tomo logo

$1,900,000

Beds
2
Baths
2.0
sq ft
3,020

4425 Thomas Ph5 Drive Unit PH5, Panama City Beach, FL 32408

4425 Thomas Ph5 Drive Unit PH5

Panama City Beach, FL 32408

  • 135 days on market
''STUNNING PENTHOUSE with GORGEOUS GULF & LAGOON VIEWS'' Very desirable location!! Unit Boosts over 3020 sq ft of spacious living room with high ceilings! Large balconies to enjoy sunrise & sunsets over the gulf pass & state park! Master bedroom could easily be split into two bedrooms, very large!One of a kind - definitely spectacular, must see!!Private lobby area entrance, recently renovated lobby & buildings!Pre-Qualify requirements- a must see!

Details

Property type

Condominium

Est. home value

$1,741,691

Lot size

Unknown

Price per sq ft

$630

Year built

1981

Annual property taxes

$9,481

Monthly HOA fee

$1,362.17

Price History

05/30/2024
CentralPanhandle

CentralPanhandle #757455

Listed
$1,900,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Fitness Center, Tennis Court(s)

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

$1,586,654
Asking price
$1,900,000
Closing costs (~8% of asking)
-$152,000
Est. remaining loan balance
-$161,346
Cash to seller
$1,586,654

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

Seller’s Loan History

Lender

Primelending

Loan start date

August 2016

Original loan amount

$315,000

Est. remaining balance

$161,346

Interest rate

2.74%

Loan type

New Conventional, 15 year

Seller

Gregory K Demars Sr and Lisa Miles Demars

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?

Status: Active

Tomo last checked: 10/05/2024 at 1:20 AM

Listing updated: 09/26/2024 at 11:11 PM

Listed by: Debbie L Wheeler, Shorelines Real Estate LLC Phone #: (850) 814-9998

MLS: CentralPanhandle #757455

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