4 months on rocket

5004 Thomas Dr Unit 1707, Panama City Beach, FL, 32408

$650,000

Home List Price

$7,719*

Closing Credit

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

Location

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5004 Thomas Dr Unit 1707, Panama City$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Detached, Garage, Parking Lot
Attached Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Waterfront
ViewGulf
MLS #761407
StatusActive

About 5004 Thomas Dr Unit 1707

An Epic PCB Opportunity. Discover a RARE gem at the east end of Thomas Drive - a middle condo on the 17th floor with ICONIC Gulf Views at Treasure Island Resort. Enjoy the convenience of your private parking space and walking straight off the elevator directly into your condo. Simply walk straight into paradise at 5004 Thomas Drive, Unit 1707. This breathtaking, fully renovated condo comes fully furnished and equipped with all the bells and whistles for a perfect home, vacation getaway, or investment property. Completely redecorated & redesigned, this stunner features new furniture, artwork, and stunning decor throughout the 2-bedroom, 2-bath gem AND just newly painted! Both bedrooms feature king beds with new mattresses, and there's a bonus set of bunk beds built into the wall with a ladder, accommodating up to eight guests to maximize space and rental income. The open-concept kitchen boasts beautiful granite countertops, updated kitchen appliances, and everything you need for cooking -- truly turnkey at its finest. Treasure Island Resort Condominium is near St. Andrews State Park on the east end of Panama City Beach. This area is filled with great local restaurants and outdoor activities, making it the ideal place to vacation, live, or both. Life is meant to be experienced, and Treasure Island, Unit 1707, is the epitome of just that!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer
  • Interior: Kitchen Island, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Balcony, Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached, Detached, Garage, Parking Lot

Lot Features

Lot Information:

  • Lot: Landscaped, Waterfront

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: When coming from the Hathaway Bridge, Treasure Island will be on the left after initial right turn onto south end of Thomas Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • 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

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

5004 Thomas Dr Unit 1707 vs Panama City

128 DAYS ON ROCKET

+49 Days

$650,000

+$310.7K More

$474/SqFt

+$273 More

KEY TAKEAWAY

This property is $310.7K more than the Median Sold Price and $273/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: #761407

Listing Office:

  • Office Name: Counts Real Estate Group 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: 12/22/2024, 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

Listing History

Aug 19, 2005Home Sold
$383,600

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

$4,170

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-986655
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.19 miles

  • Public District Grades KG-5

school-card-donut-986656
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.06 miles

  • Public District Grades PK-5

school-card-donut-986657
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. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5004 Thomas Dr Unit 1707

What is the listing price of this property?

The listing price of 5004 Thomas Dr Unit 1707 property is $650,000.

What type of property is this?

The property 5004 Thomas Dr Unit 1707 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5004 Thomas Dr Unit 1707 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 August 19, 2005 for $383,600. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5004 Thomas Dr Unit 1707 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5004 Thomas Dr Unit 1707 is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 Thomas Dr Unit 1707 is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5004 Thomas Dr Unit 1707

This home is located at 5004 Thomas Dr Unit 1707 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 August 16, 2024 and is currently priced at $650,000.

Over 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. The inventory of homes for sale in Panama City, FL between October 2024 and November 2024 decreased by 3.9%. While the average time on the market in November 2024 was 79 days, the median list price was $339,223.

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

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