2 months on rocket

7115 Thomas Dr Unit 1101, Panama City Beach, FL, 32408

$1,195,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,344 SqFt
$510/SqFt
Condo
Schools Nearby

Location

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7115 Thomas Dr Unit 1101, Panama City$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Covered, Detached, Garage, Gated, Permit Required, Parking Lot
Year Built2001
HeatingElectric, Heat Pump
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
WaterfrontGulf, Waterfront
ViewGulf
Private PoolYes
MLS #752741
StatusActive

About 7115 Thomas Dr Unit 1101

Million Dollar Gulf and Balcony Sunset Views from this renovated 3 bedroom, 3 Full Bath Hidden Dunes Luxury Resort - END - unit condo with over 2300 SF! Fully furnished, Beachfront w/Floor to Ceiling Views, Oversized 53' Wrap Balcony with lots of seating, Master with Gulf Views and Balcony Access, Gulf Front Pool (seasonally heated), Fitness Center, Wading Pool, Grilling/Picnic Area, 2.5 miles from St. Andrews State Park: beaches, boat tours, nature trails, Outdoor storage unit and more!Situated directly on the sugar white sands of PCB - Truly a MUST SEE! Excellent rental revenue Investment of $65k - $82k or luxurious 2nd home on the World's most beautiful beaches on the Gulf Coast!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2001
  • Living Area: 2,344 SqFt

Listing Office:

  • Office Name: Lifes A Beach Real Estate, LLC

Interior Features

Interior Information:

  • Appliances: Double Oven, Dryer, Dishwasher, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Pantry, Remodeled

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Balcony, Sprinkler/Irrigation, Outdoor Grill, Pool

Parking Information:

  • Parking: Additional Parking, Covered, Detached, Garage, Gated, Permit Required, Parking Lot

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

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

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: Panama City Beach Pkwy to Thomas Drive. Enter at Dunes of Panama and Hidden Dunes gate. From Richard Jackson Blvd, turn left on Front Beach Rd to right on Thomas Drive, Resort will be on the left just past Rick Seltzer Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $510/SqFt

HOA Fees:

  • Amount: $4366
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $6,451
  • 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

7115 Thomas Dr Unit 1101 vs Panama City

82 DAYS ON ROCKET

+21 Days

$1,195,000

+$847.3K More

$510/SqFt

+$305 More

KEY TAKEAWAY

This property is $847.3K more than the Median Sold Price and $305/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: #752741

Listing Office:

  • Office Name: Lifes A Beach Real Estate, LLC

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: 5/5/2024, 4:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 21, 2002Home Sold
$420,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,451$541,875
2018$6,819$535,288
2017$6,173$486,625

History based on county public records data.

Payment Calculator

$7,487

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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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-6580778
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 3.26 miles

  • Public District Grades PK-8

High School

school-card-donut-6580779
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 3.97 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 $54,268. Most Panama City, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7115 Thomas Dr Unit 1101

What is the listing price of this property?

The listing price of 7115 Thomas Dr Unit 1101 property is $1,195,000.

What type of property is this?

The property 7115 Thomas Dr Unit 1101 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7115 Thomas Dr Unit 1101 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7115 Thomas Dr Unit 1101 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 $6,451 (source: MLS/based on county public records data).

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

The last sale was on February 21, 2002 for $420,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7115 Thomas Dr Unit 1101 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7115 Thomas Dr Unit 1101 is 2,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7115 Thomas Dr Unit 1101 is 2001.

Rocket Homes›Florida›Bay County›Panama City›32408›7115 Thomas Dr Unit 1101

This home is located at 7115 Thomas Dr Unit 1101 in Panama City Beach, FL and zip code 32408. This 2,344 square foot home was built in 2001. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $1,195,000.

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 inventory of homes for sale in Panama City, FL between March 2024 and April 2024 increased by 4.7%. In April 2024 median list price was $347,653 and the average listing age was 61 days.

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

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