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$610,000

Beds
2
Baths
2.0
sq ft
1,050

7205 Thomas Dr Unit D503, Panama City, FL 32408

7205 Thomas Dr Unit D503

Panama City Beach, FL 32408

  • 39 days on market
'Amazing Gulf Front View'' 2BR/2BA fully furnished rental ready condominium. Tile flooring throughout. Updated/enlarged Kitchen w/breakfast bar. Wonderful Gulf Front views from kitchen, dining room, living room and master bedroom. Large balcony overlooking the most beautiful beaches and 1 of 3 pools. Great for Relaxation. Condo has updated Cabinets, Counters, flooring, sliding doors, windows and AC just to mention a few. This is a wonderful rental investment or great second home. Dunes of Panama has 3 pools, clubhouse, tennis, shuffleboard, fitness room, Snack shop and a place to grill. All dimensions are approx.

Details

Property type

Condominium

Est. home value

$627,446

Lot size

Unknown

Price per sq ft

$581

Year built

1983

Monthly HOA fee

$696

Price History

11/13/2024
CentralPanhandle

CentralPanhandle #765009

Listed
$610,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

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

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

$436,277
Asking price
$610,000
Closing costs (~8% of asking)
-$48,800
Est. remaining loan balance
-$124,923
Cash to seller
$436,277

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 Franklin Mortgage Corp

Loan start date

November 2003

Original loan amount

$251,750

Est. remaining balance

$124,923

Interest rate

6.01%

Loan type

Not Provided, 30 year

Seller

Amanda Hudgins

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: 12/23/2024 at 4:35 AM

Listing updated: 11/13/2024 at 9:50 AM

Listed by: Cindy Armstrong Karr, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #765009

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