2 months on rocket

9900 S Thomas Dr Unit 1218, Panama City Beach, FL, 32408

$485,000

Home List Price

$5,759*

Closing Credit

2 Bedrooms
3 Full Baths
1,066 SqFt
$455/SqFt
Condo
Schools Nearby

Location

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9900 S Thomas Dr Unit 1218, Panama City Beach$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking
Garage1 space
Year Built2007
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Waterfront
ViewGulf
MLS #751395
StatusActive

About 9900 S Thomas Dr Unit 1218

Call your Panama City Beach, Florida Realtor and ask them to show you this wonderful high-yielding, 100% turn-key, 12th story vacation rental! This 2 bedroom, 2.5 bath condo has a beautiful private patio with a beach-front view of the emerald waters and white sands of the Gulf of Mexico. A huge bonus is a designated parking space on the same floor! This spacious, freshly painted condo is being sold fully furnished, with high-end, solid wood furnishings, completely equipped and ready for your next vacation or short-term rental guest. This condo was fully renovated with new floors, countertops and paint in 2020. Brand new water heater in 2023! Building insurance is negotiated and included in the HOA fees, so you don't have to worry about doing that on your own!The full-service resort known as Shores of Panama provides a host of luxury amenities, including a lagoon style pool, two tiki bars for on-site dining and drinks, and exhilarating water sports and beachfront activities. The resort's spectacular beachfront deck with a zero-entry, lagoon-style pool, a kids' play area, and a Jacuzzi to our heated indoor pool and accompanying indoor Jacuzzi provides plenty of opportunities to make a splash. Centrally located in Panama City Beach, it is directly next to Pineapple Willy's, one of the most popular pier-like beach front restaurants in Panama City Beach, Florida. Come see for yourself why this resort is one of the top destinations as a 2nd home or investment property. With proven success, this investment property can start yielding immediate income as it is already being managed by Real Joy Property Management with future reservations already in the books.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2007
  • Living Area: 1,066 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Ice Maker, Microwave, Refrigerator
  • Flooring Type: Plank, Vinyl
  • Interior: Kitchen Island, New Paint, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 1 space
  • Parking: Additional Parking

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

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: From Hwy 98, head south on Richard Jackson Blvd to Front Beach Road. Go east on Front Beach Road to South Thomas Drive. Take a left (south) and Shores of Panama is the first high-rise on the right. Go into the 2nd entrance to the parking garage.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $455/SqFt

HOA Fees:

  • Amount: $3371
  • Frequency: Quarterly
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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

9900 S Thomas Dr Unit 1218 vs Panama City Beach

73 DAYS ON ROCKET

-22 Days

$485,000

+$5K More

$455/SqFt

+$102 More

KEY TAKEAWAY

This property is $5K more than the Median Sold Price and $102/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: #751395

Listing Office:

  • Office Name: EXP 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: 4/27/2024, 2:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$3,611

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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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-999554
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.06 miles

  • Public District Grades PK-8

High School

school-card-donut-999555
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.01 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. Residents typically live in single, no kids family. 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 1218

What is the listing price of this property?

The listing price of 9900 S Thomas Dr Unit 1218 property is $485,000.

What type of property is this?

The property 9900 S Thomas Dr Unit 1218 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9900 S Thomas Dr Unit 1218 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 1218 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 1218 has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 9900 S Thomas Dr Unit 1218 is 1,066 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9900 S Thomas Dr Unit 1218 is 2007.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›9900 S Thomas Dr Unit 1218

This home is located at 9900 S Thomas Dr Unit 1218 in Panama City Beach, FL and zip code 32408. This 1,066 square foot home was built in 2007. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $485,000.

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 number of listings in Panama City Beach, FL increased by 9.3% between February 2024 and March 2024. 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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