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Harrison Lilly Team

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

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7818 Thomas Dr , Panama City, FL 32408
$689,000
Est. Payment: $3,806.63/mo
3 Bed
3 Bath
1707 Sqft
0.05 Acres
Status: Active | Days on site: 21
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CPSFL2 - B9031
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Harrison Lilly Team
Owner/Operator

House Description

STEPS TO THE BEACH! Welcome to 7818 Thomas Drive, a coastal getaway less than 700 feet from Beach Access 16, where you can see the Gulf from your front door! Whether you've dreamed of finally owning your own Panama City Beach getaway or you're searching for a property positioned for short-term rental success, this 3-bedroom beach house delivers the LOCATION--and the LIFESTYLE. Inside, the home has been thoughtfully designed to feel like a true beach retreat, with newly painted interiors, updated furnishings, a boutique-inspired bathroom, and custom built-in bunks that maximize both sleeping space and rental appeal. All furniture and decor included in sale, making this home truly turnkey! The home comfortably sleeps up to 10, while the spacious primary suite offers its own private balcony with views of the Gulf. A newer 2025 HVAC system adds peace of mind, and the attached one-car garage with an epoxy floor provides something increasingly difficult to find this close to the beach--private storage for your vehicle, golf cart, bikes, and beach gear. Villas of Panama is an intimate community of just 10 detached beach homes surrounding a community pool maintained by the HOA, giving owners and guests the enjoyment of a pool without the individual upkeep. Add in the home's proximity to all the east end restaurants, attractions and recreation, and you have the combination beach buyers and investors look for: walkability to the Gulf, a pool, private garage, beautiful coastal interiors, and generous sleeping capacity. Even better, enjoy the rare advantage of owning this close to the Gulf while being located in desirable FLOOD ZONE X. Whether you're looking for a personal beach retreat, a vacation-rental investment, or the best of both, ''Sand Dollar Holler'' is ready to enjoy. Schedule your showing today before it's gone.

Highlights

Listed by Katilyn Scott , 850-819-5695 Compass Florida, LLC , 850-296-9769. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.05

HOA Fee

600 Quarterly

Year Built

2005

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Villas Of Panama

Listing ID

794337

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Cooktop
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Balcony, Double Vanity, Interior Steps, Tub Shower, Upper Level Primary

Exterior Features

Lot Dimensions:23.0 ft x 96.0 ft
Zoning:Resid Single Family
Sewer:Public Sewer
Principal Interest
$3,807
Taxes
$506
HOA
$600

Home Price

$689,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$137,800
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:
$3,806.63

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,806.63 $506.45 $600.00 $4,913.08
Yearly $45,679.51 $6,077.43 $7,200.00 $58,956.94
Total $1,370,385.27 $182,322.90 $216,000.00 $1,768,708.17

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, 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: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS