tomo logo

$329,000

Beds
1
Baths
1.5
sq ft
740

8743 Thomas Dr Unit 412, Panama City, FL 32408

8743 Thomas Dr Unit 412

Panama City Beach, FL 32408

  • 25 days on market
Imagine owning a beachfront paradise with breathtaking, direct views of the silky white sands and emerald-blue waters of the Gulf of Mexico! This stunning 4th-floor condo at The Summit offers everything you've been dreaming of and more. Perfectly positioned for maximum beach views and recently updated with new windows and doors, this unit is truly a standout in the complex.Beautifully decorated and featuring convenient hallway bunks for extra guests, this condo combines style and function, making it ideal for both personal use and as a highly profitable short-term rental. Located in a secure, gated community, you'll enjoy resort-style amenities including two beachfront pools (one heated for year-round relaxation), hot tubs, kiddie pools, a gym, game room, and pickleball courts.On-site conveniences like an ice cream shop, gift shop, and the popular Bikini Bob's Grill & Bar mean everything you need is right at your fingertips--no need to leave! Whether you're looking for a full-time beachfront escape, a vacation retreat, or an income-generating short-term rental, this condo checks every box.Fully furnished and ready to generate rental income from day one, this is an opportunity you don't want to miss. Contact your favorite realtor to schedule a showing today!

Details

Property type

Condominium

Est. home value

$347,735

Lot size

Unknown

Price per sq ft

$445

Year built

1984

Annual property taxes

$3,195

Monthly HOA fee

$724.33

Price History

10/28/2024
CentralPanhandle

CentralPanhandle #764312

Listed
$329,000
-17.54%
05/17/2024
CentralPanhandle

CentralPanhandle #749393

Removed
$399,000
11/17/2023
CentralPanhandle

CentralPanhandle #749393

Listed
$399,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

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

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

Regions Bank

Loan start date

December 2022

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

5.81%

Loan type

Credit Line (Revolving), 30 year

Seller

Jamie T Snell and Jamie Snell

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
$350,000
1 bd
|
1.5 ba
|
740 sq ft
|
Condo

8743 Thomas Dr Unit 1122, Panama City, FL 32408

Price drop
CentralPanhandle
$335,000
1 bd
|
1.5 ba
|
740 sq ft
|
Condo

8743 Thomas Dr Unit 322, Panama City, FL 32408

Price drop
CentralPanhandle
$369,000
1 bd
|
1.5 ba
|
740 sq ft
|
Condo

8743 Thomas Dr Unit 731, Panama City, FL 32408

Status: Active

Tomo last checked: 11/22/2024 at 7:25 PM

Listing updated: 10/28/2024 at 11:50 AM

Listed by: Rachel N Warrell, eXp Realty, LLC Phone #: (850) 896-5899

MLS: CentralPanhandle #764312

CentralPanhandle logo