tomo logo

$682,863Estimated home value

Beds
2
Baths
2.0
sq ft
1,370

5004 Thomas Dr Unit 1709, Panama City, FL 32408

5004 Thomas Dr Unit 1709

Panama City Beach, FL 32408

  • Sold On 7/2/2014
THIS HAS BEEN A NON RENTAL EVER SINCE THE CURRENT OWNER PURCHASED THIS IN MAY, 2012. THE CURRENT OWNER HAS IMPROVED THIS UNIT VASTLY WHEN PURCHASING WITH NEW CARPET AND A NEW SAMSUNG STOVE AND NEW LG MICROWAVE ALONG WITH PAINTING THE ENTIRE UNIT. THE COMPLETE HVAC SYSTEM WAS REPLACED IN 2013 ALONG WITH A NEW HOT WATER HEATER. SELLER COMPLETELY FURNISHED THIS UNIT IN 2012 WITH A REAL NICE BEACHY MOTIF. THE ''KITCEN AID'' REFRIGERATOR AND DISHWASHER WERE INSTALLED IN 2010 AND THE WASHER AND DRYER ARE GE PRODUCTS. YOU WILL SEE THE QUALITY OF THIS UNIT AFTER ENTERING THE KEYLESS ENTRY FRONT DOOR.THE BUNKBED AREA HAS ALSO BEEN CONVERTED INTO AN OFFICE AREA BUT COULD EASILY BE CONVERTED BACK TO BUNK BEDS IF DESIRED. TREASURE ISLAND CONDOS OFFER A VARIETY OF AMENITIES FROM THEIR LARGE HEATED

Details

Property type

Condominium

Est. home value

$682,863

Lot size

Unknown

Price per sq ft

$233

Year built

2005

Monthly HOA fee

$406.67

Price History

03/09/2025
CentralPanhandle

CentralPanhandle #762614

Removed
$685,500
09/13/2024
CentralPanhandle

CentralPanhandle #762614

Listed
$685,500
+130.81%
07/02/2014
CentralPanhandle

CentralPanhandle #619049

Sold
$297,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fishing

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

$83,200
Asking price
$318,900
Closing costs (~8% of asking)
-$25,512
Est. remaining loan balance
-$210,188
Cash to seller
$83,200

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

Seller’s Loan History

Lender

Southern States Bank

Loan start date

September 2020

Original loan amount

$233,250

Est. remaining balance

$210,188

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Kenneth A Napier and Brenda S Napier

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$750,000
2 bd
|
2 ba
|
1,400 sq ft
|
Condo

6505 Thomas Dr Unit 506, Panama City, FL 32408

Price drop
CentralPanhandle
$684,700
2 bd
|
2 ba
|
1,404 sq ft
|
Condo

6201 Thomas Dr Unit 802, Panama City, FL 32408

Status: Off Market

Tomo last checked: 03/12/2025 at 3:15 PM

Listing updated: 11/01/2023 at 10:30 AM

Listed by: Harry M Tice, Top Producers Real Estate Ctr Phone #: (850) 234-0809

MLS: CentralPanhandle #619049

CentralPanhandle logo