4715 Thomas Drive, Unit 605D

Panama City Beach, FL 32408

$599,900
Price
3
Beds
1,404 Sq. Ft.
$427 / Sq. Ft.
1,404
Sq. Ft.
$427
per Sq. Ft.

Description

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...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!
  1. Listed by Renae Voda • EXP Realty LLC

Property Details for 4715 Thomas Drive, Unit 605D

Architectural Style
High Rise
Waterfront
Yes
Waterfront Features
Gulf
Parking Features
Gated, No Garage, Parking Lot
Subdivision Name
The Commodore
View
Gulf
View
Yes
LISTING UPDATED: 02/26/2025 10:18 AM

Property Details for 4715 Thomas Drive, Unit 605D

StatusActive
MLS #766190
Days on Market80
Taxes$5,003 / year
HOA Fees$2,834 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built1985
CountyBay County

Building Information for 4715 Thomas Drive, Unit 605D

Building/Complex4715 Thomas DrFloor6Stories-Residences-Pet Policy-Pet Policy Details-Year Built1985

Property Information for 4715 Thomas Drive, Unit 605D

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From the Hathaway Bridge Travel South on Thomas Drive. After the curve by Newby's turn Left at the light and The Commodore is the first High Rise on the right
  • Postal Code: 32408
  • Latitude: 30.13706
  • Longitude: -85.749223
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 31430-555-000
  • Association Fee: $2,834.00
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Association Management, Cable Tv, Legal Accounting, Pools, Security, Trash
  • Association: Yes
  • Tax Annual Amount: $5,003.00
  • Tax Legal Description: THE COMMODORE UNIT 605 TYPE D ORB 1026 P 19 3BR 3B 1404 H&C ORB 4646 P 981
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Dimensions: 0x0
  • Living Area: 1404.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1985
  • Human Modified: No
Utilities
  • Utilities: Cable Connected, Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Pool Features: Electric Heat, In Ground, Community
  • Community Features: Beach, Elevator, Park, Pool, Storage Facilities, Short Term Rental Allowed, Gated
  • Construction Materials: Stucco
  • Patio And Porch Features: Balcony
  • Security Features: Fire Alarm, Fire Sprinkler System, Gated Community, Twenty Four Hour Security, Smoke Detectors
Interior Features
  • Entry Level: 6
  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air, Electric
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
Room Information
Room 1
  • Room Area: 168.0
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 12.0
Room 2
  • Room Area: 168.0
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 3
  • Room Area: 168.0
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 4
  • Room Area: 182.0
  • Room Dimensions: 14 x 13
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 13.0
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 4715 Thomas Drive, Unit 605D

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4715 Thomas Drive, Unit 605D

Taxable ValueLand-Additions$552,626Total-
Tax Record2024$6,831 ($569 / month)
Home Facts
Beds3Total Finished SqFt1,404 SqFtAbove Grade Finished SqFt1,404 SqFtStories1StyleCondominiumYear Built1985CountyBAYAPN31430-555-000

Schools near 4715 Thomas Drive, Unit 605D

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4715 Thomas Drive, Unit 605D is a condo for sale in Panama City Beach, FL 32408. This property was listed for sale on December 13, 2024 by EXP Realty LLC, it's currently listed at $599,900. It has been on the market for a total of 80 days and was last sold on January 6, 2023. This listing's school district is Bay. Nearby schools include Patronis Elementary School, Surfside Middle School and J.R. Arnold High School. 4715 Thomas Drive, Unit 605D is a 3-bed, 3-bath, 1,404 sqft condo built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.