4 months on rocket

8730 Thomas Dr Unit 506, Panama City Beach, FL, 32408

$435,000

Home List Price

$5,166*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,502 SqFt
$290/SqFt
Condo
Schools Nearby

Location

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8730 Thomas Dr Unit 506, Panama City$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Boat, Electric Gate, Guest, Gated, No Garage, Parking Lot, RV Access/Parking
Year Built1985
HeatingCentral, Electric, Fireplace(s)
CoolingCentral Air, Electric
WaterfrontLagoon, Pond, Waterfront
FireplaceGas
ViewLagoon, Pond
MLS #751345
StatusActive

About 8730 Thomas Dr Unit 506

Escape PCB's high rises & congestion. Villas at St Thomas Square on Panama City Beach is a truly unique vacation destination. The property is located just across the street from the beach and sits along the magnificent Grand Lagoon. If you love to fish or boat to Shell Island, bring your boat. There is a designated first come first serve parking space and dock space for your convenience. The Villas and Plaza are European-style with all the comforts of home set in a quaint, relaxing atmosphere. We are one of only a few locations with a boat dock along Grand Lagoon which will give you easy access to St. Andrews Bay, The Gulf of Mexico, and Shell Island.You will love crabbing from the dock, and enjoy eating together outside with beautiful views of the Lagoon and pool. Also bring your fishing pole for the pond right out your back door. This condo features spacious living areas, well-equipped kitchen & well-designed bedrooms. Located steps from public beach access #24. You are within walking distance to restaurants, family attractions, and bar & grills. This condo is 1st floor end unit, with easy access. Newly painted & new furniture, makes you feel right @ home. Master BR has California King bed, 2nd BR has 1 Queen & bunk beds. Master BR has extra sitting room with built in desk. Master bath has walk in shower, soaking tub & 2 vanities. Great short term rental(measurements & square feet are estimates only. Please verify)

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 1985
  • Living Area: 1,502 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Fireplace, New Paint, Split Bedrooms, Window Treatments
  • Fireplace: Gas

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Lagoon, Pond, Waterfront
  • View: Lagoon, Pond
  • Exterior: Dock, Fully Fenced, Outdoor Living Area, Outdoor Shower, Pool

Parking Information:

  • Parking: Additional Parking, Boat, Electric Gate, Guest, Gated, No Garage, Parking Lot, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Waterfront

Utilities

Utilities Information:

  • Heating: Central, Electric, Fireplace(s)
  • Cooling: Central Air, 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: GPS is Accurate: From Thomas Dr turn north on Joan Ave. Take 2nd right into Villas of St Thomas center. Villas located behind retail stores behind gated access

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000
  • Price Per SqFt: $290/SqFt

HOA Fees:

  • Amount: $3114
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,739
  • 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

8730 Thomas Dr Unit 506 vs Panama City

124 DAYS ON ROCKET

+63 Days

$435,000

+$87.3K More

$290/SqFt

+$85 More

KEY TAKEAWAY

This property is $87.3K more than the Median Sold Price and $85/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: #751345

Listing Office:

  • Office Name: Counts Real Estate Group 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: 5/19/2024, 9:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 22, 2004Home Sold
$168,500
May 23, 2000Home Sold
$92,000
Jul 08, 1997Home Sold
$91,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,739$148,400
2018$1,397$108,450
2017$1,313$100,980

History based on county public records data.

Payment Calculator

$3,277

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,371

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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-3724692
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.09 miles

  • Public District Grades PK-8

High School

school-card-donut-3724693
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.84 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. Most Panama City, FL residents have annual incomes between $35k-100k. 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 8730 Thomas Dr Unit 506

What is the listing price of this property?

The listing price of 8730 Thomas Dr Unit 506 property is $435,000.

What type of property is this?

The property 8730 Thomas Dr Unit 506 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8730 Thomas Dr Unit 506 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8730 Thomas Dr Unit 506 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 $1,739 (source: MLS/based on county public records data).

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

The last sale was on April 22, 2004 for $168,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8730 Thomas Dr Unit 506 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 8730 Thomas Dr Unit 506 is 1,502 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8730 Thomas Dr Unit 506 is 1985.

Rocket HomesFloridaBay CountyPanama City324088730 Thomas Dr Unit 506

This home is located at 8730 Thomas Dr Unit 506 in Panama City Beach, FL and zip code 32408. This 1,502 square foot home was built in 1985. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $435,000.

Over 30 listings were sold over their listed price in April 2024 in Panama City, FL. In the same period over 130 listings were sold below the listed price and 51 listings were sold for the listed price. The number of homes for sale in Panama City, FL increased by 4.7% between March 2024 and April 2024. In April 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $347,653.

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

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