5 months on rocket

9860 S Thomas Dr Unit 509, Panama City Beach, FL, 32408

$350,000

Home List Price

$4,156*

Closing Credit

2 Bedrooms
2 Full Baths
1,262 SqFt
$277/SqFt
Condo
Schools Nearby

Location

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9860 S Thomas Dr Unit 509, Panama City Beach$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage, Permit Required
Attached Garage1 space
Year Built2008
HeatingCentral
CoolingCentral Air
ViewGulf
Private PoolYes
MLS #747233
StatusActive

About 9860 S Thomas Dr Unit 509

Looking for a beach getaway with lots to do? Check out the resort amenities and central location of Laketown Wharf! This spacious condo was owner-occupied so is being sold unfurnished. The Seller will give credits at closing towards fresh paint and replacement of the damaged carpet with luxury vinyl plank. Ask for a Cost To Own Estimate to see how this rental investment pays its ownership expenses. One of the best features is the oversized private balcony full of sunshine, water views, and salty breezes. This is one of the most popular split floor plans with two good-sized bedrooms and bunk beds. The Gulf view bedroom suite has balcony access and a nice bathroom with walk-in shower and soaking tub. There is a full kitchen with a breakfast island, granite, and a start on stainless appliances. Down the hall is the second bedroom, bunk room, and guest bathroom with tub/shower. Laketown Wharf offers tons of amenities and sits on a beautiful freshwater lake. It is right across the street from the beach and the infamous Pineapple Willys Restaurant! There are 5 pools and 2 relaxing hot tubs, even a putting green. Something for everyone! Indulge at the splash bar & grill, one of the onsite restaurants, ice cream/candy shoppe, or hair salon. Stay beach-ready in the Gulf view fitness center. Fun children's pool and playground for the little ones! Get together at one of the many outdoor boardwalk gathering places on the lake. Super easy beach access right across the street. Pet friendly for owners and private doggie area. Convenient location across from shopping, entertainment, and only minutes to Pier Park.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: RC Real Estate Group

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Kitchen Island, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, Permit Required

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: Front Beach Rd & South Thomas Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $277/SqFt

HOA Fees:

  • Amount: $2784
  • 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.

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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

9860 S Thomas Dr Unit 509 vs Panama City Beach

166 DAYS ON ROCKET

+83 Days

$350,000

-$127.3K Less

$277/SqFt

-$74 Less

KEY TAKEAWAY

This property is $127.3K less than the Median Sold Price and $74/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: #747233

Listing Office:

  • Office Name: RC Real Estate Group

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, 7:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

$2,742

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-5802037
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 0.98 miles

  • Public District Grades PK-8

High School

school-card-donut-5802038
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. Residents of Panama City Beach, FL typically earn between $35k-100k each year. 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 9860 S Thomas Dr Unit 509

What is the listing price of this property?

The listing price of 9860 S Thomas Dr Unit 509 property is $350,000.

What type of property is this?

The property 9860 S Thomas Dr Unit 509 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9860 S Thomas Dr Unit 509 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 509 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).

How many bedrooms and bathrooms does this property have?

The property at 9860 S Thomas Dr Unit 509 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 9860 S Thomas Dr Unit 509 is 1,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9860 S Thomas Dr Unit 509 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›9860 S Thomas Dr Unit 509

This home is located at 9860 S Thomas Dr Unit 509 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: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2023 and is currently priced at $350,000.

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. The inventory of homes for sale in Panama City Beach, FL between March 2024 and April 2024 increased by 4.6%. The median list price of listings available in April 2024 was $477,347, while the average time on the real estate market was 83 days.

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

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