10 months on rocket

7205 Thomas Dr Unit E601, Panama City Beach, FL, 32408

$889,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,975 SqFt
$450/SqFt
Condo

Location

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7205 Thomas Dr Unit E601, Panama City$889,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Guest, Paved
Year Built1985
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #747169
StatusActive

About 7205 Thomas Dr Unit E601

Dunes of Panama E601 - Beautifully remodeled gorgeous large 3-bedroom with oversized wrap around balcony, plus an additional private balcony for the 3rd bedroom. Milestone Report has been completed, repairs are almost complete (Replacing trash chute doors and sealing front walkways are all that's left. Work is being completed daily), and ALL Assessments have been paid!!Great rental property OR live in your own piece of paradise.Updated and decorated with fabulous gulf views from all the bedrooms, living area and kitchen. Wood look LVP flooring throughout. Large kitchen with beautiful countertops, tiled backsplash, and white appliances.Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 pools, tennis courts, basketball court, fitness room, shuffleboard, outdoor BBQ grills, poolside tiki bar, Stingray's restaurant & deli/souvenir shop, beach chair rental services, etc.*Appliances and AC 2018, new UV Light in AC system fall 2023 and new dishwasher 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1985
  • Living Area: 1,975 SqFt

Listing Office:

  • Office Name: Bright Realty Solutions

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior: Pantry, Remodeled, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Additional Parking, Guest, Paved

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From the corner of Joan Avenue and Thomas Drive, go East (Left) on Thomas Drive for approximately one mile. Turn right into Dunes of Panama after you pass Rick Seltzer Public Park. Check in with Security at the entrance. Follow road to the left and park anywhere on top of parking garage or in parking lot. 'E' building is the tallest building of the Dunes and right next to Hidden Dunes.

Price Information

Listing Price Info

Price Summary:

  • List Price: $889,000
  • Price Per SqFt: $450/SqFt

HOA Fees:

  • Amount: $1114
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,659
  • 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

7205 Thomas Dr Unit E601 vs Panama City

329 DAYS ON ROCKET

+252 Days

$889,000

+$549.5K More

$450/SqFt

+$248 More

KEY TAKEAWAY

This property is $549.5K more than the Median Sold Price and $248/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: #747169

Listing Office:

  • Office Name: Bright Realty Solutions

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: 11/21/2024, 10:20:51 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

Feb 15, 1999Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,659$394,825
2018$3,817$301,750
2017$4,137$325,125

History based on county public records data.

Payment Calculator

$5,618

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,732

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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-444883
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-444884
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.46 miles

  • Public District Grades PK-5

school-card-donut-444885
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 4.67 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. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family 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 7205 Thomas Dr Unit E601

What is the listing price of this property?

The listing price of 7205 Thomas Dr Unit E601 property is $889,000.

What type of property is this?

The property 7205 Thomas Dr Unit E601 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7205 Thomas Dr Unit E601 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 $4,659 (source: MLS/based on county public records data).

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

The last sale was on February 15, 1999 for $260,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7205 Thomas Dr Unit E601 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7205 Thomas Dr Unit E601 is 1,975 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7205 Thomas Dr Unit E601 is 1985.

Rocket Homes›Florida›Bay County›Panama City›32408›7205 Thomas Dr Unit E601

This home is located at 7205 Thomas Dr Unit E601 in Panama City Beach, FL and zip code 32408. This 1,975 square foot home was built in 1985. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 28, 2023 and is currently priced at $889,000.

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 number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 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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