1 month on rocket

5229 Thomas Dr, Panama City, FL, 32408

$449,500

0.13 Acres
Land

Location

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Property Highlights

Home TypeResidential
MLS #763166
Lot Size0.13 Acres
StatusActive

About 5229 Thomas Dr

Prime opportunity awaits with this vacant land zoned C1, allowing for the construction of a stunning 3-story duplex. Just steps away from beach access and schooners, this cleared lot in unincorporated Bay County offers the perfect canvas for your vision. Water, sewer, and gas are readily available, alongside a survey and builder plans, making this 50x110 lot a developer's dream. Located in flood zone X. The seller will not sell this lot separately; it must be purchased with 5233 Thomas Drive.

Property Details

Property Features

Listing Office:

  • Office Name: Seltzer Real Estate, LLC

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.13 Acres

Other

Directions Information:

  • Directions: Traveling West on Thomas Drive, lot will be on your right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,500
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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

5229 Thomas Dr vs Panama City

52 DAYS ON ROCKET

-25 Days

$449,500

+$110K More

KEY TAKEAWAY

This property is $110K more than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #763166

Listing Office:

  • Office Name: Seltzer Real Estate, 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

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

Payment Calculator

$2,311

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,414

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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.

Nearby Schools

school-card-donut-393378
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.01 miles

  • Public District Grades KG-5

school-card-donut-393379
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.01 miles

  • Public District Grades PK-5

school-card-donut-393380
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.27 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. 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 5229 Thomas Dr

What is the listing price of this property?

The listing price of 5229 Thomas Dr property is $449,500.

What type of property is this?

The property 5229 Thomas Dr is land located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 5229 Thomas Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5229 Thomas Dr is 0.13 acres.
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Rocket Homes›Florida›Bay County›Panama City›32408›5229 Thomas Dr

This home is located at 5229 Thomas Dr in Panama City, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $449,500.

Over 16 listings were sold over their listed price in October 2024 in Panama City, FL. In the same period over 138 listings were sold below the listed price and 40 listings were sold for the listed price. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. 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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