2 months on rocket

9850 S Thomas Dr Unit 111E, Panama City Beach, FL, 32408

$373,595

Home List Price

$4,436*

Closing Credit

1 Bedroom
1 Full Bath
609 SqFt
$613/SqFt
Condo
Schools Nearby

Location

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9850 S Thomas Dr Unit 111E, Panama City Beach$373,595

Buyer Closing Credits

$4,436*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingElectric Gate, Gated, Paved, Permit Required, Parking Lot
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline, Natural Shoreline, Waterfront
ViewGulf
MLS #752491
StatusActive

About 9850 S Thomas Dr Unit 111E

Skip the elevators and walk into paradise! Even greater paradise is that the owner will finance!! Your beachfront condo on the first floor offers unparalleled access and stunning views to the Beach, Gulf of Mexico and the refreshing oversized center pool. Wake up to the serene sights of the Gulf and beaches directly from your living areas and kitchen and relax at night with the amazing sunsets. Step directly out to the large center pool and enjoy the ease of monitoring your kids' pool time from the comfort of your home. The condo is renovated to the highest standards featuring a stunning kitchen with granite counters, a breakfast bar, beautiful cabinetry and all new stainless steel appliances, complemented by luxury vinyl flooring throughout the condo. Notice the upgraded doors, extensive trimwork and such a tasteful coastal, beachy decor. The private bedroom offers great closet storage catering to all your needs attached to a remarkably renovated bath. This condo is not only a perfect family retreat but also presents huge rental income potential, thanks to its prime condition and desirable walk-out level. Located conveniently close to popular eateries like Pineapple Willies and Waffle House, shopping at Walmart, and various local diners and ice cream shops, with Tootsies coming soon. Don't miss out on this unparalleled opportunity to own a slice of paradise with both comfort and luxury. Amenities also include 3 pools, one is heated, exercise room, tennis and pickleball court under renovation, security guard and gated parking lot! WOW! Owner Finance is Available with Flexible finance terms by the owner so say goodbye to hefty closing costs and bank's red tape.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1984
  • Living Area: 609 SqFt

Listing Office:

  • Office Name: LPT Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Plank, Vinyl
  • Interior: Breakfast Bar, Remodeled, Natural Woodwork, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Natural Shoreline, Waterfront
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Electric Gate, Gated, Paved, Permit Required, Parking Lot

Lot Features

Lot Information:

  • Lot: Level, Subdivision, Waterfront

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), 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: Furthest west side of Thomas Drive next door to Pineapples Willies.

Price Information

Listing Price Info

Price Summary:

  • List Price: $373,595
  • Price Per SqFt: $613/SqFt

HOA Fees:

  • Amount: $2105
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,852
  • 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

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

9850 S Thomas Dr Unit 111E vs Panama City Beach

68 DAYS ON ROCKET

-27 Days

$373,595

-$106.3K Less

$613/SqFt

+$260 More

KEY TAKEAWAY

This property is $106.3K less than the Median Sold Price and $260/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: #752491

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: 4/30/2024, 9:25:19 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

Mar 02, 2018Home Sold
$150,000
Dec 08, 2014Home Sold
$120,000
Jul 27, 2011Home Sold
$100,500
May 21, 2010Home Sold
$91,900
Jun 23, 2004Home Sold
$235,000
Jul 02, 1996Home Sold
$67,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,852$153,425
2018$1,614$125,590
2017$1,403$121,125

History based on county public records data.

Payment Calculator

$2,633

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,187

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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-3623192
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.16 miles

  • Public District Grades PK-8

High School

school-card-donut-3623193
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. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. Typical family type is 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 9850 S Thomas Dr Unit 111E

What is the listing price of this property?

The listing price of 9850 S Thomas Dr Unit 111E property is $373,595.

What type of property is this?

The property 9850 S Thomas Dr Unit 111E is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9850 S Thomas Dr Unit 111E 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 111E 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 $1,852 (source: MLS/based on county public records data).

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

The last sale was on March 2, 2018 for $150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9850 S Thomas Dr Unit 111E has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 9850 S Thomas Dr Unit 111E is 609 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9850 S Thomas Dr Unit 111E is 1984.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›9850 S Thomas Dr Unit 111E

This home is located at 9850 S Thomas Dr Unit 111E in Panama City Beach, FL and zip code 32408. This 609 square foot home was built in 1984. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $373,595.

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. In March 2024 in Panama City Beach, FL there were 9.3% more homes for sale than in February 2024. In March 2024, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $479,991.

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

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