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$650,000
3 Beds ⋅ 3 Baths ⋅ 795058 MLS
Just steps from the sugar-white sands of Panama City Beach, this income-producing vacation rental offers the location, amenities, and guest capacity that make a beach investment stand out. Currently operating as Palm Breeze Retreat, this 3-bedroom, 2.5-bath property is completely furnished, accommodates up to 10 guests and is positioned within the Villas of Panama, where the community pool and nearby beach access put vacation favorites within easy reach. Inside, the main living area provides plenty of room to gather after a day on the Gulf, with a comfortable living space, dining area, and fully equipped kitchen featuring stainless steel appliances, stone countertops, and ample cabinetry. The sleeping arrangements are designed with groups and families in mind, including a primary suite with a king bed and twin-over-twin bunks, two additional queen bedrooms, and a sleeper sofa in the living area. Multiple bedrooms offer balcony access, while the primary suite includes its own bath. One of the property's most memorable features is the converted garage game room, giving guests their own place to unwind with arcade games, air hockey, darts, basketball, and more. Outdoor spaces add even more appeal, with balconies, a lower-level patio and grill area, and a second-floor balcony overlooking the community pool. The location makes it easy for guests to enjoy Panama City Beach without spending the entire vacation in the car. Thomas Drive, St. Andrews Bay, dining, entertainment, and the beach are all nearby, while St. Andrews State Park is less than three miles away. Shopping, golf, charter fishing, water activities, family attractions, and the area's many restaurants provide plenty to explore beyond the shoreline. Whether you're searching for a beach property to enjoy yourself, an established vacation rental to add to your portfolio, or a combination of both, this property brings together guest-friendly amenities and a highly desirable location just a short walk from the Gulf.

7824 Thomas Drive, Panama City

Listing courtesy of Salty Marlin Realty LLC.

$689,000
3 Beds ⋅ 3 Baths ⋅ 794337 MLS
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.

7818 Thomas Drive, Panama City

Listing courtesy of Compass Florida, LLC.

$779,000
4 Beds ⋅ 4 Baths ⋅ 790580 MLS
Welcome to your next premier short-term rental investment on the World's Most Beautiful Beach! This spacious 4-bedroom, 3.5-bath single-family home is perfectly positioned to maximize rental income and guest satisfaction -- offering the ideal blend of comfort, location, and unbeatable coastal lifestyle. Inside, you'll find two luxurious master suites, including one with peek-a-boo Gulf views, plus a large bunk room that sleeps a crowd -- making it a favorite for family vacations and large groups. With 3.5 bathrooms and a thoughtful layout, guests enjoy the space and privacy that keeps them coming back and leaving five-star reviews. Step outside and the fun begins immediately. Walk to the beach where guests can rent chairs, hop on a jet ski, or soar above the emerald waters on a parasailing adventure -- all right at the shoreline. Cool off in the community pool or spend the day exploring everything PCB has to offer: St. Andrews State Park, multiple boat launches, Shipwreck Island Waterpark, arcades, go-kart tracks, mini golf, amusement rides, pontoon and golf cart rentals, and the iconic Pier Park. Foodies and night owls will love the proximity to local favorite restaurants, Top Golf, Dolly Parton's Dinner Theatre, and a vibrant nightlife scene. And the best is still coming -- the highly anticipated PCB Surf Club is on the horizon, adding even more draw for future guests and long-term appreciation to this already red-hot market. Whether you're looking for a turnkey vacation rental, a family beach retreat that pays for itself, or a savvy investment in one of Florida's most sought-after destinations -- 7827 Beach Dr delivers it all. Don't miss your chance to own a piece of paradise where the Gulf never gets old and the bookings never stop.

7827 Beach Drive, Panama City Beach

Listing courtesy of Christies International Real Estate Emerald Coast.