3 months on rocket

7205 Thomas Dr Unit B308, Panama City Beach, FL, 32408

$529,900

Home List Price

$6,293*

Closing Credit

2 Bedrooms
2 Full Baths
1,190 SqFt
$445/SqFt
Condo
Schools Nearby

Location

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7205 Thomas Dr Unit B308, Panama City$529,900

Buyer Closing Credits

$6,293*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingElectric Gate, Guest, Open, Paved, Permit Required, Parking Lot
Year Built1980
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Sandy Shoreline, Natural Shoreline, Waterfront
ViewGulf
MLS #752002
StatusActive

About 7205 Thomas Dr Unit B308

Nice End Unit with great Gulf and Pool Views! Popular less dense B-Building end unit with Beautiful Gulf of Mexico location and beach front views. This high in demand Dunes of Panama gated complex includes 1500 feet of beach front with 3 Pools, Owner rec building, fitness center, tennis courts and MORE!... all right next to Rick Seltzer County Park that includes additional open/public beachfront. End units are slightly larger than interior units and include smaller extra balcony off second bedroom. Updated kitchen with granite counter tops, all Stainless LG appliances, ice in door refrig. Window and pantry closet in kitchen with lots of natural light. Bath cabinetry updated with granite. Owner lockable private closet in foyer. See attached Seller Disclosure with current HOA and assessment figures and info. THE IS AN ADDITIONAL $197/MO PAYABLE OVER 10 YR FOR REPAIRS TO BULDING. (its a little less then 10 years as seller has been paying for about 6 mo.s)

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 1980
  • Living Area: 1,190 SqFt

Listing Office:

  • Office Name: O'Keefe & Wainwright Inc

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Electric Oven, Electric Water Heater, 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, Sandy Shoreline, Natural Shoreline, Waterfront
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Electric Gate, Guest, Open, Paved, Permit Required, Parking Lot

Lot Features

Lot Information:

  • Lot: Level, Waterfront

Utilities

Utilities Information:

  • Heating: Central
  • 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: Take Thomas Drive to Dunes Of Panama gated entrance at 7205 Thomas Drive, just inside gate bear right to B Building to right of and behind tennis courts. Unit on 3rd floor of B Bldg.

Price Information

Listing Price Info

Price Summary:

  • List Price: $529,900
  • Price Per SqFt: $445/SqFt

HOA Fees:

  • Amount: $794
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,099
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

7205 Thomas Dr Unit B308 vs Panama City

95 DAYS ON ROCKET

+34 Days

$529,900

+$182.2K More

$445/SqFt

+$240 More

KEY TAKEAWAY

This property is $182.2K more than the Median Sold Price and $240/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: #752002

Listing Office:

  • Office Name: O'Keefe & Wainwright Inc

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, 8:20:38 AM 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$3,099$267,750
2018$2,496$194,901
2017$2,362$191,250

History based on county public records data.

Payment Calculator

$3,506

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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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-6383031
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 3.18 miles

  • Public District Grades PK-8

High School

school-card-donut-6383032
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. Residents of Panama City, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7205 Thomas Dr Unit B308

What is the listing price of this property?

The listing price of 7205 Thomas Dr Unit B308 property is $529,900.

What type of property is this?

The property 7205 Thomas Dr Unit B308 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7205 Thomas Dr Unit B308 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7205 Thomas Dr Unit B308 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 $3,099 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7205 Thomas Dr Unit B308 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7205 Thomas Dr Unit B308 is 1,190 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7205 Thomas Dr Unit B308 is 1980.

Rocket Homes›Florida›Bay County›Panama City›32408›7205 Thomas Dr Unit B308

This home is located at 7205 Thomas Dr Unit B308 in Panama City Beach, FL and zip code 32408. This 1,190 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $529,900.

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 number of listings in Panama City, FL increased by 4.7% between March 2024 and April 2024. 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.

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