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5004 Thomas Dr Unit 209, Panama City Beach, FL, 32408

$679,000

Home List Price

$8,063*

Closing Credit

2 Bedrooms
2 Full Baths
1,370 SqFt
$496/SqFt
Condo

Location

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5004 Thomas Dr Unit 209, Panama City$679,000

Buyer Closing Credits

$8,063*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Permit Required
Year Built2005
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
Private PoolYes
MLS #743018
StatusActive

About 5004 Thomas Dr Unit 209

Motivated Seller. This unit is on the much desired second floor overlooking the large swimming pool and the beautiful sugar sand of the Gulf. The Treasure Island complex because of its orientation offers perhaps the best view of the entire beach.The Master Bedroom and the living room are Gulf front. In addition to the two bedrooms the unit has a built in bunk area. The complex is located near several fine restaurants, St Andrews State Park and the new Bay County Sports complex located on Panama City Beach Parkway. All information is believed to be correct but should be verified by the Buyer.

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 Range, Electric Water Heater, Disposal, Microwave, Refrigerator, 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: Balcony

Parking Information:

  • Parking: Covered, Permit Required

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, 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: $679,000
  • Price Per SqFt: $496/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.

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

5004 Thomas Dr Unit 209 vs Panama City

497 DAYS ON ROCKET

+420 Days

$679,000

+$339.5K More

$496/SqFt

+$294 More

KEY TAKEAWAY

This property is $339.5K more than the Median Sold Price and $294/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: #743018

Listing Office:

  • Office Name: Jim Free Realty LLC

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, 6:20:52 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

Aug 15, 2005Home Sold
$625,000
Jul 25, 2005Home Sold
$490,000

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

$4,314

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,102

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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-392094
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.19 miles

  • Public District Grades KG-5

school-card-donut-392095
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.06 miles

  • Public District Grades PK-5

school-card-donut-392096
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.26 miles

  • Public District Grades PK-5

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. 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 209

What is the listing price of this property?

The listing price of 5004 Thomas Dr Unit 209 property is $679,000.

What type of property is this?

The property 5004 Thomas Dr Unit 209 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5004 Thomas Dr Unit 209 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 15, 2005 for $625,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5004 Thomas Dr Unit 209 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5004 Thomas Dr Unit 209 is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 Thomas Dr Unit 209 is 2005.

Rocket HomesFloridaBay CountyPanama City324085004 Thomas Dr Unit 209

This home is located at 5004 Thomas Dr Unit 209 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 July 13, 2023 and is currently priced at $679,000.

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%. In October 2024 median list price was $339,477 and the average listing age was 77 days.

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

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