4 months on rocket

Backup Offers

5004 Thomas Dr Unit 1009, Panama City, FL, 32408

$635,000

Home List Price

$7,541*

Closing Credit

2 Bedrooms
2 Full Baths
1,370 SqFt
$464/SqFt
Condo

Location

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5004 Thomas Dr Unit 1009, Panama City$635,000

Buyer Closing Credits

$7,541*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Year Built2005
HeatingElectric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Waterfront
MLS #759101
StatusAccepting Backup Offers
(Active Under Contract)

About 5004 Thomas Dr Unit 1009

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Step into beachfront paradise with this immaculate 2BR/2BA+BUNKS condo at Treasure Island, one of Panama City Beach's premiere resorts. Situated just steps from the Gulf, this unit offers stunning vistas spanning the entire coastline, perfect for capturing sunset views. The master bedroom, private balcony and living area all boast breathtaking Gulf panoramas. Meticulously maintained, the condo exudes a bright and airy ambiance with solid surface flooring throughout, lofty 9' ceilings, and floor-to-ceiling glass in the living area. It comes tastefully furnished, featuring a kitchen equipped with stainless steel appliances, granite countertops, and a convenient breakfast bar. Treasure Island is located in the tranquil east end of Panama City Beach and offers direct beach access with over 370 feet of private beach. Top-tier dining, local attractions and St Andrews State Park are all within walking distance of the resort. Enjoy amenities such as a seasonally heated gulf-front pool, a hot tub, gazebos, a fitness room, BBQ grills and covered parking. The entire resort is in outstanding condition with recent updates including exterior repainting and new windows/doors, enhancing Treasure Island's appeal and functionality. Explore all that this stunning condo has to offer - schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2005
  • Living Area: 1,370 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal
  • Interior: Breakfast Bar, High Ceilings, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Waterfront
  • Exterior: Balcony

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Panama City, take HWY 98 over the Hathaway Bridge. Make a left at the first light onto Thomas Dr. Take Thomas Drive past Captain Andersons and over the bridge. Make a right at the light. Treasure Island will be just after the turn on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $635,000
  • Price Per SqFt: $464/SqFt

HOA Fees:

  • Amount: $2575
  • 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

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5004 Thomas Dr Unit 1009 vs Panama City

149 DAYS ON ROCKET

+72 Days

$635,000

+$295.5K More

$464/SqFt

+$262 More

KEY TAKEAWAY

This property is $295.5K more than the Median Sold Price and $262/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: #759101

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

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: 11/21/2024, 6:20:52 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

$4,095

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,970

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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-384331
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.19 miles

  • Public District Grades KG-5

school-card-donut-384332
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.06 miles

  • Public District Grades PK-5

school-card-donut-384333
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.26 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. Most Panama City, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5004 Thomas Dr Unit 1009

What is the listing price of this property?

The listing price of 5004 Thomas Dr Unit 1009 property is $635,000.

What type of property is this?

The property 5004 Thomas Dr Unit 1009 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Accepting Backup Offers: 5004 Thomas Dr Unit 1009 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 5004 Thomas Dr Unit 1009 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5004 Thomas Dr Unit 1009 is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 Thomas Dr Unit 1009 is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5004 Thomas Dr Unit 1009

This home is located at 5004 Thomas Dr Unit 1009 in Panama City, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This 1,370 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $635,000.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.

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

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