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$354,784Estimated home value

Beds
1
Baths
1.0
sq ft
740

8743 Thomas Dr Unit 104, Panama City, FL 32408

8743 Thomas Dr Unit 104

Panama City Beach, FL 32408

  • Sold On 10/17/2022
    • Price drop $10,000↓
RARE! This ground floor 1 bedroom 1 bath condo with a bunk has everything you need for a perfect beach getaway or a successful vacation rental. The Summit has more amenities than many condo complexes on the beach to include: Gated 24-Hour Security, Two Oversized Pools, 2 Designated Children's Pools, 2 Whirlpools, Large Pool Area with Grassy Sitting Area, His & Her Sauna Steam Rooms, Lighted Tennis Courts, Shuffle Board Court, Poolside Tiki-Bar, Arcade Game Room, Owners Lounge, Beachside Gated Playground, Summit Market Convenience Store, Charcoal BBQ Grills, Beach Volleyball, Onsite Laundry Facility, and Beach Services is available for all your favorite Water Sports and Beach Chair Rentals. With rental history over 45k... This cash cow wont last long!

Details

Property type

Condominium

Est. home value

$354,784

Lot size

Unknown

Price per sq ft

$499

Year built

1984

Annual property taxes

$2,179

Monthly HOA fee

$596

Price History

09/08/2024
CentralPanhandle

CentralPanhandle #760011

Removed
$349,000
09/01/2024
CentralPanhandle

CentralPanhandle #760011

Price change
$349,000
-2.79%
08/16/2024
CentralPanhandle

CentralPanhandle #760011

Price change
$359,000
-2.71%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Gated, Park, Tennis Court(s)

Number of units in community: 

449

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

The First A National Banking Assn

Loan start date

October 2022

Original loan amount

$284,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Not Provided

Seller

Meyer Rentals Inc

Lender

The First A National Banking Assn

Loan start date

October 2022

Original loan amount

$284,000

Est. remaining balance

Not provided

Interest rate

5.55%

Loan type

Not Provided

Seller

Meyer Rentals Inc

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: Off Market

Tomo last checked: 11/08/2024 at 7:20 AM

Listing updated: 09/23/2024 at 11:20 PM

Listed by: Clint Furney, Coldwell Banker Carroll Realty Phone #: (850) 249-8200

MLS: CentralPanhandle #727150

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