REMODELED SHORT-TERM RENTAL located in one of the highest gross

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Townhome/Townhouse For Sale

6724 Thomas Drive

Panama City Beach, Florida 32408

Bay County

Waterfront: Yes

Community: Sago Park Townhomes

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$599,000 2 br, 3.0 bath 0 sq. ft. 0.000 acres

REMODELED SHORT-TERM RENTAL located in one of the highest gross rental areas on Thomas Drive, Sago Park. The owner has spent a fortune updating and remodeling this property including all new furnishings. The Sago Park Townhomes generate over $65,000 in consistent rental income year after year and the seller has gotten this property in premium shape to get that type of income for the new owner. In 2021, this home was completely remodeled with all new LVP Flooring, custom cabinets in all rooms, quartz countertops, and all new plumbing and lighting fixtures. It was stripped down to sheetrock and the home was completely renovated from the wall studs in. All the kitchen LG appliances were put in new in 2021. In addition, the seller did the following updates: HVAC coil replaced in September 2025. New Mini Split upstairs in August 2025 - $9,000 investment - moved off the front porch and to the side, new lighting added upstairs, new bathroom fixtures lighting and pulls updated, master ceiling fan replaced, driveway widened significantly - $5,000 investment. Smoke Detectors hard wired into the home and ready for short term rental. Townhome is an end unit that offers additional privacy and a view of the Gulf. Zoned for short term vacation rental, this quiet complex is 1 block to a dedicated beach access. The pool is just steps out the back door of the 2nd master bedroom. All the living area is upstairs with high ceilings and lots of light. There is a 1/2 bath upstairs for convenience of your guests. 2 spacious master suites with full bathrooms downstairs with completely renovated baths with new tile work, flooring, cabinetry, and fixtures. Washer/dryer downstairs off of the front master bedroom.

Interior:
  • Bedrooms: 2
  • Baths: 3.0
  • Sq Ft: 0
  • Year Built: 2005
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Electric (Heating), Ductless (Heating), Central
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: HardiplankType
  • Roof: 
  • MLS #: 781153
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Contact Information:
Beach Townhome/Townhouse For Sale in Panama City Beach, Florida
Listing Agent: Mike S Herring, Keller Williams Realty Emerald Coast, 850-321-0917, 850-654-2900 Listing Site, Listing Status: Active
Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6846145
Viewed 13 times.
Updated: Nov 19, 2025

This property is a Townhome/Townhouse located at 6724 Thomas Drive, Panama City Beach, Florida 32408, and is currently For Sale at $599,000. This Townhome/Townhouse has 2 bedrooms, 3.0 baths, 0 sq ft.