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$309,000

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

  • 214 days on market
    • Price drop $10,000↓
NEW PRICE! ---Discover this charming waterfront villa, ideally located for both relaxation and adventure. This 2-bedroom + bonus room with bed, 2-bathroom unit features a beautiful luxury vinyl plank flooring and updated kitchen with granite countertops. The master bedroom loft area includes a full master bath and an additional storage area. Enjoy fantastic views from the living room, kitchen, master bedroom, and covered patio. The vaulted ceilings create an airy and open feel, adding to the home's charm. The exterior of this villa is equally impressive, offering gorgeous views of the Grand Lagoon. This property is perfect for resort living, short-term rentals, or long-term rental, providing excellent investment potential. Located less than a block from the beach with easy public access, this villa is ideal for beach lovers. The community offers a range of amenities, including a pool, tennis courts, and a dock. Boating enthusiasts will appreciate the quick and easy access to the bay and the Gulf of Mexico. This condo boasts a beautiful view of the Grand Lagoon and is situated in a community less than a block from the beach with public beach access. Enjoy the community pool, tennis courts, and dock. The property is conveniently close to entertainment, restaurants, shopping, and the navy base, ensuring you are never far from what you need. All information and measurements should be verified if important. Don't miss out on this incredible opportunity to own a piece of paradise.

Details

Property type

Condominium

Est. home value

$286,935

Lot size

Unknown

Price per sq ft

$366

Year built

1984

Annual property taxes

$2,292.62

Monthly HOA fee

$674.67

Price History

10/04/2024
CentralPanhandle

CentralPanhandle #757604

Price change
$309,000
-3.13%
05/23/2024
CentralPanhandle

CentralPanhandle #757604

Listed
$319,000
+67.89%
10/30/2020
CentralPanhandle

CentralPanhandle #701782

Sold
$190,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

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

$140,653
Asking price
$309,000
Closing costs (~8% of asking)
-$24,720
Est. remaining loan balance
-$143,627
Cash to seller
$140,653

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

$143,627

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?

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Status: Active

Tomo last checked: 12/25/2024 at 1:00 AM

Listing updated: 12/02/2024 at 11:20 AM

Listed by: Heather H Neubauer, ERA Neubauer Real Estate Inc Phone #: (850) 785-1551

MLS: CentralPanhandle #757604

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