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$330,000

Beds
1
Baths
1.0
sq ft
609

9850 S Thomas Dr Unit 1211E, Panama City, FL 32408

9850 S Thomas Dr Unit 1211E

Panama City Beach, FL 32408

  • 231 days on market
    • Price drop $7,500↓
Indulge in your own oasis with this adorable beachfront condo, boasting sweeping views of the mesmerizing Emerald Coast it is no wonder why this unit has a proven strong rental history of $36,000 in gross rental income for 2023 (and that is after having several unoccupied peak season weeks due to building improvements). Situated in a prime location, this property offers an unparalleled vantage point to soak in the beauty of the coastline. Offered fully furnished & decorated, ready to host many beachside memories. Step inside and be captivated by the beauty of the Emerald Waters as the new sliding glass door and floor to ceiling windows invite abundant light and a wall of the most spectacular Gulf views. Luxury vinyl flooring flows seamlessly throughout the entire space and the open concept layout is perfect for entertaining. The living area is spacious and inviting, to include a sleeper sofa and consoles for storage, providing a comfortable space to relax and unwind while taking in the serene and vibrant colors of the Gulf.The kitchen has been thoughtfully updated with high-end appliances, sleek countertops, and ample storage space, -fully equipped with all of your cooking essentials.The bedroom is a tranquil, nautical-inspired retreat adjacent to the bathroom and the perfect space to relax after a long day at the beach.Step out onto the private balcony, and let the gentle sea breeze envelop you as you take in the sights and sounds of the coast. This is the perfect spot to savor your morning coffee or unwind with a glass of wine while witnessing the stunning sunsets that paint the sky.In addition to the awe-inspiring views, this beachfront condo offers a range of amenities, including direct access to pristine sandy white beaches, revamped swimming pool/s with new lounge seating, and a fitness center to get your fitness on. Sunbird also has future plans of installing golf cart charging stations for a fun way for owners and guests to explore the shops, restaurants & entertainment along Front Beach Road & Panama City Beach.Contact me or your agent for a viewing of this beachside retreat primed for the rental season. Buyer/s to verify all information.

Details

Property type

Condominium

Est. home value

$355,744

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$542

Year built

1984

Annual property taxes

$3,818.4

Monthly HOA fee

$701.8

Price History

09/16/2024
CentralPanhandle

CentralPanhandle #752110

Price change
$330,000
-2.22%
08/14/2024
CentralPanhandle

CentralPanhandle #752110

Price change
$337,500
-2.88%
05/16/2024
CentralPanhandle

CentralPanhandle #752110

Price change
$347,500
-2.22%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center

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

$57,963
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$245,637
Cash to seller
$57,963

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

May 2022

Original loan amount

$254,800

Est. remaining balance

$245,637

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Jeffry K Pisani

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 11:35 PM

Listing updated: 09/16/2024 at 3:19 PM

Listed by: Jacqueline J Luberto, Realty ONE Group Emerald Coast Phone #: (850) 238-8338

MLS: CentralPanhandle #752110

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