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Off market
  • $175,000

    4010 Thomas Dr #17, Panama City Beach, FL 32408

    2beds
    625sqft
    Condo
    Built in 1972
    -- sqft lot
    $175,000 Zestimate®
    $280/sqft
    $1,487 Estimated rent

    Home value

    $175,000

    $159,000 - $193,000

    $1,487/mo

    Zestimate® history
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    $1,487/mo

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    Rent Zestimate®

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    $1,380/mo

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    $1,380/mo

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    What's special

    Return on investmentNew water heater

    ****INVESTORS ALERT**** This income producing property returned $26,000 in the last 365 days during covid times via Airbnb. This year it’s expected to have a $28,000-$32,000 return. Don’t miss the opportunity to own a sub 200k property with that kind of return on investment. This unit is one of the nicest in the complex, featuring a nice 2/1 floor plan with granite counter tops, custom cabinets with breakfast nook, fully remodeled bathroom as of 2021, new water heater, and it’s being sold fully furnished with three complete linen swaps. Owner can also cohost and manage this property for potential buyers to start out right and achieve super host status. Potential buyers are able to view this property between guest. Looking for a cash sale with a 2% fee paid to selling agent.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other, Electric
    Cooling
    • Other
    Appliances
    • Included: Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile
    • Basement: None
    Interior area
    • Total interior livable area: 625 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: Territorial
    Lot
    • Features: Covenants
    Details
    • Parcel number: 31618234000

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1972

    Utilities & green energy

    • Utilities for property: Yard Maintenance, Electric, Public Water, Septic Tank, TV Cable, Garbage

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $200 monthly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $280/sqft
    • Tax assessed value: $165,750
    • Annual tax amount: $1,782

    Price history

    DateEventPrice
    9/23/2021Sold$162,500-8.7%$260/sqft
    Source: Public Record Report a problem
    8/27/2021Listed for sale$178,000+81.6%$285/sqft
    Source: Owner Report a problem
    7/16/2020Sold$98,000+206.3%$157/sqft
    Source: Public Record Report a problem
    12/9/2015Sold$32,000-60%$51/sqft
    Source: CPAR #635638 Report a problem
    11/1/2007Sold$80,000-11.1%$128/sqft
    Source: Public Record Report a problem
    7/15/2004Sold$90,000$144/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,782 +2.6%$123,420 +10%
    2023$1,736 +42.4%$112,200 +10%
    2022$1,220 $102,000
    2021-- --
    2020$479 +2.5%$36,125 +8.2%
    2019$468 $33,375 +10%
    2018$468 +2.7%$30,341 +10%
    2017$455 +17.4%$27,583
    2016$388 -31.1%$27,583 -30.3%
    2015$563 $39,600
    2014$563 $39,600
    2013-- $39,600
    2012-- $39,600
    2011-- $39,600 -12%
    2010-- $45,000 -12%
    2009-- $51,144 -25%
    2008-- $68,192 -34%
    2007-- $103,321
    2006-- $103,321 +26%
    2005-- $82,001 +127.8%
    2004-- $36,001
    2003-- $36,001 +68.4%
    2002-- $21,375
    2001-- $21,375
    2000-- $21,375
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $175,000
    2% more
    +$3,500
    With Zillow Showcase(estimated)
    $178,500