated from the front porch to the side of the home for improved aesthetics and functionality • Updated upstairs lighting • New bathroom lighting, fixtures, and cabinet hardware • New ceiling fan in the primary suite • Expanded driveway with approximately $5,000 in improvements • Hard-wired smoke detector system, fully compliant and ready for continued short-term rental operation. As a desirable end-unit townhome, this residence offers added privacy, extra natural light, and even a glimpse of the Gulf. Located just one block from dedicated beach access, you'll enjoy the perfect combination of peaceful surroundings and unbeatable convenience. The thoughtfully designed floor plan features the main living area upstairs, where soaring ceilings and abundant natural light create an inviting space for entertaining. Guests will appreciate the convenient upstairs half bath, while downstairs you'll find two spacious primary suites, each with beautifully renovated private bathrooms featuring custom tile, modern cabinetry, updated fixtures, and designer finishes. The laundry area, complete with washer and dryer, is conveniently located on the lower level. Step outside the rear door of the second primary suite and you'll find the community pool just steps away, making this an ideal retreat for owners and vacation guests alike. Whether you're searching for a high-performing investment property, a second home, or the perfect beach getaway, this exceptional Sago Park townhome offers proven rental income, premium renovations, Gulf views, and an unbeatable Thomas Drive location just moments from the sugar-white sands of Panama City Beach. This is the turnkey investment opportunity you've been waiting for!

Highlights

Listed by Mike S Herring , 850-321-0917 and Danielle L Parsons , 850-963-7252 Keller Williams Realty Emerald , 850-654-2900. Bay County Association of REALTORS

Property Type

Condo/Townhome

Lot/Acreage
0.04

HOA Fee

Year Built

2005

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Sago Park Townhomes

Listing ID

792101

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Convection Oven, Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s),Ductless
Fireplaces:
Other:
  • Additional:Main Level Primary, Shower Only, Tub Shower, Walk-In Closet(s)

Exterior Features

Lot Dimensions:20.0 ft x 100.0 ft
Zoning:Resid Multi-Family
Roof:Metal
Sewer:Public Sewer
Principal Interest
$2,734
Taxes
$344
HOA
$0

Home Price

$539,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$107,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,733.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,733.71 $343.61 $0.00 $3,077.32
Yearly $32,804.48 $4,123.35 $0.00 $36,927.83
Total $984,134.27 $123,700.50 $0.00 $1,107,834.77

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

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