11 months on rocket

5801 Thomas Dr Unit 315, Panama City Beach, FL, 32408

$450,000

Home List Price

$5,344*

Closing Credit

2 Bedrooms
2 Full Baths
1,144 SqFt
$393/SqFt
Condo

Location

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5801 Thomas Dr Unit 315, Panama City$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1975
WaterfrontGulf
ViewGulf
MLS #748768
StatusActive

About 5801 Thomas Dr Unit 315

Your dream of waking up to unobstructed Gulf views has never been closer. Nestled on the highly desired THIRD floor, this 2-bedroom, 2-bathroom beauty spans just over 1,100 sq. ft. and has been impeccably maintained with minimal rental use, keeping it in pristine condition.Step outside, and you'll find immediate beach access just a few steps away, plus the luxury of TWO POOLS (including a heated, year-round option), a relaxing hot tub, and a tiki bar & grill for that resort-style living. Enjoy all the extras: a fitness center, billiards room, and inviting picnic areas perfect for soaking up the coastal vibe.Here is your chance to own this piece of paradise where every day offers breathtaking, DIRECT GULF VIEWS from your private retreat. Schedule your showing today! Buyer to verify all measurements and information deemed important.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1975
  • Living Area: 1,144 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf

Other

Directions Information:

  • Directions: From Hathaway bridge take Thomas Dr approximately 3.5 miles and make a right at the light, continue straight & Regency Towers will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $393/SqFt

HOA Fees:

  • Amount: $2997
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,060
  • 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

5801 Thomas Dr Unit 315 vs Panama City

349 DAYS ON ROCKET

+270 Days

$450,000

+$110.7K More

$393/SqFt

+$192 More

KEY TAKEAWAY

This property is $110.7K more than the Median Sold Price and $192/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: #748768

Listing Office:

  • Office Name: Counts Real Estate Group 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, 8:21:00 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

Apr 13, 2011Home Sold
$167,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,060$173,400
2018$2,167$170,000
2017$2,086$162,350

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-1066353
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-1066354
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-1066355
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.45 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 $42,841. The most common annual income of people living in Panama City, FL is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5801 Thomas Dr Unit 315

What is the listing price of this property?

The listing price of 5801 Thomas Dr Unit 315 property is $450,000.

What type of property is this?

The property 5801 Thomas Dr Unit 315 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 5801 Thomas Dr Unit 315 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 $2,060 (source: MLS/based on county public records data).

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

The last sale was on April 13, 2011 for $167,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5801 Thomas Dr Unit 315 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5801 Thomas Dr Unit 315 is 1,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5801 Thomas Dr Unit 315 is 1975.

Rocket Homes›Florida›Bay County›Panama City›32408›5801 Thomas Dr Unit 315

This home is located at 5801 Thomas Dr Unit 315 in Panama City Beach, FL and zip code 32408. This 1,144 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $450,000.

In November 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 33 were sold right at the asked price. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. 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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