tomo logo

$269,900

Beds
1
Baths
1.5
sq ft
680

8730 Thomas Dr Unit 305, Panama City, FL 32408

8730 Thomas Dr Unit 305

Panama City Beach, FL 32408

  • 107 days on market
One Bedroom Condo only a Block from the Sandy Beaches is for Sale in Panama City Beach, FL. Do you own a Boat? Want to own a Beach Vacation home or Investment rental property?? This condo gets you a place in one of the most sought after beaches in Florida! The Nautical Themed Condo was totally remodeled in 2024. The added Murphy bed, maximizes the space providing extra sleeping arrangements, while folding up into the wall when not in use, which frees up valuable room during the day. The small touches in this unit, makes it so unique, giving you and your guests a fantastic Beach and Boating experience!! Open parking in the secured complex. The Amenities include a boat dock on Grand Lagoon that leads out to the Bay and then to the Gulf of Mexico, Shell Island. This complex has an in-ground pool on the Lagoon, a sauna, clubhouse, a fire pit, and tennis courts! St Thomas Square has shopping and restaurants and are a short walking distance to public beach access #24. Boat and trailer parking can be reserved for owners and you can dock your boat while staying in the condo. Located on the 1st floor allows you to park and walk right in your unit! St. Thomas Square with its Retail space, adds a layer of convenience, allowing residents to enjoy dining options without having to venture far from home. The integration of retail space within the complex of the residential units, contributes to a dynamic and vibrant living environment. This condo offers a blend of security, leisure, and convenience, making it an appealing choice for those seeking comfortable experience while living or vacationing in Panama City Beach, FL. Sit outside on your covered patio and enjoy the views of the Grand Lagoon water. A perfect Vacation, Investment, 2nd home or Primary home!

Details

Property type

Condominium

Est. home value

$258,521

Lot size

Unknown

Price per sq ft

$397

Year built

1984

Annual property taxes

$2,240

Monthly HOA fee

$470

Price History

12/10/2024
CentralPanhandle

CentralPanhandle #766072

Listed
$269,900
+12.46%
02/02/2024
CentralPanhandle

CentralPanhandle #750944

Sold
$240,000
-2%
01/15/2024
CentralPanhandle

CentralPanhandle #750944

Pending
$244,900
+62.19%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Playground, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Family Bank

Loan start date

February 2024

Original loan amount

$208,706

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Credit Line (Revolving), 5 year

Seller

Jhd Rental Properties Llc

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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Status: Active

Tomo last checked: 03/29/2025 at 11:10 AM

Listing updated: 02/19/2025 at 12:30 PM

Listed by: Susan West, Berkshire Hathaway HomeServices Beach Properties of Florida Phone #: (850) 252-4160

MLS: CentralPanhandle #766072

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