tomo logo

$339,500

Beds
1
Baths
2.0
sq ft
740

8743 Thomas Dr Unit 809, Panama City, FL 32408

8743 Thomas Dr Unit 809

Panama City Beach, FL 32408

  • 185 days on market
    • Price drop $6,000↓
HUGE PRICE IMPROVEMENT ON THIS BEAUTIFUL VACATION RENTAL OPPORTUNITY!!! You don't want to miss out on this adorable Beachfront Condo in PCB. THIS UNIT HAS BEEN UPDATED AND HAS HUGE RENTAL POTENTIAL!! Direct gulf views, large patio for relaxing and enjoying the gorgeous views of the sugary white beaches, and proven rental results. This well maintained unit has all the charm and essentials to make it your new favorite getaway. With one full bedroom, bunks in the hall and a sleeper sofa, there will be space for everyone! Tastefully decorated with all the amenities you could want, you will want to move fast to secure this great property. Amenities include private beach access, two Olympic sized swimming pools, and indoor heated pool option, hot tubs, a kiddie pool, fitness center, basketball court, tennis court, Tiki bar, easy parking, beach chair rentals available and much more!!!

Details

Property type

Condominium

Est. home value

$364,022

Lot size

Unknown

Price per sq ft

$459

Year built

1984

Annual property taxes

$2,935

Monthly HOA fee

$640

Price History

08/28/2024
CentralPanhandle

CentralPanhandle #754395

Price change
$339,500
-1.74%
07/26/2024
CentralPanhandle

CentralPanhandle #754395

Price change
$345,500
-0.58%
06/25/2024
CentralPanhandle

CentralPanhandle #754395

Price change
$347,500
-0.69%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Fitness Center, 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

Origin Bank

Loan start date

August 2023

Original loan amount

$384,393

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Commercial, 5 year

Seller

Mgr Rentals 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: 09/19/2024 at 10:55 PM

Listing updated: 08/28/2024 at 1:00 PM

Listed by: Amanda K Fiegel, 316 Realty Group LLC Phone #: (850) 499-7121

MLS: CentralPanhandle #754395

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