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8743 Thomas Dr Unit 228, Panama City Beach, FL, 32408

$389,000

Home List Price

$4,619*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
740 SqFt
$526/SqFt
Condo
Schools Nearby

Location

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8743 Thomas Dr Unit 228, Panama City Beach$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1984
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #754659
StatusActive

About 8743 Thomas Dr Unit 228

Experience luxury living in this newly renovated 1-bedroom 1.5 bath unit! With a additional bunk beds, a pull out couch and exquisite decor, 228 offers a cozy and stylish living space. The new stainless-steel appliances and washer and dryer add convenience and modernity to the unit.Relax and enjoy the view of the Palm Trees and Gulf of Mexico from your patio furnished with all-weather, UV-stabilized, waterproof furniture which will ensure durability and comfort for outdoor lounging. Skip the elevator and walk up one flight of stairs to your piece of paradise. The unit is located between the pools and Bikini Bob's offers easy access to recreation and amenities. With a seasonally heated pool, hot tubs, arcade, tennis courts, ice cream shop, gift shop, and convenience store, there's plenty to enjoy without even leaving the property.The great rental history is definitely a plus for potential buyers and renters. This gorgeous unit has a lot to offer in terms of comfort, convenience and entertainment options. 228 is a fantastic investment opportunity. Don't miss​​‌​​​​‌​​‌‌​‌‌​​‌​​​​‌‌​‌​​​​‌​ out!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1984
  • Living Area: 740 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Flooring Type: Plank, Tile, Vinyl
  • Interior: Breakfast Bar, Remodeled, Window Treatments

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony, Outdoor Grill, Pool

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • 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: Hathaway BridgePanama City Beach, FL 32407Head west toward US-98 E40 sec (0.1 mi)Turn right onto US-98 E2 min (1.0 mi)Take FL-368 to US-98 W1 min (0.5 mi)Follow US-98 W and F

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $526/SqFt

HOA Fees:

  • Amount: $2173
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,980
  • 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

8743 Thomas Dr Unit 228 vs Panama City Beach

37 DAYS ON ROCKET

-58 Days

$389,000

-$90.9K Less

$526/SqFt

+$173 More

KEY TAKEAWAY

This property is $90.9K less than the Median Sold Price and $173/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: #754659

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: 4/28/2024, 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

Jan 16, 2020Home Sold
$208,000
Jun 04, 2004Home Sold
$249,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,980$164,900
2018$1,709$133,450
2017$1,500$129,625

History based on county public records data.

Payment Calculator

$2,733

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-2537951
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.90 miles

  • Public District Grades PK-8

High School

school-card-donut-2537952
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.73 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. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Most families are 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 8743 Thomas Dr Unit 228

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 228 property is $389,000.

What type of property is this?

The property 8743 Thomas Dr Unit 228 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 228 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8743 Thomas Dr Unit 228 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 $1,980 (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 16, 2020 for $208,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 228 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 228 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 228 is 1984.

Rocket HomesFloridaBay CountyPanama City Beach324088743 Thomas Dr Unit 228

This home is located at 8743 Thomas Dr Unit 228 in Panama City Beach, FL and zip code 32408. This 740 square foot home was built in 1984. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $389,000.

In March 2024 more than 7 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 85 were sold below. Between February 2024 and March 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in March 2024 was $479,991, while the average time on the real estate market was 95 days.

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

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