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$279,900

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

  • 1 day on market
Welcome to this beautifully upgraded one-bedroom condo in the sought-after Sugar Beach community. This inviting unit features new stainless steel appliances in the kitchen, LVP flooring in the living room, tile everywhere else, and a freshly painted interior, offering a clean and modern living space. Additional recent updates include a 2023 water heater and a 2020 air conditioning system, ensuring your comfort and peace of mind.Inside, the spacious master bedroom offers a peaceful retreat, while natural light floods the living area through large glass sliding doors, creating a warm and welcoming atmosphere. Step out onto the private back porch to enjoy the beautiful surroundings with friends or family. Sugar Beach is more than just a place to live--it's a lifestyle. This gated community offers an array of amenities, including private beach access, a clubhouse, barbecue areas, tennis and pickleball courts, shuffleboard, and fishing spots. It's a pet-friendly haven, perfect for families and just minutes from world-class dining, shopping, and entertainment.This condo is an excellent investment opportunity as well, with the potential to generate substantial rental income. Schedule your private tour today and experience the charm of this exceptional property!

Details

Property type

Condominium

Est. home value

$293,188

Lot size

Unknown

Price per sq ft

$373

Year built

1974

Annual property taxes

$2,602

Monthly HOA fee

$515.33

Price History

10/05/2024
CentralPanhandle

CentralPanhandle #763515

Listed
$279,900
+123.92%
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, Clubhouse, 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

$137,807
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$119,701
Cash to seller
$137,807

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

$119,701

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?

Status: Active

Tomo last checked: 10/07/2024 at 10:30 AM

Listing updated: 10/05/2024 at 9:49 PM

Listed by: Ramil Zartdinov, Local Insight Realty Phone #: (850) 832-9417

MLS: CentralPanhandle #763515

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