5801 Thomas Drive

5801 Thomas Drive is a condo located in Panama City Beaches, Panama City. The lot that the building was built on is 1,500 feet wide and 1,100 feet long.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! There are 148 closings on record, of which we have matching data for 47 listings. In the past 3 years, a listing in this building will typically remain on the market for about 75 days and tend to sell below the original asking price of $324,900 by 2.37%. Meaning, listings tend to sell at a median of $258 price per square foot. The transaction that took the longest to complete was unit 1013, listed on Oct 08, 2015 for $199,900. This particular unit ultimately sold 344 days later for $195,000. The most recent transaction was for unit 916, which was first advertised on Dec 08, 2023, sold for $400,000 on Jan 31, 2024. Fun fact, the oldest transaction we have on record took place on Mar 15, 2000. See the full transaction history for 5801 Thomas Drive below.

Panama City Beaches, where 5801 Thomas Drive is located, has a median asking price of $459,500 for condo buildings. Meanwhile, the building itself has a median asking price of $324,900. For interested buyers, that means the building's median asking price is around 0.29% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 11 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $950,000. It is a 1,903 sqft 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $299,000. It is a 916 sqft 1 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, 1 two-bedroom, 9 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $524,995. Collectively, the median square footage of these active units for sale is 1,456 sqft. Active units for sale at 5801 Thomas Drive are mostly 3-bedroom apartments Active units for sale at 5801 Thomas Drive have a median count of 3 bedrooms and have a median count of 2 bathrooms.