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6201 Thomas Dr Unit 1606, Panama City Beach, FL, 32408

$599,000

Home List Price

$7,113*

Closing Credit

2 Bedrooms
2 Full Baths
1,379 SqFt
$434/SqFt
Condo

Location

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6201 Thomas Dr Unit 1606, Panama City$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1987
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #765167
StatusActive

About 6201 Thomas Dr Unit 1606

Welcome to your dream beachfront getaway! This beautifully updated, fully furnished condo offers the perfect blend of style, comfort, and lucrative vacation rental income grossing roughly $80k yearly. Located just steps from the sand, with breathtaking ocean views and a prime location near local shops and dining, this condo is an ideal retreat for guests seeking a relaxing coastal escape.Inside, the space has been tastefully remodeled with modern finishes and thoughtful design elements. The open-concept living area is flooded with natural light, creating an inviting, airy atmosphere. High-end flooring, fresh paint, and custom furniture complete the space, making it a sophisticated yet cozy home away from home. Onsite amenities include two pools, outdoor hot tub, a food area next to the pool, indoor racquet ball court, tennis court, shuffle board court, gym with sauna & steam rooms, owner's clubhouse, and direct beach access, making it easy for guests to enjoy everything the coast has to offer. With established rental success and positive reviews, this condo is a must-see for investors or anyone looking for a stylish and profitable second home.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1987
  • Living Area: 1,379 SqFt

Listing Office:

  • Office Name: Dalton Wade Inc

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf

Other

Directions Information:

  • Directions: from 98 turn left onto thomas drive, Watercrest will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $434/SqFt

HOA Fees:

  • Amount: $1085
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,589
  • 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

6201 Thomas Dr Unit 1606 vs Panama City

34 DAYS ON ROCKET

-45 Days

$599,000

+$259.7K More

$434/SqFt

+$233 More

KEY TAKEAWAY

This property is $259.7K more than the Median Sold Price and $233/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: #765167

Listing Office:

  • Office Name: Dalton Wade 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, 5:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 25, 2014Home Sold
$248,500
Dec 30, 2003Home Sold
$290,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,589$209,525
2018$2,867$225,895
2017$2,722$218,025

History based on county public records data.

Payment Calculator

$4,142

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-886734
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.47 miles

  • Public District Grades KG-5

school-card-donut-886735
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.14 miles

  • Public District Grades PK-5

school-card-donut-886736
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.60 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 $68,601. The majority of Panama City, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6201 Thomas Dr Unit 1606

What is the listing price of this property?

The listing price of 6201 Thomas Dr Unit 1606 property is $599,000.

What type of property is this?

The property 6201 Thomas Dr Unit 1606 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6201 Thomas Dr Unit 1606 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 $2,589 (source: MLS/based on county public records data).

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

The last sale was on September 25, 2014 for $248,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6201 Thomas Dr Unit 1606 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6201 Thomas Dr Unit 1606 is 1,379 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6201 Thomas Dr Unit 1606 is 1987.

Rocket Homes›Florida›Bay County›Panama City›32408›6201 Thomas Dr Unit 1606

This home is located at 6201 Thomas Dr Unit 1606 in Panama City Beach, FL and zip code 32408. This 1,379 square foot home was built in 1987. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $599,000.

Panama City, FL housing market in November 2024 saw over 13 listings sold above listed price, more than 33 sold at listed price and over 120 sold below. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $339,223, while the average time on the real estate market was 79 days.

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

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