7 months on rocket

6609 Thomas Dr Unit 1005, Panama City, FL, 32408

$557,900

Home List Price

$6,625*

Closing Credit

2 Bedrooms
2 Full Baths
1,427 SqFt
$391/SqFt
Condo

Location

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6609 Thomas Dr Unit 1005, Panama City$557,900

Buyer Closing Credits

$6,625*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOpen
Year Built1999
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #755908
StatusActive

About 6609 Thomas Dr Unit 1005

NEW LIST PRICE - REDUCED - $10,000 MOTIVATED SELLER!!! HOA FEES FUND RESERVES AT 100%. Watch the dolphins play or the sun set as you relax on your 10th floor balcony at the highly desirable Coral Reef Condominium. This lovely 2 /2 unit with 1,457 square feet is perfect for a primary residence, beach getaway, or investment property. Located on the east end of Thomas Drive (away from the traffic) close to St. Andrews State Park, wonderful restaurants and full service marinas for the boating enthusiasts. Up-coming reservations already on the book to include a winter guest ($10,997) which can transfer to the buyer. Washer and Dryer replaced August 2024. Hot water heater and refrigerator replaced in April 2023. Beautiful gulf views from the living room, kitchen and master bedroom. Tile and vinyl plank flooring are throughout this recently updated, tastefully decorated, and spacious (9ft. ceilings) unit. Enjoy stainless kitchen appliances and a tiled, walk-in shower in the master bathroom (2024). Amenities include: 2 tropical beachfront swimming pools (one heated seasonally); sun deck; grilling area; fitness center; large shaded gazebo and picnic area. Major repairs have been done to the structure since 2018 including: replacement of the roof; replacement of all the windows and glass in the sliding glass doors; painting the exterior of the building, garages, railings, and doors.. Owners' fur babies are allowed! Sizes and dimensions are approximate and should be verified by buyer if important.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1999
  • Living Area: 1,427 SqFt

Listing Office:

  • Office Name: Miller & Associates Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior: Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Open

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: From Joan Avenue travel East on Thomas Drive. Coral Reef is located on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $557,900
  • Price Per SqFt: $391/SqFt

HOA Fees:

  • Amount: $4349
  • Frequency: Quarterly
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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

6609 Thomas Dr Unit 1005 vs Panama City

217 DAYS ON ROCKET

+140 Days

$557,900

+$218.4K More

$391/SqFt

+$189 More

KEY TAKEAWAY

This property is $218.4K more than the Median Sold Price and $189/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: #755908

Listing Office:

  • Office Name: Miller & Associates Realty

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: 11/24/2024, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,739

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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-1188216
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-1188217
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.31 miles

  • Public District Grades PK-5

school-card-donut-1188218
1
/10
  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.85 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. Typical income of Panama City, FL residents is between $35k-100k annually. Most families are 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 6609 Thomas Dr Unit 1005

What is the listing price of this property?

The listing price of 6609 Thomas Dr Unit 1005 property is $557,900.

What type of property is this?

The property 6609 Thomas Dr Unit 1005 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 6609 Thomas Dr Unit 1005 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 6609 Thomas Dr Unit 1005 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6609 Thomas Dr Unit 1005 is 1,427 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6609 Thomas Dr Unit 1005 is 1999.

Rocket HomesFloridaBay CountyPanama City324086609 Thomas Dr Unit 1005

This home is located at 6609 Thomas Dr Unit 1005 in Panama City, FL and zip code 32408. This 1,427 square foot home was built in 1999. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 21, 2024 and is currently priced at $557,900.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. 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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