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$343,900

Beds
2
Baths
2.5
sq ft
1,330

6404 Thomas Dr Unit 2, Panama City, FL 32408

6404 Thomas Dr Unit 2

Panama City Beach, FL 32408

  • Pending
    • Price drop $1,000↓
If you are looking for an investment or home away from home, this is the perfect fit that allows short term rentals. This 2 story attached single unit is located on the east end of PCB on Thomas Drive in Dune Crest with only 9 units. It is just a short distance to the beach with low HOA that includes cable, trash, water, pool, groundskeeping, and 2 assigned parking spaces right out your front door. This fully furnished home has 2 bedrooms and 2 full baths located on the main floor with access to your private fenced in patio, perfect for sunsets and grilling and also pet friendly. Upstairs you will find your main living area, kitchen, half bath, and 2 balconies with access to the downstairs fenced in patio. Perfectly located near St Andrews state park, great local seafood restaurants, and shopping. This unit is ready for summer!

Details

Property type

Townhouse

Est. home value

$382,116

Lot size

Unknown

Price per sq ft

$259

Year built

1982

Annual property taxes

$1,056

Monthly HOA fee

$300

Price History

09/15/2024
CentralPanhandle

CentralPanhandle #755342

Pending
$343,900
08/16/2024
CentralPanhandle

CentralPanhandle #755342

Price change
$343,900
-0.29%
07/16/2024
CentralPanhandle

CentralPanhandle #755342

Price change
$344,900
-1.46%

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

$73,744
Asking price
$343,900
Closing costs (~8% of asking)
-$27,512
Est. remaining loan balance
-$242,644
Cash to seller
$73,744

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

January 2023

Original loan amount

$247,248

Est. remaining balance

$242,644

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Mitchell Catoe and Jennifer Catoe

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 8:35 PM

Listing updated: 09/15/2024 at 4:19 PM

Listed by: Charles Sowers, Realty One Group Emerald Coast Phone #: (850) 238-8338

MLS: CentralPanhandle #755342

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