4 months on rocket

7205 Thomas Dr Unit E601, Panama City Beach, FL, 32408

$889,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,975 SqFt
$451/SqFt
Condo
Schools Nearby

Location

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7205 Thomas Dr Unit E601, Panama City$889,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Guest, Paved
Year Built1985
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #747169
StatusActive

About 7205 Thomas Dr Unit E601

Dunes of Panama E601 - LOOK AT THIS Gorgeous large 3-bedroom with oversized wrap around balcony, plus an additional private balcony for the 3rd bedroom.Great rental property OR live in your own piece of paradise.Beautifully remodeled and decorated with fabulous gulf views from all the bedrooms, living area and kitchen. Wood look LVP flooring throughout. Large kitchen with beautiful countertops, tiled backsplash, and white appliances.Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 pools, tennis courts, basketball court, fitness room, shuffleboard, outdoor BBQ grills, poolside tiki bar, Stingray's restaurant & deli/souvenir shop, beach chair rental services, etc.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1985
  • Living Area: 1,975 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: Plank, Vinyl
  • Interior: Pantry, Remodeled, Split Bedrooms, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Additional Parking, Guest, Paved

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 for approximately one mile. Turn right into Dunes of Panama after you pass Rick Seltzer Public Park. Check in with Security at the entrance. Follow road to the left and park anywhere on top of parking garage or in parking lot. 'E' building is the tallest building of the Dunes and right next to Hidden Dunes.

Price Information

Listing Price Info

Price Summary:

  • List Price: $889,900
  • Price Per SqFt: $451/SqFt

HOA Fees:

  • Amount: $1114
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,659
  • 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

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

7205 Thomas Dr Unit E601 vs Panama City

122 DAYS ON ROCKET

+40 Days

$889,900

+$542.7K More

$451/SqFt

+$247 More

KEY TAKEAWAY

This property is $542.7K more than the Median Sold Price and $247/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: #747169

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, 6:25:19 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 15, 1999Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,659$394,825
2018$3,817$301,750
2017$4,137$325,125

History based on county public records data.

Payment Calculator

$5,623

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,734

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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-2508439
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 3.18 miles

  • Public District Grades PK-8

High School

school-card-donut-2508440
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 3.91 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. The most common annual income of people living in Panama City, FL is between $35k-100k. Most families are 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 7205 Thomas Dr Unit E601

What is the listing price of this property?

The listing price of 7205 Thomas Dr Unit E601 property is $889,900.

What type of property is this?

The property 7205 Thomas Dr Unit E601 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 7205 Thomas Dr Unit E601 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 E601 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 $4,659 (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 15, 1999 for $260,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7205 Thomas Dr Unit E601 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7205 Thomas Dr Unit E601 is 1,975 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7205 Thomas Dr Unit E601 is 1985.

Rocket Homes›Florida›Bay County›Panama City›32408›7205 Thomas Dr Unit E601

This home is located at 7205 Thomas Dr Unit E601 in Panama City Beach, FL and zip code 32408. This 1,975 square foot home was built in 1985. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 28, 2023 and is currently priced at $889,900.

Panama City, FL housing market in March 2024 saw over 13 listings sold above listed price, more than 63 sold at listed price and over 120 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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