2 months on rocket

9900 S Thomas Dr Unit 1021, Panama City Beach, FL, 32408

$499,900

Home List Price

$5,936*

Closing Credit

2 Bedrooms
3 Full Baths
1,184 SqFt
$422/SqFt
Condo
Schools Nearby

Location

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9900 S Thomas Dr Unit 1021, Panama City Beach$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage1 space
Year Built2007
HeatingCentral
CoolingCentral Air
WaterfrontGulf
ViewGulf
MLS #942508
StatusActive

About 9900 S Thomas Dr Unit 1021

Location! Location! Location! If youre looking for the ultimate location, price and investment potential for a vacation rental, dont miss this amazing opportunity to call this luxury condominium your new home. Featuring two primary ensuite bedrooms and a convenient bunk bed alcove and adjoining full bath within its 1184 square feet of open concept living area, this fully furnished modern luxury condo offers the ideal layout for hosting family and friends. Primely positioned on the 10th floor with direct gulf views, this elegant coastal abode overlooks an impressive array of amenities, including the 13,966 SF gulf side lagoon-style pool, indoor heated pool & hot tub, two tiki bars, and is conveniently located steps away to sugar sand beaches and turquoise waters of the Gulf of Mexico. The open concept living/dining area blends perfectly with the modern/coastal decor that will instantly make you feel right at home. Furnishings along with a private parking space -conveniently located near the 10th floor parking deck and valued at over $20,000 - convey with the purchase of this stunning coastal property. Located in Shores of Panama II, one of Panama City Beachs top-rated luxury resort communities, this luxury condo has been a primary vacation home but similar units generate an impressive $65K - $70K in annual gross rental returns. Freshly painted, new furnishings and updated luxury flooring add to the overall charm while upgraded granite counters with a breakfast bar for casual meals and dining area gracefully add both elegance and functionality. With two private ensuite bedrooms and convenient bunk bed alcove with attached full bath and updated, modern furnishings, theres ample room to host multi-generations easily without feeling cramped. All these added features are great for maximizing short-term rental income when not enjoying this property yourself! Located in an ideal spot on Panama City Beach convenient to everything you could ever need, this luxury condo offers the perfect blend of convenience and coastal luxury. Whether youre looking to unwind on the pristine sugar sand beaches just steps away, indulge in gulf breezes from your balcony or enjoy world-class dining, shopping and entertainment, everything you need is conveniently located an easy walk or short distance away. Onsite coffee & donut shop plus pizza makes sure everyone is happy here! Centrally located close to dining hotspots, shopping centers, and popular entertainment venues adds even more value when investing into this property. This one-of-a kind opportunity should not be missed so contact us today if interested in scheduling a showing!

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 2007
  • Living Area: 1,184 SqFt

Listing Office:

  • Office Name: Corcoran Reverie SRB
  • Office Email: hilary.ff@corcorangroup.com
  • Listing Agent: Lynne Andrews

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Laminate
  • Interior: Breakfast Bar, Elevator, Owners Closet, Pantry, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Sprinkler System

Parking Information:

  • Garage Space: 1 space

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: Drive east on Front Beach Rd., turn right onto Thomas Drive. Shores of Panama is located on the right next door to Pineapple Willys Restaurant. Enter the main gate and security guard will assign you a parking pass.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $422/SqFt

HOA Fees:

  • Amount: $2594
  • Frequency: Quarterly
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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

9900 S Thomas Dr Unit 1021 vs Panama City Beach

75 DAYS ON ROCKET

-8 Days

$499,900

+$22.5K More

$422/SqFt

+$71 More

KEY TAKEAWAY

This property is $22.5K more than the Median Sold Price and $71/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: Emerald Coast Association of REALTORS®
  • MLS Number: #942508

Listing Office:

  • Office Name: Corcoran Reverie SRB
  • Office Email: hilary.ff@corcorangroup.com
  • Listing Agent: Lynne Andrews

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 5/1/2024, 8:20:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,426

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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-4376501
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.06 miles

  • Public District Grades PK-8

High School

school-card-donut-4376502
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.01 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. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Most 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 9900 S Thomas Dr Unit 1021

What is the listing price of this property?

The listing price of 9900 S Thomas Dr Unit 1021 property is $499,900.

What type of property is this?

The property 9900 S Thomas Dr Unit 1021 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9900 S Thomas Dr Unit 1021 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 9900 S Thomas Dr Unit 1021 are:
Breakfast Point Academy: GreatSchools Rating 6/10
J.R. Arnold High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 9900 S Thomas Dr Unit 1021 has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 9900 S Thomas Dr Unit 1021 is 1,184 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9900 S Thomas Dr Unit 1021 is 2007.

Rocket HomesFloridaBay CountyPanama City Beach324089900 S Thomas Dr Unit 1021

This home is located at 9900 S Thomas Dr Unit 1021 in Panama City Beach, FL and zip code 32408. This 1,184 square foot home was built in 2007. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $499,900.

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. The inventory of homes for sale in Panama City Beach, FL between March 2024 and April 2024 increased by 4.6%. Listings spent 83 days on the market in April 2024, and had a median list price of $477,347 during the same period.

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

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