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6609 Thomas Dr Unit 705, Panama City Beach, FL, 32408

$700,000

Home List Price

$8,313*

Closing Credit

2 Bedrooms
2 Full Baths
1,427 SqFt
$491/SqFt
Condo
Schools Nearby

Location

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6609 Thomas Dr Unit 705, Panama City$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDeeded, Detached, Garage, Parking Lot
Garage1 space
Year Built1999
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #753916
StatusActive

About 6609 Thomas Dr Unit 705

Private enclosed garage! Unit 705 comes with a coveted garage space which is a rare amenity for condos in Panama City Beach. In addition, Coral Reef offers incredible amenities and recent upgrades that make this complex easy to love. All new windows and doors were updated over the last couple of years, and all new paint has kept this complex looking fresh and adding to the cleanliness factor. This unit is a perfect option to call home or own as a home away from home while it brings in rental income while you are away (short-term rentals are allowed with an option of an on-site rental company if desired). Owners are allowed to have pest, and the quarterly fees include water, sewage, trash, cable TV, high-speed internet, pest control, lawn care and building insurance.If you have visited Coral Reef, you know what a gem this location is! From its two pools (one is heated), covered gazebo, and easy access to the Gulf to its proximity to St Andrews State Park, local restaurants, and being embedded in a popular location for rental guests to visit, Coral Reef offers an excellent opportunity for ownership along some of the world's most beautiful beaches.Unit 705 is a two bedroom, two-bathroom condo with Gulf views from the kitchen, entertainment spaces, and the primary bedroom and bathroom. The spacious layout offers flexibility in furnishing it to optimize the flow how you choose. A large kitchen anchors the entertainment space and provides plenty of cabinet storage options. An in-unit laundry room and pantry help this unit feel like home.Your private balcony is accessed off the entertainment space and offers plenty of room for a table and chairs and also for additional seating chairs.The primary bedroom offers ample room for a king sized bed, and offers two sets of windows that look out over stunning Gulf of Mexico views. The large primary bathroom consists of an entry vanity with tons of counter space for getting ready while others shower and get ready in the remaining bathroom area able to be closed off if needed. The spacious primary bathroom offers a shower tub combo and an additional vanity.A roomy guest bedroom currently offers two queen beds with flexibility for a king bed with bunks if desired and comes with an en-suite bathroom.Enjoy all that Panama City Beach has to offer with this beautiful beachfront condo that also comes with a private garage.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1999
  • Living Area: 1,427 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Flooring Type: Tile
  • Interior: High Ceilings, New Paint, Pantry, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony, Outdoor Shower, Pool

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Deeded, Detached, Garage, Parking Lot

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 St Andrews State Park, travel west on Thomas Drive- Coral Reef is the white building with Coral trim next to Sterling Beach- Beach front- 6609 Thomas Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $491/SqFt

HOA Fees:

  • Amount: $1450
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,014
  • 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

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

6609 Thomas Dr Unit 705 vs Panama City

52 DAYS ON ROCKET

-30 Days

$700,000

+$352.8K More

$491/SqFt

+$287 More

KEY TAKEAWAY

This property is $352.8K more than the Median Sold Price and $287/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #753916

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Beach Properties of Florida

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: 4/29/2024, 2:25:19 PM 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$4,014$313,650
2018$3,761$297,325
2017$3,792$297,750

History based on county public records data.

Payment Calculator

$5,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-3153823
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.24 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3153824
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 6.28 miles

  • Public District Grades 6-8

High School

school-card-donut-3153825
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 4.42 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 $68,601. Residents of Panama City, FL typically earn between $35k-100k each year. The majority of families are 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 6609 Thomas Dr Unit 705

What is the listing price of this property?

The listing price of 6609 Thomas Dr Unit 705 property is $700,000.

What type of property is this?

The property 6609 Thomas Dr Unit 705 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6609 Thomas Dr Unit 705 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 6609 Thomas Dr Unit 705 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 $4,014 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 6609 Thomas Dr Unit 705 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6609 Thomas Dr Unit 705 is 1,427 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6609 Thomas Dr Unit 705 is 1999.

Rocket Homes›Florida›Bay County›Panama City›32408›6609 Thomas Dr Unit 705

This home is located at 6609 Thomas Dr Unit 705 in Panama City Beach, FL and zip code 32408. This 1,427 square foot home was built in 1999. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $700,000.

In March 2024, from all listings sold in Panama City, FL there were more than 13 sold above asking price, over 120 sold below and more than 63 were sold right at the asked price. The inventory of homes for sale in Panama City, FL between February 2024 and March 2024 increased by 3.2%. In March 2024 median list price was $347,126 and the average listing age was 82 days.

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

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