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$449,000

Beds
2
Baths
2.0
sq ft
1,144

5801 Thomas Dr Unit 1215, Panama City, FL 32408

5801 Thomas Dr Unit 1215

Panama City Beach, FL 32408

  • 5 days on market
The view from the 12th floor provides an incredible view of the white sugar sand and the gulf ocean. This extraordinary 2 bedroom 2 bath condo accommodates six (6) people. The color scheme is a tasteful blue, white and gray. The galley kitchen and dining area are perfect for in-home meal preparation. Modern lights over the kitchen counter provide lighting for the two (2) barstools which serve as overflow seating. The white wooden dining table seats six (6) people. The living room is furnished with sophisticated gray leather mid-century modern furniture that provides comfort while watching the large flat screen TV. The sofa does NOT make a bed. The living room and the master bedroom with its king size bed has easy access the private balcony overlooking the sparkling turquoise waters of the gulf. The master bath has a beautifully tiled walk-in shower and granite countertops. The 2nd bedroom provides two (2) full size beds. Both bedrooms include televisions. This condo accommodates up to six (6) people in its two (2) bedrooms. This unit has a washer and dryer provided for efficiency allowing you to take clean clothes home from your vacation.

Details

Property type

Condominium

Est. home value

$465,258

Lot size

Unknown

Price per sq ft

$393

Year built

1982

Monthly HOA fee

$999.19

Price History

12/19/2024
EmeraldCoast

EmeraldCoast #964823

Listed
$449,000
12/18/2024
EmeraldCoast

EmeraldCoast #964823

Removed
$449,000
12/16/2024
EmeraldCoast

EmeraldCoast #964823

Listed
$449,000
+127.34%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool

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

$222,300
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$190,780
Cash to seller
$222,300

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

Seller’s Loan History

Lender

Lendsure Mortgage Corp

Loan start date

June 2021

Original loan amount

$206,500

Est. remaining balance

$190,780

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Derek R Bush

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: Active

Tomo last checked: 12/22/2024 at 12:30 AM

Listing updated: 12/19/2024 at 5:44 PM

Listed by: Clifford Milam, Clifford Milam, Clifford W Milam, Paradise Property Brokers Inc Phone #: (850) 420-2494

MLS: EmeraldCoast #964823

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