3D tour
$7,594 Closing Credit¹
#763619, Listing Office: Redfin Corporation
$599,900 List price
4715 Thomas Dr Unit 605D Panama City Beach, FL 32408
$7,124
Closing credit¹
3 beds
3 full
1,404 sqft
$427 / sqft
Condo
Property details
About 4715 Thomas Dr Unit 605D
Investor alert! This 3-bedroom, 3-bathroom Gulf-front condo at The Commodore is a rare opportunity to own a prime income-producing property on the far east end of Panama City Beach. Featuring a separate lock-out unit, this condo offers unparalleled flexibility--rent the entire unit or split it into two rentals to maximize occupancy and income potential.Designed with rental appeal in mind, this condo offers two Gulf-facing primary bedrooms with balcony access and en-suite bathrooms, ensuring every guest enjoys breathtaking water views. The spacious third bedroom is perfect for families, featuring two sets of bunk beds to accommodate multiple guests comfortably. The large living area flows seamlessly into the open kitchen, which boasts granite countertops, a coastal white design with white appliances, and a convenient bar area for entertaining.Guests will also appreciate the private balcony for sunset views and the outside storage lock-out closet for all their beach gear. With low condo assessments, The Commodore offers outstanding amenities, including a seasonally heated pool, hot tub, and direct beach access, making it a top choice for vacationers.Located on the desirable far east end of the beach near St. Andrews State Park and local attractions, this property has strong rental income potential and is a fantastic addition to any investment portfolio. Don't miss this opportunity--schedule your private tour today!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,404 sqft
Year built1985
ParkingGated, No Garage, Parking Lot
MLS #766190
WaterfrontGulf
ViewGulf
Summary
- MLS Number: 766190
- MLS Name: BCAR
- Office Name: EXP Realty LLC
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© 2025 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: 3/17/2025, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$599,900
4715 Thomas Dr Unit 605D
$7,124
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 09, 2023 | Home Sold | $620,000 |
| Aug 13, 2019 | Home Sold | $375,000 |
| Feb 05, 2018 | Home Sold | $345,000 |
| Sep 21, 2007 | Home Sold | $410,000 |
| Oct 22, 2002 | Home Sold | $273,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $465,630 | $5,003 |
| 2022 | $388,025 | $4,068 |
| 2021 | $362,950 | $4,068 |
| 2020 | $257,975 | $3,178 |
| 2018 | $257,975 | $3,269 |
| 2017 | $274,550 | $3,500 |
History based on county public records data.
Nearby schools
7
Patronis Elementary School
Public District KG-5
2.5 mi
•7400 Patronis Dr
5
Lucille Moore Elementary School
Public District PK-5
4.1 mi
•1900 Michigan Ave
1
St. Andrew School at Oakland Terrace
Public District PK-5
4.2 mi
•2010 W 12th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,776. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
37%
<35k
49%
35k-100k
8%
100k-200k
6%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
College Football
Where do the neighbors shop?
Kmart
Family Dollar
Express/Express For Men
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Sonic
What do the neighbors drive?
Buick
Ford
Kia
What do the neighbors listen to?
Oldies
New Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4715 Thomas Dr Unit 605D
This home is located at 4715 Thomas Dr Unit 605D in Panama City Beach, FL and zip code 32408. This 1,404 square foot home was built in 1985. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $599,900.
Over 5 listings were sold over their listed price in February 2025 in Panama City Beach, FL. In the same period over 98 listings were sold below the listed price and 36 listings were sold for the listed price. The inventory of homes for sale in Panama City Beach, FL between January and February 2025 increased by 6.1%. While the average time on the market in February 2025 was 87 days, the median list price was $337,016.
From Rocket Homes Real Estate and based on county public records data.