5004 Thomas Dr Unit 1806, Panama City Beach, FL, 32408

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5004 Thomas Dr Unit 1806, Panama City$629,900

Buyer Closing Credits

$7,480^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, Covered, Paved

Year Built2005

HeatingCentral, Electric

CoolingCentral Air

WaterfrontGulf, Sandy Shoreline, Waterfront

ViewGulf, Lagoon

MLS #737826

StatusActive

About 5004 Thomas Dr Unit 1806

Enjoy perhaps the best view of the entire beach from your spacious balcony. Because of the orientation of this complex you can see the entire Panama City Beach. This complex is within walking distance of the St Andrews State Park, many fine restaurants and shopping areas. It is also near the new Bay County multi million dollar sports complex. All information is believed to be correct but should be verified by the Buyer.

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Property Details

Property Features

Property Information:

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

Listing Office:

• Office Name: Jim Free Realty LLC

Interior Features

Interior Information:

• Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Washer
• Interior: Breakfast Bar

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: Gulf, Sandy Shoreline, Waterfront
• View: Gulf, Lagoon
• Exterior: Built-in Barbecue, Balcony, Deck, Sprinkler/Irrigation, Pool

Parking Information:

• Parking: Assigned, Covered, Paved

Lot Features

Lot Information:

• Lot: Waterfront

Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air

Other

Directions Information:

• Directions: From Hathaway Bridge, left on Thomas Drive, past the big curve the complex is on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $629,900
• Price Per SqFt: $460/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.

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 1806 vs Panama City

639 DAYS ON ROCKET

+562 Days

$629,900

+$290.4K More

$460/SqFt

+$258 More

KEY TAKEAWAY

This property is $290.4K more than the Median Sold Price and $258/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: #737826

Listing Office:

• Office Name: Jim Free Realty LLC

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.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Mar 03, 2009	Mar 03, 2009Home Sold	$329,000
May 07, 2008	May 07, 2008Home Sold	$344,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$4,069	$335,750
2018	$3,420	$270,100
2017	$3,425	$268,600

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32408›5004 Thomas Dr Unit 1806

This home is located at 5004 Thomas Dr Unit 1806 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 February 21, 2023 and is currently priced at $629,900.

In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were sold below. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.

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