tomo logo

$299,900

Beds
2
Baths
2.0
sq ft
846

8730 Thomas Dr Unit 408, Panama City, FL 32408

8730 Thomas Dr Unit 408

Panama City Beach, FL 32408

  • 1 day on market
Discover this charming waterfront villa, perfect for relaxation and adventure. A 2-bedroom+ bonus room, 2-bath unit featuring luxury vinyl plank flooring and an updated kitchen with granite countertops. The master loft includes a full bath and extra storage. Enjoy stunning Grand Lagoon views from the living room, kitchen, primary bedroom, and covered patio. Vaulted ceilings enhance the open feel. Just a block from public beach access, this villa is ideal for resort living, short or long-term rentals. The community offers a pool, tennis courts, and a dock with easy Bay and Gulf access. Conveniently located near the beach, entertainment, dining, shopping, and the navy base, this property provides both comfort and investment potential. Don't miss an opportunity to own a slice of paradise!

Details

Property type

Condominium

Est. home value

$286,935

Lot size

Unknown

Price per sq ft

$355

Year built

1984

Monthly HOA fee

$674.67

Price History

03/18/2025
EmeraldCoast

EmeraldCoast #971488

Listed
$299,900
-2.94%
01/01/2025
CentralPanhandle

CentralPanhandle #757604

Removed
$309,000
10/04/2024
CentralPanhandle

CentralPanhandle #757604

Price change
$309,000
-3.13%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Gated, Pool, 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

$132,916
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$142,992
Cash to seller
$132,916

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

February 2021

Original loan amount

$157,500

Est. remaining balance

$142,992

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

James Douglas Matthews and Amy Matthews

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: 03/19/2025 at 9:10 PM

Listing updated: 03/19/2025 at 9:14 AM

Listed by: Jennifer Bond, Jennifer Bond, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #971488

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