2 months on rocket

9900 S Thomas Dr Unit 431, Panama City Beach, FL, 32408

$650,000

Home List Price

$7,719*

Closing Credit

3 Bedrooms
3 Full Baths
1,400 SqFt
$464/SqFt
Condo

Location

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9900 S Thomas Dr Unit 431, Panama City Beach$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Attached, Garage
Attached Garage1 space
Year Built2007
CoolingCentral Air
WaterfrontGulf, Waterfront
MLS #763392
StatusActive

About 9900 S Thomas Dr Unit 431

**Investor's Dream: Turn-Key 4th Story Vacation Rental in Shores of Panama** Unlock the potential of high-yield returns with this stunning 3-bedroom, 3-bath condo, perfectly situated on the 4th story with same level parking of the esteemed Shores of Panama. With a captivating wrap-around private patio showcasing breathtaking beachfront views of the emerald waters and white sands of the Gulf of Mexico, this property is not just a home--it's a lucrative investment opportunity! **Key Features:** - **Fully Furnished & Ready to Rent:** This spacious condo is fresh from renovations (2020), boasting new flooring, countertops, and a fresh coat of paint. Enjoy the full furnished beautifully decorated unit with solid wood furnishings throughout, making it ready for vacationers or short-term rental guests from day one. - **Designated Parking:** Convenience is key with a dedicated parking space located on the same floor as the condo, eliminating the hassle of searching for parking. - **Recent Upgrades:** All new Smart TVs throughout. Front loader water dryer.A brand new water heater (2023) ensures reliability for your guests, promising uninterrupted comfort throughout their stay. - **Inclusive HOA Fees:** Building insurance is seamlessly managed within the HOA fees, providing peace of mind without added financial worry. Seller is paying special assessments with accepted offer.**Amenities:** Experience unparalleled luxury at the Shores of Panama, where resort-style living takes center stage. Enjoy: - A stunning lagoon-style pool with a zero-entry design - Two tiki bars for on-site dining and refreshing beverages - A kids' play area for family-friendly fun - Heated indoor pool and accompanying Jacuzzi for year-round enjoyment - Close proximity to Pineapple Willy's, a beloved beachfront restaurant **Prime Location:** Centrally located in Panama City Beach, this condo offers direct access to local attractions, beach activities, and water sports, making it an ideal second home or investment property. **Immediate Income Potential:** Managed by Real Joy Property Management, this property comes with a track record of success and future reservations already in place. Start seeing immediate returns on your investment! Don't miss this incredible opportunity to own a piece of paradise that combines luxury living with solid investment potential. Schedule your viewing today and discover why Shores of Panama is a top destination for both vacationers and savvy investors.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2007
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: Dalton Wade Inc

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior: Kitchen Island, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Waterfront
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Additional Parking, Attached, Garage

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: FROM THOMAS DR OR FRONT BEACH ROAD TURN ON TO S THOMAS DR HEADED TOWARDS PINEAPPLE WILLIES. COMPLEX IN BEND OF ROAD

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $464/SqFt

HOA Fees:

  • Amount: $3827
  • Frequency: Quarterly
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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

9900 S Thomas Dr Unit 431 vs Panama City Beach

80 DAYS ON ROCKET

-24 Days

$650,000

+$195.4K More

$464/SqFt

+$143 More

KEY TAKEAWAY

This property is $195.4K more than the Median Sold Price and $143/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: #763392

Listing Office:

  • Office Name: Dalton Wade 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: 12/23/2024, 1:20:59 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

$4,587

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-1125860
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.43 miles

  • Public District Grades KG-5

school-card-donut-1125861
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 2.55 miles

  • Public District Grades KG-5

school-card-donut-1125862
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 5.83 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. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9900 S Thomas Dr Unit 431

What is the listing price of this property?

The listing price of 9900 S Thomas Dr Unit 431 property is $650,000.

What type of property is this?

The property 9900 S Thomas Dr Unit 431 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9900 S Thomas Dr Unit 431 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 9900 S Thomas Dr Unit 431 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 9900 S Thomas Dr Unit 431 is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9900 S Thomas Dr Unit 431 is 2007.

Rocket HomesFloridaBay CountyPanama City Beach324089900 S Thomas Dr Unit 431

This home is located at 9900 S Thomas Dr Unit 431 in Panama City Beach, FL and zip code 32408. This 1,400 square foot home was built in 2007. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $650,000.

In November 2024, from all listings sold in Panama City Beach, FL there were more than 8 sold above asking price, over 90 sold below and more than 25 were sold right at the asked price. In November 2024 in Panama City Beach, FL there were 1% more homes for sale than in October 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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