5 months on rocket

5004 Thomas Dr Unit 408, Panama City Beach, FL, 32408

$649,000

Home List Price

$7,707*

Closing Credit

2 Bedrooms
2 Full Baths
1,370 SqFt
$474/SqFt
Condo

Location

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5004 Thomas Dr Unit 408, Panama City$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Assigned
Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf
ViewGulf
MLS #760351
StatusActive

About 5004 Thomas Dr Unit 408

BEST VIEWS ON THE BEACH! Enjoy the expansive, panoramic view of the Gulf from your oversized balcony. Savor your morning coffee while you watch the resident dolphins of St. Andrew's cruise by or catch a breathtaking sunset and evening cocktail with close friends. This 2/2 with bunk sleeps 8 and makes for a great investment, vacation rental or second home. This unit has LVP and tile throughout, an open floorpan which allows for great entertaining when friends and family are gathered. The waterfront primary bedroom has its own set of sliding glass doors which opens up to the expansive balcony.Located on PCB's East End, you are walking distance to Schooners, the state park and moments from other iconic spots such as Capt. Anderson's Restaurant and Marina, Dat Cajun Place and many other local favorites. Treasure Island offers a large in ground pool, hot tub, bbq area, fitness center, community room and even has a snack shop that serves beach drinks and sandwiches, on property. This unit has an assigned parking spot which conveys with the unit. Additional parking is available on the top deck of the parking garage.* Buyer to verify all measurements and information, if important.*

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Interior: Breakfast Bar, Pantry, Recessed Lighting, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Additional Parking, Assigned

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Headed south on Thomas Drive from Hathaway Bridge fro 3.6 miles. At light, turn right onto Thomas Drive. Take left onto Spyglass and property/parking garage is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $474/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 408 vs Panama City

151 DAYS ON ROCKET

+72 Days

$649,000

+$309.7K More

$474/SqFt

+$273 More

KEY TAKEAWAY

This property is $309.7K more than the Median Sold Price and $273/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: #760351

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty Inc

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, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 25, 2018Home Sold
$360,000
Aug 05, 2005Home Sold
$620,000

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

$4,165

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-924940
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.19 miles

  • Public District Grades KG-5

school-card-donut-924941
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.06 miles

  • Public District Grades PK-5

school-card-donut-924942
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. Typical income of Panama City, FL residents is between $35k-100k annually. Most 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 408

What is the listing price of this property?

The listing price of 5004 Thomas Dr Unit 408 property is $649,000.

What type of property is this?

The property 5004 Thomas Dr Unit 408 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5004 Thomas Dr Unit 408 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 May 25, 2018 for $360,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5004 Thomas Dr Unit 408 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5004 Thomas Dr Unit 408 is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 Thomas Dr Unit 408 is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5004 Thomas Dr Unit 408

This home is located at 5004 Thomas Dr Unit 408 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 23, 2024 and is currently priced at $649,000.

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 listings in Panama City, FL decreased by 3.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 79 days, the median list price was $339,223.

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

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