tomo logo

$685,500

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, FL 32408

  • 101 days on market
Best of the best in Treasure Island! Completely renovated and absolutely turnkey! The Gulf front beauty lives like a beach house but comes with all the benefits of owning a condo. This professionally decorated, meticulously maintained condo conveys luxurious furnishings, window treatments, and artwork that welcome you to lie back, relax, and enjoy panoramic views of the pool, beach, and ocean. Open floorplan and vaulted 10' ceilings allow for fabulous Gulf and sunset views from balcony, living room, dining room, kitchen, & master suite providing the ultimate alfresco living and entertaining environment! Sunset views from the generous, private, balcony are a perfect end to a sunny day and beginning to an exciting evening. Assigned parking space is as convenient as it comes. Upgrades galore include hard surface flooring t/o, scraped and sooth ceilings, custom cabinets and quartz countertops in kitchen and baths, custom tilework in the kitchen, renovated and upgraded bathrooms - one with a walk-in shower, the other with large garden soaking tub, custom California style shelving in master closet, and an ultra-high-end appliance and furnishing package including an induction stove, automatic block out shades with a remote, and brand new washer and dryer. Treasure Island is one of the more revered projects in Panama City Beach and is a short distance to St Andrews State Park, as well as many of PCB's finest restaurants: Schooners, Grand Marlin, Captain Anderson's, Patches, J. Michaels etc. The generous amenities package includes a Gulf front pool, hot tub, fitness center, gazebo, grilling area & parking Garage. Don't miss your opportunity to view this beautiful property!

Details

Property type

Condominium

Est. home value

$682,863

Lot size

Unknown

Price per sq ft

$501

Year built

2005

Annual property taxes

$6,993

Monthly HOA fee

$858.33

Price History

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: 

Clubhouse, Fitness Center, Fishing, Park

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

$419,547
Asking price
$685,500
Closing costs (~8% of asking)
-$54,840
Est. remaining loan balance
-$211,113
Cash to seller
$419,547

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

$211,113

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?

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Status: Active

Tomo last checked: 12/23/2024 at 10:40 AM

Listing updated: 09/23/2024 at 11:39 AM

Listed by: John B Skinner Jr., Keller Williams Realty Emerald Phone #: (850) 654-2900

MLS: CentralPanhandle #762614

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