tomo logo

$800,000

Beds
3
Baths
2.5
sq ft
1,837

5717 Thomas Dr Unit A167, Panama City, FL 32408

5717 Thomas Dr Unit A167

Panama City, FL 32408

  • Pending
    • Price drop $25,000↓
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Rare opportunity to own a Gulf front unit in the gated community of Largo Mar. This Gulf front 3 story home comes fully furnished, and is ready to be your vacation home or new cash flowing rental! The home has 3 bedrooms, 3 bathrooms, and can sleep 12+ guests. When you walk inside, the open floor plan creates the perfect entertaining area for family, friends, and guests to gather. The kitchen has stainless steel appliances, granite countertops, a pantry, and plenty of cabinet space. The 2 bedrooms are large and have two queen beds in each, closets, and both with access to their own half baths, and a Jack and Jill tub/shower combo. You'll love the extra large 3rd floor with bedroom, seating area, and full bathroom that features a tiled shower, as well as multiple closets and additional owner's closet for private storage. Guests will enjoy amazing emerald water views from all three balconies. Walk 5 ft outside your back door and you're on the sugar white sands, or walk over to Largo Mar's private beach access with a deck, seating area, and outside shower. Additional features are an inside laundry area, 2 key locked owners closets, and one assigned parking spot directly in front of the condo door, with additional parking for guests about 15 ft away in the Guest parking lot. These units rarely come on the market, and this one is a must see in person!

Details

Property type

Condominium

Est. home value

$848,470

Lot size

Unknown

Price per sq ft

$436

Year built

1981

Annual property taxes

$6,397

Monthly HOA fee

$1,242.71

Price History

09/02/2024
CentralPanhandle

CentralPanhandle #760543

Pending
$800,000
08/29/2024
CentralPanhandle

CentralPanhandle #760543

Price change
$800,000
-3.03%
07/26/2024
CentralPanhandle

CentralPanhandle #760543

Listed
$825,000
+126.03%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Sidewalks

Seller’s Loan History

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

Lender

Bancorpsouth Bank

Loan start date

August 2016

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

3.42%

Loan type

Future Advance Clause / Open End Mortgage, 25 year

Seller

Mark Ellwood

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 8:05 PM

Listing updated: 09/02/2024 at 12:39 PM

Listed by: Nathan Lawrence, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #760543

CentralPanhandle logo

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