tomo logo

$309,000

Beds
1
Baths
1.5
sq ft
740

8743 Thomas Dr Unit 918, Panama City, FL 32408

8743 Thomas Dr Unit 918

Panama City, FL 32408

  • 3 days on market
Gulf-Front 1BR/1.5BA Condo | Turnkey Rental Opportunity. Experience breathtaking views of the emerald waters of the Gulf of Mexico and the world-famous white sandy beaches from this stunning one-bedroom, one-and-a-half-bath Gulf-front condo. Fully furnished and turnkey, this property is rental-ready and perfect as a second home or investment property.Property Highlights: Gulf-front views with spectacular sunsets Sleeps six, featuring hallway bunks and a sleeper sofa Tile flooring throughout for easy maintenance Fully equipped kitchen and stackable washer/dryer Spacious living area and private balconyCommunity Amenities: Direct beach access Two Gulf-front pools and a kiddie pool Two hot tubs for ultimate relaxation Tiki bar for poolside refreshments On-site convenience store and arcade room Fitness center for active lifestyles 24-hour security for peace of mindWhether you're seeking a personal retreat or a rental property, this condo offers everything you need to enjoy the coastal lifestyle. Don't miss your chance to own a piece of paradise!Buyer or buyer's agent to confirm all items of importance.

Details

Property type

Condominium

Est. home value

$366,809

Lot size

Unknown

Price per sq ft

$418

Year built

1984

Annual property taxes

$3,712

Monthly HOA fee

$724.33

Price History

12/19/2024
CentralPanhandle

CentralPanhandle #766384

Listed
$309,000
-7.73%
12/17/2024
CentralPanhandle

CentralPanhandle #758720

Removed
$334,900
10/05/2024
CentralPanhandle

CentralPanhandle #758720

Price change
$334,900
-4.29%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

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

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

-$10,124
Asking price
$309,000
Closing costs (~8% of asking)
-$24,720
Est. remaining loan balance
-$294,404
Cash to seller
-$10,124

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

Seller’s Loan History

Lender

Bankplus

Loan start date

May 2023

Original loan amount

$300,000

Est. remaining balance

$294,404

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Raymond Junkin Jr and Michelle Gremillion Junkin

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: Active

Tomo last checked: 12/23/2024 at 4:00 AM

Listing updated: 12/20/2024 at 12:00 AM

Listed by: Kay H Pate, Beach Haven Realty Phone #: (770) 596-6599

MLS: CentralPanhandle #766384

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