tomo logo

$1,000,000

Beds
3
Baths
2.0
sq ft
1,636

6627 Thomas Dr Unit 1402, Panama City, FL 32408

6627 Thomas Dr Unit 1402

Panama City Beach, FL 32408

  • 384 days on market
Welcome to your dream getaway at Sterling Beach, where your coastal paradise awaits! Nestled along the stunning Emerald Coast, Sterling Beach stands out as one of the most meticulously maintained buildings in the area.Set on the serene Thomas Drive, you'll revel in the tranquility away from the bustling traffic, yet you're just a stone's throw away from fantastic local restaurants. Discover the true meaning of convenience in every aspect of your coastal life.Unit 1402 at Sterling Beach is an absolute gem. This immaculate condo has been cared for with unwavering attention to detail, and its layout is second to none. Your master bedroom and living room both offer breathtaking views of the Gulf of Mexico, creating a soothing and picturesque atmosphere. The open-concept kitchen is designed for seamless entertaining, making it the heart of your coastal gatherings.Whether you're seeking a personal oasis or a savvy investment opportunity, this pristine condo not only fulfills your every desire but also promises excellent rental income potential. Don't miss out on the chance to call this unit your own!

Details

Property type

Condominium

Est. home value

$964,867

Lot size

Unknown

Price per sq ft

$612

Year built

2003

Annual property taxes

$6,822

Monthly HOA fee

$906

Price History

04/03/2024
CentralPanhandle

CentralPanhandle #748678

Listed
$1,000,000
04/02/2024
CentralPanhandle

CentralPanhandle #748678

Removed
$1,000,000
11/01/2023
CentralPanhandle

CentralPanhandle #748678

Listed
$1,000,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Sidewalks

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

Studio Bank

Loan start date

July 2023

Original loan amount

$1,725,000

Est. remaining balance

Not provided

Interest rate

6.57%

Loan type

Commercial, 1 year

Seller

William Michael Parchman and Gentsy G Parchman

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$879,500
3 bd
|
2 ba
|
1,425 sq ft
|
Condo

5115 Gulf Dr Unit 2009, Panama City, FL 32408

Price drop
CentralPanhandle
$889,000
3 bd
|
2 ba
|
1,975 sq ft
|
Condo

7205 Thomas Dr Unit E601, Panama City, FL 32408

Price drop
CentralPanhandle
$1,049,900
3 bd
|
2 ba
|
1,864 sq ft
|
House

7930 S Lagoon Dr, Panama City, FL 32408

Status: Active

Tomo last checked: 11/19/2024 at 6:20 PM

Listing updated: 09/25/2024 at 11:19 PM

Listed by: Bryce A Miller, Miller & Associates Realty Phone #: (850) 249-6655

MLS: CentralPanhandle #748678

CentralPanhandle logo