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$345,000

Beds
2
Baths
2.0
sq ft
1,075

6505 Thomas Dr Unit 603, Panama City, FL 32408

6505 Thomas Dr Unit 603

Panama City, FL 32408

  • 160 days on market
    • Price drop $10,000↓
LOWEST PRICED 2 Bedroom on the beach. Summerhouse 603 is located in the Grand Lagoon area of Panama City Beach. The complex consists of 3 buildings with abundant parking. The grounds are well maintained and creates a tropical oasis around the two pools with large beach front gazebo. This unit is located on the sixth floor in the middle building providing an outstanding direct view. It's high enough to not have the view blocked by any palm trees or have pool noise. Inside you will find it has been nicely updated with no carpet. Short term rentals are allowed and there is an onsite rental office as an option for management. LARGE hot water heater and FULL size washer/dryer are brand new as is the fridge.

Details

Property type

Condominium

Est. home value

$485,694

Lot size

Unknown

Price per sq ft

$321

Year built

1984

Annual property taxes

$4,687

Monthly HOA fee

$1,441

Price History

08/22/2024
CentralPanhandle

CentralPanhandle #758652

Price change
$345,000
-2.82%
07/26/2024
CentralPanhandle

CentralPanhandle #758652

Price change
$355,000
-8.74%
06/15/2024
CentralPanhandle

CentralPanhandle #758652

Listed
$389,000
+25.48%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fishing, Gated

Number of units in community: 

162

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

River Bank & Trust

Loan start date

August 2021

Original loan amount

$310,000

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Building or Construction Loan

Seller

Six Of Hearts Llc

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: 11/22/2024 at 11:25 PM

Listing updated: 09/26/2024 at 11:10 PM

Listed by: The Emerald Coastal Team, Counts Real Estate Group Inc Phone #: (850) 249-3615

MLS: CentralPanhandle #758652

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