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$480,000

Beds
2
Baths
2.0
sq ft
1,144

5801 Thomas Dr Unit 1119, Panama City, FL 32408

5801 Thomas Dr Unit 1119

Panama City Beach, FL 32408

  • 123 days on market
    • Price drop $5,000↓
ALERT!!! MASTER ON THE GULF WITH WINDOW THAT OPENS TO HEAR THE GULF BREEZE. YOU ALSO HAVE A PRIVATE DOOR FROM THE MASTER THAT GOES TO THE PATIO. This fully furnished, and stunning 2 bed 2 bath condo is located on the popular East End of PCB Beach! REGENCY TOWERS HAS IT ALL! TWO LARGE POOLS AND SUPER COOL TIKI BAR AND EATERY ONSITE/POOLSIDE. The other amenities at Regency Towers are second to none, with a fitness center, hot tub, and game room just steps from your front door.TALK ABOUT OPEN FLOOR PLAN! The living area is bright and airy, with plenty of natural light pouring in through the large windows that overlook the Gulf of Mexico. You'll love the easy flow from the living room to the kitchen, which features plenty of storage space for all your culinary needs. Both bedrooms are spacious and comfortable, with ample closet space and en-suite bathrooms that feature stylish fixtures and finishes. Outside, the private balcony is the perfect place to take in those stunning ocean views, watch dolphins play in the waves, or simply enjoy a glass of wine with friends. With its prime location right on the beach, this 2 bed 2 bath condo is the perfect vacation retreat and has the potential to be a rental machine. Don't miss your chance to own a piece of paradise in one of the most beautiful areas of Florida.

Details

Property type

Condominium

Est. home value

$476,080

Lot size

Unknown

Price per sq ft

$420

Year built

1975

Annual property taxes

$4,595

Monthly HOA fee

$999.19

Price History

08/17/2024
CentralPanhandle

CentralPanhandle #757357

Price change
$480,000
-1.03%
07/15/2024
CentralPanhandle

CentralPanhandle #757357

Price change
$485,000
-3%
05/18/2024
CentralPanhandle

CentralPanhandle #757357

Listed
$500,000
+5.49%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fitness Center, Gated

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

$67,853
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$373,747
Cash to seller
$67,853

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

June 2023

Original loan amount

$379,200

Est. remaining balance

$373,747

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Logan Christopher Hisaw and Ashley Boutin

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: 09/19/2024 at 5:30 PM

Listing updated: 09/10/2024 at 1:39 AM

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

MLS: CentralPanhandle #757357

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