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For sale
  • Price cut: $20K (8/21)
    $529,000

    9450 Thomas Dr #303C, Panama City Beach, FL 32408

    2beds
    1,152sqft
    : 
    $4,634/mo
    Get pre-qualified
    Condominium
    Built in 2005
    -- sqft lot
    $502,000 Zestimate®
    $459/sqft
    $1,200/mo HOA

    What's special

    Expansive beach frontagePrivate balconyGulf-front condoBreakfast barHigh-end blackout curtainsIncredible gulf viewsUnobstructed panoramic gulf views
    GREAT INVESTMENT PROPERTY THAT IS TURNKEY READY! Step into Boardwalk Unit 303, a beautifully maintained Gulf-front condo offering strong rental potential, exceptional guest reviews, and plenty of opportunity for owner enjoyment. This 2-bedroom, 2-bath retreat is situated on a desirable lower level, offering convenience, privacy, and incredible Gulf views. AirDNA projects annual rental revenue of approximately $49,500 at just 58% occupancy, with an average daily rate of $236, giving owners the flexibility to generate rental income while still enjoying the condo themselves. The current owners have done exactly that, using the property personally while maintaining impressive rental performance. Even better, this unit has earned 75 five-star reviews on VRBO, demonstrating its proven guest appeal and repeat-worthy experience. VRBO Listing #1201224 is available for reference. Beautifully appointed with Restoration Hardware furnishings, high-end blackout curtains, top-of-the-line mattresses, and luxurious bedding, this condo is truly turnkey and ready to rent from day one. From sunrise to sunset, enjoy unobstructed panoramic Gulf views from the private balcony. The open floor plan creates a bright and inviting living space, flowing seamlessly from the upgraded kitchen with granite countertops, stainless steel appliances, and breakfast bar into the Gulf-front living area. The Gulf-front primary suite features balcony access, a soaking tub, walk-in shower, double vanity, and large closet. The private second bedroom offers its own full bath, providing excellent privacy for guests. Additional features include in-unit laundry, crown molding, and elevated coastal design details throughout. Boardwalk Beach Resort remains one of PCB's premier Gulf-front destinations, offering a zero-entry Gulf-front pool, two hot tubs, splash pad, on-site bar and grill, sauna, convenience shop, 24-hour gated security, and covered garage parking. With expansive beach frontage and excellent walkability to restaurants, events, and attractions, the location continues to be a favorite among vacationers. With Tootsies open nearby, the area is positioned to offer even more dining, nightlife, and entertainment within easy reach. NOW OFFERED AT A NEW REDUCED PRICE, Boardwalk Unit 303 presents an outstanding opportunity for buyers looking for a turnkey investment property with projected rental income, a proven five-star guest history, and the flexibility to enjoy their own piece of the Gulf Coast.
    378 days
    111
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Kerri C Tomasicyk 414-915-7556,

    Watersound Real Estate

    Source: CPAR,MLS#: 777888MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 15 x 14
      Bedroom
      • Level: First
      • Dimensions: 12 x 11
      Living room
      • Level: First
      • Dimensions: 21 x 14
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Balcony, Double Vanity, Main Level Primary, Soaking Tub, Separate Shower
      Interior area
      • Total structure area: 1,152
      • Total interior livable area: 1,152 sqft

      Property

      Parking
      • Parking features: Parking Lot
      Features
      • Patio & porch: Balcony
      • Pool features: In Ground, Community
      • Spa features: Community
      • Has view: Yes
      • View description: Gulf, Water
      • Has water view: Yes
      • Water view: Gulf,Water
      • Waterfront features: Gulf
      Lot
      • Features: Paved
      Details
      • Parcel number: 34990114000
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Barbecue, Beach, Clubhouse, Elevator, Playground, Pool, Sauna, Waterfront, Community Pool, Short Term Rental Allowed
      • Security: Fire Sprinkler System, Security Gate, 24 Hour Security, Security Guard, Security Lights, Fire Alarm, Smoke Detector(s)
      • Subdivision: Boardwalk Central
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Spa/Hot Tub
      • Services included: Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Security, Trash, Water
      • HOA fee: $3,601 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $459/sqft
      • Tax assessed value: $518,500
      • Annual tax amount: $6,062
      • Date on market: 8/20/2025
      • Cumulative days on market: 378 days

        Estimated market value

        $502,000

        $477,000 - $527,000

        $2,641/mo

        Price history

        DateEventPrice
        8/21/2026Price change$529,000-3.6%$459/sqft
        Source: CPAR #777888 Report a problem
        5/28/2026Price change$549,000-1.8%$477/sqft
        Source: CPAR #777888 Report a problem
        2/16/2026Price change$559,000-3.5%$485/sqft
        Source: CPAR #777888 Report a problem
        9/4/2025Price change$579,000-4.3%$503/sqft
        Source: CPAR #777888 Report a problem
        8/20/2025Listed for sale$605,000+105.1%$525/sqft
        Source: CPAR #777888 Report a problem
        7/24/2017Sold$295,000-5.7%$256/sqft
        Source: CPAR #658794 Report a problem
        6/12/2017Pending sale$312,900$272/sqft
        Source: Portfolio Real Estate and Management Group, Inc. #658794 Report a problem
        5/16/2017Listed for sale$312,900-39.2%$272/sqft
        Source: Portfolio Real Estate and Management Group, Inc. #658794 Report a problem
        5/13/2005Sold$515,000$447/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,062 +4.4%$429,845 +10%
        2023$5,807 +24.4%$390,768 +10%
        2022$4,668 $355,244
        2021-- --
        2020$3,547 +9.5%$293,590 +9.4%
        2019$3,239 $268,300 +7%
        2018$3,239 +4.8%$250,750 +7.3%
        2017$3,091 +13.6%$233,750 +10%
        2016$2,722 +4%$212,500 -2.9%
        2015$2,618 $218,880 +9.6%
        2014$2,618 $199,750 +2.3%
        2013-- $195,250 +2.1%
        2012-- $191,250 -0.5%
        2011-- $192,270 -24.6%
        2010-- $255,000 -7.6%
        2009-- $276,047 -11%
        2008-- $310,165 -29.5%
        2007-- $439,715 -7%
        2006-- $472,812 +1377.5%
        2005-- $32,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32408

        Getting around

        36 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Breakfast Point
        • Middle: Breakfast Point
        • High: Arnold

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

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