$370,000

9450 S Thomas Dr Unit 507D Panama City Beach, FL 32408

$4,394
Closing credit¹
1 bed
1 full
745 sqft
$497 / sqft
Condo

Property details

About 9450 S Thomas Dr Unit 507D

Lowest priced condo in the complex at the time of listing! This fully furnished, one-bedroom, one-bath unit with bunk beds offers incredible value for a Gulf-front property. Perfectly located near top tourist attractions and just 6 miles from Pier Park. Great investment opportunity with short-term rentals allowed! The condo features multiple pools, beach access, and a stackable washer/dryer in the unit, making vacationing more convenient. Enjoy a zero-entry swimming pool, two hot tubs, and a kids' splash pad for endless family fun. The complex also offers a parking garage and fitness center. Property currently has reservations and will continue to accept them, ensuring the new owner will walk into immediate rental income upon purchase. Don't miss out on this unbeatable beach getaway! All information is approximate and should be verified by buyers if important.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size745 sqft
Year built2005
ParkingAdditional Parking, Parking Lot
MLS #769340
WaterfrontGulf, Waterfront
ViewGulf

Summary

  • Full Bathrooms: 1
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator
  • Interior: Breakfast Bar
  • Total Bedroom Count: 1
  • Parking: Additional Parking, Parking Lot
  • Waterfront: Gulf, Waterfront
  • View: Gulf
  • Exterior: Balcony
  • Architectural Style: High Rise
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $370,000
  • Price/SqFt: $496
  • HOA Amount: $2328 Quarterly
  • Annual Tax Amount: $3,999
  • Tax Year: 2023
  • Lot: Waterfront
  • Directions: From Front Beach Road turn right on South Thomas Drive and travel about 1/2 mile to Boardwalk on the right.
  • Year Built: 2005
  • Living Area: 745 SqFt
  • MLS Number: 769340
  • MLS Name: BCAR
  • Office Name: RE/MAX Freedom

IDX 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: 6/6/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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9450 S Thomas Dr Unit 507D, Panama City Beach, FL 32408 - balcony featuring a water view and a beach view

$370,000

9450 S Thomas Dr Unit 507D

$4,394

closing credit¹

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Price information

Property sales

DateEventPrice
Feb 19, 2014
Home Sold
$170,000

Tax history

YearAssessmentProperty Tax
2023$353,600$3,999
2022$289,425$3,197
2021$218,025$3,197
2020$211,563$2,627
2018$174,845$2,211
2017$158,950$1,828

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

2.0 mi

7400 Patronis Dr

7

Hutchison Beach Elementary School

Public District KG-5

3.1 mi

12900 Hutchison Blvd

5

Lucille Moore Elementary School

Public District PK-5

5.5 mi

1900 Michigan Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,561. Typical income of Panama City Beach, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

46%
<35k
48%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

60%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Wal-MartWal-Mart
  • KmartKmart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • FordFord
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 9450 S Thomas Dr Unit 507D

The listing price of 9450 S Thomas Dr Unit 507D property is $370,000.

The property 9450 S Thomas Dr Unit 507D is a condo located in Panama City Beach, Florida, 32408.

Active Listing: 9450 S Thomas Dr Unit 507D is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 9450 S Thomas Dr Unit 507D are: Patronis Elementary School (GreatSchools Rating 7/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), Breakfast Point Academy (GreatSchools Rating 6/10), Surfside Middle School (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), 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 $3,999 (source: MLS/based on county public records data).

The last sale was on February 19, 2014 for $170,000 (source: MLS/tax record).

The property at 9450 S Thomas Dr Unit 507D has 1 bedroom and 1 bathroom.

The property 9450 S Thomas Dr Unit 507D is 745 SqFt (source: MLS/tax record).

The year of construction for 9450 S Thomas Dr Unit 507D is 2005.

This home is located at 9450 S Thomas Dr Unit 507D in Panama City Beach, FL and zip code 32408. This 745 square foot home was built in 2005. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $370,000.

While more than 2 listings in Panama City Beach, FL in May 2025 were sold above asking price, there were more than 25 listings sold at asking price, and more than 111 were sold below. The number of homes for sale in Panama City Beach, FL increased by 6.2% between April and May 2025. While the average time on the market in May 2025 was 95 days, the median list price was $440,000.

From Rocket Homes Real Estate and based on county public records data.

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