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Sold for $275,000
  • $275,000

    9900 Thomas Dr Unit 1006, Panama City Beach, FL 32408

    --beds
    473sqft
    Condominium
    Built in 2007
    -- sqft lot
    $234,200 Zestimate®
    $581/sqft
    $1,865 Estimated rent

    Home value

    $234,200

    $213,000 - $255,000

    $1,865/mo

    Zestimate® history
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    What's special

    Lower Floor Updated Gulf front Studio at the popular Shores of Panama! These are little cash cow money makers! Keep them rented all year long! Gross rentals on these units average $50k, and net $36k. You will not find a better ROI on the beach! All tile and LVT and newer mini-split HVAC system. Full kitchen w/ stainless appliances and freshly painted cabinets, Full washer and dryer make this gulf front studio a cut above other resorts in town! Very nice size balcony with Polywood furniture. Comes with a dedicated parking space on same floor! The low sq footage and the high ROI will always protect you in the future!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly R Zarda 850-532-8456,

    Emerald Coast Real Estate & Vacations LLC

    Bought with:

    Marcy L O'Donnell, 3417794

    Luxe Coastal Realty Group LLC

    Source: CPAR,MLS#: 755437MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Ceiling Fan(s), ENERGY STAR Qualified Equipment
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Doors: Insulated Doors
    Interior area
    • Total structure area: 473
    • Total interior livable area: 473 sqft

    Property

    Accessibility
    • Accessibility features: Accessible Full Bath, Accessible Bedroom
    Features
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: In Ground
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 40000650165

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    • Roof: Flat
    Condition
    • Year built: 2007

    Community & HOA

    Community
    • Features: Beach, Park, Sauna, Waterfront, Barbecue, Short Term Rental Allowed
    • Security: Smoke Detector(s), Security Service
    • Subdivision: Shores Of Panama Phase I
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $581/sqft
    • Tax assessed value: $254,151
    • Annual tax amount: $3,115
    • Date on market: 4/9/2024
    • Cumulative days on market: 69 days

    Price history

    DateEventPrice
    7/11/2024Sold$275,000-4.2%$581/sqft
    Source: CPAR #755437 Report a problem
    6/25/2024Pending sale$287,000$607/sqft
    Source: CPAR #755437 Report a problem
    5/7/2024Price change$287,000-4%$607/sqft
    Source: CPAR #755437 Report a problem
    4/9/2024Listed for sale$299,000-12.1%$632/sqft
    Source: CPAR #755437 Report a problem
    12/21/2023Listing removed--
    Source: CPAR #745469 Report a problem
    9/6/2023Listing removed$340,000$719/sqft
    Source: CPAR #745469 Report a problem
    8/21/2023Listed for sale$340,000+41.7%$719/sqft
    Source: CPAR #745469 Report a problem
    11/4/2021Sold$239,900$507/sqft
    Source: CPAR #716988 Report a problem
    10/27/2021Pending sale$239,900$507/sqft
    Source: ECAOR #882109 Report a problem
    10/27/2021Price change$239,900+2.1%$507/sqft
    Source: CPAR #716988 Report a problem
    9/22/2021Pending sale$234,900$497/sqft
    Source: ECAOR #882109 Report a problem
    9/22/2021Contingent$234,900$497/sqft
    Source: CPAR #716988 Report a problem
    9/20/2021Listed for sale$234,900+35.8%$497/sqft
    Source: CPAR #716988 Report a problem
    9/13/2021Sold$173,000$366/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,115 +3%$231,414 +10%
    2023$3,025 +29%$210,376 +10%
    2022$2,344 $191,251
    2021-- --
    2020$1,561 +11.3%$110,906 +10%
    2019$1,402 $100,824 +10%
    2018$1,402 +3.3%$91,658 +10%
    2017$1,357 +27%$83,325 +10%
    2016$1,069 -9.9%$75,750 -22.5%
    2015$1,187 $97,750 -4.9%
    2014$1,187 $102,757 +10%
    2013-- $93,415 +2.2%
    2012-- $91,375 -2.3%
    2011-- $93,500
    2010-- $93,500 -35.6%
    2009-- $145,274 -10%
    2008-- $161,415
    Find assessor info on the county website

    Neighborhood: 32408

    Nearby schools

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

    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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    $234,200
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    With Zillow Showcase(estimated)
    $238,884