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5004 Thomas Dr Unit 305, Panama City, FL, 32408

$629,000

Home List Price

$7,469*

Closing Credit

2 Bedrooms
2 Full Baths
1,370 SqFt
$459/SqFt
Condo

Location

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5004 Thomas Dr Unit 305, Panama City$629,000

Buyer Closing Credits

$7,469*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached, Garage
Year Built2005
HeatingElectric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline, Waterfront
MLS #762508
StatusActive

About 5004 Thomas Dr Unit 305

This stunning 2BR/BA+BUNKS Treasure Island condo offers breathtaking, unobstructed views of the Gulf of Mexico, with panoramic vistas that stretch along the coastline from the moment you step inside. Located on the highly sought-after 3rd floor, you'll enjoy the convenience of walking directly from your reserved parking spot to your front door--no need to wait for elevators, perfect for easy unloading or avoiding inclement weather. With 9' ceilings and a spacious private balcony, this condo feels airy and open, allowing you to fully take in the beauty of the gulf from the master, living and dining areas. Offered fully furnished, it comfortably sleeps 8 and includes new outdoor patio furniture and a recently upgraded refrigerator. The gulf-front master suite features a king bed, ensuite bathroom, and direct access to the balcony, where incredible sunsets await. Treasure Island Resort, situated on the quieter east end of Panama City Beach, sits directly on the sugar-white sands and offers great amenities that include a gulf-front pool and hot tub, owner's lounge, game room, gulf-facing fitness center, and covered parking. The resort is well-managed and offers one of the lowest HOA fees on the beach. Plus, you're within walking distance of St. Andrews State Park, the marina on Grand Lagoon, and popular local dining spots. Whether you're in the market for a turn-key rental or your own coastal getaway, this condo is an ideal choice.Schedule a showing today!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Interior: Breakfast Bar, High Ceilings, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: West on Hathaway Bridge, left on Thomas Dr., follow Thomas Dr. to the gulf. Complex on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $629,000
  • Price Per SqFt: $459/SqFt

HOA Fees:

  • Amount: $2575
  • Frequency: Quarterly
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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 305 vs Panama City

46 DAYS ON ROCKET

-31 Days

$629,000

+$289.5K More

$459/SqFt

+$257 More

KEY TAKEAWAY

This property is $289.5K more than the Median Sold Price and $257/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: #762508

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

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: 11/2/2024, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,065

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,952

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NMLS#3030

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.

Elementary School

school-card-donut-275137
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.15 miles

  • Public District Grades PK-5

Middle School

school-card-donut-275138
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 7.58 miles

  • Public District Grades 6-8

High School

school-card-donut-275139
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 5.70 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. Most Panama City, FL residents have annual incomes 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 305

What is the listing price of this property?

The listing price of 5004 Thomas Dr Unit 305 property is $629,000.

What type of property is this?

The property 5004 Thomas Dr Unit 305 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 5004 Thomas Dr Unit 305 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5004 Thomas Dr Unit 305 are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 5004 Thomas Dr Unit 305 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5004 Thomas Dr Unit 305 is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 Thomas Dr Unit 305 is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5004 Thomas Dr Unit 305

This home is located at 5004 Thomas Dr Unit 305 in Panama City, 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 September 16, 2024 and is currently priced at $629,000.

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. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. 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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