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6724 Thomas Dr Panama City Beach, FL 32407

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For Sale
$599,000

Remodeled townhome on Thomas Drive, generating consistent rental income.

Building Details

Year built
2005
Source: Elliman

Listing Agency: Keller Williams Realty SRB

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


Overview

Remodeled Short-Term Rental Property

This remodeled townhome is located in Sago Park on Thomas Drive, an area known for high gross rental income. The property has been updated with new furnishings. The owner reports that Sago Park Townhomes generate over $65,000 in consistent rental income annually. In 2021, the home was completely remodeled, including new LVP flooring, custom cabinets in all rooms, and quartz countertops. All plumbing and lighting fixtures were also replaced. The renovation involved stripping the property down to the sheetrock and completely renovating it from the wall studs.
Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Panama City Beach
County
Bay
State
Florida
Longitude
-85.7696549
Latitude
30.1551731

FAQs

What type of property is this?
Short term rental property - Remodeled townhome on Thomas Drive, generating consistent rental income.
Where is this short term rental property located?
The property is located at 6724 Thomas Dr Panama City Beach, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: - High gross rental income area (Sago Park on Thomas Drive); - Proven short-term rental income history (over $65,000 annually); - Completely remodeled in 2021 (down to the studs)
More about this property
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