11 days on rocket

8422 Thomas Dr Apt C, Panama City Beach, FL, 32408

$429,000

Home List Price

$5,094*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,140 SqFt
$376/SqFt
Condo
Schools Nearby

Location

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8422 Thomas Dr Apt C, Panama City$429,000

Buyer Closing Credits

$5,094*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1983
HeatingCentral
CoolingCeiling Fan(s), Central Air
MLS #947965
StatusActive

About 8422 Thomas Dr Apt C

Welcome to your slice of paradise at 8422 Thomas Drive! This perfect beach rental offers an unparalleled coastal lifestyle, which is on the East end of Panama City Beach in the Bel Air Community. Steps away from the Gulf of Mexico, sugar white sands and emerald green water. 2 bedrooms, 1.5 bathrooms, and fully furnished for your convenience, this charming retreat is an ideal investment opportunity as a vacation rental or a tranquil primary beach home. Relax at home with the full kitchen or dine out, with multiple restaurants nearby. Wake up to breathtaking sunrises and spend lazy afternoons soaking up the sun on your front porch or balconies, or unwind with spectacular sunsets over the Gulf. Convenience is key, with a plethora of restaurants, entertainment options, and an amusement park/arcade within easy reach. Whether youre craving fresh seafood or vibrant nightlife, everything you desire is just moments away. The backyard of this beachside haven is fenced, offering privacy and the opportunity to create your own oasis. Transform the space with a water feature, hot tub, or swim spa, or indulge your green thumb and landscape to your hearts content. The possibilities are endless for creating your personal sanctuary at the beach. With no HOA, this townhome is ideal for both long-term and short-term rental investments. Recently replaced roof in 2021, this property offers peace of mind and hassle-free ownership. Whether youre seeking a lucrative investment or a permanent beach retreat, 8422 Thomas Drive checks all the boxes. Bonus- all furniture is included, making it perfect for a turnkey investment opportunity or for personal use! Schedule your visit today and let the soothing waves and the salty ocean breeze welcome you home.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1983
  • Living Area: 1,140 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc
  • Office Email: steve@countsrealestate.com
  • Listing Agent: Bubba McCants

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Microwave, Electric Oven
  • Interior: Owners Closet, Pantry

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Fenced Back Yard, Fenced Privacy, Patio Covered

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

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 Hathaway Bridge west on Front Beach Rd, left on JoAnn Ave, left on Thomas Drive, complex is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,000
  • Price Per SqFt: $376/SqFt

Tax Information:

  • Annual Amount: $1,236
  • 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

8422 Thomas Dr Apt C vs Panama City

11 DAYS ON ROCKET

-50 Days

$429,000

+$81.3K More

$376/SqFt

+$171 More

KEY TAKEAWAY

This property is $81.3K more than the Median Sold Price and $171/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #947965

Listing Office:

  • Office Name: Counts Real Estate Group Inc
  • Office Email: steve@countsrealestate.com
  • Listing Agent: Bubba McCants

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 5/3/2024, 4:20:41 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

Jan 07, 2021Home Sold
$224,900
Jul 31, 2007Home Sold
$81,500
Jul 31, 2007Home Sold
$81,500
Mar 16, 2007Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,236$98,328
2018$1,247$95,279
2017$1,132$86,617

History based on county public records data.

Payment Calculator

$2,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,353

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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-5461621
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.37 miles

  • Public District Grades PK-8

High School

school-card-donut-5461622
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 3.11 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. Residents of Panama City, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8422 Thomas Dr Apt C

What is the listing price of this property?

The listing price of 8422 Thomas Dr Apt C property is $429,000.

What type of property is this?

The property 8422 Thomas Dr Apt C is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8422 Thomas Dr Apt C is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8422 Thomas Dr Apt C 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 $1,236 (source: MLS/based on county public records data).

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

The last sale was on January 7, 2021 for $224,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8422 Thomas Dr Apt C has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8422 Thomas Dr Apt C is 1,140 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8422 Thomas Dr Apt C is 1983.

Rocket HomesFloridaBay CountyPanama City324088422 Thomas Dr Apt C

This home is located at 8422 Thomas Dr Apt C in Panama City Beach, FL and zip code 32408 in the Bel Air neighborhood. This 1,140 square foot home was built in 1983. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $429,000.

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. In April 2024 median list price was $347,653 and the average listing age was 61 days.

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

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