Coral Reef Condominiums 6609 Thomas Dr Unit 1303 Panama City, FL 32408
2
Beds
2
Baths
1,427
Sq Ft
$1,429/mo
HOA Fee
Highlights
- Beach
- Property fronts gulf or ocean
- Furnished
- Patronis Elementary School Rated A-
- Clubhouse
- Community Pool
About This Home
As of February 2025CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Tucked along the sugar-white sands of Panama City Beach, this 2BR/2BA fully furnished Gulf-front condo in Coral Reef Resort offers sweeping views from the master bedroom, living area, and balcony, making it the perfect coastal retreat. Spacious and filled with natural light, the condo features durable tile and vinyl plank flooring throughout, complemented by cozy carpeted bedrooms for added comfort. Coral Reef recently underwent significant post-Hurricane Michael renovations, giving it the feel of a brand-new complex, with updated windows, doors, a refinished pool, and new walkways leading to its private beach. The resort boasts two tropical pools (one heated seasonally), a sun deck, a fitness center, and beautifully landscaped grounds with BBQ grills and picnic tables, along with a Gulf-side gazebo for relaxing outdoor living. Located on the quieter east end of Panama City Beach, Coral Reef strikes the perfect balance of seclusion and convenience, with nearby shopping, dining, marinas, and St. Andrews State Park. The intimate setting of only 82 units enhances its tranquil atmosphere and is ideal for those seeking a second home or vacation rental. Ready to embrace the coastal lifestyle? Schedule your private viewing today and make this Gulf-front escape yours!
Last Agent to Sell the Property
Duran Group
Berkshire Hathaway HomeServices Beach Properties of Florida Listed on: 10/01/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,695
Year Built
- Built in 1999
HOA Fees
- $1,429 Monthly HOA Fees
Interior Spaces
- 1,427 Sq Ft Home
- Furnished
- Ceiling Fan
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Additional Features
- Balcony
Community Details
Overview
- Association fees include cable TV, internet, legal/accounting, pest control, sewer, trash, water
- High-Rise Condominium
- Coral Reef Condo Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Beach
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2024
Closed on
Feb 28, 2025
Sold by
Godwin Donna L and Godwin Willis W
Bought by
Nattier Darin L and Nattier Kathryn C
Seller's Agent
Duran Group
Berkshire Hathaway HomeServices Beach Properties of Florida
Buyer's Agent
Melany Hathcock
CENTURY 21 Ryan Realty Inc
List Price
$519,000
Sold Price
$485,000
Premium/Discount to List
-$34,000
-6.55%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,678
Avg. Annual Appreciation
9.00%
Original Mortgage
$260,000
Outstanding Balance
$259,503
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
$242,083
Purchase Details
Closed on
Apr 30, 2004
Sold by
Rushing Marty and Rushing Patti
Bought by
Godwin Willis Wayne and Godwin Donna L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,600
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2001
Sold by
Vero Mar Development Ltd
Bought by
Rushing Marty and Rushing Patti
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Panama City, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | None Listed On Document | |
| Warranty Deed | $485,000 | None Listed On Document | |
| Warranty Deed | $469,000 | Lawyers Title Agency Of Nort | |
| Warranty Deed | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | Credit Line Revolving | |
| Closed | $260,000 | Credit Line Revolving | |
| Previous Owner | $333,600 | Purchase Money Mortgage | |
| Previous Owner | $230,000 | Purchase Money Mortgage | |
| Closed | $41,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $485,000 | 0.0% | $340 / Sq Ft |
| 12/18/2024 12/18/24 | Price Changed | $485,000 | -2.8% | $340 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $499,000 | -3.9% | $350 / Sq Ft |
| 10/01/2024 10/01/24 | For Sale | $519,000 | -- | $364 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,695 | $459,216 | -- | -- |
| 2023 | $5,695 | $417,469 | $0 | $496,825 |
| 2022 | $4,582 | $379,517 | $0 | $0 |
| 2021 | $4,230 | $345,015 | $0 | $0 |
| 2020 | $3,856 | $313,650 | $0 | $313,650 |
| 2019 | $3,903 | $314,458 | $0 | $314,458 |
| 2018 | $3,599 | $284,325 | $0 | $0 |
| 2017 | $3,629 | $284,750 | $0 | $0 |
| 2016 | $3,543 | $272,850 | $0 | $0 |
| 2015 | $3,574 | $267,750 | $0 | $0 |
| 2014 | $3,335 | $250,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2025
Duran Group
Berkshire Hathaway HomeServices Beach Properties of Florida
-
Melany Hathcock
Buyer's Agent in 2025
Melany Hathcock
CENTURY 21 Ryan Realty Inc
(850) 628-0253
5 in this area
101 Total Sales
About Coral Reef Condominiums
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 763390
APN: 30585-990-927
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.
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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