tomo logo

$699,900

Beds
2
Baths
2.0
sq ft
1,447

6627 Thomas Dr Unit 704, Panama City, FL 32408

6627 Thomas Dr Unit 704

Panama City Beach, FL 32408

  • <1 day on market
Step inside this beautiful 2 bedroom, 2 bathroom condo at the prestigious Sterling Beach on Thomas Drive. Sterling Beach is renowned for the incredible property with excellent amenities, sprawling balconies providing expansive gulf front views, and parking that is not across the street! This gorgeous condo is a step above! Upgraded tile floors throughout for ease of keeping the space clean! Massive kitchen island to cook while looking over the teal waters of the gulf. Updated grey cabinetry with stainless steel appliances. Solid surface countertops. Spacious open living and dining floor plan with extra tall ceilings making it feel even larger than it actually is. Private primary suite offers open view of the water, high ceilings, walk-in closet, and all the space you need in a bathroom! Double vanities, separate shower and jacuzzi tub. Secondary bedroom connected to secondary bathroom providing your guests with privacy and convenience. Laundry room in hall for full-size appliances. Immaculately designed with fresh and modern furniture throughout. This condo has it ALL. You will not be disappointed with Sterling Beach. This is coming from an agent that also owned a unit in the building. Sterling is a notch above the rest, clean, and well-maintained. Unit has been a part-time rental and owner-used.

Details

Property type

Condominium

Est. home value

$811,787

Lot size

Unknown

Price per sq ft

$484

Year built

2003

Annual property taxes

$7,033

Monthly HOA fee

$1,123.13

Price History

02/24/2025
CentralPanhandle

CentralPanhandle #769372

Listed
$699,900
+84.18%
11/25/2014
CentralPanhandle

CentralPanhandle #622501

Sold
$380,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Park

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

$379,413
Asking price
$699,900
Closing costs (~8% of asking)
-$55,992
Est. remaining loan balance
-$264,495
Cash to seller
$379,413

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

April 2021

Original loan amount

$310,450

Est. remaining balance

$264,495

Interest rate

3.02%

Loan type

New Conventional, 20 year

Seller

Robert Scott White and Paige Sanders White

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?

Status: Active

Tomo last checked: 02/26/2025 at 10:00 PM

Listing updated: 02/26/2025 at 7:19 PM

Listed by: Lindsey S Pilgrim, Beach House Sales and Development Phone #: (850) 919-3500

MLS: CentralPanhandle #769372

CentralPanhandle logo

Recently listed in Panama City Beach