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Back 7028 Thomas Drive
Off Market

7028 Thomas Drive

Lower Grand Lagoon FL 32408

5
4
3048 sq. ft.
6098.4 sq. ft.
Single-Family
Last sold for $1,112,500
Kurt FaddenKurt Fadden, last sold this property on 12 June 2026 after 996 days on market.

Overview

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS - A premier investment and luxury coastal retreat, this custom beach home is positioned just a short 5-minute walk from Public Beach Access 15 and the iconic emerald waters of Panama City Beach. Purposefully designed to host large groups, it sleeps up to 19 guests and delivers impressive rental projections exceeding $130,000 annually. The open main level showcases a gourmet kitchen with granite countertops, stainless steel appliances, and walk-in pantry flowing seamlessly to the covered patio, private pool, and outdoor shower. The primary suite provides resort-style comfort with a soaking tub, walk-in shower, and spacious closet, while multiple bunk rooms including a third-floor bunk suite with lounge area enhance rental versatility. A second-floor family room with a wet bar opens to a sunset-view sundeck ideal for entertaining. Perfectly located on the desirable East End near local favorites like Schooners and FINNS Barista Bar & Snack Shack, this fully furnished property offers superior guest appeal and proven performance in one of PCB's strongest rental corridors.

Features

5 bedrooms
4 bathrooms
3048 sq. ft. floor area
6098.4 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 7028 Thomas Drive is $1.03m.

Median value
$1.03m
Estimated value range
$475k - $3m
Median days on market
116
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7028 Thomas Drive

2026
Sold
$1,112,500
12 Jun 2026 by Kurt Fadden, of Legacy Premier Agency LLC
2022
Sold
$250,000
22 Aug 2022 by Mari-Nikol Naydenova, of Bay to 30A Realty

Happy sellers in Lower Grand Lagoon

91%
91% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 5 bedroom single-family properties in Lower Grand Lagoon

In the last 12 months, 13 five-bedroom single-family properties similar to 7028 Thomas Drive, have been sold.

This represents a 23% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lower Grand Lagoon

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Zack Seltzer

Zack Seltzer is an award winning recommended agent for Lower Grand Lagoon.  They have 28 local sales and collected 10 local reviews across the last 12 months.

  •   5   (68 reviews)
  •  10 Reviews in Lower Grand Lagoon
  •  28 Sales in Lower Grand Lagoon
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Alice de La Penha

Alice de La Penha is an award winning recommended agent for Lower Grand Lagoon.  They have 20 local sales and collected 7 local reviews across the last 12 months.

  •   5   (144 reviews)
  •  7 Reviews in Lower Grand Lagoon
  •  20 Sales in Lower Grand Lagoon
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Sean Casilli

Sean Casilli is a recommended agent for Lower Grand Lagoon.  They have collected 6 local reviews across the last 12 months.

  •   5   (21 reviews)
  •  6 Reviews in Lower Grand Lagoon
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Tyler S Smith

Sellers who recommend Tyler S Smith have praised them for being local expert, responsive, clear communication, great negotiation, detail-oriented, well-prepared, and proactive

  •   5   (67 reviews)
  •  6 Reviews in Lower Grand Lagoon
  •  6 Sales in Lower Grand Lagoon
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