5004 Thomas Dr Unit 308, Panama City Beach, FL, 32408

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5004 Thomas Dr Unit 308, Panama City$674,000

Buyer Closing Credits

$8,004^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingCovered, Deeded, Garage Detached

Attached Garage1 space

Year Built2005

HeatingCentral

CoolingCeiling Fan(s), Central Air

WaterfrontGulf

ViewGulf

MLS #959445

StatusActive

About 5004 Thomas Dr Unit 308

An Epic PCB Opportunity. Discover a RARE gem at the east end of Thomas Drive, a middle condo on THE 3rd floor with ICONIC Gulf Views at Treasure Island Resort. Enjoy the convenience of your private Third Level parking space and walking straight into paradise. This breathtaking, 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 artwork, and stunning decor throughout the 2-bedroom, 2-bath gem AND just newly painted AND theres a bonus set of bunk beds built into the wall with a ladder accommodating up to eight guests to maximize rental income. RARE LOWER LEVEL CONDO! Amazing Rental Potential!

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Property Details

Property Features

Property Information:

• Architectural Style: N/A
• Year Built: 2005
• Living Area: 1,370 SqFt

Listing Office:

• Office Name: Counts Real Estate Group Inc
• Office Email: steve@countsrealestate.com
• Listing Agent: Brian Clowdus

Interior Features

Interior Information:

• Appliances: Cooktop, Dryer, Microwave, Refrigerator, Refrigerator, Ice Maker, Washer
• Flooring Type: Laminate, Tile
• Interior: Kitchen Island, Newly Painted, Owners Closet, Window Treatment(s)

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Gulf
• View: Gulf
• Exterior: Balcony, Pool - In-Ground

Parking Information:

• Garage Space: 1 space
• Attached Garage: Yes
• Parking: Covered, Deeded, Garage Detached

Utilities

Utilities Information:

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

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: 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: $674,000
• Price Per SqFt: $492/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 308 vs Panama City

43 DAYS ON ROCKET

-34 Days

$674,000

+$334.5K More

$492/SqFt

+$290 More

KEY TAKEAWAY

This property is $334.5K more than the Median Sold Price and $290/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Emerald Coast Association of REALTORS®
• MLS Number: #959445

Listing Office:

• Office Name: Counts Real Estate Group Inc
• Office Email: steve@countsrealestate.com
• Listing Agent: Brian Clowdus

Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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, 9:20:55 AM 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
Apr 22, 2008	Apr 22, 2008Home Sold	$357,500

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 308

This home is located at 5004 Thomas Dr Unit 308 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 September 19, 2024 and is currently priced at $674,000.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. 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.