$5,403 Closing Credit¹
#768051, Listing office: Berkshire Hathaway HomeServices Beach Properties of Florida
$469,000 List price
7205 Thomas Dr Unit A604 Panama City Beach, FL 32408
$5,569
Closing credit¹
2 beds
2 full
1,050 sqft
$447 / sqft
Condo
Property details
About 7205 Thomas Dr Unit A604
Don't miss your opportunity to own this turnkey vacation rental in a great midrise building with amazibg views of the World's Most Beautiful Beaches. This renovated 2 / 2 is located in a prime spot at the end of the building with a view to the west and comfortably accommodates 7 guests.For 2023 and 2024, this income generator has averaged gross revenues over $60k each year. More on the books for 2025.NOTE: All measurements and info is believed to be true, estimated or approximate. Buyer should verify any and all information that they deem to be important!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,050 sqft
Year built1974
ParkingParking Lot
MLS #768563
WaterfrontGulf, Sandy Shoreline, Natural Shoreline, Waterfront
ViewGulf
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Interior: Breakfast Bar, Kitchen Island
- Total Bedroom Count: 2
- Parking: Parking Lot
- Waterfront: Gulf, Sandy Shoreline, Natural Shoreline, Waterfront
- View: Gulf
- Exterior: Balcony
- Architectural Style: Mid Rise
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $469,000
- Price/SqFt: $446
- HOA Amount: $814 Monthly
- Annual Tax Amount: $5,087
- Tax Year: 2023
- Lot: Waterfront
- Directions: From Panama City Beach Parkway turn south onto Thomas Drive. Approximately 3 miles turn right at traffic signal to continue onto Thomas Drive. Property will be on the left hand side of the road. Building A is on the far right of the property.
- Year Built: 1974
- Living Area: 1,050 SqFt
- MLS Number: 768563
- 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: 6/27/2025, 9:45:31 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
$469,000
7205 Thomas Dr Unit A604
$5,569
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 19, 2022 | Home Sold | $490,000 |
| Sep 17, 2010 | Home Sold | $170,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $403,750 | $5,087 |
| 2022 | $310,250 | $3,438 |
| 2021 | $255,000 | $3,438 |
| 2020 | $236,725 | $3,092 |
| 2018 | $189,769 | $2,497 |
| 2017 | $172,517 | $2,214 |
History based on county public records data.
Nearby schools
7
Patronis Elementary School
Public District KG-5
1.1 mi
•7400 Patronis Dr
5
Lucille Moore Elementary School
Public District PK-5
4.5 mi
•1900 Michigan Ave
7
Hutchison Beach Elementary School
Public District KG-5
4.7 mi
•12900 Hutchison Blvd
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 $54,268. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
31%
<35k
56%
35k-100k
9%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
8%
Single, with Kids
23%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
23%
18-34 yrs old
45%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Horse Races
Continuing Education Courses
Where do the neighbors shop?
Chico's
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Bob Evans
LongHorn Steakhouse
Qdoba
What do the neighbors drive?
Oldsmobile
Buick
Volkswagen
What do the neighbors listen to?
News
Contemporary Inspirational
Urban Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$5,402 Closing Credit¹
#769437, Listing office: Compass Florida, LLC
$5,344 Closing Credit¹
#766188, Listing office: Berkshire Hathaway HomeServices Beach Properties of Florida
$5,344 Closing Credit¹
#973212, Cindy Armstrong Karr, Listing office: Berkshire Hathaway HomeServices
$5,332 Closing Credit¹
#769593, Listing office: Coastal Real Estate Group, Inc
$5,403 Closing Credit¹
#774318, Listing office: CENTURY 21 Ryan Realty Inc
$4,916 Closing Credit¹
#773584, Listing office: RealJoy Realty LLC
$5,700 Closing Credit¹
#769241, Listing office: Berkshire Hathaway HomeServices Beach Properties of Florida
$4,382 Closing Credit¹
#773021, Listing office: Anchor Realty Florida
$5,451 Closing Credit¹
#768605, Listing office: Bright Realty Solutions
Frequently asked questions
About 7205 Thomas Dr Unit A604
The listing price of 7205 Thomas Dr Unit A604 property is $469,000.
The property 7205 Thomas Dr Unit A604 is a condo located in Panama City Beach, Florida, 32408.
Active Listing: 7205 Thomas Dr Unit A604 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7205 Thomas Dr Unit A604 are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Breakfast Point Academy (GreatSchools Rating 6/10), Surfside Middle School (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), J.R. Arnold High School (GreatSchools Rating 5/10), Rising Leaders Academy (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $5,087 (source: MLS/based on county public records data).
The last sale was on April 19, 2022 for $490,000 (source: MLS/tax record).
The property at 7205 Thomas Dr Unit A604 has 2 bedrooms and 2 bathrooms.
The property 7205 Thomas Dr Unit A604 is 1,050 SqFt (source: MLS/tax record).
The year of construction for 7205 Thomas Dr Unit A604 is 1974.
This home is located at 7205 Thomas Dr Unit A604 in Panama City Beach, FL and zip code 32408. This 1,050 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $469,000.
Panama City Beach, FL housing market in May 2025 saw over 32 listings sold above listed price, more than 65 sold at listed price and over 141 sold below. The number of homes for sale in Panama City Beach, FL increased by 3.4% between April and May 2025. In May 2025 median list price was $331,357 and the average listing age was 77 days.
From Rocket Homes Real Estate and based on county public records data.