4 months on rocket

7205 Thomas Dr Unit E704, Panama City Beach, FL, 32408

$585,000

Home List Price

$6,947*

Closing Credit

2 Bedrooms
2 Full Baths
1,289 SqFt
$454/SqFt
Condo

Location

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7205 Thomas Dr Unit E704, Panama City$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1985
HeatingCentral
CoolingCentral Air
WaterfrontGulf
ViewGulf
MLS #759909
StatusActive

About 7205 Thomas Dr Unit E704

The ultimate gulf view! This prime 7th floor cozy unit has all the comforts you are looking for in a home or rental. The living area, kitchen and master bedroom have views of the emerald coast. Features include oversized master, ample closet space, stainless appliances, solid surface countertops, new windows and balcony doors. The gated community of the Dunes of Panama offers tennis courts, shuffleboard, 3 gulf front pools (1 heated), fitness room, free wi-fi, onsite restaurant/gift shop (Stingray's) and poolside bar (Sneaky Tiki) all along 1500 feet of gulf. You never have to leave paradise! I could go on and on, but you have to see for yourself! Call today for a showing appointment.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1985
  • Living Area: 1,289 SqFt

Listing Office:

  • Office Name: Own It Real Estate LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
  • Interior: Breakfast Bar, Pantry, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Built-in Barbecue, Balcony

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Going east on Thomas from Front Beach, complex is on left past Rick Seltzer Park. Turn gulfside into gated community. Left after gate and building is the 3rd on the right (just before Hidden Dunes).

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $454/SqFt

HOA Fees:

  • Amount: $770
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,002
  • 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 E704 vs Panama City

130 DAYS ON ROCKET

+53 Days

$585,000

+$245.5K More

$454/SqFt

+$252 More

KEY TAKEAWAY

This property is $245.5K more than the Median Sold Price and $252/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: #759909

Listing Office:

  • Office Name: Own It Real Estate LLC

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, 7:20:51 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 15, 2010Home Sold
$212,000
Nov 13, 2002Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,002$240,125
2018$2,651$208,642
2017$2,493$194,617

History based on county public records data.

Payment Calculator

$3,757

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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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-543159
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-543160
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.46 miles

  • Public District Grades PK-5

school-card-donut-543161
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 majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7205 Thomas Dr Unit E704

What is the listing price of this property?

The listing price of 7205 Thomas Dr Unit E704 property is $585,000.

What type of property is this?

The property 7205 Thomas Dr Unit E704 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7205 Thomas Dr Unit E704 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 $3,002 (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 15, 2010 for $212,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7205 Thomas Dr Unit E704 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7205 Thomas Dr Unit E704 is 1,289 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7205 Thomas Dr Unit E704 is 1985.

Rocket Homes›Florida›Bay County›Panama City›32408›7205 Thomas Dr Unit E704

This home is located at 7205 Thomas Dr Unit E704 in Panama City Beach, FL and zip code 32408. This 1,289 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $585,000.

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. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.

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

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