2 months on rocket

9860 S Thomas Dr Unit 1421, Panama City Beach, FL, 32408

$540,000

Home List Price

$6,413*

Closing Credit

3 Bedrooms
3 Full Baths
1,681 SqFt
$321/SqFt
Condo

Location

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9860 S Thomas Dr Unit 1421, Panama City Beach$540,000

Buyer Closing Credits

$6,413*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage, Guest
Garage2 spaces
Year Built2008
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontOther, Gulf
ViewGulf
MLS #958063
StatusActive

About 9860 S Thomas Dr Unit 1421

Discover unparalleled coastal living in this beautifully updated gulf-view condo at Laketown Wharf. This true three-bedroom unit, complete with an additional bunk room and three full baths, offers an ideal blend of modern comfort and luxury, making it perfect for investors or those seeking a turnkey vacation rental. Step inside to find a space that has been thoughtfully renovated with attention to detail. The kitchen is a chefs delight, featuring brand-new quartz countertops, a stylish new backsplash and stainless steel appliances, all updated in the past four years. The master bath has been elegantly updated, and the entire condo boasts fresh lighting, new LVP flooring and freshly painted cabinets, creating a contemporary and inviting atmosphere. The latest in home technology is also included, with an Ecobee smart thermostat and door sensors (doorbell can be added) installed in 2022, ensuring both comfort and energy efficiency. Major updates, such as a new HVAC system in 2023 and a water heater in 2022, provide peace of mind and enhance the condos appeal. Laketown Wharf is renowned for its extensive resort amenities, including five stunning resort-style pools, a sprawling 52,000-sq.-ft. boardwalk, and an impressive freshwater lake. Enjoy nightly dancing fountain light shows, a state-of-the-art fitness center and convenient beach access, all within a gated community. Additional amenities such as on-site parking, a mini-mart, a childrens playground and seasonal activities make this location perfect for families and vacationers alike. This condo stands out not only for its prime location and gulf views but also for the meticulous updates and true three-bedroom layout, offering a rare opportunity in the market. With its combination of luxury, convenience and investment potential, this property is ready to provide years of enjoyment and strong rental income.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 2008
  • Living Area: 1,681 SqFt

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Email: blake@scenicsir.com
  • Listing Agent: Kandace N Tomes-Holland

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Laminate
  • Interior: Kitchen Island, Recessed Lighting, Track Lighting, Owners Closet, Renovated, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Other, Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage, Guest

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Located at the Corner of Front Beach Road and S. Thomas Drive, Across from Pineapple Willys

Price Information

Listing Price Info

Price Summary:

  • List Price: $540,000
  • Price Per SqFt: $321/SqFt

HOA Fees:

  • Amount: $3707
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,216
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$466.7K

Med. Price/SqFt

$329

Avg. Days On Market

119

# of Sold Homes

111

9860 S Thomas Dr Unit 1421 vs Panama City Beach

63 DAYS ON ROCKET

-56 Days

$540,000

+$73.2K More

$321/SqFt

-$9 Less

KEY TAKEAWAY

This property is $73.2K more than the Median Sold Price and $9/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #958063

Listing Office:

  • Office Name: Scenic Sothebys International Realty
  • Office Email: blake@scenicsir.com
  • Listing Agent: Kandace N Tomes-Holland

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: 10/31/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,216$263,500
2018$2,709$218,238
2017$2,479$217,175

History based on county public records data.

Payment Calculator

$3,998

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

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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.

Middle School

school-card-donut-841970
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 0.98 miles

  • Public District Grades PK-8

High School

school-card-donut-841971
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.89 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9860 S Thomas Dr Unit 1421

What is the listing price of this property?

The listing price of 9860 S Thomas Dr Unit 1421 property is $540,000.

What type of property is this?

The property 9860 S Thomas Dr Unit 1421 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9860 S Thomas Dr Unit 1421 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 9860 S Thomas Dr Unit 1421 are:
Breakfast Point Academy: GreatSchools Rating 6/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,216 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 9860 S Thomas Dr Unit 1421 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 9860 S Thomas Dr Unit 1421 is 1,681 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9860 S Thomas Dr Unit 1421 is 2008.

Rocket HomesFloridaBay CountyPanama City Beach324089860 S Thomas Dr Unit 1421

This home is located at 9860 S Thomas Dr Unit 1421 in Panama City Beach, FL and zip code 32408 in the Long Beach neighborhood. This 1,681 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $540,000.

Panama City Beach, FL housing market in September 2024 saw over 11 listings sold above listed price, more than 13 sold at listed price and over 87 sold below. The number of homes for sale in Panama City Beach, FL increased by 0.2% between August 2024 and September 2024. Listings spent 119 days on the market in September 2024, and had a median list price of $466,785 during the same period.

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

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