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$599,000

Beds
2
Baths
2.0
sq ft
1,379

6201 Thomas Dr Unit 1606, Panama City, FL 32408

6201 Thomas Dr Unit 1606

Panama City Beach, FL 32408

  • 34 days on market
Welcome to your dream beachfront getaway! This beautifully updated, fully furnished condo offers the perfect blend of style, comfort, and lucrative vacation rental income grossing roughly $80k yearly. Located just steps from the sand, with breathtaking ocean views and a prime location near local shops and dining, this condo is an ideal retreat for guests seeking a relaxing coastal escape.Inside, the space has been tastefully remodeled with modern finishes and thoughtful design elements. The open-concept living area is flooded with natural light, creating an inviting, airy atmosphere. High-end flooring, fresh paint, and custom furniture complete the space, making it a sophisticated yet cozy home away from home. Onsite amenities include two pools, outdoor hot tub, a food area next to the pool, indoor racquet ball court, tennis court, shuffle board court, gym with sauna & steam rooms, owner's clubhouse, and direct beach access, making it easy for guests to enjoy everything the coast has to offer. With established rental success and positive reviews, this condo is a must-see for investors or anyone looking for a stylish and profitable second home.

Details

Property type

Condominium

Est. home value

$603,080

Lot size

Unknown

Price per sq ft

$435

Year built

1987

Monthly HOA fee

$1,085

Price History

11/16/2024
CentralPanhandle

CentralPanhandle #765167

Listed
$599,000
+14.1%
03/21/2022
CentralPanhandle

CentralPanhandle #716993

Sold
$525,000
+111.27%
09/26/2014
CentralPanhandle

CentralPanhandle #622104

Sold
$248,500

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

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

Bankplus

Loan start date

March 2022

Original loan amount

$367,500

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Commercial, 20 year

Seller

Jason E Blom and Madeline S Blom

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: 12/22/2024 at 9:00 AM

Listing updated: 12/12/2024 at 6:19 PM

Listed by: Hannah Luge, Dalton Wade Inc Phone #: (888) 668-8283

MLS: CentralPanhandle #765167

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