new - 1 day on rocket

5405 Thomas Dr, Panama City, FL, 32408

$1,150,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,537 SqFt
$453/SqFt
Townhouse

Location

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5405 Thomas Dr, Panama City$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached, Garage
Attached Garage1 space
Year Built2005
HeatingElectric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #765210
StatusActive

About 5405 Thomas Dr

Located just steps from the sugar-white sands of Panama City Beach's quiet east end, this beach home combines the best of location, functionality, and flexibility. With no HOA and the freedom to offer short-term rentals, this property is ideal for a serene retreat, full-time residence, or vacation rental. The thoughtfully designed layout spans multiple levels, ensuring both privacy and spaces for gathering. The first floor features three bedrooms, two full baths with granite countertops, and a convenient laundry area. Ascend to the second floor to a spacious great room with cathedral ceilings, beautiful hardwood floors, and an open kitchen. Stainless steel appliances, a kitchen island and breakfast bar make this space functional and inviting - perfect for hosting or enjoying casual meals. Step out onto the second-floor balcony to enjoy a morning coffee or the evening breezes. The master suite on this level creates a private sanctuary, complete with a well-appointed bathroom featuring a walk-in shower and separate water closet. On the third floor, you will find another balcony and a versatile loft area that can be transformed according to your needs - whether as an additional bedroom, game room, or entertainment hub. Outside, the fenced yard and patio area provide a private space for relaxation or gatherings. Located just a short stroll from local favorites like Schooner's and a quick drive to St Andrews State Park, marinas, golf, shopping and dining, this home offers the perfect blend of peaceful seclusion and convenient access to attractions. If versatile design, spacious living, and steps-to-the-beach convenience are on your wish list, make it a point to see this home. Call to schedule a private tour today!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 2,537 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, Ice Maker, Refrigerator, Washer
  • Interior: Smart Home, Loft

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony, Outdoor Shower, Storm/Security Shutters

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Travel east on Thomas Dr towards State Park. Property on right between Biltmore and Hurt Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $453/SqFt
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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

5405 Thomas Dr vs Panama City

1 DAY ON ROCKET

-76 Days

$1,150,000

+$810.5K More

$453/SqFt

+$251 More

KEY TAKEAWAY

This property is $810.5K more than the Median Sold Price and $251/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: #765210

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: 11/21/2024, 9:20:52 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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$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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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-241384
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.90 miles

  • Public District Grades KG-5

school-card-donut-241385
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.02 miles

  • Public District Grades PK-5

school-card-donut-241386
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.31 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. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5405 Thomas Dr

What is the listing price of this property?

The listing price of 5405 Thomas Dr property is $1,150,000.

What type of property is this?

The property 5405 Thomas Dr is a townhouse located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 5405 Thomas Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5405 Thomas Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5405 Thomas Dr is 2,537 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5405 Thomas Dr is 2005.

Rocket Homes›Florida›Bay County›Panama City›32408›5405 Thomas Dr

This home is located at 5405 Thomas Dr in Panama City, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This 2,537 square foot home was built in 2005. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $1,150,000.

Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings 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.

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