2 months on rocket

285 Hugh Thomas Dr, Panama City, FL, 32404

$725,000

Home List Price

$8,609*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
2,438 SqFt
$297/SqFt
House

Location

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285 Hugh Thomas Dr, Panama City$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage3 spaces
Year Built2024
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontBayou
ViewBayou
MLS #763312
Lot Size0.44 Acres
StatusActive

About 285 Hugh Thomas Dr

Discover your dream home located on Calloway Creek just miles from the charm of Historic St. Andrews and downtown Panama City known for its quaint shops, dining & entertainment. This beautifully crafted NEW construction waterfront property, offering the perfect blend of modern living and tranquil waterfront beauty on nearly a half acre lot. Imagine waking up to breathtaking water views & enjoying the convenience of adding your own private dock or luxurious pool to create the ultimate outdoor oasis. Navigate Callaway Creek all the way to Callaway Bayou & Shell Island. Enjoy true serenity and activities like fishing, paddling, kayaking & boating right from home. Don't miss this rare opportunity to own a beautifully appointed home in paradise with NO HOA! Prime location near Tyndall AFBInterior offers beautiful architectural details like wood vaulted ceilings, incredible pocket sliders bringing the outside in and upscale state of the art kitchen. Additional features are ensuite bathrooms for every room, stainless appliances, Quartz countertops, an open floor plan ideal for entertaining and premier indoor/outdoor living with an expansive covered back porch. The lot is large enough for a pool and you can add a dock for easy access to the water. Not one but two bedrooms are waterfront and you can capture the same stunning views from the living & dining area and kitchen. The main living areas and primary bedroom features luxury vinyl flooring. The ensuite bathrooms are impressive with custom tiled showers and the primary also offers a large soaking tub to unwind in. There is a half bath off the kitchen which is ideal while entertaining. There is nice storage with the 3-car garage and plenty of parking. Don't miss out on this amazing opportunity to own an exceptional waterfront new construction home and the chance to embrace the ultimate coastal lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 2,438 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior: Breakfast Bar, High Ceilings, Recessed Lighting, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Bayou
  • View: Bayou
  • Exterior: Columns, Sprinkler/Irrigation

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Virtual/3D Tour

  • 3D Tour: 285 Hugh Thomas Dr
3D Tour

Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From US-98/Emerald Coast Pkwy turn onto FL-22 E, turn right onto Hugh Thomas Dr., property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $297/SqFt

Tax Information:

  • Annual Amount: $876
  • Tax Year: 2020
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Housing Market Comparison

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

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Panama City, FL

City

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

285 Hugh Thomas Dr vs Panama City

81 DAYS ON ROCKET

+2 Days

$725,000

+$385.7K More

$297/SqFt

+$96 More

KEY TAKEAWAY

This property is $385.7K more than the Median Sold Price and $96/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #763312

Listing Office:

  • Office Name: EXP Realty LLC

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: 12/22/2024, 4:20:58 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

Jul 21, 2020Home Sold
$960,000
Mar 31, 2020Home Sold
$960,000
Feb 07, 2020Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$876$65,475
2018$792$62,017
2017$800$60,341

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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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-875190
3
/10

  • Callaway Elementary School

  • 7115 E Highway 22

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-875191
3
/10

  • Parker Elementary School

  • 640 S Highway 22 A

  • 2.87 miles

  • Public District Grades PK-5

school-card-donut-875192
1
/10

  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 4.39 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,667. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in married, 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 285 Hugh Thomas Dr

What is the listing price of this property?

The listing price of 285 Hugh Thomas Dr property is $725,000.

What type of property is this?

The property 285 Hugh Thomas Dr is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 285 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 $876 (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 21, 2020 for $960,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 285 Hugh Thomas Dr has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 285 Hugh Thomas Dr is 2,438 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 285 Hugh Thomas Dr is 2024.

Rocket Homes›Florida›Bay County›Panama City›32404›285 Hugh Thomas Dr

This home is located at 285 Hugh Thomas Dr in Panama City, FL and zip code 32404 in the Grimes Callaway Bayou Estates neighborhood. This 2,438 square foot home, which was built in 2024, sits on a 0.44 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $725,000.

In November 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 120 were sold below. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.

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

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