5801 Thomas Dr Unit 1003, Panama City Beach, FL, 32408

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5801 Thomas Dr Unit 1003, Panama City$625,000

Buyer Closing Credits

$7,422^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

Year Built1982

HeatingCentral

CoolingCentral Air

WaterfrontGulf

ViewGulf

MLS #959909

StatusActive

About 5801 Thomas Dr Unit 1003

RECENT APPRAISAL REPORT from Aug 29 2024 OVER the current LISTED PRICE in docs. This 3-bed, 2-bath unit is beautifully furnished and decorated. You and your guests will love the balcony view of the Gulf, with balcony access from both the living room and master bedroom. The updates are top-notch: soft close cabinets and drawers, quartz countertops, brand new backsplash, tile flooring, quality beach themed furnishings, and a remodeled master bath with a new vanity and tile shower. Its fully furnished and ready to be your new beach home or rental unit!

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Property Details

Property Features

Property Information:

• Architectural Style: N/A
• Year Built: 1982
• Living Area: 1,352 SqFt

Listing Office:

• Office Name: EXP Realty LLC
• Office Email: fl.admin@exprealty.net
• Listing Agent: Jeffrey A Brown

Interior Features

Interior Information:

• Flooring Type: Tile
• Interior: Owners Closet, Washer/Dryer Hookups

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Gulf
• View: Gulf
• Exterior: Balcony

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Other

Directions Information:

• Directions: Take Thomas Drive all the way down the beach until you get to Regency Towers.

Price Information

Listing Price Info

Price Summary:

• List Price: $625,000
• Price Per SqFt: $462/SqFt

HOA Fees:

• Amount: $2997
• Frequency: Quarterly

Tax Information:

• Annual Amount: $2,360
• 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

5801 Thomas Dr Unit 1003 vs Panama City

56 DAYS ON ROCKET

-21 Days

$625,000

+$285.5K More

$462/SqFt

+$260 More

KEY TAKEAWAY

This property is $285.5K more than the Median Sold Price and $260/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: #959909

Listing Office:

• Office Name: EXP Realty LLC
• Office Email: fl.admin@exprealty.net
• Listing Agent: Jeffrey A Brown

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: 11/22/2024, 7:20:56 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
Dec 28, 2011	Dec 28, 2011Home Sold	$159,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,360	$207,718
2018	$2,303	$169,541
2017	$1,982	$154,128

History based on county public records data.

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NMLS#3030

**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 1003

This home is located at 5801 Thomas Dr Unit 1003 in Panama City Beach, FL and zip code 32408. This 1,352 square foot home was built in 1982. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $625,000.

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. 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.