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Backup Offers

7205 Thomas Dr Unit E1402, Panama City Beach, FL, 32408

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
2 Full Baths
1,050 SqFt
$475/SqFt
Condo
Schools Nearby

Location

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7205 Thomas Dr Unit E1402, Panama City$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking
Year Built1985
HeatingElectric
CoolingCeiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #753358
StatusAccepting Backup Offers
(Active Under Contract)

About 7205 Thomas Dr Unit E1402

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' This Gulf Front 2 bedroom, 2 bath condo has fabulous views from the living room, dining room, kitchen and master suite. Tiled floors throughout, with crown molding, recessed lighting, remodeled kitchen, and textured ceilings. Comes fully furnished. With the beach just steps away, relax and unwind in your second home or rental investment property that is sure to please. Look at these views! 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.A/C and Water Heater 2015. Appliances 2017.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1985
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Bright Realty Solutions

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Crown Molding, Recessed Lighting

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

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: 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 for approximately one mile. Turn right into Dunes of Panama after you pass Rick Seltzer Public Park. Check in with Secur

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $475/SqFt

HOA Fees:

  • Amount: $662
  • Frequency: Monthly
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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 E1402 vs Panama City

67 DAYS ON ROCKET

+6 Days

$499,000

+$151.3K More

$475/SqFt

+$270 More

KEY TAKEAWAY

This property is $151.3K more than the Median Sold Price and $270/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: #753358

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: 5/5/2024, 9:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,220

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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NMLS#3030

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-6399575
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 3.18 miles

  • Public District Grades PK-8

High School

school-card-donut-6399576
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. Typical family type is 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 7205 Thomas Dr Unit E1402

What is the listing price of this property?

The listing price of 7205 Thomas Dr Unit E1402 property is $499,000.

What type of property is this?

The property 7205 Thomas Dr Unit E1402 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Accepting Backup Offers: 7205 Thomas Dr Unit E1402 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 E1402 are:
Breakfast Point Academy: GreatSchools Rating 6/10
J.R. Arnold High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 7205 Thomas Dr Unit E1402 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7205 Thomas Dr Unit E1402 is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7205 Thomas Dr Unit E1402 is 1985.

Rocket Homes›Florida›Bay County›Panama City›32408›7205 Thomas Dr Unit E1402

This home is located at 7205 Thomas Dr Unit E1402 in Panama City Beach, FL and zip code 32408. This 1,050 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $499,000.

In April 2024, from all listings sold in Panama City, FL there were more than 30 sold above asking price, over 130 sold below and more than 51 were sold right at the asked price. The inventory of homes for sale in Panama City, FL between March 2024 and April 2024 increased by 4.7%. The median list price of listings available in April 2024 was $347,653, while the average time on the real estate market was 61 days.

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

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