tomo logo

$599,000

Beds
2
Baths
2.0
sq ft
1,404

6201 Thomas Dr Unit 1102, Panama City, FL 32408

6201 Thomas Dr Unit 1102

Panama City Beach, FL 32408

  • 82 days on market
    • Price drop $75,900↓
One of the best layouts in Watercrest, and all of Panama City Beach! This updated 2 bedroom end unit condo has a huge covered balcony, extra windows in the living area and amazing views all the way to the pass! Tile floors throughout, all new doors in 2019, gorgeous updated baths with walk in tile showers, granite in the kitchen, sold fully furnished and rental ready! King bed in the master that opens to the balcony, two queens in the spacious second bedroom and a great open kitchen and living area make this condo the perfect beach getaway or beach rental! Watercrest is located on Thomas Dr, close to great shops, restaurants, marinas and St Andrew's State Park. Watercrest features awesome amenities including tennis courts, shuffleboard, pickle ball, a fitness room, hot tub, heated pool, kiddie pool and snack bar! Call us today to make this condo your next investment or beach home away from home!

Details

Property type

Condominium

Est. home value

$661,590

Lot size

Unknown

Price per sq ft

$427

Year built

1987

Annual property taxes

$6,183

Monthly HOA fee

$1,099.53

Price History

01/05/2025
CentralPanhandle

CentralPanhandle #764563

Price change
$599,000
-11.25%
11/18/2024
CentralPanhandle

CentralPanhandle #764563

Price change
$674,900
-3.45%
11/01/2024
CentralPanhandle

CentralPanhandle #764563

Listed
$699,000
+71.32%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Tennis Court(s)

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

$192,088
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$358,992
Cash to seller
$192,088

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

January 2021

Original loan amount

$395,000

Est. remaining balance

$358,992

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Seyedbehzad Nabavi and Santa Maria Mendoza Benavides

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: 01/23/2025 at 12:30 AM

Listing updated: 01/10/2025 at 11:40 AM

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

MLS: CentralPanhandle #764563

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