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$259,000

Beds
1
Baths
1.5
sq ft
680

8730 Thomas Dr Unit 504, Panama City, FL 32408

8730 Thomas Dr Unit 504

Panama City Beach, FL 32408

  • <1 day on market
Perfectly positioned to capture beautiful lagoon views, Villa 504 offers an exceptional blend of coastal and comfort within the prestigious Villas at St. Thomas. This charming ground-level residence provides effortless living with convenient accessibility making it a rare and highly desirable opportunity. Step inside to discover a spacious one-bedroom retreat, thoughtfully designed with an additional cozy bunk space, - the ideal space for family or guests. The fully-equipped kitchen features granite countertops, ample cabinetry, and a breakfast bar, all seamlessly flowing into the open-concept living area. Sliding glass-door windows invite natural light while framing serene lagoon vistas, with direct access to a private, screened-in patio--perfect for relaxing and entertaining. The interior boasts light wood-tone vinyl plank and tile flooring, enhancing the home's modern appeal. The stylish bathroom features an upgraded vanity and tub-shower combination, while a convenient in-unit stackable washer and dryer add to the home's effortless functionality.Residents of this exclusive waterfront community enjoy resort-style amenities, including a sparkling pool, private dock, tennis courts, sauna, and boat storage. Beyond the gates, indulge in the best of seaside living with on-site dining options, a charming winery, and more just steps away. For entertainment, explore Emerald Falls, featuring go-karting, arcade games, and mini-golf, or unwind at nearby Hammerhead Fred's and Longboards for fresh, local flavors. Plus, enjoy effortless access to pristine Gulf beaches with convenient public parking.Don't miss this rare opportunity to own a piece of paradise in one of the Emerald Coast's most sought-after communities. Schedule your private showing today!

Details

Property type

Condominium

Est. home value

$246,400

Lot size

Unknown

Price per sq ft

$381

Year built

1985

Monthly HOA fee

$510.67

Price History

02/07/2025
CentralPanhandle

CentralPanhandle #768429

Listed
$259,000
+13.6%
12/30/2022
CentralPanhandle

CentralPanhandle #731289

Sold
$228,000
+30.21%
07/12/2021
CentralPanhandle

CentralPanhandle #711402

Sold
$175,100

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Clubhouse, Fishing, 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

$83,244
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$155,036
Cash to seller
$83,244

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

Seller’s Loan History

Lender

Geneva Financial Llc

Loan start date

October 2022

Original loan amount

$159,600

Est. remaining balance

$155,036

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Kanda Real Estate 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?

Status: Active

Tomo last checked: 02/07/2025 at 4:00 PM

Listing updated: 02/07/2025 at 9:20 AM

Listed by: Abbie E Davis, Corcoran Reverie Phone #: (850) 231-5030

MLS: CentralPanhandle #768429

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