8 months on rocket

9860 S Thomas Dr Unit 119, Panama City Beach, FL, 32408

$328,900

Home List Price

$3,906*

Closing Credit

1 Bedroom
2 Full Baths
1,047 SqFt
$314/SqFt
Condo
Schools Nearby

Location

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9860 S Thomas Dr Unit 119, Panama City Beach$328,900

Buyer Closing Credits

$3,906*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage1 space
Year Built2008
MLS #745583
StatusActive

About 9860 S Thomas Dr Unit 119

Price Improvement-The northeast facing balcony of this well maintained 1 bedroom, 2 bathroom + bunk area condo at Laketown Wharf provides some of the best lake and fountain views in the entire building. Conveniently located on the first residential level extremely close to the staircase in the center of the building allowing for an easy option to skip the elevators. Projected short term rental annual income is over $36,000 per year. Enjoy resort-life with many shops on the ground level along with the 52,000 sqft. of lakefront Boardwalk and a nightly fountain & light show. Reasonable HOA fees that includes water, sewer, cable/TV, pest control plus amenities such as gated beach access, 5 community pools (1 heated year-round), kids Playground, hot tubs, mini-golf, Splash Bar & Grill, fitness center.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2008
  • Living Area: 1,047 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space

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: On the corner of Front Beach Road and S. Thomas Drive, directly across from Pineapple Willy's

Price Information

Listing Price Info

Price Summary:

  • List Price: $328,900
  • Price Per SqFt: $314/SqFt

HOA Fees:

  • Amount: $1521
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,094
  • 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

9860 S Thomas Dr Unit 119 vs Panama City Beach

250 DAYS ON ROCKET

+155 Days

$328,900

-$151K Less

$314/SqFt

-$39 Less

KEY TAKEAWAY

This property is $151K less than the Median Sold Price and $39/SqFt less 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: #745583

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: 4/29/2024, 6:25:19 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

Jul 18, 2019Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,094$168,215
2018$1,740$134,300
2017$1,795$166,430

History based on county public records data.

Payment Calculator

$2,216

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

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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-3259806
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 0.98 miles

  • Public District Grades PK-8

High School

school-card-donut-3259807
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.89 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 majority of Panama City Beach, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9860 S Thomas Dr Unit 119

What is the listing price of this property?

The listing price of 9860 S Thomas Dr Unit 119 property is $328,900.

What type of property is this?

The property 9860 S Thomas Dr Unit 119 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9860 S Thomas Dr Unit 119 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 9860 S Thomas Dr Unit 119 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 $2,094 (source: MLS/based on county public records data).

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

The last sale was on July 18, 2019 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9860 S Thomas Dr Unit 119 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 9860 S Thomas Dr Unit 119 is 1,047 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9860 S Thomas Dr Unit 119 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›9860 S Thomas Dr Unit 119

This home is located at 9860 S Thomas Dr Unit 119 in Panama City Beach, FL and zip code 32408 in the Long Beach neighborhood. This 1,047 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2023 and is currently priced at $328,900.

Panama City Beach, FL housing market in March 2024 saw over 7 listings sold above listed price, more than 22 sold at listed price and over 85 sold below. The inventory of homes for sale in Panama City Beach, FL between February 2024 and March 2024 increased 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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