2 months on rocket

7205 Thomas Dr Unit E605, Panama City Beach, FL, 32408

$549,000

Home List Price

$6,519*

Closing Credit

2 Bedrooms
2 Full Baths
1,050 SqFt
$523/SqFt
Condo

Location

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7205 Thomas Dr Unit E605, Panama City$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Parking Lot
Year Built1985
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf
ViewGulf
MLS #763123
StatusActive

About 7205 Thomas Dr Unit E605

STUNNINGLY renovated and remodeled! Dunes of Panama E605 is a modern beachfront condo and has gorgeous Gulf views from the master bedroom, living room, kitchen and its full length balcony! This property is new to the rental market and is rental ready or is move in ready as a second home. Fully renovated in 2021, it has ceramic tile throughout, textured ceilings, remodeled kitchen with granite countertops, farmhouse/single basin kitchen sink, stainless steel appliances and a beautifully tiled master shower with tub. Brand new remodeled updates in the last 10 months include: Living room and balcony furniture, duct work cleaned, Ecobee Wi-Fi thermostat with room sensors, new door handles, new washer and dryer, all new power outlets with charger ports and all new interior decor!Relax, unwind and enjoy your mornings gazing at the beach from your bed with access to the balcony from your master bedroom. Paradise awaits and is just steps away to the world's most beautiful sandy white beaches.The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), tennis courts, pickleball coming soon, basketball, free WI-FI, fitness room, volleyball, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop, and the Sneaky Tiki poolside bar.A/C 2017 and Water Heater 2019.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1985
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Bright Realty Solutions

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior: Pantry, Smart Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Additional Parking, Parking Lot

Utilities

Utilities Information:

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

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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $523/SqFt

HOA Fees:

  • Amount: $662
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,961
  • 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

7205 Thomas Dr Unit E605 vs Panama City

88 DAYS ON ROCKET

+9 Days

$549,000

+$209.7K More

$523/SqFt

+$322 More

KEY TAKEAWAY

This property is $209.7K more than the Median Sold Price and $322/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: #763123

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: 12/23/2024, 9:20:59 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

Jan 28, 2020Home Sold
$278,000
Mar 10, 2004Home Sold
$305,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,961$240,125
2018 - $205,275
2017 - $191,250

History based on county public records data.

Payment Calculator

$3,470

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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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-1173497
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-1173498
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.46 miles

  • Public District Grades PK-5

school-card-donut-1173499
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. 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 7205 Thomas Dr Unit E605

What is the listing price of this property?

The listing price of 7205 Thomas Dr Unit E605 property is $549,000.

What type of property is this?

The property 7205 Thomas Dr Unit E605 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7205 Thomas Dr Unit E605 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 $2,961 (source: MLS/based on county public records data).

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

The last sale was on January 28, 2020 for $278,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7205 Thomas Dr Unit E605 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7205 Thomas Dr Unit E605 is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7205 Thomas Dr Unit E605 is 1985.

Rocket Homes›Florida›Bay County›Panama City›32408›7205 Thomas Dr Unit E605

This home is located at 7205 Thomas Dr Unit E605 in Panama City Beach, FL and zip code 32408. This 1,050 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $549,000.

Over 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.

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

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