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7115 Thomas Dr Unit 503, Panama City Beach, FL, 32408

$999,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,328 SqFt
$429/SqFt
Condo

Location

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7115 Thomas Dr Unit 503, Panama City$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Paved, Parking Lot
Year Built2001
HeatingElectric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewGulf
MLS #760735
StatusActive

About 7115 Thomas Dr Unit 503

Welcome to your dream condominium in Panama City Beach, Florida! This stunning Gulf-front 3-bedroom, 3-bathroom unit offers unparalleled beach views and luxurious living. Enjoy the private balcony with access from both the living room and master bedroom, perfect for relaxing and taking in the breathtaking scenery.The contemporary decor throughout the condo creates a modern and inviting atmosphere. The spacious kitchen is a chef's delight, featuring stainless steel appliances, a breakfast bar, and ample counter space. The elegant entryway with a foyer and columns adds a touch of sophistication, while the beautiful floors enhance the overall aesthetic.Don't miss the opportunity to own this exquisite beachfront property, ideal for both relaxation and entertaining. Make this your new home and experience the best of coastal living!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2001
  • Living Area: 2,328 SqFt

Listing Office:

  • Office Name: Sand Dollar Beach Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Assigned, Paved, Parking Lot

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Thomas Drive next to Rick Seltzer Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $429/SqFt

HOA Fees:

  • Amount: $4366
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $6,148
  • 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

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

7115 Thomas Dr Unit 503 vs Panama City

56 DAYS ON ROCKET

-21 Days

$999,000

+$659.5K More

$429/SqFt

+$227 More

KEY TAKEAWAY

This property is $659.5K more than the Median Sold Price and $227/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: #760735

Listing Office:

  • Office Name: Sand Dollar Beach Real Estate

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: 11/22/2024, 6:20:52 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

Jun 05, 2017Home Sold
$650,000
Sep 27, 2010Home Sold
$475,000
May 21, 2001Home Sold
$432,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,148$494,840
2018$6,706$532,590
2017$6,056$477,340

History based on county public records data.

Payment Calculator

$6,508

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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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-546739
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.06 miles

  • Public District Grades KG-5

school-card-donut-546740
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.38 miles

  • Public District Grades PK-5

school-card-donut-546741
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 4.75 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,268. The majority of Panama City, FL residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7115 Thomas Dr Unit 503

What is the listing price of this property?

The listing price of 7115 Thomas Dr Unit 503 property is $999,000.

What type of property is this?

The property 7115 Thomas Dr Unit 503 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7115 Thomas Dr Unit 503 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 $6,148 (source: MLS/based on county public records data).

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

The last sale was on June 5, 2017 for $650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7115 Thomas Dr Unit 503 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7115 Thomas Dr Unit 503 is 2,328 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7115 Thomas Dr Unit 503 is 2001.

Rocket Homes›Florida›Bay County›Panama City›32408›7115 Thomas Dr Unit 503

This home is located at 7115 Thomas Dr Unit 503 in Panama City Beach, FL and zip code 32408. This 2,328 square foot home was built in 2001. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $999,000.

Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $339,477, while the average time on the real estate market was 77 days.

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

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