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$599,900

Beds
3
Baths
3.0
sq ft
1,404

4715 Thomas Dr Unit 605D, Panama City, FL 32408

4715 Thomas Dr Unit 605D

Panama City Beach, FL 32408

  • 108 days on market
    • Price drop $29,100↓
This beautiful 3-bedroom, 3-bathroom Gulf-front condo at The Commodore is a rare gem on the far east end of Panama City Beach!Recently updated with new tile floors throughout, this condo is designed with both comfort and rental appeal in mind. Two Gulf-facing primary suites feature private balcony access and en-suite bathrooms, ensuring every guest wakes up to breathtaking water views. The spacious third bedroom has a queen bed and set of bunks to comfortably accommodate multiple guests.The open-concept living area flows seamlessly into a stylish coastal kitchen featuring granite countertops, crisp white cabinetry, white appliances, and a bar area--ideal for entertaining. Step out onto the private balcony to soak in panoramic sunset views. There is an outside storage lock-out closet for all your beach gear.The Commodore offers resort-style amenities, a seasonally heated pool, hot tub, and direct beach access. Located just moments from St. Andrews State Park and top local attractions, this property is a vacation favorite with strong rental income potential.Featuring a separate lock -out unit, this property offers the flexibility to rent out the entire condo or separately.Don't miss out on this prime Gulf-front condo as a 2nd home or perfect vacation rental. Schedule your private showing today!This stunning 3-bedroom, 3-bathroom Gulf-front condo at The Commodore is a rare gem on the far east end of Panama City Beach!Recently updated with new tile floors throughout, this condo is designed with both comfort and rental appeal in mind. Two Gulf-facing primary suites feature private balcony access and en-suite bathrooms, ensuring every guest wakes up to breathtaking water views. The spacious third bedroom has a queen bed and set of bunks to comfortably accommodate multiple guests.The open-concept living area flows seamlessly into a stylish coastal kitchen featuring granite countertops, crisp white cabinetry, white appliances, and a bar area--ideal for entertaining. Step out onto the private balcony to soak in panoramic sunset views. There is an outside storage lock-out closet for all your beach gear.The Commodore offers resort-style amenities, a seasonally heated pool, hot tub, and direct beach access. Located just moments from St. Andrews State Park and top local attractions, this property is a vacation favorite with strong rental income potential.Featuring a separate lock -out unit, this property offers the flexibility to rent out the entire condo or separately.Don't miss out on this prime Gulf-front condo as a 2nd home or perfect vacation rental. Schedule your private showing today!

Details

Property type

Condominium

Est. home value

$633,087

Lot size

Unknown

Price per sq ft

$428

Year built

1985

Annual property taxes

$5,003

Monthly HOA fee

$1,465

Price History

02/26/2025
CentralPanhandle

CentralPanhandle #766190

Price change
$599,900
-4.63%
12/17/2024
CentralPanhandle

CentralPanhandle #766190

Listed
$629,000
12/14/2024
CentralPanhandle

CentralPanhandle #766190

Removed
$629,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Park

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$128,612
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$423,296
Cash to seller
$128,612

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

January 2023

Original loan amount

$434,000

Est. remaining balance

$423,296

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Joy Bailey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 8:45 PM

Listing updated: 03/27/2025 at 8:30 PM

Listed by: Renae Voda, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #766190

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