1 year on rocket

5004 Thomas Dr Unit 1507, Panama City Beach, FL, 32408

$649,900

Home List Price

$7,718*

Closing Credit

2 Bedrooms
2 Full Baths
1,370 SqFt
$474/SqFt
Condo

Location

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5004 Thomas Dr Unit 1507, Panama City$649,900

Buyer Closing Credits

$7,718*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air
WaterfrontGulf
ViewGulf
Private PoolYes
MLS #747664
StatusActive

About 5004 Thomas Dr Unit 1507

Welcome to Treasure Island. This spacious unit includes a large balcony and Gulf views throughout most of the condo. Accommodating up to eight guests, Treasure Island will have you and your guests returning year after year. The kitchen has granite countertops, a breakfast bar, and plenty of cabinet space, and overlooks the oversized balcony so you can take in the views of the Gulf of Mexico. The Master Bedroom has a large oversized ensuite and views of the Gulf. You and your guest will enjoy in-unit laundry and close proximity to the high-speed elevators. Treasure Island overlooks the World's Most Beautiful Beaches and is located in the highly sought-after East End of Panama City Beach. Walk the beach to enjoy live music and great food at the local beach club, or walk down Thomas Drive to fishing, boating, restaurants, or Saint Andrews State Park. Treasure Island has many amenities, including a beachside resort-style heated, a kiddy pool, two gazebos, covered parking, a gym, an owner's lounge, a game room, high-speed elevators, and more.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Warming Drawer, Washer
  • Interior: Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Built-in Barbecue, Balcony, Pool

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Thomas Drive turn at 5004 Thomas Drive to arrave at Tresure Island Resort.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,900
  • Price Per SqFt: $474/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 1507 vs Panama City

409 DAYS ON ROCKET

+332 Days

$649,900

+$310.4K More

$474/SqFt

+$272 More

KEY TAKEAWAY

This property is $310.4K more than the Median Sold Price and $272/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: #747664

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty Inc

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, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 22, 2011Home Sold
$229,000
Aug 31, 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

$4,169

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-400860
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.19 miles

  • Public District Grades KG-5

school-card-donut-400861
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.06 miles

  • Public District Grades PK-5

school-card-donut-400862
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. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5004 Thomas Dr Unit 1507

What is the listing price of this property?

The listing price of 5004 Thomas Dr Unit 1507 property is $649,900.

What type of property is this?

The property 5004 Thomas Dr Unit 1507 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5004 Thomas Dr Unit 1507 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 $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 March 22, 2011 for $229,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5004 Thomas Dr Unit 1507 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5004 Thomas Dr Unit 1507 is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 Thomas Dr Unit 1507 is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5004 Thomas Dr Unit 1507

This home is located at 5004 Thomas Dr Unit 1507 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 October 10, 2023 and is currently priced at $649,900.

While more than 16 listings in Panama City, FL in October 2024 were sold above asking price, there were more than 40 listings sold at asking price, and more than 138 were sold below. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 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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