One of the last large parcels on Thomas Drive consisting of four 50' x 125' lots for a total of 100' x 250'. Two of the lots are 100'wide on Thomas Drive and two of the lots are 100' wide on Elizabeth Avenue. Access from both roads make for perfect in and out for 6 homes and perhaps a community pool in the middle. With several buildout possibilities waiting please let any and all developers know about this lot
Property Details
Property Features
Listing Office:
Office Name: Counts Real Estate Group Inc
Lot Features
Lot Information:
Lot Size: 0.57 Acres
Other
Directions Information:
Directions: Heading south on Joan Avenue turn left on Thomas Drive. Lots will be a short distance down on the left
Price Information
Listing Price Info
Price Summary:
List Price: $1,600,000
Tax Information:
Annual Amount: $658
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,053
Per Month
Principal & Interest
$7,986
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,863
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school1.31 miles
Public District Grades KG-5
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school3.94 miles
Public District Grades KG-5
3
/10
Lucille Moore Elementary School
1900 Michigan Ave
Distance between this listing and this school4.83 miles
Public District Grades PK-5
Nearby Schools
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school2.98 miles
Public District Grades KG-8
6
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school5.05 miles
Public District Grades 6-8
10
/10
University Academy Sabl Inc
1980 Discovery Loop
Distance between this listing and this school6.77 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school3.23 miles
Public District Grades 9-12
7
/10
Rising Leaders Academy
1527 Lincoln Ave
Distance between this listing and this school5.64 miles
Public Charter Grades KG-12
1
/10
Central High School
1250 W 17th St
Distance between this listing and this school6.31 miles
The neighbors living near this home have an average income of $73,465. Residents of Panama City, FL typically earn between $35k-100k each year. Typical family type is 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 8316 Thomas Dr
What is the listing price of this property?
The listing price of 8316 Thomas Dr property is $1,600,000.
What type of property is this?
The property 8316 Thomas Dr is land located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 8316 Thomas Dr 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 $658 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8316 Thomas Dr in Panama City Beach, FL and zip code 32408 in the Bel Air neighborhood. This home sits on a 0.57 acre lot. It has been listed on Rocket Homes since October 05, 2023 and is currently priced at $1,600,000.
In November 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 33 were sold right at the asked price. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. While the average time on the market in November 2024 was 79 days, the median list price was $339,223.
From Rocket Homes Real Estate and based on county public records data.