14 days on rocket

8727 Thomas Dr Unit E4, Panama City Beach, FL, 32408

$289,000

Home List Price

$3,432*

Closing Credit

1 Bedroom
1 Full Bath
752 SqFt
$384/SqFt
Condo
Schools Nearby

Location

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8727 Thomas Dr Unit E4, Panama City Beach$289,000

Buyer Closing Credits

$3,432*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1974
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf
MLS #748177
StatusActive

About 8727 Thomas Dr Unit E4

Discover the allure of this exquisite one-bedroom residence nestled within the prestigious Sugar Beach Condo. This exclusive enclave boasts a plethora of amenities, including private beach access, 24/7 gated surveillance, a clubhouse, barbecue facilities, tennis courts, pickleball, shuffleboard, and fishing opportunities. It's not just a place to live; it's a welcoming haven for families and pets alike.Ideally located mere minutes away from world-class dining, shopping, and family-friendly activities, Sugar Beach Condo offers the perfect blend of convenience and luxury.This unit has been thoughtfully upgraded, with a brand-new water heater and air conditioning. All appliances were replaced in 2019, and the roof was also refreshed that year. The seller is even covering the cost of replacing all windows and glass doors.As you step inside, an abundance of natural light pours in through the glass doors, creating a warm and inviting atmosphere. The generously sized master bedroom is tucked away at the rear of the unit, offering a retreat of tranquility. Stroll down the hall, and you'll be captivated by the view of the serene coy pond through the expansive glass sliding doors, infusing your living room and kitchen with a sense of wonder. The kitchen is equipped with all-new appliances, and the living room features brand-new furniture. When you step onto the secluded back porch, you can savor the splendid weather while relaxing with friends and family.This unit represents an exceptional investment opportunity, with the potential to generate over $30,000 in rental income. Schedule your private viewing today and immerse yourself in the splendor of this remarkable property.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 1974
  • Living Area: 752 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • Exterior: Outdoor Grill, Pool

Utilities

Utilities Information:

  • Heating: Central, Electric
  • 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: Head west toward US-98 ETurn right onto US-98 ETake FL-368 to US-98 WFollow US-98 W and FL-30 W/Front Beach Rd to C R 392/Thomas Dr in Panama City BeachTurn left onto C R 392/Thomas Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
  • Price Per SqFt: $384/SqFt

HOA Fees:

  • Amount: $991
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,578
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

8727 Thomas Dr Unit E4 vs Panama City Beach

14 DAYS ON ROCKET

-81 Days

$289,000

-$190.9K Less

$384/SqFt

+$31 More

KEY TAKEAWAY

This property is $190.9K less than the Median Sold Price and $31/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #748177

Listing Office:

  • Office Name: Keller Williams Success Realty

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: 4/29/2024, 7:25:19 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

May 22, 2019Home Sold
$141,000
Jan 24, 2005Home Sold
$200,000
Feb 18, 2003Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,578$121,550
2018$1,283$73,878
2017$1,052$105,280

History based on county public records data.

Payment Calculator

$1,840

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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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-3282357
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.04 miles

  • Public District Grades PK-8

High School

school-card-donut-3282358
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.85 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,561. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Most families are 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 8727 Thomas Dr Unit E4

What is the listing price of this property?

The listing price of 8727 Thomas Dr Unit E4 property is $289,000.

What type of property is this?

The property 8727 Thomas Dr Unit E4 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8727 Thomas Dr Unit E4 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8727 Thomas Dr Unit E4 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 $1,578 (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 22, 2019 for $141,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8727 Thomas Dr Unit E4 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 8727 Thomas Dr Unit E4 is 752 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8727 Thomas Dr Unit E4 is 1974.

Rocket HomesFloridaBay CountyPanama City Beach324088727 Thomas Dr Unit E4

This home is located at 8727 Thomas Dr Unit E4 in Panama City Beach, FL and zip code 32408. This 752 square foot home was built in 1974. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $289,000.

While more than 7 listings in Panama City Beach, FL in March 2024 were sold above asking price, there were more than 22 listings sold at asking price, and more than 85 were sold below. The number of listings in Panama City Beach, FL increased by 9.3% between February 2024 and March 2024. Listings spent 95 days on the market in March 2024, and had a median list price of $479,991 during the same period.

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

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