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$326,704Estimated home value

Beds
1
Baths
1.5
sq ft
976

5717 Thomas Dr Unit C112, Panama City, FL 32408

5717 Thomas Dr Unit C112

Panama City Beach, FL 32408

  • Sold On 3/13/2015
This is a great Gulf Front Complex and this condo has wonderful views... Relax from your living room balcony with great shade overlooking the community pool or on your bedroom balcony over looking the sunset on the gulf. It's located in the heart of Panama City Beach, within a mile of St. Andrews State Park, Schooners and Captain Anderson's Marina. This is a split level unit with smooth finished ceilings, new paint, an updated kitchen and baths. It includes a large private storage closet on the outside. A Great condo to use as your private retreat and/or for vacation rental income. **All important information must be verified.

Details

Property type

Condominium

Est. home value

$326,704

Lot size

Unknown

Price per sq ft

$137

Year built

1981

Annual property taxes

$1,093

Monthly HOA fee

$373.67

Price History

11/01/2024
CentralPanhandle

CentralPanhandle #758716

Removed
$327,000
06/07/2024
CentralPanhandle

CentralPanhandle #758716

Listed
$327,000
-2.39%
05/31/2024
CentralPanhandle

CentralPanhandle #752325

Removed
$335,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, 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

$79,089
Asking price
$132,900
Closing costs (~8% of asking)
-$10,632
Est. remaining loan balance
-$43,179
Cash to seller
$79,089

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

Seller’s Loan History

Lender

Regions Mortgage

Loan start date

May 2015

Original loan amount

$101,600

Est. remaining balance

$43,179

Interest rate

2.97%

Loan type

New Conventional, 15 year

Seller

Ralph Steele and Leslie Steele

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: Off Market

Tomo last checked: 11/08/2024 at 7:30 AM

Listing updated: 09/15/2024 at 11:40 PM

Listed by: David Patrick Howard, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: CentralPanhandle #627392

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