Here's your opportunity to own in the beautiful Treasure Island beachfront resort close to St. Andrews State Park on the east end of Panama City Beach for $50,000 below market value. This condo has 2 bedrooms plus built in bunk beds and a sleeper sofa to accommodate 8 people. It has been newly painted and has newer luxury vinyl plank in the living area. Living room couches are newer as are water heater, fridge, and air conditioner. Treasure Island balconies are the biggest ones on the beach. This condo is lovely for your family to enjoy, but it also has a strong rental history of around $56,000. Take advantage of this opportunity soon!
Property Details
Property Features
Property Information:
Architectural Style: High Rise
Year Built: 2005
Living Area: 1,370 SqFt
Listing Office:
Office Name: Savvy Avenue LLC
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Waterfront: Gulf
View: Gulf
Parking Information:
Garage Space: 1 space
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: from ecp airport go north on 79 then east on 98 and then north on thomas dr
Price Information
Listing Price Info
Price Summary:
List Price: $599,990
Price Per SqFt: $438/SqFt
HOA Fees:
Amount: $2575
Frequency: Quarterly
Tax Information:
Annual Amount: $4,069
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Panama City, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,920
Per Month
Principal & Interest
$2,995
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$858
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,865
Powered By
Advertisement
NMLS#3030
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
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school2.15 miles
Public District Grades PK-5
Middle School
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school7.58 miles
Public District Grades 6-8
High School
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school5.70 miles
Public District Grades 9-12
Assigned Schools
7
/10
Patronis Elementary School
7400 Patronis Dr
Distance between this listing and this school2.15 miles
Public District Grades PK-5
Nearby Schools
9
/10
University Academy (Sabl, Inc.)
4750 Collegiate Dr
Distance between this listing and this school3.86 miles
Public Charter Grades KG-4
2
/10
Lucille Moore Elementary School
1900 Michigan Ave
Distance between this listing and this school4.08 miles
Public District Grades PK-5
Assigned Schools
5
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school7.58 miles
Public District Grades 6-8
Nearby Schools
6
/10
Breakfast Point Academy
601 North Richard Jackson Blvd
Distance between this listing and this school4.99 miles
Public District Grades PK-8
7
/10
North Bay Haven Charter Academy Middle School
1104 Balboa Ave
Distance between this listing and this school5.11 miles
Public Charter Grades 6-8
Assigned Schools
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school5.70 miles
Public District Grades 9-12
Nearby Schools
9
/10
North Bay Haven Career Academy
1104 Balboa Ave
Distance between this listing and this school5.11 miles
Public Charter Grades 9-12
6
/10
Bay Virtual Franchise
1311 Balboa Ave
Distance between this listing and this school5.13 miles
The neighbors living near this home have an average income of $41,776. Residents of Panama City, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5004 Thomas Dr Unit 1410
What is the listing price of this property?
The listing price of 5004 Thomas Dr Unit 1410 property is $599,990.
What type of property is this?
The property 5004 Thomas Dr Unit 1410 is a condo located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Sale Pending: 5004 Thomas Dr Unit 1410 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 5004 Thomas Dr Unit 1410 are: Patronis Elementary School: GreatSchools Rating 7/10Surfside Middle School: GreatSchools Rating 5/10J.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 $4,069 (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 25, 2012 for $223,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5004 Thomas Dr Unit 1410 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5004 Thomas Dr Unit 1410 is 1,370 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5004 Thomas Dr Unit 1410 is 2005.
This home is located at 5004 Thomas Dr Unit 1410 in Panama City Beach, FL and zip code 32408 in the Gulf Lagoon Beach neighborhood. This 1,370 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $599,990.
Over 30 listings were sold over their listed price in April 2024 in Panama City, FL. In the same period over 130 listings were sold below the listed price and 51 listings were sold for the listed price. Between March 2024 and April 2024, Panama City, FL real estate market has seen increase in the number of listings by 4.7%. The median list price of listings available in April 2024 was $347,653, while the average time on the real estate market was 61 days.
From Rocket Homes Real Estate and based on county public records data.