2 months on rocket

277 Hugh Thomas Dr, Panama City, FL, 32404

$699,500

Home List Price

$8,307*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,900 SqFt
$241/SqFt
House

Location

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277 Hugh Thomas Dr, Panama City$699,500

Buyer Closing Credits

$8,307*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year Built1991
HeatingHeat Pump, Central
CoolingCeiling Fan(s), Central Air
WaterfrontBayou
ViewBayou
MLS #958991
Lot Size0.37 Acres
StatusActive

About 277 Hugh Thomas Dr

Offering incredible waterfront living, this single-story home sits on a generous one-third acre lot with a private boat dock with power, water, and gulf access. A broad driveway sweeps past Pindo Palm trees as it heads to the two-car garage and custom front door. High vaulted ceilings and natural wood beams draw your eyes upward until you see the stunning bayou through the low-sill windows and sliding glass doors designed to maximize the waterfront view. The expansive great room is large enough for entertaining yet cozy enough to put your feet up in front of the TV. Polished hardwood flooring leads the way through an open arch into the formal dining room and a second lounge area. The new bay window with a custom built bench seat and storage underneath perfectly frames the view. Practicality meets luxury in the well-appointed kitchen with granite countertops and ample storage. Beyond another arched doorway, a neat office area has a built-in desk. The master bedroom is a spacious private sanctuary with access to an enclosed porch. The whirlpool tub in the ensuite bathroom is the perfect place to relax. A twin vanity, upgraded Kohler toilet and separate walk-in shower complete the ensemble. Three additional bedrooms down a private hallway enjoy various views of the landscaped yard. The spacious enclosed Florida room benefits from tinted windows. Heated and cooled, it provides a place to relax, read or watch passing watercraft and you can also enjoy the beautiful wildlife like wood ducks, bald eagles, dolphins and manatees that frequent the bayou. In the backyard you will also find a mature pear tree perfect for a nice healthy snack. The home sits high and dry at 14 feet above the bayou. The fenced yard is bordered by 81 feet of private waterfront and has a re-finished 48-foot dock and boat lift with power and water for your watercraft. Theres a separate shed/workshop with a custom loft perfect for extra storage and a roll-up door for stowing lawn and boat gear. Built to hurricane code, it has a new roof, power and air conditioning. The home has many more refinements, including replacement windows, new ceiling fans and a new front door. Additional highlights include the recently replaced Spanish tile roof and top-of-the-line HVAC. Theres also a shallow well for irrigation with a five zone automatic sprinkler system and a hard-wired Ring security system. The cherry on top is no HOA! Located in a fast growing and tranquil waterfront community, this home offers the flexibility of being just outside city limits. Callaway has experienced growth and development over the recent years, with a range of residential neighborhoods, schools, and local businesses. Its location in Callaway provides easy access to Tyndall Air Force Base, the beautiful beaches along the Gulf of Mexico, along with nearby shopping, dining, and entertainment. Experience the relaxed lifestyle this waterfront paradise offers on Grimes Callaway Bayou Estates. Whether youre looking for a permanent residence, a vacation home or an investment property, this home provides an unparalleled opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1991
  • Stories: 1
  • Living Area: 2,900 SqFt

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Phone: (850) 231-6052
  • Listing Agent: Jabbour Luxury Group, Ginger Lindsey

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator, Ice Maker, Security System, Electric Oven, Washer
  • Flooring Type: Hardwood, Tile, Carpet
  • Interior: Breakfast Bar, Beamed Ceilings, Raised Ceiling, Vaulted Ceilings, Pantry, Pull Down Stairs, Washer/Dryer Hookups, Window Bay, Window Treatment(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bayou
  • View: Bayou
  • Exterior: Boatlift, Dock, Fenced Back Yard, Fenced Chain Link, Lawn Pump, Patio Enclosed, Patio Open, Porch, Porch Open, Yard Building

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Covenant/Restriction, Sidewalk, Survey Available, Within 1/2 Mile to Water
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Take US-98 E towards Panama City/Callaway. Turn left onto FL-22 E. Take the first right onto Hugh Thomas Dr. House is the 4th home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,500
  • Price Per SqFt: $241/SqFt

Tax Information:

  • Annual Amount: $2,556
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

277 Hugh Thomas Dr vs Panama City

67 DAYS ON ROCKET

-10 Days

$699,500

+$360K More

$241/SqFt

+$39 More

KEY TAKEAWAY

This property is $360K more than the Median Sold Price and $39/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #958991

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Phone: (850) 231-6052
  • Listing Agent: Jabbour Luxury Group, Ginger Lindsey

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 11/18/2024, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 03, 2000Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,556$234,786
2018$2,456$235,172
2017$2,551$235,408

History based on county public records data.

Payment Calculator

$3,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,164

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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.

Nearby Schools

school-card-donut-764138
3
/10
  • Callaway Elementary School

  • 7115 E Highway 22

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-764139
3
/10
  • Parker Elementary School

  • 640 S Highway 22 A

  • 2.79 miles

  • Public District Grades PK-5

school-card-donut-764140
1
/10
  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 4.33 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,667. The most common annual income of people living in Panama City, FL is between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 277 Hugh Thomas Dr

What is the listing price of this property?

The listing price of 277 Hugh Thomas Dr property is $699,500.

What type of property is this?

The property 277 Hugh Thomas Dr is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 277 Hugh Thomas Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,556 (source: MLS/based on county public records data).

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

The last sale was on July 3, 2000 for $200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 277 Hugh Thomas Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 277 Hugh Thomas Dr is 2,900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 277 Hugh Thomas Dr is 1991.

Rocket HomesFloridaBay CountyPanama City32404277 Hugh Thomas Dr

This home is located at 277 Hugh Thomas Dr in Panama City, FL and zip code 32404 in the Grimes Callaway Bayou Estates neighborhood. This 2,900 square foot home, which was built in 1991, sits on a 0.37 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $699,500.

Over 16 listings were sold over their listed price in October 2024 in Panama City, FL. In the same period over 138 listings were sold below the listed price and 40 listings were sold for the listed price. The number of listings in Panama City, FL decreased by 1.7% between September 2024 and October 2024. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.

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

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