Motivated Seller. This unit is on the much desired second floor overlooking the large swimming pool and the beautiful sugar sand of the Gulf. The Treasure Island complex because of its orientation offers perhaps the best view of the entire beach.The Master Bedroom and the living room are Gulf front. In addition to the two bedrooms the unit has a built in bunk area. The complex is located near several fine restaurants, St Andrews State Park and the new Bay County Sports complex located on Panama City Beach Parkway. All information is believed to be correct but should be verified by the Buyer.
Property Details
Property Features
Property Information:
Architectural Style: High Rise
Year Built: 2005
Living Area: 1,370 SqFt
Listing Office:
Office Name: Jim Free Realty LLC
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Tile
Interior: Breakfast Bar, Crown Molding, Window Treatments
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: Yes
Waterfront: Gulf
View: Gulf
Exterior: Balcony
Parking Information:
Parking: Covered, Permit Required
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Ceiling Fan(s), Electric
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 Hathaway Bridge, left on Thomas Drive, complex is on the left just past the big curve.
Price Information
Listing Price Info
Price Summary:
List Price: $679,000
Price Per SqFt: $496/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.
$4,314
Per Month
Principal & Interest
$3,389
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
$2,102
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. Typical income of Panama City, FL residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5004 Thomas Dr Unit 209
What is the listing price of this property?
The listing price of 5004 Thomas Dr Unit 209 property is $679,000.
What type of property is this?
The property 5004 Thomas Dr Unit 209 is a condo located in Panama City Beach, Florida, 32408.
Is this property for sale now?
Active Listing: 5004 Thomas Dr Unit 209 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5004 Thomas Dr Unit 209 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 August 15, 2005 for $625,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5004 Thomas Dr Unit 209 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5004 Thomas Dr Unit 209 is 1,370 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5004 Thomas Dr Unit 209 is 2005.
This home is located at 5004 Thomas Dr Unit 209 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 July 13, 2023 and is currently priced at $679,000.
While more than 30 listings in Panama City, FL in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 130 were sold below. The inventory of homes for sale in Panama City, FL between March 2024 and April 2024 increased by 4.7%. Listings spent 61 days on the market in April 2024, and had a median list price of $347,653 during the same period.
From Rocket Homes Real Estate and based on county public records data.