8 months on rocket

5004 Thomas Dr Unit 1512, Panama City Beach, FL, 32408

$1,086,580

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,950 SqFt
$557/SqFt
Condo

Location

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5004 Thomas Dr Unit 1512, Panama City$1,086,580

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Assigned, Garage, Permit Required
Garage1 space
Year Built2005
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
WaterfrontGulf, Waterfront
ViewGulf
MLS #754235
StatusActive

About 5004 Thomas Dr Unit 1512

''LET YOUR DREAMS COME TRUE'' You won't be disappointed in this beautiful spacious condo with 9' ceilings and the perfect floor plan for the most expansive and best views of the beach shoreline. With wrap around decks, you can enjoy amazing sunrises on the front and sunsets on the beach side. This Quieter end of the beach is conveniently located with ''Walk To'' restaurants including Schooners and Patches. The Famous Tootie's Restaurant will be opening down the Street soon and it's just a short drive to St Andrews Park just down the street and an easy walk along the beach. Several Marinas are conveniently located for boat rentals and tours. New Publix Sports Park approximately 5 miles away. Comes complete with assigned parking space. New heat/Air unit installed 8/28/2023.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2005
  • Living Area: 1,950 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Interior: Breakfast Bar, Kitchen Island, Pantry, Recessed Lighting, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 1 space
  • Parking: Additional Parking, Assigned, Garage, Permit Required

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Thomas Drive till it Dead ends. Take a right at light. TI on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,086,580
  • Price Per SqFt: $557/SqFt

HOA Fees:

  • Amount: $3666
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $6,658
  • 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 1512 vs Panama City

252 DAYS ON ROCKET

+175 Days

$1,086,580

+$747.1K More

$557/SqFt

+$355 More

KEY TAKEAWAY

This property is $747.1K more than the Median Sold Price and $355/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: #754235

Listing Office:

  • Office Name: Coldwell Banker Realty

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, 5:20:52 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

May 03, 2018Home Sold
$540,000
Jun 08, 2007Home Sold
$550,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,658$544,000
2018$5,992$475,575
2017$6,092$480,250

History based on county public records data.

Payment Calculator

$6,713

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,324

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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-380564
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.19 miles

  • Public District Grades KG-5

school-card-donut-380565
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.06 miles

  • Public District Grades PK-5

school-card-donut-380566
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. 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 1512

What is the listing price of this property?

The listing price of 5004 Thomas Dr Unit 1512 property is $1,086,580.

What type of property is this?

The property 5004 Thomas Dr Unit 1512 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5004 Thomas Dr Unit 1512 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 $6,658 (source: MLS/based on county public records data).

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

The last sale was on May 3, 2018 for $540,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5004 Thomas Dr Unit 1512 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5004 Thomas Dr Unit 1512 is 1,950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 Thomas Dr Unit 1512 is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5004 Thomas Dr Unit 1512

This home is located at 5004 Thomas Dr Unit 1512 in Panama City Beach, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This 1,950 square foot home was built in 2005. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $1,086,580.

Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. While the average time on the market in October 2024 was 77 days, the median list price was $339,477.

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

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