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$297,000

Beds
2
Baths
2.0
sq ft
846

8730 Thomas Dr Unit 314, Panama City, FL 32408

8730 Thomas Dr Unit 314

Panama City Beach, FL 32408

  • 102 days on market
    • Price drop $2,500↓
Low rise condo/townhouse priced to sell. Building has passed the state-required Phase I inspection and has its SIRS completed--no major surprises! This beautiful 2/2 end unit comes fully furnished for you and/or your guests to enjoy. Located on the Upper Grand Lagoon and across Thomas Drive from the gulf. Enjoy watching dolphins swim by the backyard from your private balcony. Walk to your favorite restaurants (Tootsies coming soon!) Bring your boat and enjoy easy access to the Gulf of Mexico. Beautiful pool, pickleball and tennis courts, sauna, fishing dock and other amenities. On-site maintenance team and active MOA/HOA Boards. Call for your showing!WATCH the Dolphins swim by your back yard from the second floor Balcony. This unit is located on the end of the building and Located on the UPPER GRAND LAGOON. Included is a Boat Dock, Community Pool, Fire Pit, Tennis Courts, and sauna. Gulf/beach being right across Thomas Drive/ is (Best of both worlds) .Just a short walk to the Beach and surrounded by fantastic dining and shopping options. This Villa comes partially furnished.

Details

Property type

Condominium

Est. home value

$299,839

Lot size

Unknown

Price per sq ft

$352

Year built

1984

Annual property taxes

$2,388

Monthly HOA fee

$675.33

Price History

09/27/2024
CentralPanhandle

CentralPanhandle #759102

Price change
$297,000
-0.83%
06/24/2024
CentralPanhandle

CentralPanhandle #759102

Listed
$299,500
+82.62%
02/21/2017
CentralPanhandle

CentralPanhandle #653007

Sold
$164,000
+10.81%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated

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

$177,910
Asking price
$297,000
Closing costs (~8% of asking)
-$23,760
Est. remaining loan balance
-$95,330
Cash to seller
$177,910

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

June 2016

Original loan amount

$116,000

Est. remaining balance

$95,330

Interest rate

3.59%

Loan type

New Conventional, 30 year

Seller

Clinton P Williams

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: 10/04/2024 at 9:55 PM

Listing updated: 09/27/2024 at 6:09 PM

Listed by: Donald N Walker, Xcellence Realty Phone #: (305) 595-7355

MLS: CentralPanhandle #759102

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