7 months on rocket

8730 S Thomas Dr Unit 408, Panama City Beach, FL, 32408

$309,000

Home List Price

$3,669*

Closing Credit

2 Bedrooms
2 Full Baths
846 SqFt
$365/SqFt
Condo

Location

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8730 S Thomas Dr Unit 408, Panama City$309,000

Buyer Closing Credits

$3,669*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingBoat, Electric Gate, Parking Lot, RV Access/Parking
Year Built1984
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #757604
StatusActive

About 8730 S Thomas Dr Unit 408

NEW PRICE! ---Discover this charming waterfront villa, ideally located for both relaxation and adventure. This 2-bedroom + bonus room with bed, 2-bathroom unit features a beautiful luxury vinyl plank flooring and updated kitchen with granite countertops. The master bedroom loft area includes a full master bath and an additional storage area. Enjoy fantastic views from the living room, kitchen, master bedroom, and covered patio. The vaulted ceilings create an airy and open feel, adding to the home's charm. The exterior of this villa is equally impressive, offering gorgeous views of the Grand Lagoon. This property is perfect for resort living, short-term rentals, or long-term rental, providing excellent investment potential. Located less than a block from the beach with easy public access, this villa is ideal for beach lovers. The community offers a range of amenities, including a pool, tennis courts, and a dock. Boating enthusiasts will appreciate the quick and easy access to the bay and the Gulf of Mexico. This condo boasts a beautiful view of the Grand Lagoon and is situated in a community less than a block from the beach with public beach access. Enjoy the community pool, tennis courts, and dock. The property is conveniently close to entertainment, restaurants, shopping, and the navy base, ensuring you are never far from what you need. All information and measurements should be verified if important. Don't miss out on this incredible opportunity to own a piece of paradise.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 1984
  • Living Area: 846 SqFt

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • Interior: Breakfast Bar, High Ceilings, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Parking: Boat, Electric Gate, Parking Lot, RV Access/Parking

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Directions from 10740 Hutchison Blvd to 8730 Thomas Dr. Head toward Churchwell Dr on Hutchison Blvd (SR-392A). Go for 0.7 mi. Continue on Thomas Dr (CR-392). Go for 0.5 mi. Turn left onto N Lagoon Dr (CR-3030). Go for 0.4 mi.Turn right onto Joan Ave (CR-30B). Go for 0.2 mi. Turn left. Go for 328 ft. Gated entrance to Villas of St Thomas

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,000
  • Price Per SqFt: $365/SqFt

HOA Fees:

  • Amount: $2024
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

8730 S Thomas Dr Unit 408 vs Panama City

211 DAYS ON ROCKET

+132 Days

$309,000

-$30.2K Less

$365/SqFt

+$164 More

KEY TAKEAWAY

This property is $30.2K less than the Median Sold Price and $164/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: #757604

Listing Office:

  • Office Name: ERA Neubauer Real Estate Inc

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: 12/22/2024, 4:20:58 AM 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.

Payment Calculator

$2,284

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$993

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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.

Nearby Schools

school-card-donut-874197
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.52 miles

  • Public District Grades KG-5

school-card-donut-874198
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.57 miles

  • Public District Grades KG-5

school-card-donut-874199
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 5.03 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,465. The majority of Panama City, FL residents have income between $35k-100k annually. Most families are 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 8730 S Thomas Dr Unit 408

What is the listing price of this property?

The listing price of 8730 S Thomas Dr Unit 408 property is $309,000.

What type of property is this?

The property 8730 S Thomas Dr Unit 408 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8730 S Thomas Dr Unit 408 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8730 S Thomas Dr Unit 408 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8730 S Thomas Dr Unit 408 is 846 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8730 S Thomas Dr Unit 408 is 1984.

Rocket HomesFloridaBay CountyPanama City324088730 S Thomas Dr Unit 408

This home is located at 8730 S Thomas Dr Unit 408 in Panama City Beach, FL and zip code 32408. This 846 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $309,000.

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. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. In November 2024 median list price was $339,223 and the average listing age was 79 days.

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

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