2 months on rocket

8407 Thomas Dr Unit 2, Panama City Beach, FL, 32408

$499,900

Home List Price

$5,936*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,279 SqFt
$391/SqFt
Townhouse
Schools Nearby

Location

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8407 Thomas Dr Unit 2, Panama City$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDrive Through, Driveway, Parking Lot
Year Built1982
HeatingElectric
CoolingElectric
Private PoolYes
MLS #752929
StatusActive

About 8407 Thomas Dr Unit 2

Are you looking for your own private vacation spot on the Beach? Are you no longer wanting to share your space at your home away from home? If so, check out this unit located on the beach side of Thomas Drive. That's right, beachside, so only 100 feet to the Beach with no road in between you and the sparkling teal waters of Panama City Beach. Spacious and clean, this unit is close enough to the Beach to enjoy the sound of the waves from your Master bedroom-covered balcony that overlooks the courtyard and pool area. This property has very low HOAs and only eight owners, so you will enjoy having the place mostly to yourself the majority of the time. Downstairs is very spacious and tastefully complemented with tile floors. The kitchen features solid wood cabinets, lots of cabinet and counter space, a breakfast bar, and a full-sized laundry room just off the kitchen for convenience. The living area features a view of the courtyard and a patio with waterproof decking. Also, the downstairs has a half bath, a large storage closet/pantry, and exterior storage just off the covered patio. Journey upstairs to find two sizeable bedrooms, both big enough to fit a king-size bed with lots of extra space. One bedroom has a large walk-in closet, and the master bedroom has double closets and a covered balcony that overlooks the courtyard and pool area; both the balcony and covered also include weatherproof decking and an additional storage closet, but most importantly, the sound of the waves hitting the coast just outside your master bedroom double glass doors. The four-piece bathroom features a custom double sink vanity with a marble countertop and can be accessed from the hall or the master bedroom. Enjoy many upgrades, including storm glass doors, a custom front door, upgraded lighting, resist light, marble countertops, tile floors, wood floors, LVP, stainless steel appliances, a water heater and pressure tank, and an upgraded washer and dryer that will convey with the sale along with most of the furniture making this property turn-key and ready for your next vacation. Another fantastic feature of this townhome is that the roof is separate for each unit, so you will not have to worry about sharing any roofing costs. This townhome is only 100 feet from Beach Access 20 and are long-term tenants only, so there is no need for concerns about vacationers being in and out of your courtyard and a large community private pool and patio area.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Living Area: 1,279 SqFt

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Water Heater, Disposal, Washer
  • Flooring Type: Tile, Vinyl
  • Interior: Breakfast Bar, Crown Molding, New Paint, Pantry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, Fence, Pool

Parking Information:

  • Parking: Drive Through, Driveway, Parking Lot

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: 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: Heading West on the Hathaway Bridge trun right onto Front Beach Rd US 98 W drive .2 mi than left onto Joan Ave drive .69 mi than turn left onto C R 392/Thomas Drive 8427 Thomas Drive unit 2 is the seconed unit to the end.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $391/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,153
  • 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

8407 Thomas Dr Unit 2 vs Panama City

78 DAYS ON ROCKET

+17 Days

$499,900

+$152.2K More

$391/SqFt

+$186 More

KEY TAKEAWAY

This property is $152.2K 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: #752929

Listing Office:

  • Office Name: CENTURY 21 Ryan Realty 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: 5/14/2024, 1:20:36 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

May 25, 2011Home Sold
$90,000
Mar 02, 2005Home Sold
$242,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,153$91,498
2018$1,091$84,000
2017$1,087$83,107

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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-467751
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.42 miles

  • Public District Grades PK-8

High School

school-card-donut-467752
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 3.16 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,465. 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 8407 Thomas Dr Unit 2

What is the listing price of this property?

The listing price of 8407 Thomas Dr Unit 2 property is $499,900.

What type of property is this?

The property 8407 Thomas Dr Unit 2 is a townhouse located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8407 Thomas Dr Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8407 Thomas Dr Unit 2 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 $1,153 (source: MLS/based on county public records data).

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

The last sale was on May 25, 2011 for $90,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8407 Thomas Dr Unit 2 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8407 Thomas Dr Unit 2 is 1,279 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8407 Thomas Dr Unit 2 is 1982.

Rocket Homes›Florida›Bay County›Panama City›32408›8407 Thomas Dr Unit 2

This home is located at 8407 Thomas Dr Unit 2 in Panama City Beach, FL and zip code 32408 in the Bel Air neighborhood. This 1,279 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $499,900.

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. In April 2024 in Panama City, FL there were 4.7% more homes for sale than in March 2024. 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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