2 months on rocket

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

$625,000

Home List Price

$7,422*

Closing Credit

3 Bedrooms
2 Full Baths
1,352 SqFt
$462/SqFt
Condo

Location

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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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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!

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.

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

5801 Thomas Dr Unit 1003 vs Panama City

86 DAYS ON ROCKET

+7 Days

$625,000

+$285.7K More

$462/SqFt

+$261 More

KEY TAKEAWAY

This property is $285.7K more than the Median Sold Price and $261/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

IDX 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: 12/22/2024, 8:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 28, 2011Home Sold
$159,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,360$207,718
2018$2,303$169,541
2017$1,982$154,128

History based on county public records data.

Payment Calculator

$4,186

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-1071934
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-1071935
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-1071936
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.45 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. Typical income of Panama City, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5801 Thomas Dr Unit 1003

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 1003 property is $625,000.

What type of property is this?

The property 5801 Thomas Dr Unit 1003 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 1003 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 $2,360 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 28, 2011 for $159,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 1003 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 1003 is 1,352 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 1003 is 1982.

Rocket HomesFloridaBay CountyPanama City324085801 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 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. The number of homes for sale in Panama City, FL decreased by 3.9% between October 2024 and November 2024. In November 2024 median list price was $339,223 and the average listing age was 79 days.

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

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