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$584,546Estimated home value

Beds
2
Baths
2.0
sq ft
1,289

7205 Thomas Dr Unit E303, Panama City, FL 32408

7205 Thomas Dr Unit E303

Panama City Beach, FL 32408

  • Off market
    • Price drop $100↓
Motivated seller! REMODELED and UPDATED with ONE OF THE BEST FLOORPLANS ON THE BEACH! Gorgeous and highly sought after Deluxe lower level condo at the Dunes of Panama!! Remodeled in 2023 with wood grain tile throughout and textured ceilings, including the ALL new kitchen appliances, ALL new furniture and SMART TV's in every room. Recently updated with all new hurricane rated rear sliders and front window! Note: the patio set, coffee table and two end tables do not convey. Featuring two ensuites with each having their own private lockout rooms and bathrooms, including lots of storage with two large owners' closets. The HOA fees also include exterior building insurance, along with all property amenities. 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

$584,546

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$426

Year built

1985

Annual property taxes

$4,843.15

Monthly HOA fee

$770

Price History

08/19/2024
CentralPanhandle

CentralPanhandle #753382

Removed
$548,900
07/31/2024
CentralPanhandle

CentralPanhandle #753382

Price change
$548,900
-0.02%
07/09/2024
CentralPanhandle

CentralPanhandle #753382

Price change
$549,000
-0.16%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

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

Number of units in community: 

114

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

$315,312
Asking price
$548,900
Closing costs (~8% of asking)
-$43,912
Est. remaining loan balance
-$189,676
Cash to seller
$315,312

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

Seller’s Loan History

Lender

Roland Costine Etux

Loan start date

November 2019

Original loan amount

$250,000

Est. remaining balance

$189,676

Interest rate

5.25%

Loan type

Not Provided, 15 year

Seller

Edward J Donahoe Iii

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: Off Market

Tomo last checked: 10/04/2024 at 9:05 PM

Listing updated: 07/31/2024 at 6:33 PM

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

MLS: CentralPanhandle #753382

CentralPanhandle logo

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