Back 7420 Thomas Drive
Off Market

7420 Thomas Drive

Lower Grand Lagoon FL 32408

4
4
2375 sq. ft.
3000 sq. ft.
Single-Family
Last sold for $835,880
Mindi SatoMindi Sato, last sold this property on 15 May 2026 after 542 days on market.

Overview

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. If owning a beach property in Panama City Beach is on your list, this fully furnished three-story vacation home is ready to go and has no HOA restrictions. Designed to comfortably accommodate up to 16 guests, the home offers beautiful Gulf views, a private fenced backyard with a pool, and a location just steps from the sand. The spacious 25' x 18' third-floor balcony is the perfect place to take in the Gulf scenery. Positioned directly across from Rick Seltzer Park, the views are protected and unlikely to change. Step inside from the covered front porch into a bright open-concept living, dining, and kitchen area featuring a fireplace, 11-foot ceilings, crown molding, and tile flooring throughout. The kitchen is designed for entertaining with granite countertops, a large island with breakfast bar seating, solid wood cabinetry, stainless steel appliances, and a generous walk-in pantry. Toward the rear of the first floor you'll find a spacious laundry room, a full bathroom with granite counters and a tub/shower combo, and a bedroom with a large walk-in closet and direct access to the bathroom. A side entrance near the staircase leads outside to a private walkway and gated backyard, where the pool and fully fenced yard create a great space for guests who want to alternate between the pool and the Gulf. Head up to the second level where the primary suite awaits. This retreat includes two closets, a private balcony overlooking the Gulf, and an ensuite bath with granite countertops, a jetted soaking tub, and a glass-enclosed walk-in shower. Another bedroom on this floor includes an owner's closet and its own full bathroom with granite counters and a tub/shower combination. The third floor serves as an entertainment space, featuring a second living area with 11-foot ceilings, tile floors, a wet bar with granite counters, a half bath, large sofas (including a sleeper), and a bunk bed--perfect for gathering or additional sleeping space. From here, step out onto the oversized 25' x 18' deck where you can enjoy unobstructed Gulf views while dining at the outdoor table and chairs. Built with weather-resistant Trex Decking and durable Hardie board siding, the home was designed for low exterior maintenance. The property is beautifully furnished and completely turn-key, making it ideal as a vacation rental or second home. Across the street, Rick Seltzer Park provides easy public beach access with restrooms, outdoor showers, and seasonal lifeguards. A nearby crosswalk allows for safe and convenient access to the beach. You'll also be close to some of the area's best attractions, including dining, shopping, boating, marinas, bike rentals, amusement parks, and St. Andrews State Park. This three-story beach home offers the perfect opportunity to enjoy the best of Panama City Beach living. and vacationing.

Features

4 bedrooms
4 bathrooms
2375 sq. ft. floor area
3000 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 7420 Thomas Drive is $680k.

Median value
$680k
Estimated value range
$260k - $2.45m
Median days on market
56
Estimated value trend
2%
increase 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 7420 Thomas Drive

2026
Sold
$835,880
15 May 2026 by Mindi Sato, of Keller Williams Success Realty
2015
Sold
$415,000
01 May 2015 by Todd Gorrell, of My Florida Realty

Happy sellers in Lower Grand Lagoon

89%
89% 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 19 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 4 bedroom single-family properties in Lower Grand Lagoon

In the last 12 months, 85 four-bedroom single-family properties similar to 7420 Thomas Drive, have been sold.

This represents a 1% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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