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6415 Thomas Dr Unit 205, Panama City Beach, FL, 32408

$799,999

Home List Price

$9,500*

Closing Credit

2 Bedrooms
2 Full Baths
1,595 SqFt
$502/SqFt
Condo

Location

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6415 Thomas Dr Unit 205, Panama City$799,999

Buyer Closing Credits

$9,500*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built2001
HeatingCentral
CoolingCentral Air
WaterfrontOther, Gulf, Sandy Shoreline
ViewGulf
MLS #959897
StatusActive

About 6415 Thomas Dr Unit 205

PRICE REDUCED. This 2 bedroom 2 bath unit is absolutely gorgeous. Its 1595sq ft. of living space with a 288 sq. Ft. balcony is the perfect vacation home. Rarely does a unit come available for sale in this complex. This unit is located on the highly sought-after 2nd floor of the prestigious gated community of Princess Condominiums. This unit has been recently updated with fresh paint along with new living room furnishings and remote-powered window treatments in the master bedroom and living room. This unit move-in/rental-ready condo can accommodate 8 to 10 people. In addition to being steps from the Worlds most beautiful beach, this unit features a full kitchen with stainless steel appliances and granite countertops, a separate alcove bar area with sink, icemaker, and wine refrigerator, and a spacious laundry room with sink & several cabinets and owners closet. The laundry room has room for built-in bunk beds. The main suite has an ensuite bath with double sinks, a large spa tub, and a glass surround custom walk-in tiled shower with a built-in bench with a rain shower head. Walk-in closet and separate linen closet. The balcony is accessed from the master bedroom and living room. For investors looking to make a great return on their investment, Princess Condominiums is the perfect property. Princess Condominiums Homeowners Association offers an on-site rental management company that provides advertising, booking, cleaning & maintenance of your rental. Princess Condo Rental management takes pride in fostering and maintaining relationships with the owners and seasonal renters. They have a loyal clientele that continues to return year after year for 15+ years. The annual rental income for a two-bedroom condo (renting 6 months out of the year) is around $25,000 to $35,000. This fabulous location is close to all the great restaurants, shopping, golfing, fishing, boating, and several fun attractions. This property offers beach services that provide chairs and umbrellas on the beach along with jet skis and watersports. The Princess Condominiums offer two outdoor pools and one indoor heated pool, hot tub, arcade, fitness center, tennis, basketball, and shuffleboard court.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 2001
  • Living Area: 1,595 SqFt

Listing Office:

  • Office Name: Home Town Realty Partners LLC
  • Office Email: info@hometownrealtypartners.com
  • Listing Agent: Tracey A Carico

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Self Cleaning Oven, Refrigerator, Ice Maker, Range, Washer, Wine Cooler
  • Flooring Type: Laminate
  • Interior: Raised Ceiling, Kitchen Island, Owners Closet, Pantry, Washer/Dryer Hookups, Wet Bar, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Other, Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony, Fenced Lot-All, Hot Tub, Pool - Enclosed, Pool - Heated, Pool - In-Ground, Shower, Tennis Court

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 98 East to Thomas Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,999
  • Price Per SqFt: $502/SqFt

HOA Fees:

  • Amount: $1153
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,548
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

6415 Thomas Dr Unit 205 vs Panama City

56 DAYS ON ROCKET

-21 Days

$799,999

+$460.5K More

$502/SqFt

+$300 More

KEY TAKEAWAY

This property is $460.5K more than the Median Sold Price and $300/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: #959897

Listing Office:

  • Office Name: Home Town Realty Partners LLC
  • Office Email: info@hometownrealtypartners.com
  • Listing Agent: Tracey A Carico

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: 11/21/2024, 11:50:55 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 30, 2002Home Sold
$439,000
Mar 07, 2001Home Sold
$415,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,548$425,000
2018$3,398$306,066
2017$3,346$299,771

History based on county public records data.

Payment Calculator

$5,213

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-470143
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-470144
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.20 miles

  • Public District Grades PK-5

school-card-donut-470145
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.72 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,601. Most Panama City, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6415 Thomas Dr Unit 205

What is the listing price of this property?

The listing price of 6415 Thomas Dr Unit 205 property is $799,999.

What type of property is this?

The property 6415 Thomas Dr Unit 205 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6415 Thomas Dr Unit 205 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 $3,548 (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 30, 2002 for $439,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6415 Thomas Dr Unit 205 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6415 Thomas Dr Unit 205 is 1,595 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6415 Thomas Dr Unit 205 is 2001.

Rocket HomesFloridaBay CountyPanama City324086415 Thomas Dr Unit 205

This home is located at 6415 Thomas Dr Unit 205 in Panama City Beach, FL and zip code 32408. This 1,595 square foot home was built in 2001. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $799,999.

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. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased 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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