tomo logo

$530,000

Beds
2
Baths
2.0
sq ft
1,427

6609 Thomas Dr Unit 1303, Panama City, FL 32408

6609 Thomas Dr Unit 1303

Panama City Beach, FL 32408

  • 209 days on market
    • Price drop $69,900↓
Unit 1303, 2BR/2BA located in the center of the building with an exceptional view of of the lagoon and beautiful Gulf of Mexico.Coral Reef has finished the Hurricane Michael repairs plus the replacement of All the windows, glass in sliding glass doors, painting the exterior of the building, garages, railings, doors replacing the roof on the buiiding and garages. plus much more. The unit is on the rental program and does have winter guest. We will do our best to get you in to show.however we are asking for a reasonable notice. Now showings before 10:00.

Details

Property type

Condominium

Est. home value

$609,182

Lot size

Unknown

Price per sq ft

$372

Year built

1999

Annual property taxes

$5,523.7

Monthly HOA fee

$1,058.33

Price History

06/27/2024
CentralPanhandle

CentralPanhandle #750120

Price change
$530,000
-11.65%
12/09/2023
CentralPanhandle

CentralPanhandle #750120

Listed
$599,900

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Sidewalks

Number of units in community: 

82

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

$316,278
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$171,322
Cash to seller
$316,278

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

Seller’s Loan History

Lender

First Horizon Home Loan Corp

Loan start date

April 2004

Original loan amount

$333,600

Est. remaining balance

$171,322

Interest rate

5.41%

Loan type

Not Provided, 30 year

Seller

Willis Wayne Godwin and Donna L Godwin

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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New
CentralPanhandle
$555,900
2 bd
|
2 ba
|
1,427 sq ft
|
Condo

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Price drop
CentralPanhandle
$549,900
2 bd
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2 ba
|
1,289 sq ft
|
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7205 Thomas Dr Unit E303, Panama City, FL 32408

Status: Active

Tomo last checked: 07/05/2024 at 11:50 PM

Listing updated: 06/29/2024 at 4:53 PM

Listed by: Gayle Hardy-Lynch, World Impact Real Estate Phone #: (850) 225-7000

MLS: CentralPanhandle #750120

CentralPanhandle logo

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