8319 Thomas Drive East Side, Panama City Beach, FL 32408 (MLS# 789978)

List Price/SqFt: 412.21

Status: Active

List Date: 2026-05-16

List Price: $925,000

Current Price: $925,000

Unit #: East Side

Sub Area: 0319 - Beach - East

Community/Resort: Bel Air

Waterfront: No

Elementary School: Hutchison Beach

Middle School: Surfside

High School: Arnold

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.

Area: 03 - Bay County - Beach

Street #: 8319

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Bel Air

Parcel ID: 30365-010-000

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

Design: Duplex

Apx SqFt(Htd/Cooled): 2244

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 2

# of Stories in Building: 3

# of Units in Bldg: 2

Lot Dimensions: 25x120

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Private

Sub-Type: Attached Single Unit

Bedrooms: 3

Full Baths: 3

Total Baths: 5

Year Built: 2007

HOA Fee: No

New Buyer Fee: No

Last Taxes: 5605

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: 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 2,400 sq. ft. Tuscan-inspired residence offers breathtaking Gulf views from the third level. The interior is a masterclass in luxury, featuring 10-foot ceilings on the first floor, granite countertops, and high-end stainless appliances. Designed to sleep 10, the layout includes three large bedrooms plus two built-in bunk areas, ensuring plenty of space for everyone to spread out. With four covered balconies, two electric fireplaces for ambience/light only, a jetted master tub, and a central vacuum system, every detail has been curated for comfort and sophisticated beach living. YOUR PRIVATE OUTDOOR OASIS WITH UNMATCHED UTILITY. Step outside into your own private retreat featuring a gunite pool, recently upgraded with a new pump and filter (2022). This ''Twin Home'' attached single unit offers a rare advantage: a solid concrete divider wall that ensures absolute privacy and zero sound transfer between sides. Unlike most beach properties, parking is never an issue here. The expansive driveway accommodates up to 8 vehicles (4 side, 4 front), providing ample space to park your RV or boat right on the property--a true rarity so close to the Gulf. A TURN-KEY, COMPLETELY FURNISHED INVESTMENT. Whether you are seeking a premier primary residence or a high-performing vacation asset, this property is being sold fully furnished and ready to deliver from day one. The home features a brand-new downstairs water heater (2024), and a newer upstairs HVAC. Perfectly positioned in the quieter area of Panama City Beach, you are just a short drive from the world-class dining and shopping of 30A, Destin, Mexico Beach and Port St. Joe, while remaining tucked away in a peaceful, highly flexible coastal pocket.

First: 1

Fenced: 1

Gunite Concrete: 1

Inground: 1

Ceiling - Crwn Molding: 1

Roof - Metal: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Furnished: 1

Bunk Room: 1

First: 1

First: 1

Within 1/2 Mile to Water: 1

County Road: 1

Additional Parking: 1

Boat: 1

Driveway: 1

RV Access/Parking: 1

Commercial: 1

Resid Single Family: 1

Other - See Remarks: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

TV Cable: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

As Is: 1

Other: 1

See Remarks: 1