NOT LISTED FOR SALE

The Commodore Condominiums 4715 Thomas Dr Unit 708 Panama City, FL 32408

Estimated Value: $437,432 - $496,000

2 Beds
2 Baths
1,056 Sq Ft
1985 Built

Sale Details

Date Sold: March 20, 2025

Last sale price $500,000 $473 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,848 / mo

35 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • Patronis Elementary School Rated A-
  • Building Security
  • Sauna

About This Home

As of March 2025

Welcome to your dream beachfront retreat! This stunning, fully remodeled and freshly painted 2-bedroom, 2-bathroom Gulf-front condo offers breathtaking ocean views, a prime location, and incredible investment potential. Imagine waking up to the soothing sound of waves, stepping onto your private balcony, and watching the sun set over the water every evening. The master bedroom is positioned on the Gulf side, featuring private balcony access with a King-sized bed. The spacious second bedroom includes two full-sized beds, direct access to the second bathroom and ample storage. The kitchen is a chef's delight, boasting new white wood cabinets, quartz countertops, tons of cabinet space and new stainless steel appliances. The condo features all new luxury vinyl throughout. New full-size stacked washer and dryer convey with the sale and the unit includes a large exterior storage space just outside the front door. Oh, let us not overlook the spacious main living area with additional sliding doors leading to the balcony. Located in The Commodore, a highly sought-after beachfront community in Panama City Beach, this condo is within walking distance of St. Andrews State Park, local restaurants, shopping, and entertainment. The property offers resort-style amenities, including a seasonally heated pool, hot tub, shuffleboard court, BBQ grilling area, and 24/7 on-site security. Whether you're looking for a full-time residence, a vacation home, or an income-producing rental property with a $60K+ rental income, this turn-key condo is the perfect opportunity. The Commodore is short-term rental friendly, providing a great investment for those seeking a beachfront property with strong rental potential. With low condo fees, unbeatable amenities, and a prime location, this is your chance to own a piece of paradise. Don't wait—schedule your private tour today!

Last Agent to Sell the Property

Mike Glass

LPT Realty LLC License #554784 Listed on: 02/03/2025

LPT Realty LLC

Last Buyer's Agent

Kathy Bass

Avenue Realty License #3228304

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,116

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road

Parking

  • Parking Lot

Interior Spaces

  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Electric Range
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • The Commodore Subdivision

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Park

Security

  • Building Security
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,116

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Road Frontage Type: Private Road
  • Subdivision Name: The Commodore
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bathroom
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Shoreline - Natural
  • Waterfront: Yes
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Parking Lot
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available, High Speed Internet Available
  • Security Features: Building Security, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Beach, Elevator, Fitness Center, Laundry Facilities, Park, Pool, Sauna, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
  • Amenities: Gated, Spa/Hot Tub
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 4116.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2025
Sold by
Mynatt Family Revocable Trust and Mynatt Jeff
Bought by
Dream Place Llc
Current Estimated Value
$466,858

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 20, 2025
Sold by
Osborn Darrin Montgomery
Bought by
Mynatt Family Revocable Trust and Mynatt
Seller's Agent
Mike Glass
LPT Realty LLC
Buyer's Agent
Kathy Bass
Avenue Realty
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.69%

Purchase Details

Closed on
Sep 13, 2024
Sold by
Vamplew James and Vamplew Betty
Bought by
Osborn Darrin Montgomery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Dream Place Llc $100 None Listed On Document
Mynatt Family Revocable Trust $500,000 Mti Title
Mynatt Family Revocable Trust $500,000 Mti Title
Osborn Darrin Montgomery $408,000 Setco Services
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Osborn Darrin Montgomery $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2025 03/20/25 Sold $500,000 -4.8% $473 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
01/26/2025 01/26/25 For Sale $525,000 -- $497 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,309 $395,250 -- $395,250
2024 $4,116 $295,446 -- --
2023 $4,116 $268,587 $0 $399,500
2022 $3,247 $244,170 $0 $0
2021 $2,837 $221,973 $0 $0
2020 $2,495 $201,794 $0 $201,794
2019 $2,526 $201,794 $0 $201,794
2018 $2,699 $212,415 $0 $0
2017 $2,504 $195,500 $0 $0
2016 $2,550 $195,500 $0 $0
2015 $2,563 $191,136 $0 $0
2014 $2,490 $185,855 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Glass

    Seller's Agent in 2025

    Mike Glass

    LPT Realty LLC

    (770) 916-1177

    7 in this area

    49 Total Sales

    Mike Glass
    Section Image
  • Kathy Bass

    Buyer's Agent in 2025

    Kathy Bass

    Avenue Realty

    (850) 832-1007

    3 in this area

    107 Total Sales

    Kathy Bass
    Section Image
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About The Commodore Condominiums

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 768125

Central Panhandle Association of REALTORS®

APN: 31430-568-000

Florida Bay County Panama City 32408

4715 Thomas Dr Unit 708, Panama City, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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