tomo logo

$285,900

Beds
1
Baths
1.0
sq ft
752

8727 Thomas Dr Unit E, Panama City, FL 32408

8727 Thomas Dr Unit E

Panama City Beach, FL 32408

  • 17 days on market
Tucked in the peaceful charm of Sugar Beach Condo, this 1-bedroom end unit gem offers more than just a place to stay - it's a lifestyle. Experience the tranquil vibe of this low-rise community, where friendly faces and lush surroundings make every day feel like a vacation.Step onto your private patio and watch the mesmerizing Coy fish and turtles glide through the beautiful water feature. With private beach access just steps away, you can enjoy the sand between your toes at any time. Whether you're unwinding or playing a game of tennis or pickleball, there's no shortage of activities here, including fishing spots in the Gulf and BBQ areas to make the most of your downtime.For peace of mind, the property is fully secured with 24/7 watch. It's also a pet-friendly community, so your furry friends are welcome to join in the fun. And when you're ready to explore, you'll find plenty of dining and shopping options just around the corner.Inside, you'll find a cozy and updated living space, featuring a well-equipped kitchen, a 2023 water heater, and a washer/dryer combo (also purchased in 2023). New sofa sleeper (2023) ensures comfort for guests, while the microwave takes the place of the range hood.This condo offers the perfect blend of beachside living with modern amenities. It's truly a slice of paradise waiting for you!

Details

Property type

Condominium

Est. home value

$293,188

Lot size

Unknown

Price per sq ft

$381

Year built

1974

Annual property taxes

$2,984

Monthly HOA fee

$515.36

Price History

12/05/2024
CentralPanhandle

CentralPanhandle #765823

Listed
$285,900
+128.72%
11/15/2014
CentralPanhandle

CentralPanhandle #616022

Sold
$125,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Sidewalks, 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

$144,736
Asking price
$285,900
Closing costs (~8% of asking)
-$22,872
Est. remaining loan balance
-$118,292
Cash to seller
$144,736

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

December 2020

Original loan amount

$150,000

Est. remaining balance

$118,292

Interest rate

2.34%

Loan type

New Conventional, 16 year

Seller

Richard Sargent and Traci Sargent

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?

Similar Homes Nearby

CentralPanhandle
$299,000
1 bd
|
1 ba
|
618 sq ft
|
Condo

9850 S Thomas Dr Unit 512E, Panama City, FL 32408

Price drop
CentralPanhandle
$280,000
1 bd
|
1 ba
|
618 sq ft
|
Condo

9850 S Thomas Dr Unit 1012E, Panama City, FL 32408

Price drop
CentralPanhandle
$314,000
1 bd
|
1 ba
|
618 sq ft
|
Condo

9850 S Thomas Dr Unit 1101W, Panama City, FL 32408

Status: Active

Tomo last checked: 12/22/2024 at 4:15 AM

Listing updated: 12/06/2024 at 10:50 AM

Listed by: Teri A Vega, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #765823

CentralPanhandle logo