4 months on rocket

9850 S Thomas Dr Unit 512E, Panama City, FL, 32408

$299,000

Home List Price

$3,551*

Closing Credit

1 Bedroom
1 Full Bath
618 SqFt
$484/SqFt
Condo

Location

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9850 S Thomas Dr Unit 512E, Panama City$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGated, Paved, Parking Lot
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline, Natural Shoreline, Waterfront
ViewGulf
MLS #761152
StatusActive

About 9850 S Thomas Dr Unit 512E

Your next great investment opportunity is screaming for your attention!1 Look at this price!!! This is now the only listing in the building under 300K so don't think too long. This 1-bedroom, 1-bathroom condo boasts stunning views of the center pool, the pristine beaches, and the magnificent Gulf of Mexico. With its superior windows and open concept layout--thanks to the removal of the kitchen wall--this condo exudes a spacious and airy feel, perfect for soaking in the natural light and scenic vistas. While it could benefit from a number of updates, this unit offers incredible potential for rental income, especially in such a sought-after location. Imagine transforming this space into a modern coastal retreat that future tenants will love! The community's prime amenities, including a beautiful center pool and close proximity to the beach, only add to the allure of this promising property. Don't miss out on the chance to make this condo truly shine! The transformation at Sunbird is basically here!! The tennis courts is the last of any major Still in the works!! The complex shows amazing, the corridors are clean, the decking is over the top and the Beach and views are breathtaking!! And do you want to talk location? Walk to Pineapple Willies, Walmart, Waffle House and a number of fast food and sit down restaurants and soon... Tootsies, where the old iconic Spinnakers was located. There are three pools with one heated. The center pool has just been totally redone! You know what happens when something looks fresh and new and the rentals are up and the excitement is in the air? You will wish you made that wise decision much earlier.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1984
  • Living Area: 618 SqFt

Listing Office:

  • Office Name: LPT Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Natural Shoreline, Waterfront
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Gated, Paved, Parking Lot

Lot Features

Lot Information:

  • Lot: Landscaped, Waterfront

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Furthest west side of Thomas Dr. next door to Pineapple Willies.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $484/SqFt

HOA Fees:

  • Amount: $2136
  • Frequency: Quarterly
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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

9850 S Thomas Dr Unit 512E vs Panama City

126 DAYS ON ROCKET

+47 Days

$299,000

-$40.2K Less

$484/SqFt

+$283 More

KEY TAKEAWAY

This property is $40.2K less than the Median Sold Price and $283/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: #761152

Listing Office:

  • Office Name: LPT Realty 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: 12/22/2024, 10:21:00 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

$2,272

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-951909
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.38 miles

  • Public District Grades KG-5

school-card-donut-951910
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 2.65 miles

  • Public District Grades KG-5

school-card-donut-951911
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 5.82 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,561. The majority of Panama City, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9850 S Thomas Dr Unit 512E

What is the listing price of this property?

The listing price of 9850 S Thomas Dr Unit 512E property is $299,000.

What type of property is this?

The property 9850 S Thomas Dr Unit 512E is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 9850 S Thomas Dr Unit 512E is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 9850 S Thomas Dr Unit 512E has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 9850 S Thomas Dr Unit 512E is 618 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9850 S Thomas Dr Unit 512E is 1984.

Rocket Homes›Florida›Bay County›Panama City›32408›9850 S Thomas Dr Unit 512E

This home is located at 9850 S Thomas Dr Unit 512E in Panama City, FL and zip code 32408. This 618 square foot home was built in 1984. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 18, 2024 and is currently priced at $299,000.

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

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

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