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    6606 Thomas Dr #A Panama City, FL 32408

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    For Sale
    $975,000

    Modern duplex near the beach, perfect for short-term rentals.

    Property size:
    2,560 SF
    Lot size:
    0.14 Acres

    Property Features for 6606 Thomas Dr #A

    General Information

    Size
    2,560 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    2023

    Source: Keller Williams Success Realty Agent Nikol Naydenova

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Duplex Near Beach

    This duplex is designed for vacation rentals and located a short walk from the beach. Each unit (A & B) features 3 bedrooms, 3.5 baths, a bunk bed area, and an open-concept living space. Each unit accommodates up to 10 guests, for a total of 20. The property features 10-foot ceilings, custom accent walls, LVP flooring, tiled walk-in showers, and two 5x40 ft covered balconies. The duplex is equipped with modern kitchen appliances, two tankless water heaters, and two HVAC systems with smart thermostats. Outside, there are two large fenced yards, each with a gazebo, gas grill, and outdoor dining/lounge space. The property is located on Thomas Dr, near restaurants, shopping, and local attractions. There are no HOA fees. The 2024 gross rental income was $124,000, and 2025 bookings already exceed $106,000.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.756
    Latitude
    30.1593

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    FAQs

    What type of property is this?
    Duplex - Modern duplex near the beach, perfect for short-term rentals.
    Where is this duplex located?
    The property is located at 6606 Thomas Dr #A Panama City, FL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Turnkey duplex: Fully furnished and ready for immediate short-term rentals.; - Prime location: Just a 3-minute walk to the beach.; - High rental income potential: $124,000 gross in 2024, with $106,000+ already booked for 2025.
    Request Owner's contact information
    6606 Thomas Dr #A Panama City, FL 32408
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    Panama City, FL 32408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6606 Thomas Dr #A Panama City, FL 32408
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