5 months on rocket

6905 Thomas Dr Unit 209, Panama City Beach, FL, 32408

$430,000

Home List Price

$5,106*

Closing Credit

1 Bedroom
2 Full Baths
835 SqFt
$515/SqFt
Condo
Schools Nearby

Location

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6905 Thomas Dr Unit 209, Panama City$430,000

Buyer Closing Credits

$5,106*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPaved, Parking Lot
Year Built1983
HeatingElectric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Waterfront
ViewGulf
MLS #748224
StatusActive

About 6905 Thomas Dr Unit 209

Welcome to Pelican Walk 209, your beautiful 1-bedroom, 2-bathroom Gulf-front sanctuary on the coveted east end of Panama City Beach. This thoughtfully remodeled condo offers more than just a home; it's a front-row ticket to paradise, bringing in $15K Gross Rental income for just June-September and booked solid in October. The balcony, perched on the second floor, grants unobstructed views of the western pool, the pristine beach, and the Gulf waters. It's the ideal vantage point to witness the breathtaking sunsets over the Gulf, painting the sky with stunning hues.Inside, the condo is an epitome of comfort and style. The primary bedroom boasts a king-sized bed and an adjacent private bathroom with a custom-tiled shower, complete with a bench seat for added luxury. A second full bathroom with a shower ensures convenience for both residents and guests. The fully equipped kitchen seamlessly connects to the dining and living areas, making entertaining and relaxation effortless. Everything you need for a beachfront lifestyle is here, including all furnishings, appliances, and decor, excluding only the owner's personal items.Beyond your charming unit, Pelican Walk offers an abundance of amenities to enhance your coastal experience. Enjoy two Gulf-front pools (one seasonally heated), a relaxing hot tub, tennis and pickleball courts, shuffleboard, grilling and picnic areas with gas and charcoal options for memorable gatherings, racquetball courts for active pursuits, and a cozy owner's lounge and club room for socializing with neighbors. Don't miss the opportunity to own this piece of paradise, but remember to verify all details to ensure it's your perfect beachfront haven.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1983
  • Living Area: 835 SqFt

Listing Office:

  • Office Name: Beach House Sales and Development

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Crown Molding, Paneling/Wainscoting, Remodeled, Recessed Lighting, Natural Woodwork, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Balcony, Hot Tub/Spa, Outdoor Grill, Pool

Parking Information:

  • Parking: Paved, Parking Lot

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Go left on Joan Avenue onto Thomas Dr for 2 miles on right. Gulf side, just passed Hidden Dunes

Price Information

Listing Price Info

Price Summary:

  • List Price: $430,000
  • Price Per SqFt: $515/SqFt

HOA Fees:

  • Amount: $1340
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,369
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

6905 Thomas Dr Unit 209 vs Panama City

176 DAYS ON ROCKET

+94 Days

$430,000

+$82.8K More

$515/SqFt

+$311 More

KEY TAKEAWAY

This property is $82.8K more than the Median Sold Price and $311/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: #748224

Listing Office:

  • Office Name: Beach House Sales and Development

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: 4/28/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 28, 2015Home Sold
$187,100
Apr 20, 2011Home Sold
$129,000
Jun 08, 2000Home Sold
$142,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,369$195,288
2018$2,187$170,638
2017$1,995$155,125

History based on county public records data.

Payment Calculator

$2,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,356

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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.

Middle School

school-card-donut-1930012
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 3.39 miles

  • Public District Grades PK-8

High School

school-card-donut-1930013
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 4.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,268. The majority of Panama City, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6905 Thomas Dr Unit 209

What is the listing price of this property?

The listing price of 6905 Thomas Dr Unit 209 property is $430,000.

What type of property is this?

The property 6905 Thomas Dr Unit 209 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6905 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 6905 Thomas Dr Unit 209 are:
Breakfast Point Academy: GreatSchools Rating 6/10
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 $2,369 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 28, 2015 for $187,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6905 Thomas Dr Unit 209 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 6905 Thomas Dr Unit 209 is 835 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6905 Thomas Dr Unit 209 is 1983.

Rocket Homes›Florida›Bay County›Panama City›32408›6905 Thomas Dr Unit 209

This home is located at 6905 Thomas Dr Unit 209 in Panama City Beach, FL and zip code 32408. This 835 square foot home was built in 1983. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $430,000.

In March 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 120 were sold below. The inventory of homes for sale in Panama City, FL between February 2024 and March 2024 increased by 3.2%. While the average time on the market in March 2024 was 82 days, the median list price was $347,126.

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

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