4715 Thomas Dr #E-2, Panama City, FL 32408
Property image
Property image
SOLD
JUL 31, 2026

4715 Thomas Dr #E-2
Panama City, FL 32408

Lower Grand Lagoon
  • Studio
  • 1 Bath
  • 450 sqft

$210,000

Last Sold: Jul 31, 2026
5% below list $220K
$467/sqft
Est. Refi. Payment $1,378/mo*
Refinance Your Home

$210,000

Last Sold: Jul 31, 2026
5% below list $220K
$467/sqft
Est. Refi. Payment $1,378/mo*
Refinance Your Home
Studio
1 Bath
450 sqft

Local Information

  • Map ViewExplore the area around 4715 Thomas Dr #E-2.
  • Schools1 Preschool School2 Elementary Schools1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1985
Living Area
450 sqft
Price/Sqft
$467/sqft
HOA
$337/Monthly

About this House

Gulf-front investment opportunity in Panama City Beach! This studio condo at 4715 Thomas Drive E-2 offers direct beach access and short-term rental potential in one of Florida's top vacation markets. Ideal for Airbnb or a personal getaway that generates income, with similar units producing ~$20K-$35K+ annually depending on usage and management. Located on the quieter east end near St. Andrews State Park, yet close to dining and attractions. Affordable beachfront ownership with strong upside--don't miss it!
4715 Thomas Dr #E-2, Panama City, FL 32408 is a studio, 1 bathroom, 450 sqft condo in Lower Grand Lagoon, built in 1985. It last sold for $210,000 on Jul 31, 2026 (5% below the $220,000 asking price). It is currently off market. The Trulia Estimate is $210,000, with a rent estimate of $1,449/month.

Home Details for 4715 Thomas Dr #E-2

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Studio
Beds & Baths
Number of Bathrooms: 1Number of Bathrooms (full): 1
Appliances & Utilities
Appliances: Electric Cooktop
Fireplace & Spa
Spa: Community
View
Has a ViewView: Gulf
Security
Security: 24 Hour Security

Exterior Features

Exterior Home Features
Patio / Porch: Balcony
Parking & Garage
No Garage
Pool
Pool: Electric Heat, In Ground, Community
Frontage
WaterfrontWaterfront: GulfOn Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 113

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumArchitecture: High Rise
Building
Not a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 31430632000

Price & Status

Price
List Price: $220,000Price Per Sqft: $467/sqft
Status Change & Dates
Off Market Date: Tue Jun 23 2026

Active Status

MLS Status: Closed

Location

Direction & Address
City: Panama City BeachCommunity: The Commodore
School Information
Elementary School: PatronisJr High / Middle School: SurfsideHigh School: Arnold

Building

Building Area
Building Area: 450 Square Feet

Community

Community Features: Barbecue, Gated, Park, Pool, Community Pool, Short Term Rental Allowed

HOA

HOA Fee Includes: Cable TV, Internet, Legal/Accounting, Pool(s), Security, Trash, WaterAssociation for this Listing: Central Panhandle Association of REALTORSHas an HOAHOA Fee: $1,012/Quarterly

Listing Info

Special Conditions: Listed As-Is

Rental Terms, Policies & Fees

Are Units Furnished: None

Miscellaneous

Mls Number: 786118Living Area Range Units: Square FeetWater ViewWater View: GulfAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12005-N-31430632000-R-N

Additional Information

HOA Amenities: Gated,Gazebo,Barbecue,Picnic Area,Spa/Hot Tub
Last check for updates: about 2 hours ago
Listed by Matt R Keaton, (423) 618-8806
Counts Real Estate Group Inc
Bought with: Abbott Martin Group, (850) 460-2900, EXP Realty LLC
Originating MLS: Central Panhandle Association of REALTORS
Source: CPAR, MLS#786118

Price History for 4715 Thomas Dr #E-2

DatePriceEventSource
07/31/2026$210,000Sold
CPAR #786118
06/23/2026$220,000PendingCPAR #786118
04/27/2026$220,000PriceChange
CPAR #786118
04/01/2026$230,000PriceChange
CPAR #786118
03/02/2026$240,000Listed For SaleCPAR #786118

Market trends in Lower Grand Lagoon

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$478K
$18.33KMoM
Sale-to-List Price
97.1%
0.2%MoM
Price per sq ft
$397
$0MoM
Available listings
321
17MoM
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Comparable Sales for 4715 Thomas Dr #E-2

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4715 Thomas Dr #CC-3, Panama City Beach, FL
0.01
Condo
$190,000
03/17/26
1
358
4715 Thomas Dr #CC3, Panama City, FL
0.06
Condo
$190,000
03/17/26
1
358
4715 Thomas Dr #602, Panama City, FL
0.03
Condo
$344,000
08/13/25
1
2
750
4715 Thomas Dr #202B, Panama City Beach, FL
0.07
Condo
$364,000
03/13/26
1
2
750
4715 Thomas Dr #1108C, Panama City Beach, FL
0.04
Condo
$465,000
02/27/26
2
2
1,056
3600 Thomas Dr #C205, Panama City Beach, FL
0.70
Condo
$215,000
10/17/25
1
1
656
455 Marlin Dr, Panama City Beach, FL
0.31
Condo
$340,000
07/15/26
2
2
824

Nearby homes

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Assigned Schools

These are the assigned schools for 4715 Thomas Dr #E-2.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Lower Grand Lagoon
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lower Grand Lagoon

At least 53 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 87 % Say car is needed

  • 77 % Say parking is easy

  • 74 % Say it's walkable to restaurants

  • 74 % Say people would walk alone at night

  • 73 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 61 % Say kids play outside

  • 60 % Say they plan to stay for at least 5 years

  • 52 % Say neighbors are friendly

  • 47 % Say streets are well-lit

  • 46 % Say there are sidewalks

  • 38 % Say it's walkable to grocery stores

  • 32 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Average. 15-20 minutes to mall on days without traffic. On days with heavy traffic it can take up to any hour to get to the mall"
    0
    Flag
  • Trulia User
    "We’ve lived here for over 23 years and love the area. Easy access to the beach, shopping and schools. Walking distance to the beach or public parking within half mile. "
    0
    Flag
  • Trulia User
    "Embarcadero is a long-standing quaint community of long term residents in the process of voting out Short term rentals to continue the community of quite neighbors. Be sure to inquire about notice given as to this process in the works. "
    8
    Flag
  • Trulia User
    "people with dogs are very friendly and the dogs are friendly ... less traffic back on south lagoon plus speed bumps make it a great place to walk "
    0
    Flag
  • Trulia User
    "I’ve lived in this neighborhood since 2017 and love it. I feel safe and like all my neighbors. It’s also close to beach access and popular areas so that is a plus. "
    1
    Flag
  • Trulia User
    "they walk all around everywhere is dog friendly more then they kid/adult friendly lol.... they are clean owners and most places have doggy pick up bags "
    0
    Flag
  • Douglas W. B.
    "Amazing spot to live in. Close to beach, shopping and you have a sense of community in this location."
    3
    Flag
  • Georgedanieljr
    "Great location easy drive to anywhere, located on the east end of the beach, more families and quite. "
    0
    Flag
  • Izzy I.
    "fireworks .. friendly neighborhood.. short walk to gulf . short walk to restaurants.. shirt drive to Publix Winn Dixie Walmart and other shopping"
    3
    Flag
  • Jill S.
    "Not a good place to walk dogs owners do not like animals on their property as your dog walks and uses bathroom even when u pick up after them."
    2
    Flag
  • Derrick A.
    "people are always walking dogs and very pet friendly would love to live here 100 times over !!!!!!!!!!!!!"
    0
    Flag
  • Jill S.
    "We get together 4th July on the beach and shoot fireworks. It’s such a special moment because everyone is on the beach enjoying each other’s fireworks. We can also see the city’s fireworks at pier park from where we live."
    1
    Flag
  • Trudelln
    "It’s by the beach! No HOAs and great neighbors..........................................................."
    8
    Flag
  • Steven H.
    "Panama city beach is really fun and has plenty of warm and friendly people. This neighborhood is especially amicable. "
    5
    Flag
  • Izzy I.
    "lots of friendly neighbors with dogs .... nice places to walk your dogs.... lots of squirrels for dogs to admire . haha "
    3
    Flag
  • Aaron C.
    "quiet neighborhood, close to beach. not a great yard as it's mostly sand and has sand spurs. usually not much traffic in the area "
    0
    Flag
  • Amber M.
    "Beautiful homes, friendly neighborhood. Easy access to food and entertainment on our beautiful beaches. "
    2
    Flag
  • Milesandbella
    "Although I work in town, I love living at the beach!! It is well worth the 25 minute commute. My neighbors are friendly and watch out for me. There are however some in my neighborhood that have very messy unkept yards which I do not like. That is probably the only negative thing that I can say. I have met good people and enjoy everyday I am here!"
    0
    Flag
  • Mike Hurcon
    "Wasn’t hit that bad by the hurricane, but the area has gotten much more dense with out of town workers that most likely do not have the best criminal history. Be mindful until residences in town become livable and the population is dispersed. "
    10
    Flag
  • Brett L.
    "Neighborhood is nice. Neighbors are friendly. Area is peaceful and there is easy public access to the beach close by. "
    2
    Flag
  • Eddie
    "Commute to Panama City can be tedious, especially going over bridge as it can back up for miles. Count on traffic during the work days and over the summer"
    0
    Flag
  • Azpcgal05
    "Living on the beach is great but you will have to watch small children more closely as they will be drawn to the sounds of the waves. On the plus side, they will truly sleep like a baby listening to the waves at night."
    1
    Flag
  • Garyrkaye
    "Wonderful place to live with one exception: "Dog friendly" with horrible dog "guardians" who will smile at you as their dog leaves presents on your driveway, near your mailbox, or right in the middle of your yard while carrying a plastic bag they never use. Some residents actually have signs in their yard to be "responsible" & pick up after your pet and they will cross the street and do otherwise on their neighbor's yard. Confrontation is pointless with such self centered people; they become militant; you can't fix stupid."
    17
    Flag
  • Rebecca P.
    "This area seems to have friendly people here, people that I can feel safe around. This neighborhood is pretty friendly and I wish I could buy in this neighborhood in the future. "
    4
    Flag
  • Wes R.
    "Grew up here. Great for riding bikes, close to beach, great for dog walking too. Easy access to boat launches"
    5
    Flag

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Apartments for Rent

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Homes for sale near 4715 Thomas Dr #E-2

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Off Market Homes Near 4715 Thomas Dr #E-2

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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.