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$261,024Estimated home value

Beds
Unknown
Baths
1.0
sq ft
489

8817 Thomas Dr Unit A616, Panama City, FL 32408

8817 Thomas Dr Unit A616

Panama City Beach, FL 32408

  • Off market
Paradise Found: Beachfront Bliss at 8817 Thomas Drive A616, Panama City BeachEscape to your own slice of paradise with this immaculately renovated studio condo at 8817 Thomas Drive A616, Panama City Beach. Wake up to the sound of crashing waves and breathtaking beachfront views from your private balcony on the top floor, the highest viewpoint in the entire complex.Imagine:Stepping directly onto the sugar-white sand from the complex's private beach access.Soaking up the Florida sunshine by the sparkling pool, while sipping a refreshing drink from the nearby snack bar.Working out in the fully equipped fitness center before diving into the Gulf's turquoise waters.Enjoying stunning sunsets and the vibrant Panama City Beach nightlife, all within walking distance.Inside your haven:Freshly painted walls and modern finishes create a bright and airy atmosphere.Open-concept living maximizes space and fosters a sense of connection.A fully equipped kitchen allows you to whip up delicious meals with fresh seafood and local produce.Comfortable sleeping arrangements ensure a restful night's sleep after a day of beach adventures.This VA-approved complex offers peace of mind and convenience:Secure building accessOn-site laundry facilitiesAmple parkingWhether you're seeking a permanent beach retreat, a lucrative investment opportunity, or a memorable vacation rental, this stunning condo ticks all the boxes.Don't miss your chance to own a piece of beachfront paradise! Contact your favorite today to schedule a showing.

Details

Property type

Condominium

Est. home value

$261,024

Lot size

Unknown

Price per sq ft

$512

Year built

1976

Annual property taxes

$1,254

Monthly HOA fee

$510

Price History

08/19/2024
CentralPanhandle

CentralPanhandle #753079

Removed
$250,000
06/05/2024
CentralPanhandle

CentralPanhandle #753079

Price change
$250,000
+2.08%
06/04/2024
CentralPanhandle

CentralPanhandle #753079

Price change
$244,900
-7.23%

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

$36,068
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$193,932
Cash to seller
$36,068

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

Seller’s Loan History

Lender

Iconic Mortgage Corp

Loan start date

July 2022

Original loan amount

$200,000

Est. remaining balance

$193,932

Interest rate

5.23%

Loan type

VA, 30 year

Seller

Patricia Rodarte

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: Off Market

Tomo last checked: 09/07/2024 at 9:20 PM

Listing updated: 06/05/2024 at 6:13 PM

Listed by: Tammy Philpot, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #753079

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