25 days on rocket

9850 S Thomas Dr Unit 1102E, Panama City Beach, FL, 32408

$364,999

Home List Price

$4,334*

Closing Credit

1 Bedroom
1 Full Bath
609 SqFt
$599/SqFt
Condo
Schools Nearby

Location

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9850 S Thomas Dr Unit 1102E, Panama City Beach$364,999

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontGulf
ViewGulf
MLS #949599
StatusActive

About 9850 S Thomas Dr Unit 1102E

Back on the market! No fault to seller, financing fell through. Welcome to your piece of paradise! This 1 bed, 1 bath beachfront condo is a golden opportunity. Currently a thriving short-term rental, its fully furnished and in 2023 generated nearly $45,000 in rental INCOME. Assessments have been paid, offering peace of mind. Enjoy a nearly secluded balcony and a unique owners closet.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1984
  • Living Area: 609 SqFt

Listing Office:

  • Office Name: Lifes a Beach Luxury Real Estate
  • Office Email: woodyjunot@lifesabeachrealty.com
  • Listing Agent: Elwood J Junot

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Electric Oven
  • Interior: Owners Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Pool - Heated, Pool - In-Ground

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), 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: The Sunbird is directly across from Laketown Wharf on Thomas Drive, right next to Pineapple Willys.

Price Information

Listing Price Info

Price Summary:

  • List Price: $364,999
  • Price Per SqFt: $599/SqFt

Tax Information:

  • Annual Amount: $1,852
  • 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

$473.2K

Med. Price/SqFt

$346

Avg. Days On Market

104

# of Sold Homes

147

9850 S Thomas Dr Unit 1102E vs Panama City Beach

25 DAYS ON ROCKET

-79 Days

$364,999

-$108.2K Less

$599/SqFt

+$252 More

KEY TAKEAWAY

This property is $108.2K less than the Median Sold Price and $252/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: #949599

Listing Office:

  • Office Name: Lifes a Beach Luxury Real Estate
  • Office Email: woodyjunot@lifesabeachrealty.com
  • Listing Agent: Elwood J Junot

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: 6/5/2024, 9:20:56 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

Aug 21, 2014Home Sold
$126,500
Apr 13, 2004Home Sold
$211,000
Jul 12, 1999Home Sold
$93,000
Sep 16, 1996Home Sold
$65,000
Sep 16, 1996Home Sold
$70,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,852$153,425
2018$1,614$125,590
2017$1,403$121,125

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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-9003692
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.16 miles

  • Public District Grades PK-8

High School

school-card-donut-9003693
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.14 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 most common type of family is 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 9850 S Thomas Dr Unit 1102E

What is the listing price of this property?

The listing price of 9850 S Thomas Dr Unit 1102E property is $364,999.

What type of property is this?

The property 9850 S Thomas Dr Unit 1102E is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9850 S Thomas Dr Unit 1102E is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 9850 S Thomas Dr Unit 1102E 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 $1,852 (source: MLS/based on county public records data).

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

The last sale was on August 21, 2014 for $126,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9850 S Thomas Dr Unit 1102E has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 9850 S Thomas Dr Unit 1102E is 609 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9850 S Thomas Dr Unit 1102E is 1984.

Rocket HomesFloridaBay CountyPanama City Beach324089850 S Thomas Dr Unit 1102E

This home is located at 9850 S Thomas Dr Unit 1102E in Panama City Beach, FL and zip code 32408. This 609 square foot home was built in 1984. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $364,999.

While more than 7 listings in Panama City Beach, FL in May 2024 were sold above asking price, there were more than 19 listings sold at asking price, and more than 121 were sold below. The number of homes for sale in Panama City Beach, FL increased by 4% between April 2024 and May 2024. Listings spent 104 days on the market in May 2024, and had a median list price of $473,253 during the same period.

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

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