2 months on rocket

7505 Thomas Dr Ph 121G, Panama City Beach, FL, 32408

$2,450,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
3,079 SqFt
$796/SqFt
Condo

Location

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7505 Thomas Dr Ph 121G, Panama City$2,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingGarage, Covered, Deeded
Garage1 space
Year Built2002
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
FireplaceFireplace, Gas Fireplace
ViewGulf
Private PoolYes
MLS #958258
StatusActive

About 7505 Thomas Dr Ph 121G

Welcome to your dream first-floor penthouse condominium at 7505 Thomas Drive, PH 121G, nestled within the En Soleil Condominiums of Panama City Beach, FL. This remarkable, fully furnished residence features 5 bedrooms, 4 full en-suite bathrooms, and spans 3,079 square feet of thoughtfully designed living space. Adding to its allure, an expansive 1,700 sq. ft. terrace boasts a private pool, outdoor kitchen, and stunning panoramic views of the Gulf of Mexico, offering a total of 4,779 sq. ft. of coastal living. Inside, the split floor plan ensures privacy, with the primary suite and other bedrooms located on opposite sides of the penthouse. The lovely French country-inspired primary suite offers a spa-like bathroom with a jetted tub, a large walk-in shower, and two spacious walk-in closets, along with a vanity area. Floor-to-ceiling windows flood the residence with natural light, enhancing the already breathtaking views. Step outside to your brand-new 16x10 heated pool, situated on your oversized private terrace. This area features an outdoor kitchen with a grill (2022) and a partially covered lounging/dining area, making it ideal for both entertaining and relaxing. The open-concept interior kitchen includes an eat-in bar, new refrigerator, wine refrigerator, custom cabinetry, granite countertops, and two dining areas, creating a perfect setting for family gatherings. The open floor plan creates a seamless flow between the living, dining, and kitchen areas, ideal for hosting guests and enjoying indoor/outdoor living and entertainment. The terrace provides spectacular views of the turquoise waters along the Emerald Coast, perfect for enjoying your morning coffee or sunset cocktails. Recent upgrades include new Cat-5 hurricane-rated windows and sliding glass doors (2023), new HVAC systems (2024), new baseboards and crown molding, new blinds throughout, a new exterior patio tile border, and a recently painted exterior privacy terrace fence. Additional upgrades include new over-counter kitchen pendant lights, a new fireplace, 7 new smart TVs, and a new refrigerator inside the private deeded storage room. This penthouse not only provides a stunning retreat but also offers strong rental income potential, with projections of up to $150,000 annually. Designed to attract guests with its breathtaking Gulf-front views, resort amenities, and unparalleled privacy and security, this property stands out as a prime investment opportunity. Residents of En Soleil Condominiums enjoy top-tier amenities, including 24/7 security, private beach access with beach chair setup, resort-style pools, an on-site fitness center, conference room, and covered garage parking. The two 15-story towers, with just 2-3 condos per floor, offer exceptional privacy and space. Enjoy your expansive Gulf-view terrace and the convenience of underground parking, complete with your own deeded space and direct elevator access to climate-controlled vestibules, ensuring comfort in any season. This gated private community, with only 88 units, is also renowned for its meticulously maintained grounds. En Soleil is just moments from world-class golf, sport fishing, gourmet dining, and boutique shops. This resort boasts over 6,500 square feet of stunning swimming pools, two beachfront hot tubs, and striking waterfall features, along with 450 feet of private sugar sand beach. From the pool deck, just follow the private beach walkway to your special place in the sun. En Soleil is unlike any resort you have experienced before! Dont miss this rare opportunity to own a penthouse at En Soleil Condominiums - Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 2002
  • Living Area: 3,079 SqFt

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Email: flbrokers@lptrealty.com
  • Listing Agent: Veronica K Johnson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer, Wine Cooler
  • Flooring Type: Hardwood, Terrazzo
  • Interior: Breakfast Bar, Built-in Bookshelves, Ceiling Crown Molding, Raised Ceiling, Tray/Cofferd Ceiling, Fireplace, Kitchen Island, Recessed Lighting, Newly Painted, Owners Closet, Pantry, Plantation Shutters, Skylight, Wainscoting Walls, Washer/Dryer Hookups, Window Treatment(s)
  • Fireplace: Fireplace, Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: BBQ Pit/Grill, Fenced Privacy, Patio Covered, Patio Open, Pool - Heated, Pool - In-Ground, Summer Kitchen

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage, Covered, Deeded

Virtual/3D Tour

  • Virtual Tour: 7505 Thomas Dr Ph 121G
Virtual Tour

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Gated Gulf front complex off of Thomas Drive in Panama City Beach, FL; west of Rick Seltzer Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000
  • Price Per SqFt: $796/SqFt

HOA Fees:

  • Amount: $8533
  • 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

7505 Thomas Dr Ph 121G vs Panama City

72 DAYS ON ROCKET

-5 Days

$2,450,000

+$2.1M More

$796/SqFt

+$594 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $594/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #958258

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Email: flbrokers@lptrealty.com
  • Listing Agent: Veronica K Johnson

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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, 7:20:56 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.

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$15.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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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-401291
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.15 miles

  • Public District Grades KG-5

school-card-donut-401292
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 4.43 miles

  • Public District Grades KG-5

school-card-donut-401293
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.59 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,268. Residents of Panama City, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7505 Thomas Dr Ph 121G

What is the listing price of this property?

The listing price of 7505 Thomas Dr Ph 121G property is $2,450,000.

What type of property is this?

The property 7505 Thomas Dr Ph 121G is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7505 Thomas Dr Ph 121G is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7505 Thomas Dr Ph 121G has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 7505 Thomas Dr Ph 121G is 3,079 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7505 Thomas Dr Ph 121G is 2002.

Rocket Homes›Florida›Bay County›Panama City›32408›7505 Thomas Dr Ph 121G

This home is located at 7505 Thomas Dr Ph 121G in Panama City Beach, FL and zip code 32408 in the Silver Sands Beach neighborhood. This 3,079 square foot home was built in 2002. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $2,450,000.

In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were sold below. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $339,477.

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

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