tomo logo

$377,790Estimated home value

Beds
1
Baths
1.5
sq ft
740

8743 Thomas Dr Unit 409, Panama City, FL 32408

8743 Thomas Dr Unit 409

Panama City, FL 32408

  • Off market
    • Price drop $10,800↓
Beautifully remodeled and rare, this Summit condo is the height of luxury! Very few, if any, units in this building look like this unit as every inch has been given specific attention with upgrades galore! You will enjoy the gorgeous opened up living and kitchen area to maximize available space. Stainless appliances, upgraded counter tops and backsplash, and ceramic tile flooring throughout are just some of the beautiful touches in this unit. Step out on to the balcony overlooking the pool and the World's Most Beautiful Beaches or head on down to the poolside Tiki Bar for a cold drink and a walk on the sand! Resort amenities include private beach access, two Olympic sized swimming pools, and indoor heated pool, hot tubs, kiddie pool, fitness center, basketball court, tennis court, Tiki bar, easy parking back chair rentals available and much more... this is a very successful vacation rental! Schedule your showing of this beautiful unit today!

Details

Property type

Condominium

Est. home value

$377,790

Lot size

Unknown

Price per sq ft

$471

Year built

1984

Annual property taxes

$3,712

Monthly HOA fee

$724.33

Price History

09/18/2024
CentralPanhandle

CentralPanhandle #758352

Removed
$347,900
08/10/2024
CentralPanhandle

CentralPanhandle #758352

Price change
$347,900
-3.01%
07/27/2024
CentralPanhandle

CentralPanhandle #758352

Price change
$358,700
-2.79%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

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

$53,275
Asking price
$347,900
Closing costs (~8% of asking)
-$27,832
Est. remaining loan balance
-$266,793
Cash to seller
$53,275

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

March 2022

Original loan amount

$280,000

Est. remaining balance

$266,793

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Christopher Calhoun and Allyson Lynn Calhoun

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$365,000
1 bd
|
1.5 ba
|
740 sq ft
|
Condo

8743 Thomas Dr Unit 1212, Panama City, FL 32408

CentralPanhandle
$379,000
1 bd
|
1.5 ba
|
740 sq ft
|
Condo

8743 Thomas Dr Unit 1024, Panama City, FL 32408

CentralPanhandle
$354,000
1 bd
|
2 ba
|
936 sq ft
|
Condo

9900 S Thomas Dr Unit 1327, Panama City, FL 32408

Status: Off Market

Tomo last checked: 09/19/2024 at 1:05 PM

Listing updated: 08/26/2024 at 3:19 PM

Listed by: Christopher C Jennings, Bay to 30A Realty Phone #: (850) 532-9449

MLS: CentralPanhandle #758352

CentralPanhandle logo

Recently listed in Panama City