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$275,000

Beds
1
Baths
1.0
sq ft
656

3600 Thomas Dr Unit C104, Panama City, FL 32408

3600 Thomas Dr Unit C104

PANAMA CITY, FL 32408

  • 233 days on market
    • Price drop $14,900↓
PCB waterfront living. This Treasure Cove Condominium Unit, affectionately named "Crabby Lagoon" is a classic Panama City Beach Condo located on Grand Lagoon at Thomas Drive. This 1 bedroom 1 bath looks & feels brand new with fresh interior paint, fully renovated bath with new beautifully tiled walk-in shower, vanity, toilet, sink, exhaust/light and tile. 2022 SS Appliances, Dual W/D Unit, 2019 HVAC, New Balcony Ceiling, Balcony shade, electric blinds, and a barn door added on the hall closet. Some furnishings are included, i.e. brand new King Adjustable Bed, headboard and platform. There is a well kept Community Pool, clubhouse and dock with overnight boat mooring allowed. This unit is on the short term rental program with Real Joy Vacation Rentals. Located less than 1 mile from the white sandy beaches and Public Access #5. This unit is on the 1st floor and overlooks the community pool, dock and Grand Lagoon. This small condo community is close to everything but is out of the mainstream busy beach population. The short term rental information for 2023 is for less than 6 months due to the owners' personal use. This Condominium complex has passed all new state condo safety regulations.

Details

Property type

Condominium

Est. home value

$275,918

Lot size

Unknown

Price per sq ft

$420

Year built

1985

Annual property taxes

$2,413

HOA fee

$5,016

Price History

07/29/2024
Tallahassee

Tallahassee #369722

Price change
$275,000
-5.14%
03/15/2024
Tallahassee

Tallahassee #369722

Listed
$289,900
+18.33%
09/14/2022
CentralPanhandle

CentralPanhandle #729830

Sold
$245,000
+153.89%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

OTHER COUNTY

Middle school: 

OTHER COUNTY

High school: 

OTHER COUNTY

Community features: 

Pool, Street Lights, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$62,874
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$190,126
Cash to seller
$62,874

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Community First Credit Union Of Florida

Loan start date

September 2022

Original loan amount

$196,000

Est. remaining balance

$190,126

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Vicki Dickert and Cara Yown

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/03/2024 at 8:10 AM

Listing updated: 08/06/2024 at 4:43 PM

Listed by: Cynthia D Miller, Xcellence Realty Phone #: (305) 595-7355

MLS: Tallahassee #369722

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