4 months on rocket

8730 Thomas Dr Unit 509, Panama City Beach, FL, 32408

$389,000

Home List Price

$4,619*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,620 SqFt
$240/SqFt
Condo
Schools Nearby

Location

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8730 Thomas Dr Unit 509, Panama City$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGuest, Gated, Open
Year Built1985
HeatingElectric
CoolingCentral Air, Electric
WaterfrontLagoon, Waterfront
ViewGulf, Lagoon, Lake
MLS #750510
StatusActive

About 8730 Thomas Dr Unit 509

WALKING DISTANCE TO THE FABULOUS TOOTSIES ORCHID LOUNGE COMING SOON and directly across the street from beach access 24! This fabulous 3BR/3BA unit in a gated community offers gulf and lagoon views...vertical living at its finest with tons of natural light! Seller has done the hard upgrades including exquisite farmhouse copper sink, quartz countertops, stainless range, subway tile backsplash, new flooring in family room plus walk-in shower with rain head attachment! First floor bath has beautiful hand-painted ceramic sink. Vaulted ceilings and large, spacious rooms make this a very unique property with plenty of storage. St. Thomas Square offers a lagoon-front pool, dock with first-come, first-serve boat slips, grills, sauna, tennis courts, pickleball, firepit, shuffle board and boat storage. You won't find a better resort with these ample amenities for this price!!

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 1985
  • Living Area: 1,620 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Range Hood, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Storage, Vaulted Ceiling(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lagoon, Waterfront
  • View: Gulf, Lagoon, Lake
  • Exterior: Balcony

Parking Information:

  • Parking: Guest, Gated, Open

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Electric
  • 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: At Joan Avenue and Thomas Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $240/SqFt

HOA Fees:

  • Amount: $3172
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,041
  • 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

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

8730 Thomas Dr Unit 509 vs Panama City

135 DAYS ON ROCKET

+74 Days

$389,000

+$41.3K More

$240/SqFt

+$35 More

KEY TAKEAWAY

This property is $41.3K more than the Median Sold Price and $35/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: #750510

Listing Office:

  • Office Name: Coldwell Banker 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: 5/3/2024, 7:20:36 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 05, 2004Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,041$184,875
2018$1,776$131,648
2017$1,595$127,075

History based on county public records data.

Payment Calculator

$3,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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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-5550233
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 2.09 miles

  • Public District Grades PK-8

High School

school-card-donut-5550234
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.84 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 $73,465. Most Panama City, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8730 Thomas Dr Unit 509

What is the listing price of this property?

The listing price of 8730 Thomas Dr Unit 509 property is $389,000.

What type of property is this?

The property 8730 Thomas Dr Unit 509 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8730 Thomas Dr Unit 509 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 509 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 $2,041 (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 5, 2004 for $165,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8730 Thomas Dr Unit 509 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 8730 Thomas Dr Unit 509 is 1,620 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8730 Thomas Dr Unit 509 is 1985.

Rocket Homes›Florida›Bay County›Panama City›32408›8730 Thomas Dr Unit 509

This home is located at 8730 Thomas Dr Unit 509 in Panama City Beach, FL and zip code 32408. This 1,620 square foot home was built in 1985. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 20, 2023 and is currently priced at $389,000.

While more than 30 listings in Panama City, FL in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 130 were sold below. Between March 2024 and April 2024, Panama City, FL real estate market has seen increase in the number of listings by 4.7%. 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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