tomo logo

$585,000

Beds
2
Baths
2.0
sq ft
1,289

7205 Thomas Dr Unit E704, Panama City, FL 32408

7205 Thomas Dr Unit E704

Panama City Beach, FL 32408

  • 117 days on market
The ultimate gulf view! This prime 7th floor cozy unit has all the comforts you are looking for in a home or rental. The living area, kitchen and master bedroom have views of the emerald coast. Features include oversized master, ample closet space, stainless appliances, solid surface countertops, new windows and balcony doors. The gated community of the Dunes of Panama offers tennis courts, shuffleboard, 3 gulf front pools (1 heated), fitness room, free wi-fi, onsite restaurant/gift shop (Stingray's) and poolside bar (Sneaky Tiki) all along 1500 feet of gulf. You never have to leave paradise! I could go on and on, but you have to see for yourself! Call today for a showing appointment.

Details

Property type

Condominium

Est. home value

$520,125

Lot size

Unknown

Price per sq ft

$454

Year built

1985

Monthly HOA fee

$770

Price History

07/15/2024
CentralPanhandle

CentralPanhandle #759909

Listed
$585,000
-6.4%
04/25/2024
CentralPanhandle

CentralPanhandle #750996

Removed
$625,000
01/05/2024
CentralPanhandle

CentralPanhandle #750996

Listed
$625,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, 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

$419,953
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$118,247
Cash to seller
$419,953

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

Seller’s Loan History

Lender

Washington Mutual Bank Fa

Loan start date

April 2007

Original loan amount

$185,152

Est. remaining balance

$118,247

Interest rate

6.3%

Loan type

Not Provided, 30 year

Seller

Jonathan A Brown Sr and Lynn I Brown

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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6201 Thomas Dr Unit 405, Panama City, FL 32408

Status: Active

Tomo last checked: 11/08/2024 at 9:15 PM

Listing updated: 09/26/2024 at 11:11 PM

Listed by: Delaine Bourne, Own It Real Estate LLC Phone #: (850) 867-0506

MLS: CentralPanhandle #759909

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