6 months on rocket

5004 Thomas Dr Unit 1209, Panama City Beach, FL, 32408

$619,900

Home List Price

$7,361*

Closing Credit

2 Bedrooms
2 Full Baths
1,370 SqFt
$452/SqFt
Condo

Location

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5004 Thomas Dr Unit 1209, Panama City$619,900

Buyer Closing Credits

$7,361*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Year Built2005
HeatingElectric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Waterfront
MLS #755216
StatusActive

About 5004 Thomas Dr Unit 1209

**SOLID SURFACE FLOORING THROUGHOUT** Here's your opportunity to own a unit at one of the best resorts in Panama City Beach! This spacious 2BR/2BA condo with built-in bunks comfortably sleeps 8 and offers breathtaking views of the Gulf from its prime location. Treasure Island boasts one of the largest two-bedroom floor plans on the beach, complete with large private balconies that provide unparalleled vistas along the entire coastline to the west. The master bedroom and living area are also strategically positioned to face the Gulf. Enjoy the style of vinyl plank flooring in the living and bedroom areas, complemented by tiled floors in the kitchen and bathrooms for effortless maintenance. Sold fully furnished, this unit features a king bed in the master, a queen bed in the guest bedroom, twin bunks, and a sleeper sofa in the living room. The fully-equipped kitchen with breakfast bar and a full-size washer and dryer in the laundry room add to the convenience. Situated directly on the beach with over 370 feet of white sand reserved just for guests, the resort is ideally located on the quiet east end of Panama City Beach, within walking distance to St Andrews State Park, marinas, golf courses, and popular restaurants. While its location close to many of the area's attractions is a major draw, Treasure Island keeps its guests occupied on-site with a host of resort amenities including a gulf-front (seasonally heated) pool, hot tub, gazebos, fitness room and BBQ grills. This unit comes with a reserved parking space in the covered garage. Schedule your viewing 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: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
  • Interior: Breakfast Bar

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)

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

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: $619,900
  • Price Per SqFt: $452/SqFt

HOA Fees:

  • Amount: $2575
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $4,069
  • 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

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5004 Thomas Dr Unit 1209 vs Panama City

206 DAYS ON ROCKET

+129 Days

$619,900

+$280.4K More

$452/SqFt

+$250 More

KEY TAKEAWAY

This property is $280.4K more than the Median Sold Price and $250/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: #755216

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: 11/2/2024, 9:20:51 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

Aug 29, 2005Home Sold
$550,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,069$335,750
2018$3,420$270,100
2017$3,425$268,600

History based on county public records data.

Payment Calculator

$4,019

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

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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.

Elementary School

school-card-donut-102550
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.15 miles

  • Public District Grades PK-5

Middle School

school-card-donut-102551
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 7.58 miles

  • Public District Grades 6-8

High School

school-card-donut-102552
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.70 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. Typical income of Panama City, FL residents is between $35k-100k annually. Most 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 5004 Thomas Dr Unit 1209

What is the listing price of this property?

The listing price of 5004 Thomas Dr Unit 1209 property is $619,900.

What type of property is this?

The property 5004 Thomas Dr Unit 1209 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5004 Thomas Dr Unit 1209 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5004 Thomas Dr Unit 1209 are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
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 $4,069 (source: MLS/based on county public records data).

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

The last sale was on August 29, 2005 for $550,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5004 Thomas Dr Unit 1209 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5004 Thomas Dr Unit 1209 is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 Thomas Dr Unit 1209 is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5004 Thomas Dr Unit 1209

This home is located at 5004 Thomas Dr Unit 1209 in Panama City Beach, 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 April 09, 2024 and is currently priced at $619,900.

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. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $339,477, while the average time on the real estate market was 77 days.

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

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