22 days on rocket

9860 S Thomas Dr Unit 1820, Panama City Beach, FL, 32408

$499,900

Home List Price

$5,936*

Closing Credit

3 Bedrooms
3 Full Baths
1,681 SqFt
$297/SqFt
Condo
Schools Nearby

Location

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9860 S Thomas Dr Unit 1820, Panama City Beach$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Garage2 spaces
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontLake Front, Sandy Shoreline
ViewGulf
MLS #757401
StatusActive

About 9860 S Thomas Dr Unit 1820

BEST GULF VIEW IN LAKETOWN WHARF RESORT!!! This SPACIOUS 3 bed/3 bath plus bunk area is ideal for family getaways. There is nothing left out. New flooring, well decorated and sold fully furnished. All appliances were bought 2022 and the HVAC, water heater and washer and dryer is from 2019. This is a great investment opportunity with STRONG numbers. Last year's approx. gross rental income was $44K. 2024 YTD gross rental income as of May 1st is $31K with reservations still booking. Laketown Wharf is conveniently located to many entertainment attractions and restaurants and just steps away from the Beach. The Resort offers fantastic amenities: a fitness center, five refreshing pools, a large freshwater lake, and 52,000 sq. ft. of lakefront boardwalk with lots of shops and restaurants. You never have to leave the resort! Can it be any better?

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2008
  • Living Area: 1,681 SqFt

Listing Office:

  • Office Name: Re/Max By The Sea

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior: Breakfast Bar, Kitchen Island, Track Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Located at the Corner of Front Beach Road and South Thomas Drive, Across from Pineapple Willy's.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $297/SqFt

HOA Fees:

  • Amount: $3707
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,279
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

Med. Sold Price

$473.2K

Med. Price/SqFt

$346

Avg. Days On Market

104

# of Sold Homes

147

9860 S Thomas Dr Unit 1820 vs Panama City Beach

22 DAYS ON ROCKET

-82 Days

$499,900

+$26.6K More

$297/SqFt

-$50 Less

KEY TAKEAWAY

This property is $26.6K more than the Median Sold Price and $50/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #757401

Listing Office:

  • Office Name: Re/Max By The Sea

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2024, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2019Home Sold
$315,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,279$263,500
2018$2,709$218,238
2017$2,479$217,175

History based on county public records data.

Payment Calculator

$3,797

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2514635
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 0.98 miles

  • Public District Grades PK-8

High School

school-card-donut-2514636
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.89 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,561. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9860 S Thomas Dr Unit 1820

What is the listing price of this property?

The listing price of 9860 S Thomas Dr Unit 1820 property is $499,900.

What type of property is this?

The property 9860 S Thomas Dr Unit 1820 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9860 S Thomas Dr Unit 1820 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 9860 S Thomas Dr Unit 1820 are:
Breakfast Point Academy: GreatSchools Rating 6/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,279 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 2019 for $315,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9860 S Thomas Dr Unit 1820 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 9860 S Thomas Dr Unit 1820 is 1,681 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9860 S Thomas Dr Unit 1820 is 2008.

Rocket HomesFloridaBay CountyPanama City Beach324089860 S Thomas Dr Unit 1820

This home is located at 9860 S Thomas Dr Unit 1820 in Panama City Beach, FL and zip code 32408 in the Long Beach neighborhood. This 1,681 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $499,900.

Panama City Beach, FL housing market in May 2024 saw over 7 listings sold above listed price, more than 19 sold at listed price and over 121 sold below. The inventory of homes for sale in Panama City Beach, FL between April 2024 and May 2024 increased by 4%. The median list price of listings available in May 2024 was $473,253, while the average time on the real estate market was 104 days.

From Rocket Homes Real Estate and based on county public records data.

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