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$1,195,000

Beds
3
Baths
3.0
sq ft
2,344

7115 Thomas Dr Unit 1101, Panama City, FL 32408

7115 Thomas Dr Unit 1101

Panama City Beach, FL 32408

  • 283 days on market
    • Price drop $5,000↓
Million Dollar Gulf and Balcony Sunset Views from this renovated 3 bedroom, 3 Full Bath Hidden Dunes Luxury Resort - END - unit condo with over 2300 SF! Fully furnished, Beachfront w/Floor to Ceiling Views, Oversized 53' Wrap Balcony with lots of seating, Master with Gulf Views and Balcony Access, Gulf Front Pool (seasonally heated), Fitness Center, Wading Pool, Grilling/Picnic Area, 2.5 miles from St. Andrews State Park: beaches, boat tours, nature trails, Outdoor storage unit and more!Situated directly on the sugar white sands of PCB - Truly a MUST SEE! Excellent rental revenue Investment of $65k - $82k or luxurious 2nd home on the World's most beautiful beaches on the Gulf Coast!

Details

Property type

Condominium

Est. home value

$1,100,113

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$510

Year built

2001

Annual property taxes

$9,286

Monthly HOA fee

$1,455.33

Price History

04/21/2024
CentralPanhandle

CentralPanhandle #752741

Price change
$1,195,000
-0.42%
02/13/2024
CentralPanhandle

CentralPanhandle #752741

Listed
$1,200,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated

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

Guaranty Bank & Trust Co

Loan start date

July 2022

Original loan amount

$775,000

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

Credit Line (Revolving), 5 year

Seller

Michael S Weaver

Lender

First Franklin Fin

Loan start date

February 2002

Original loan amount

$300,000

Est. remaining balance

$137,157

Interest rate

7.14%

Loan type

Not Provided, 30 year

Seller

Michael S Weaver and Dennis M Weaver

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: 11/22/2024 at 11:15 PM

Listing updated: 09/25/2024 at 11:20 PM

Listed by: Wendy Skorupski, Lifes A Beach Real Estate, LLC Phone #: (850) 249-9111

MLS: CentralPanhandle #752741

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