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Backup Offers

7205 Thomas Dr Unit A408, Panama City Beach, FL, 32408

$410,000

Home List Price

$4,869*

Closing Credit

2 Bedrooms
2 Full Baths
1,050 SqFt
$390/SqFt
Condo
Schools Nearby

Location

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7205 Thomas Dr Unit A408, Panama City$410,000

Buyer Closing Credits

$4,869*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Guest
Year Built1974
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #750768
StatusAccepting Backup Offers
(Active Under Contract)

About 7205 Thomas Dr Unit A408

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Vacation with your pets at this pet friendly Dunes of Panama 'A' building condo! Enjoy beautiful sunset views from this 2 bedroom, 2 bathroom Gulf Front condo that is literally just steps to the beach, two pools, grills and a poolside tiki bar! This condo will make a great investment property or a second home. Tiled kitchen, dining room, hallways and bathrooms. Remodeled to an open floor plan, redesigned kitchen and remodeled bathrooms. Own your own piece of paradise. The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), tennis courts, basketball, free WI-FI, fitness room, volleyball, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 1974
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Bright Realty Solutions

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Additional Parking, Guest

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
  • Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: From the corner of Joan Avenue and Thomas Drive, go East (left) on Thomas Drive. Turn right into Dunes of Panama, after you pass Rick Seltzer Public Park. Turn right to Building A.

Price Information

Listing Price Info

Price Summary:

  • List Price: $410,000
  • Price Per SqFt: $390/SqFt

HOA Fees:

  • Amount: $702
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,843
  • 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

7205 Thomas Dr Unit A408 vs Panama City

107 DAYS ON ROCKET

+25 Days

$410,000

+$62.8K More

$390/SqFt

+$186 More

KEY TAKEAWAY

This property is $62.8K more than the Median Sold Price and $186/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: #750768

Listing Office:

  • Office Name: Bright Realty Solutions

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, 4:25:18 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

Sep 17, 2014Home Sold
$180,000
Dec 05, 2006Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,843$236,725
2018$2,452$186,065
2017$2,172$169,150

History based on county public records data.

Payment Calculator

$2,816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,296

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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-2420840
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 3.18 miles

  • Public District Grades PK-8

High School

school-card-donut-2420841
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 3.91 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 most common annual income of people living in Panama City, FL is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7205 Thomas Dr Unit A408

What is the listing price of this property?

The listing price of 7205 Thomas Dr Unit A408 property is $410,000.

What type of property is this?

The property 7205 Thomas Dr Unit A408 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Accepting Backup Offers: 7205 Thomas Dr Unit A408 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7205 Thomas Dr Unit A408 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 $2,843 (source: MLS/based on county public records data).

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

The last sale was on September 17, 2014 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7205 Thomas Dr Unit A408 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7205 Thomas Dr Unit A408 is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7205 Thomas Dr Unit A408 is 1974.

Rocket HomesFloridaBay CountyPanama City324087205 Thomas Dr Unit A408

This home is located at 7205 Thomas Dr Unit A408 in Panama City Beach, FL and zip code 32408. This 1,050 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $410,000.

While more than 13 listings in Panama City, FL in March 2024 were sold above asking price, there were more than 63 listings sold at asking price, and more than 120 were sold below. Between February 2024 and March 2024, Panama City, FL real estate market has seen increase in the number of listings by 3.2%. In March 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $347,126.

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

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