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$499,000

Beds
2
Baths
2.0
sq ft
1,050

7205 Thomas Dr Unit C605, Panama City, FL 32408

7205 Thomas Dr Unit C605

Panama City Beach, FL 32408

  • 134 days on market
    • Price drop $4,000↓
Price improvement on this gorgeous and renovated Dunes of Panama C605 - Milestone Report AND Repairs are completed, Assessments have been PAID! Turnkey rental ready! Don't miss your opportunity to own this luxurious top floor condo overlooking the palm trees, pools and beach! Comes with 1 Deeded parking garage spot, right next to the entrance for easy loading and unloading.BEAUTIFULLY remodeled and decorated, C605 is a top floor, low density condominium. Gorgeous wood grain tile throughout the main areas, carpeted bedrooms, custom wood ceilings, under the kitchen cabinet lighting, some recessed lighting, granite countertops and elegantly furnished. This condo is rental ready and steps away from the sugary white sand of the Gulf of Mexico. Maximize your investment with excellent rental history or it would make a great second home. Own your own piece of paradise today!The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), tennis courts, basketball, free WI-FI, fitness room, volleyball, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside.

Details

Property type

Condominium

Est. home value

$532,166

Lot size

Unknown

Price per sq ft

$476

Year built

1981

Annual property taxes

$5,263

Monthly HOA fee

$871

Price History

09/15/2024
CentralPanhandle

CentralPanhandle #756815

Price change
$499,000
-0.8%
08/27/2024
CentralPanhandle

CentralPanhandle #756815

Price change
$503,000
-1.18%
08/22/2024
CentralPanhandle

CentralPanhandle #756815

Listed
$509,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fitness Center, Fishing, Park, Tennis Court(s)

Number of units in community: 

42

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

Peoplessouth Bank

Loan start date

September 2022

Original loan amount

$371,250

Est. remaining balance

Not provided

Interest rate

4.99%

Loan type

Commercial, 5 year

Seller

Shannon Hilliard

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: 09/19/2024 at 8:00 PM

Listing updated: 09/15/2024 at 3:09 PM

Listed by: Edgar W Barnette, Bright Realty Solutions Phone #: (850) 400-8638

MLS: CentralPanhandle #756815

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