5 months on rocket

9850 S Thomas Dr Unit 1107E, Panama City Beach, FL, 32408

$371,500

Home List Price

$4,412*

Closing Credit

1 Bedroom
1 Full Bath
751 SqFt
$495/SqFt
Condo
Schools Nearby

Location

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9850 S Thomas Dr Unit 1107E, Panama City Beach$371,500

Buyer Closing Credits

$4,412*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Electric Gate, Gated, Paved
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #749407
StatusActive

About 9850 S Thomas Dr Unit 1107E

Don't miss your chance to own this stunning gulf-front unit on the 11th floor of the Sunbird Condominium. It boasts the largest layout available and offers a front and center view of the ocean and beach activities. Located in the heart of Panama City Beach, this gated resort is conveniently next to Pineapple Willies restaurant on Thomas Drive. With plenty of stores, restaurants, and attractions within walking distance, you'll have everything you need for an unforgettable vacation.Sunbird offers a range of amenities, including three pools (one heated), a community room, exercise room, tennis courts, shuffleboard, grilling area, and a newly added Tiki bar. Enjoy the open balcony for glorious sunsets and relaxation.This unit has undergone extensive renovations, including a new electric range, dishwasher, and a luxurious leather sectional sofa with storage ottoman. A brand new HVAC system was installed in June '23, providing optimal comfort year-round. The glass windows and sliding glass door have been replaced with hurricane-resistant glass, meeting Miami/Dade regulations. This unit has passed inspection and requires no further work.Not only is this unit a dream to live in, but it also offers great income potential. With gross revenues of $33,758 in 2021 and $34,914 in 2022, this condo presents an excellent investment opportunity. Seller is very motivated. Open to seller financing with acceptable terms. Reach out to schedule a private showing!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1984
  • Living Area: 751 SqFt

Listing Office:

  • Office Name: LPT Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Additional Parking, Electric Gate, Gated, Paved

Utilities

Utilities Information:

  • Heating: Central, 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: South on Thomas Drive - across from Laketown Wharf and East of Pineapple Willys.

Price Information

Listing Price Info

Price Summary:

  • List Price: $371,500
  • Price Per SqFt: $495/SqFt

HOA Fees:

  • Amount: $5172
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,212
  • Tax Year: 2020
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Housing Market Comparison

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

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Panama City Beach, FL

City

Med. Sold Price

$477.3K

Med. Price/SqFt

$350

Avg. Days On Market

83

# of Sold Homes

160

9850 S Thomas Dr Unit 1107E vs Panama City Beach

168 DAYS ON ROCKET

+85 Days

$371,500

-$105.8K Less

$495/SqFt

+$144 More

KEY TAKEAWAY

This property is $105.8K less than the Median Sold Price and $144/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: #749407

Listing Office:

  • Office Name: LPT Realty LLC

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: 5/4/2024, 10:20:36 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

Feb 01, 2011Home Sold
$105,000
Mar 17, 2000Home Sold
$120,000
Oct 02, 1997Home Sold
$87,200
Jul 08, 1996Home Sold
$77,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,212$189,125
2018$1,899$150,025
2017$1,616$140,040

History based on county public records data.

Payment Calculator

$3,646

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,180

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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-5870141
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.16 miles

  • Public District Grades PK-8

High School

school-card-donut-5870142
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.14 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 $37,561. Most Panama City Beach, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9850 S Thomas Dr Unit 1107E

What is the listing price of this property?

The listing price of 9850 S Thomas Dr Unit 1107E property is $371,500.

What type of property is this?

The property 9850 S Thomas Dr Unit 1107E is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9850 S Thomas Dr Unit 1107E is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 9850 S Thomas Dr Unit 1107E 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 $2,212 (source: MLS/based on county public records data).

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

The last sale was on February 1, 2011 for $105,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9850 S Thomas Dr Unit 1107E has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 9850 S Thomas Dr Unit 1107E is 751 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9850 S Thomas Dr Unit 1107E is 1984.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›9850 S Thomas Dr Unit 1107E

This home is located at 9850 S Thomas Dr Unit 1107E in Panama City Beach, FL and zip code 32408. This 751 square foot home was built in 1984. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 18, 2023 and is currently priced at $371,500.

In April 2024 more than 9 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 135 were sold below. In April 2024 in Panama City Beach, FL there were 4.6% more homes for sale than in March 2024. In April 2024 median list price was $477,347 and the average listing age was 83 days.

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

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