3 months on rocket

9860 S Thomas Dr Unit 427, Panama City Beach, FL, 32408

$377,500

Home List Price

$4,483*

Closing Credit

3 Bedrooms
2 Full Baths
1,262 SqFt
$299/SqFt
Condo
Schools Nearby

Location

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9860 S Thomas Dr Unit 427, Panama City Beach$377,500

Buyer Closing Credits

$4,483*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Garage
Garage2 spaces
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontCreek
ViewGulf, Lake
MLS #752356
StatusActive

About 9860 S Thomas Dr Unit 427

GULF views from your front door, beautiful lake views from your private oversized balcony. This well-maintained fully furnished two-bedroom two-bath + bunk room beach condo is tastefully decorated and ready to rent or use as your vacation home! NO WAITING ON ELEVATOR with this 4th floor unit! Newer HVAC 1/23, newer water heater 2022, quality custom kitchen cabinets and granite countertops. Laketown Wharf offers tons of amenities and sits on a beautiful freshwater lake. Resort features 5 pools (one heated), 2 hot tubs, private beach access, multiple elevators, 2 covered parking garages, several restaurants, gulf views fitness center, ice cream/candy shoppe, hair salon, children's playground, boardwalk overlooking lake with daily fountain show, doggie area and much more! Perfect as primary residence, second home or as investment property. Gross Vacation Rental Projection $43,700-$59,950

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2008
  • Living Area: 1,262 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior: Kitchen Island

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered, Garage

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: Intersection of Thomas Drive and Front Beach Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $377,500
  • Price Per SqFt: $299/SqFt

HOA Fees:

  • Amount: $2783
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,533
  • 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

$477.3K

Med. Price/SqFt

$350

Avg. Days On Market

83

# of Sold Homes

160

9860 S Thomas Dr Unit 427 vs Panama City Beach

93 DAYS ON ROCKET

+10 Days

$377,500

-$99.8K Less

$299/SqFt

-$52 Less

KEY TAKEAWAY

This property is $99.8K less than the Median Sold Price and $52/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: #752356

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: 5/13/2024, 5:20:35 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

Apr 14, 2020Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,533$204,000
2018$2,469$197,965
2017$2,171$195,925

History based on county public records data.

Payment Calculator

$2,879

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,198

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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-10986168
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 0.98 miles

  • Public District Grades PK-8

High School

school-card-donut-10986169
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.89 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. The majority of Panama City Beach, FL residents have income between $35k-100k annually. The majority of 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 9860 S Thomas Dr Unit 427

What is the listing price of this property?

The listing price of 9860 S Thomas Dr Unit 427 property is $377,500.

What type of property is this?

The property 9860 S Thomas Dr Unit 427 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9860 S Thomas Dr Unit 427 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 427 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 $2,533 (source: MLS/based on county public records data).

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

The last sale was on April 14, 2020 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9860 S Thomas Dr Unit 427 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 9860 S Thomas Dr Unit 427 is 1,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9860 S Thomas Dr Unit 427 is 2008.

Rocket HomesFloridaBay CountyPanama City Beach324089860 S Thomas Dr Unit 427

This home is located at 9860 S Thomas Dr Unit 427 in Panama City Beach, FL and zip code 32408 in the Long Beach neighborhood. This 1,262 square foot home was built in 2008. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $377,500.

In April 2024, from all listings sold in Panama City Beach, FL there were more than 9 sold above asking price, over 135 sold below and more than 16 were sold right at the asked price. In April 2024 in Panama City Beach, FL there were 4.6% more homes for sale than in March 2024. While the average time on the market in April 2024 was 83 days, the median list price was $477,347.

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

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