NOT LISTED FOR SALE

Coral Reef Condominiums 6609 Thomas Dr Unit 203 Panama City, FL 32408

Estimated Value: $526,000 - $582,000

2 Beds
2 Baths
1,427 Sq Ft
$1,450/mo HOA Fee

Last Sold April 10, 2024

Last sale price $500,000 $350 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,879/month

35 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • Patronis Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of April 2024

Are you afraid of heights but want a view of the beach, pools, and Gulf of Mexico from a second floor balcony? You are in luck since Unit 203 is available to purchase at the well-loved CORAL REEF Condominium complex. The building has an amazing following due to the stellar reputation of being a well managed, structurally sound, and great place to stay. The building has undergone major renovations with fresh paint, all new windows and new doors. The curb appeal could not be better and locals love the east end of the beach for the fabulous restaurants and the easier flow of traffic. Marinas and the St Andrews State Park are close by for boaters and nature lovers. If you haven't heard, beach life is ''THE'' best life. Ask a local but better yet- Become one!

Last Agent to Sell the Property

Holli Persall

ERA Neubauer Real Estate Inc License #3198726 Listed on: 02/23/2024

ERA Neubauer Real Estate Inc

Last Buyer's Agent

Holli Persall

ERA Neubauer Real Estate, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 1999

Lot Details

HOA Fees

  • $1,450 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,427 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Breakfast Room
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • 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

  • Association fees include clubhouse, fishing rights, insurance, internet, ground maintenance, pest control, pool(s), sewer, trash, water
  • High-Rise Condominium
  • Coral Reef Condo Subdivision
  • 14-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator
  • Community Storage Space

Recreation

  • Beach
  • Community Pool
  • Fishing

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,695

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,450 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Lot Size: 0 X 0 -
  • Road Surface Type: Paved
  • Subdivision Name: Coral Reef Condo
  • Architectural Style: High Rise
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Split Bedrooms
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1427.0
  • Dining Room Type: Breakfast Room/Nook, Bedroom, Living Room, Primary Bedroom
  • Stories: 14
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Open
  • Garage: No
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, High Speed Internet Available, Other, Sewer Connected, Trash Collection
  • Security Features: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 4349.0
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Fishing, Other, Storage Facilities, See Remarks, Short Term Rental Allowed, Waterfront, Pool
  • Amenities: Beach Rights, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Clubhouse, Fishing Rights, Insurance, Internet, Maintenance Grounds, Pest Control, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 10, 2024
Sold by
Prewett Delores
Bought by
Ellis Bryan J
Seller's Agent
Holli Persall
ERA Neubauer Real Estate Inc
Buyer's Agent
Holli Persall
ERA Neubauer Real Estate, Inc
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%
Views
21
Current Estimated Value
$539,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,512
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Feb 20, 2004
Sold by
Evens Willburn J and White Robert S
Bought by
Prewett Harvey and Prewett Delores

Purchase Details

Closed on
Feb 1, 2002
Sold by
Damron Roger T and Damron Shelvy J
Bought by
Evans Wilburn J and Lewis Jeffrey N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Ellis Bryan J $500,000 Mti Title
Prewett Harvey $400,000 --
Evans Wilburn J $316,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Wilburn J $252,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $500,000 -16.0% $350 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $595,000 -- $417 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $496,825 $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

  • Holli Persall

    Seller's Agent in 2024

    Holli Persall

    ERA Neubauer Real Estate Inc

    (850) 866-8195

    14 in this area

    176 Total Sales

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About Coral Reef Condominiums

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 753259

Central Panhandle Association of REALTORS®

APN: 30585-990-203

Florida Bay County Panama City 32408

6609 Thomas Dr Unit 203, Panama City, FL

This home is located at 6609 Thomas Dr Unit 203, Panama City, FL 32408 since 23 February 2024 and is currently estimated at $552,556, approximately $387 per square foot. This property was built in 1999. 6609 Thomas Dr Unit 203 is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle School.

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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