$539,000
Panama City Beach, FL 32408
MLS# 1006784
2 beds | 3 baths | 1548 sqft
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Property Description
Fully Remodeled Turnkey Vacation Rental | Exceptional Investment Opportunity | Gulf Views | Proven Income Producer. Welcome to this beautifully renovated, turnkey short-term rental located in the highly sought-after Sago Park Townhomes on Thomas Drive, one of Panama City Beach's top-performing vacation rental destinations. With neighboring townhomes consistently generating over $65,000 in annual rental income, this meticulously updated property is perfectly positioned to continue delivering outstanding returns for its next owner. No expense has been spared in transforming this home into a premium vacation rental. The property underwent a comprehensive renovation, taken down to the wall studs and completely rebuilt with quality craftsmanship and modern coastal finishes throughout. Virtually everything was replaced, including: • Luxury Vinyl Plank (LVP) flooring throughout • Custom cabinetry in the kitchen and bathrooms • Elegant quartz countertops • New plumbing and lighting fixtures • Complete bathroom renovations with custom tile work • New LG kitchen appliances • Stylish, high-quality furnishings throughout The current owner has continued investing in the property to ensure it remains in top condition, including: • New HVAC evaporator coil (September 2025) • New upstairs mini-split system (August 2025) a $9,000 upgrade, professionally relocated from the front porch to the side of the home for improved aesthetics and functionality • Updated upstairs lighting.
Details
Maps
General Property Info
userdefined76: 4
Sub-Type: Attached Single Unit
Design: Townhome
SqFt Source: County PA Records
Garage: No
Carport: No
Driveway Spaces: 4
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 1548
Bedrooms: 2
Full Baths: 2
Half Baths: 1
Total Bathrooms: 3
# Stories: 2
Year Built: 2005
Acreage: 0.04
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 348.19
List Date: 2026-07-02
Current Price: $539,000
List Price: $539,000
Location, Tax and Legal
Sub Area: 2723 - Beach - South of Grand Lagoon
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Legal Description: SAGO PARK TOWNHOMES LOT 1 ORB 3305 P 1084
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 600
Annual Assessment Amount: 2400
Assessment Paid: Quarterly
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Fully Remodeled Turnkey Vacation Rental | Exceptional Investment Opportunity | Gulf Views | Proven Income Producer. Welcome to this beautifully renovated, turnkey short-term rental located in the highly sought-after Sago Park Townhomes on Thomas Drive, one of Panama City Beach's top-performing vacation rental destinations. With neighboring townhomes consistently generating over $65,000 in annual rental income, this meticulously updated property is perfectly positioned to continue delivering outstanding returns for its next owner. No expense has been spared in transforming this home into a premium vacation rental. The property underwent a comprehensive renovation, taken down to the wall studs and completely rebuilt with quality craftsmanship and modern coastal finishes throughout. Virtually everything was replaced, including: • Luxury Vinyl Plank (LVP) flooring throughout • Custom cabinetry in the kitchen and bathrooms • Elegant quartz countertops • New plumbing and lighting fixtures • Complete bathroom renovations with custom tile work • New LG kitchen appliances • Stylish, high-quality furnishings throughout The current owner has continued investing in the property to ensure it remains in top condition, including: • New HVAC evaporator coil (September 2025) • New upstairs mini-split system (August 2025) a $9,000 upgrade, professionally relocated from the front porch to the side of the home for improved aesthetics and functionality • Updated upstairs lighting.
Construction Status
Construction Complete: 1
Waterview
Gulf: 1
Construction/Siding
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
Zoning
Resid Multi-Family: 1
Exterior
Pool - In-Ground: 1
Interior
Breakfast Bar: 1
Ceiling Raised: 1
Floor Vinyl: 1
Lighting Recessed: 1
Pantry: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Stove/Oven Electric: 1
Energy
AC - Central Elect: 1
Heat Cntrl Electric: 1
Water Heater - Elect: 1
Mstr Bdrm/Mstr Bath
MBath Shower Only: 1
MBed Walk-in Closet: 1
Master Bedroom
First: 1
Kitchen
Second: 1
Full Bathroom
First: 1
Half Bathroom
Second: 1
Rooms
Balcony: 1
Dining Area: 1
Full Bathroom: 1
Great Room: 1
Half Bathroom: 1
Kitchen: 1
Laundry: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Management: 1
Master Association: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 27 - Bay County
Street #: 6724
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: Sago Park Townhomes
Parcel ID: 30691-101-000
Property Features
Construction Status: Construction Complete
Zoning: Resid Multi-Family
Waterview: Gulf
Exterior: Pool - In-Ground
Interior: Breakfast Bar; Ceiling Raised; Floor Vinyl; Lighting Recessed; Pantry
Appliances: Dishwasher; Disposal; Microwave; Refrigerator; Stove/Oven Electric
Utilities: Electric; Public Sewer; Public Water
Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect
Master Bedroom: First
Kitchen: Second
Full Bathroom: First
Half Bathroom: Second
Rooms: Balcony; Dining Area; Full Bathroom; Great Room; Half Bathroom; Kitchen; Laundry; Master Bedroom
Fees Include: Accounting; Management; Master Association
Supplements
" New bathroom lighting, fixtures, and cabinet hardware " New ceiling fan in the primary suite " Expanded driveway with approximately $5,000 in improvements " Hard-wired smoke detector system, fully compliant and ready for continued short-term rental operation. As a desirable end-unit townhome, this residence offers added privacy, extra natural light, and even a glimpse of the Gulf. Located just one block from dedicated beach access, you'll enjoy the perfect combination of peaceful surroundings and unbeatable convenience. The thoughtfully designed floor plan features the main living area upstairs, where soaring ceilings and abundant natural light create an inviting space for entertaining. Guests will appreciate the convenient upstairs half bath, while downstairs you'll find two spacious primary suites, each with beautifully renovated private bathrooms featuring custom tile, modern cabinetry, updated fixtures, and designer finishes. The laundry area, complete with washer and dryer, is conveniently located on the lower level. Step outside the rear door of the second primary suite and you'll find the community pool just steps away, making this an ideal retreat for owners and vacation guests alike. Whether you're searching for a high-performing investment property, a second home, or the perfect beach getaway, this exceptional Sago Park townhome offers proven rental income, premium renovations, Gulf views, and an unbeatable Thomas Drive location just moments from the sugar-white sands of Panama City Beach. This is the turnkey investment opportunity you've been waiting for!
Agent to Agent Remarks: Please use Showing Time. Vacant and easy to show. Seller located their forever home and is selling this. They planned on renting it but life had different plans. Supra on side door (left side of home). Key in Supra controls the front door, not the side door. Please call Mike Herring, 850.321.0917, if you need additional information.
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Master Bedroom | First | 17 x 11 | 17.00 | 11.00 | Front Master Bedroom | 17 x 11 |
| Master Bedroom | First | 17 x 11 | 17.00 | 11.00 | Back Master Bedroom | 17 x 11 |
| Great Room | Second | 17 x 13 | 17.00 | 13.00 | All living areas upstairs with Gulf views | 17 x 13 |
| Dining Area | Second | 13 x 8 | 13.00 | 8.00 | Measurements approximate; buyer to verify | 13 x 8 |
| Kitchen | Second | 13 x 11 | 13.00 | 11.00 | 13 x 11 | |
| Full Bathroom | First | 9 x 5 | 9.00 | 5.00 | 9 x 5 | |
| Laundry | First | 5 x 3 | 5.00 | 3.00 | 5 x 3 | |
| Half Bathroom | Second | 7 x 3 | 7.00 | 3.00 | 7 x 3 | |
| Balcony | Second | 11 x 7 | 11.00 | 7.00 | 11 x 7 |
Listing Office: Keller Williams Realty SRB
Last Updated: July - 13 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.