Back E-2/4715 Thomas Drive
Off Market

E-2/4715 Thomas Drive

Lower Grand Lagoon FL 32408

1
450 sq. ft.
Condo
Last sold for $210,000
Matt KeatonMatt Keaton, last sold this property on 31 July 2026 after 150 days on market.

Overview

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!

Features

1 bathroom
450 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar condos sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of E-2/4715 Thomas Drive is $352k.

Median value
$352k
Estimated value range
$100k - $1.58m
Median days on market
81
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for E-2/4715 Thomas Drive

2026
Sold
$210,000
31 Jul 2026 by Matt Keaton, of Counts Real Estate Group Inc

Happy sellers in Lower Grand Lagoon

91%
91% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for condos in Lower Grand Lagoon

In the last 12 months, 484 condos similar to E-2/4715 Thomas Drive, have been sold.

This represents a 1% decrease in condos sales when compared to the previous 12 months.

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