2 months on rocket

5004 Thomas Dr Unit 1808, Panama City Beach, FL, 32408

$615,000

Home List Price

$7,303*

Closing Credit

2 Bedrooms
2 Full Baths
1,370 SqFt
$449/SqFt
Condo

Location

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5004 Thomas Dr Unit 1808, Panama City$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Parking Lot
Year Built2005
HeatingElectric
CoolingCeiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewGulf
MLS #762989
StatusActive

About 5004 Thomas Dr Unit 1808

Welcome to Treasure Island!This charming two-bedroom unit is an exquisite coastal retreat with breathtaking Gulf views. Here's what makes this condo a must-see:Key Features:Master Bedroom: Luxurious king-sized bed with balcony access, allowing you to wake up to the soothing sounds of the waves and refreshing sea breeze.Stunning Views: Enjoy beautiful Gulf views from the balcony, master bedroom, living room, and dining area.Coastal Decor: Open living area adorned with inviting coastal decor creates a warm ambiance.Modern Finishes: Elegant granite countertops, Tile flooring in living areas and bedrooms, and kitchen and baths.Well-Equipped Kitchen: with matching appliances for all your culinary needs.Master Bathroom: Features a double vanity and walkin closet.Amenities:Resort Features: Covered parking, a large heated lagoon-style pool, hot tub, fitness room, and poolside cafe.Beach Access: Direct access to the beach and grills on the third level of the parking deck for outdoor gatherings.Investment Opportunity:With a strong rental history, this fully furnished unit is ideal for investors or those seeking a vacation condo. Buyers are encouraged to verify all measurements and information.Experience the unparalleled beachfront lifestyle at Treasure Island, where comfort, style, and convenience meet!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior: Breakfast Bar, Recessed Lighting, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Additional Parking, Parking Lot

Lot Features

Lot Information:

  • Lot: Cleared, Waterfront

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s), Electric

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $449/SqFt

HOA Fees:

  • Amount: $2575
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $4,125
  • 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 1808 vs Panama City

82 DAYS ON ROCKET

+3 Days

$615,000

+$275.7K More

$449/SqFt

+$248 More

KEY TAKEAWAY

This property is $275.7K more than the Median Sold Price and $248/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: #762989

Listing Office:

  • Office Name: Keller Williams Success 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: 12/22/2024, 2:21:00 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

Nov 05, 2018Home Sold
$385,000
Feb 08, 2012Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,125$335,750
2018$3,420$270,100
2017$3,425$268,600

History based on county public records data.

Payment Calculator

$3,995

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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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-988346
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.19 miles

  • Public District Grades KG-5

school-card-donut-988347
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.06 miles

  • Public District Grades PK-5

school-card-donut-988348
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. The most common annual income of people living in Panama City, FL is between $35k-100k. The majority of families are 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 1808

What is the listing price of this property?

The listing price of 5004 Thomas Dr Unit 1808 property is $615,000.

What type of property is this?

The property 5004 Thomas Dr Unit 1808 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5004 Thomas Dr Unit 1808 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 $4,125 (source: MLS/based on county public records data).

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

The last sale was on November 5, 2018 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5004 Thomas Dr Unit 1808 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5004 Thomas Dr Unit 1808 is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 Thomas Dr Unit 1808 is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5004 Thomas Dr Unit 1808

This home is located at 5004 Thomas Dr Unit 1808 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 01, 2024 and is currently priced at $615,000.

In November 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 120 were sold below. The number of homes for sale in Panama City, FL decreased by 3.9% between October 2024 and November 2024. In November 2024 median list price was $339,223 and the average listing age was 79 days.

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

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