tomo logo

$350,000

Beds
1
Baths
1.5
sq ft
740

8743 Thomas Dr Unit 1122, Panama City, FL 32408

8743 Thomas Dr Unit 1122

Panama City, FL 32408

  • 124 days on market
    • Price drop $9,000↓
Experience breathtaking views of the emerald waters and pristine white sands of Panama City Beach, Florida, from this 11th-floor unit at The Summit. This 1-bedroom, 2-bathroom condo, complete with bunks, offers a luxurious coastal retreat.This unit stands out with its complete renovation, featuring elegant tile flooring throughout and stunning white vinyl ceilings. The kitchen includes shaker-style cabinets, stainless steel appliances, an all-in-one washer and dryer, a deep sink with an industrial faucet, and epoxy countertops. The bathrooms are equally impressive, with wall-mounted toilets, new vanities, walk-in rain showers adorned with marble-like tiles, and glass doors. The HVAC system was replaced in 2012, and a new water heater was installed in 2023.The Summit is a gated community offering an array of amenities, including two beachfront pools (one heated seasonally), two poolside hot tubs, an indoor sauna, two kids' pools, an exercise room, a game room, shuffleboard, and lighted pickleball courts. On-site conveniences include an ice cream shop, gift shop, convenience store, and the popular poolside Bikini Bob Grill & Bar.This turnkey unit has been professionally managed by Funquest and is a must-see. All information is deemed reliable but not guaranteed; buyers are advised to verify if important.

Details

Property type

Condominium

Est. home value

$372,111

Lot size

Unknown

Price per sq ft

$473

Year built

1984

Annual property taxes

$3,274

Monthly HOA fee

$724.33

Price History

10/30/2024
CentralPanhandle

CentralPanhandle #759509

Price change
$350,000
-2.51%
09/14/2024
CentralPanhandle

CentralPanhandle #759509

Price change
$359,000
-2.71%
08/23/2024
CentralPanhandle

CentralPanhandle #759509

Listed
$369,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Fitness Center, Gated

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

Robert E Cabe Jr Etal

Loan start date

October 2020

Original loan amount

$139,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Seller take-back, 30 year

Seller

Hydro Sol 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?

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Status: Active

Tomo last checked: 11/04/2024 at 11:05 PM

Listing updated: 10/30/2024 at 4:59 PM

Listed by: Sean P Casilli, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #759509

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