new - 7 days on rocket

4715 Thomas Dr Unit 605D, Panama City Beach, FL, 32408

$629,000

Home List Price

$7,469*

Closing Credit

3 Bedrooms
3 Full Baths
1,404 SqFt
$448/SqFt
Condo

Location

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4715 Thomas Dr Unit 605D, Panama City$629,000

Buyer Closing Credits

$7,469*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGated, No Garage, Parking Lot
Year Built1985
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #766190
StatusActive

About 4715 Thomas Dr Unit 605D

Investor alert! This 3-bedroom, 3-bathroom Gulf-front condo at The Commodore is a rare opportunity to own a prime income-producing property on the far east end of Panama City Beach. Featuring a separate lock-out unit, this condo offers unparalleled flexibility--rent the entire unit or split it into two rentals to maximize occupancy and income potential.Designed with rental appeal in mind, this condo offers two Gulf-facing primary bedrooms with balcony access and en-suite bathrooms, ensuring every guest enjoys breathtaking water views. The spacious third bedroom is perfect for families, featuring two sets of bunk beds to accommodate multiple guests comfortably. The large living area flows seamlessly into the open kitchen, which boasts granite countertops, a coastal white design with white appliances, and a convenient bar area for entertaining.Guests will also appreciate the private balcony for sunset views and the outside storage lock-out closet for all their beach gear. With low condo assessments, The Commodore offers outstanding amenities, including a seasonally heated pool, hot tub, and direct beach access, making it a top choice for vacationers.Located on the desirable far east end of the beach near St. Andrews State Park and local attractions, this property has strong rental income potential and is a fantastic addition to any investment portfolio. Don't miss this opportunity--schedule your private tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1985
  • Living Area: 1,404 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Gated, No Garage, Parking Lot

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From the Hathaway Bridge Travel South on Thomas Drive. After the curve by Newby's turn Left at the light and The Commodore is the first High Rise on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $629,000
  • Price Per SqFt: $448/SqFt

HOA Fees:

  • Amount: $2834
  • Frequency: Quarterly
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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

4715 Thomas Dr Unit 605D vs Panama City

7 DAYS ON ROCKET

-72 Days

$629,000

+$289.7K More

$448/SqFt

+$247 More

KEY TAKEAWAY

This property is $289.7K more than the Median Sold Price and $247/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: #766190

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: 12/21/2024, 1:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,151

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,952

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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.

Nearby Schools

school-card-donut-714653
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.48 miles

  • Public District Grades KG-5

school-card-donut-714654
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.07 miles

  • Public District Grades PK-5

school-card-donut-714655
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.17 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 $41,776. Residents of Panama City, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4715 Thomas Dr Unit 605D

What is the listing price of this property?

The listing price of 4715 Thomas Dr Unit 605D property is $629,000.

What type of property is this?

The property 4715 Thomas Dr Unit 605D is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 4715 Thomas Dr Unit 605D is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4715 Thomas Dr Unit 605D has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4715 Thomas Dr Unit 605D is 1,404 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4715 Thomas Dr Unit 605D is 1985.

Rocket Homes›Florida›Bay County›Panama City›32408›4715 Thomas Dr Unit 605D

This home is located at 4715 Thomas Dr Unit 605D in Panama City Beach, FL and zip code 32408. This 1,404 square foot home was built in 1985. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $629,000.

In November 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 33 were sold right at the asked price. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. 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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