12 days on rocket

4715 Thomas Dr Unit 507, Panama City Beach, FL, 32408

$489,500

Home List Price

$5,813*

Closing Credit

2 Bedrooms
2 Full Baths
1,056 SqFt
$464/SqFt
Condo
Schools Nearby

Location

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4715 Thomas Dr Unit 507, Panama City$489,500

Buyer Closing Credits

$5,813*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1985
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
ViewGulf
MLS #948452
StatusActive

About 4715 Thomas Dr Unit 507

This condo has received upgrades that enhance its appeal—a new sliding door to the balcony in the living room and freshly installed kitchen cabinets. Past success as a short-term rental adds to its allure. Special assessments are already taken care of by the seller, and HOA dues are on track to decrease—exact amounts will be confirmed in June as per the HOA. Youll also have peace of mind with a favorable good milestone inspection report. To sweeten the deal, the owner is open to OWNER FINANCING, offering you more flexibility in securing this gem. Nestled by St. Andrews State Park, this condo not only offers stunning Gulf views but also easy access to outdoor adventures. Whether youre seeking your personal retreat or a savvy investment, envision customizing this space to your taste

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1985
  • Living Area: 1,056 SqFt

Listing Office:

  • Office Name: Lifes a Beach Luxury Real Estate
  • Office Email: woodyjunot@lifesabeachrealty.com
  • Listing Agent: Elwood J Junot

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Pool - In-Ground

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
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Traveling on Thomas Dr and Heading East to St. Andrews State Park. The Commodore will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,500
  • Price Per SqFt: $464/SqFt

Tax Information:

  • Annual Amount: $2,495
  • Tax Year: 2020
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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

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

4715 Thomas Dr Unit 507 vs Panama City

12 DAYS ON ROCKET

-49 Days

$489,500

+$141.8K More

$464/SqFt

+$259 More

KEY TAKEAWAY

This property is $141.8K more than the Median Sold Price and $259/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #948452

Listing Office:

  • Office Name: Lifes a Beach Luxury Real Estate
  • Office Email: woodyjunot@lifesabeachrealty.com
  • Listing Agent: Elwood J Junot

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: 5/10/2024, 11:20:40 AM 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$2,495$201,794
2018$2,698$212,415
2017$2,504$195,500

History based on county public records data.

Payment Calculator

$2,511

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,534

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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.

Elementary School

school-card-donut-9796779
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-9796780
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 7.88 miles

  • Public District Grades 6-8

High School

school-card-donut-9796781
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 6.00 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,776. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4715 Thomas Dr Unit 507

What is the listing price of this property?

The listing price of 4715 Thomas Dr Unit 507 property is $489,500.

What type of property is this?

The property 4715 Thomas Dr Unit 507 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 4715 Thomas Dr Unit 507 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4715 Thomas Dr Unit 507 are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
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 $2,495 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4715 Thomas Dr Unit 507 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4715 Thomas Dr Unit 507 is 1,056 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4715 Thomas Dr Unit 507 is 1985.

Rocket Homes›Florida›Bay County›Panama City›32408›4715 Thomas Dr Unit 507

This home is located at 4715 Thomas Dr Unit 507 in Panama City Beach, FL and zip code 32408. This 1,056 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $489,500.

In April 2024 more than 30 listings in Panama City, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 130 were sold below. The number of listings in Panama City, FL increased by 4.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 61 days, the median list price was $347,653.

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

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