2 months on rocket

9860 S Thomas Dr Unit 1825, Panama City Beach, FL, 32408

$442,500

Home List Price

$5,255*

Closing Credit

2 Bedrooms
2 Full Baths
1,262 SqFt
$351/SqFt
Condo

Location

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9860 S Thomas Dr Unit 1825, Panama City Beach$442,500

Buyer Closing Credits

$5,255*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Detached, Garage
Garage1 space
Year Built2008
HeatingElectric
CoolingCeiling Fan(s), Electric
WaterfrontLake Front
ViewGulf, Lake
MLS #762979
StatusActive

About 9860 S Thomas Dr Unit 1825

Welcome to your beach oasis! As you enter this meticulously cared for 2 bedroom/ 2 bathroom plus Bunk Room unit, just steps away from The World's Most Beautiful White-Sand Beaches', Shopping, Dining & Entertainment. This Beachside Resort Offers Unparalleled Amenities with Convenient Beach Access, 5 Unique Pools, Splash Bar & Grill, Gulf View Fitness Center & Covered Garage Parking. Laketown Wharf Offers a variety of views, including The Gulf of Mexico, Lake & Golf Course. This unit is situated above it all and has unparalleled views of the Gulf. Enjoy The Nightly Fountain & Light Show & Market Shops Along The 52,000 Square feet of Lakefront Boardwalk. Truly a unit that you must view in person!Enjoy the luxury of relaxing and listening to those waves roll in from your oversized balcony or sit back and relax in your 1200+ square foot condo that is turn key and ready to make memories with your friends and family for years to come. Laketown Wharf is one of the most highly sought after resort style condominiums in Panama City Beach and has a proven rental income that will make this unit equally as appealing to the investor as it does to the family looking for a second home or vacation home.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2008
  • Living Area: 1,262 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior: Kitchen Island, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Gulf, Lake
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Additional Parking, Detached, Garage

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Located at the Corner of Front Beach Road and S. Thomas Drive, Across from Pineapple Willy's. From Front Beach Road Turn onto Thomas Drive and into Parking lot. The security guard will issue a day pass for the garage to park. Take elevators at the *elbow* of the building to the 18th floor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $442,500
  • Price Per SqFt: $351/SqFt

HOA Fees:

  • Amount: $2783
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,533
  • 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

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

9860 S Thomas Dr Unit 1825 vs Panama City Beach

80 DAYS ON ROCKET

-24 Days

$442,500

-$12K Less

$351/SqFt

+$30 More

KEY TAKEAWAY

This property is $12K less than the Median Sold Price and $30/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #762979

Listing Office:

  • Office Name: Beachy Beach Real Estate

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: 12/21/2024, 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

Listing History

Jun 27, 2018Home Sold
$238,200

Tax History

YEARPROP. TAXASSESSMENT
2020$2,533$204,000
2018$2,469$197,965
2017$2,171$195,925

History based on county public records data.

Payment Calculator

$3,203

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,393

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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-688506
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 2.46 miles

  • Public District Grades KG-5

school-card-donut-688507
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.47 miles

  • Public District Grades KG-5

school-card-donut-688508
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 5.84 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,561. Residents of Panama City Beach, 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 9860 S Thomas Dr Unit 1825

What is the listing price of this property?

The listing price of 9860 S Thomas Dr Unit 1825 property is $442,500.

What type of property is this?

The property 9860 S Thomas Dr Unit 1825 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9860 S Thomas Dr Unit 1825 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 $2,533 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 27, 2018 for $238,200. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9860 S Thomas Dr Unit 1825 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 9860 S Thomas Dr Unit 1825 is 1,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9860 S Thomas Dr Unit 1825 is 2008.

Rocket HomesFloridaBay CountyPanama City Beach324089860 S Thomas Dr Unit 1825

This home is located at 9860 S Thomas Dr Unit 1825 in Panama City Beach, FL and zip code 32408 in the Long Beach neighborhood. This 1,262 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $442,500.

In November 2024 more than 8 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 90 were sold below. The number of listings in Panama City Beach, FL increased by 1% between October 2024 and November 2024. In November 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $454,516.

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

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