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$767,092Estimated home value

Beds
4
Baths
3.0
sq ft
1,731

7506 Thomas Dr, Panama City, FL 32408

7506 Thomas Dr

Panama City Beach, FL 32408

  • Off market
    • Price drop $19,050↓
MOTIVATED SELLER!! Stunning Costal Beach Home, ACROSS the street from the Gorgeous Sugar Sands/Emerald Blue Waters of PCB! This home has a Gulf view from the second-floor master bedroom balcony! This newly professionally decorated, fully furnished 4BR/3BA home would make a great turn-key investment property or keep for yourself & enjoy endless beach vacations. Rental projections for the area $80k-$100k. It has a 4.9 star rating on AirBnB with great guest reviews! Recent upgrades; new roof in 2019, air conditioning unit in 2024, newer carpet, stainless steel appliances, new washer/dryer, & new furnishings through-out. The 2 bedrooms on the first floor each have French doors that open to the patio & the pool that you only share w/ 4 other homes. Upstairs you'll find a third bedroom with separate bath, & the master suite with en-suite w/ a double vanity, walk-in closet, garden tub, & a separate shower.

Details

Property type

Single Family Residence

Est. home value

$767,092

Lot size

1,742 sq ft

Price per sq ft

$434

Year built

2002

Monthly HOA fee

$266.67

Price History

09/16/2024
CentralPanhandle

CentralPanhandle #758435

Removed
$749,950
07/04/2024
CentralPanhandle

CentralPanhandle #758435

Price change
$749,950
-2.48%
06/22/2024
CentralPanhandle

CentralPanhandle #758435

Price change
$769,000
-1.28%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool

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

$90,720
Asking price
$749,950
Closing costs (~8% of asking)
-$59,996
Est. remaining loan balance
-$599,234
Cash to seller
$90,720

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

June 2022

Original loan amount

$620,075

Est. remaining balance

$599,234

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Giuseppe Battaglia and Jill P Battaglia

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 9:50 PM

Listing updated: 08/29/2024 at 9:49 PM

Listed by: Steven Koleno, Beycome of Florida LLC Phone #: (804) 656-5007

MLS: CentralPanhandle #758435

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